Description
Who It’s For
Business owners, professionals, and independent contractors who use a vehicle for both business and personal purposes and need to correctly substantiate vehicle-related tax deductions.
What Problem It Solves
Vehicle expenses are one of the most scrutinised areas in a SARS review. Without proper tracking, claims are often disallowed or reduced. This toolkit provides a structured way to record trips, fuel, and expenses to ensure your claims are accurate, supportable, and defensible.
This Can Lead To:
- Disallowed vehicle expense claims
- Incorrect business vs personal apportionment
- Increased audit risk and SARS queries
- Inconsistent records between logbooks and expenses
What’s Included (Download Contents)
- Why Proper Trip & Fuel Tracking Matters
- Mandatory Rules
- Trip Logbook (Daily / Per Trip)
- Monthly Trip Summary
- Fuel & Running Costs Register
- Annual Odometer Record
- Vehicle Expense Apportionment Calculation
- Reconciliation: Trips, Fuel & Expenses
- Common Errors to Avoid
