29 February 2024 – If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes. What do I need to do? Firstly, record your motor vehicle’s odometer reading on 1 March, i.e. on the first day of a tax year. Secondly, make sure that you keep a logbook throughout the year. Note that it is not necessary to record details of private travel but you must record details of business travel. You may make use of the SARS eLogbook, simply download the logbook. The latest logbook for next year was added on the Travel eLogbook webpage:
2024-25 SARS eLogbook for the 1 March 2024 – 28 February 2025 assessment year and filing season starting 1 Jul 2025
2023-24 SARS eLogbook for the 1 March 2023 – 29 February 2024 assessment year and filing season starting 1 Jul 2024
