What is the AA rate per km in South Africa?
If, for instance, your drive a small sedan at the coast, the total AA rate calculated on the vehicle may be R 3,35 per driving kilometre which amounts to R 67 000 if you drive 20 000 km a year.
What is the AA rate per km 2019?
61 cents per kilometre
AA Rate per kilometre (remains unchanged) 61 cents per kilometre, irrespective of the business kilometers travelled, there is an inclusion in remuneration for PAYE purposes. The full inclusion amount is subject to PAYE, unlike the fixed travel allowance where only 80% of the amount is subject to PAYE.
What is the average cost per kilometer to operate a car?
Operating and Maintenance Costs If you haven’t kept a record of your maintenance services, you can estimate these costs at of 3.27 cents per kilometer driven, which is the average for a standard compact with routine maintenance.
How do you calculate rate per km?
To estimate the fuel cost for a trip you need the trip distance, cost of fuel per litre, and the vehicle’s average fuel consumption. In other words: Divide the total distance (km) by 100. Now multiply the answer by the average fuel consumption, and then multiply this number by the price of fuel (per litre).
What is the current AA rate per km in South Africa 2021?
20 cents per kilometre and the prescribed rate is R3. 98 cents per kilometre, the amount that will be included in remuneration for purposes of calculating the PAYE is calculated as (R4.
What is the kilometer rate for 2020?
59 cents per kilometre
The limit on the deduction of tax-exempt allowances that are paid by employers to employees who use their personal vehicle for business purposes for 2020 will be increased by one cent to 59 cents per kilometre for the first 5,000 kilometres driven, and to 53 cents per kilometre for each additional kilometre.
How much does South Africa charge per km?
Fees are calculated on a time basis whilst the disbursement component is calculated per kilometer. such charges are as follows for the High and Lower Court tariffs: High Court: R213. 00 per 15 minutes on fees / R4. 50 per kilometer on disbursements Lower Court: Scale A & B: R79.
What is the rate per km in South Africa 2021?
3.82 per kilometre
3.82 per kilometre (from 1 March 2021). kilometres AND the prescribed rate per kilometre AND no other compensation is paid to the employee.
What should I charge per km for travel?
The rate is: 72 cents per km for 2020–21 and 2021–22. 68 cents per km for 2018–19 and 2019–20. 66 cents per km for 2017–18, 2016–17 and 2015–16.