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Income Tax Act, 1962 (Act No. 58 of 1962)

Notices

2017 Notices

Fixing of Rate per Kilometre in respect of motor vehicles for the purposes of section 8(1)(b)(ii) and (iii)

3. Cost scale

 

Where the value of the vehicle—

Fixed Cost

 

R

Fuel Cost

 

c/km

Maintenance Cost

 

c/km

does not exceed R85 000

28 492

91.2

32.9

exceeds R85 000 but does not exceed R170 000

50 924

101.8

41.2

exceeds R170 000 but does not exceed R255 000

73 427

110.6

45.4

exceeds R255 000 but does not exceed R340 000

93 267

118.9

49.6

exceeds R340 000 but does not exceed R425 000

113 179

127.2

58.2

exceeds R425 000 but does not exceed R510 000

134 035

146.0

68.4

exceeds R510 000 but does not exceed R595 000

154 879

150.9

84.9

exceeds R595 000

154 879

150.9

84.9