3 March 2023 – The Minister of Finance has approved the new table of rates per kilometre for motor vehicles in respect of the 2024 year of assessment.
The Commissioner of SARS has determined the daily amount for expenditure in respect of meals and incidental costs in the Republic of South Africa in respect of the 2024 year of assessment, for purposes of section 8(1) of the Income Tax Act No. 58 of 1962. The daily amount for travel outside the Republic remains unchanged from 1 March 2019.
The external guide and annexure have been updated.
PAYE-GEN-01-G03 – Guide for Employers in respect of Allowances – External Guide
