HomeHome SearchSearch MenuMenu Our productsOur products

Here's how to ensure Jason's logbook is SARS proof

by , 17 September 2014
If you give your employee Jason a travel allowance, he must keep an accurate logbook. Without it, SARS will charge him penalties because it can't verify his travel allowance.

But how can you ensure Jason's logbook passes SARS' inspection?

It's quite simple really. His logbook must just have the right information in it.

So ensure his logbook has all this information in it to ensure it's SARS proof...

 

Jason's logbook must contain this information to be SARS proof

 
When SARS looks at Jason's logbook, it wants to see all the details of his travel history to verify his travel expenses. So ensure his logbook contains the: 
 
Date of travelling;
Opening kilometres;
Closing kilometres;
Total kilometres;
Private kilometres;
Business kilometres;
Business travel details (where, reason for visit, etc.);
Actual fuel cost and oil cost; and
Actual repairs and maintenance cost.
 
Jason must just be careful when he fills in these details because they aren't always as simple as he thinks - especially how to handle his fuel and oil consumption as well as his private mileage. Let's take a look at what he must do...
 
*********** Advertisement ************

Confused about car and travel allowances? 
 
Get expert answers to the 69 most frequently asked company car and travel allowance questions 
 
If you've ever turned to Google to get answers to your company car or travel allowance questions, you know there are thousands of pages to search through...
 
And how do you know if the answers you get are correct?!
That's why we've teamed up with two leading tax experts to give you the expert company car and travel allowance answers you need.
 
 
***********************************
 

Here's what Jason must do with his fuel and oil consumption as well as his private mileage

 
Jason's record of his fuel and oil consumed and the odometer reading taken at fuel stops don't constitute an accurate logbook. This is because they don't give SARS any information on what business and private travel he did between fuel stops. So he mustn't rely on this alone.
 
When he records his private mileage, tell him to concentrate on accurately recording private travel distances, as opposed to his business mileage.
 
If your employee does this to ensure the information in his logbook is accurate it'll survive SARS' evil eye.


PS. Find out how to save R26 983 by keeping an accurate logbook
 


Related articles




Related articles



Related Products



Comments
0 comments


Recommended for You 

  Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance



Here are all the most interesting, thought-provoking and common tax questions
asked by our subscribers over the last tax year – everything from A to Z!

To download Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance click here now >>>
  Employees always sick? How to stop it today



Make sure you develop a leave policy to regulate sick leave in your company.

BONUS! You'll find an example of the leave policy and procedure in this report.

To download Employees always sick? How to stop it today click here now >>>
  Absenteeism: Little known ways to reduce absenteeism



This FREE e-report will tell you how you can reduce absenteeism in your workplace while avoiding the CCMA and without infringing your employees' labour rights.

To download Absenteeism: Little known ways to reduce absenteeism click here now >>>
  7 Health & safety strategies to save you thousands



Don't let a health and safety incident cost you one more cent. Implement these seven
strategies in your company today.

To download 7 Health & safety strategies to save you thousands click here now >>>