WHAT ARE YOUR OPTIONS?
Your employer can pay you a taxfree reimbursive allowance, at a rate set by the South African Revenue Service, for up to 8 000 km you travel each year.
If your travel allowance is regarded as non-retirementfunding income and your employer converts your travel allowance into retirement-funding salary, the contributions you and your employer pay to your retirement fund could increase.
Although this may be a good thing, it could reduce your takehome pay.
If you are not in the habit of keeping a log-book but will need to do so from next year, you may want to consider using an electronic log-book.
At least two providers are offering a service that enables you to keep an electronic record of your business trips.
White Wall Web’s Travellogger (www.travellogger.co.za) is a free website, and you can also log into it from an internet-enabled cellphone.
Mobile Gateway’s Tripsheet (www.tripsheet.co.za) allows you to record your business trips on your cellphone as you make them. You can then access your logbook on its website.