Older Persons Act, 2006
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)Notices2013 NoticesFixing of Rate per Kilometre in respect of motor vehicles for the purposes of section 8(1)(b)(ii) and (iii) of the Income Tax Act, 19623. Cost scale |
|
Where the value of the vehicle— |
Fixed Cost
R |
Fuel Cost
c/km |
Maintenance Cost c/km |
|
does not exceed R60 000 |
19 310 |
81.4 |
26.2 |
|
exceeds R60 000 but does not exceed R120 000 |
38 333 |
96.1 |
29.5 |
|
exceeds R120 000 but does not exceed R180 000 |
52 033 |
90.8 |
32.8 |
|
exceeds R180 000 but does not exceed R240 000 |
65 667 |
98.7 |
39.4 |
|
exceeds R240 000 but does not exceed R300 000 |
78 192 |
113.6 |
46.3 |
|
exceeds R300 000 but does not exceed R360 000 |
90 668 |
130.3 |
54.4 |
|
exceeds R360 000 but does not exceed R420 000 |
104 374 |
134.7 |
67.7 |
|
exceeds R420 000 but does not exceed R480 000 |
118 078 |
147.7 |
70.5 |
|
exceeds R480 000 |
118 078 |
147.7 |
70.5 |
