n Personal Finance Newsletter - Travel allowances - all is not lost : tax
|Article Title||Travel allowances - all is not lost : tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Apr 2009|
The announcement by Finance Minister Trevor Manuel in his 2009 Budget that as from 1 March 2010, taxpayers receiving travel allowances will no longer be able to base their claim on "deemed" kilometres, has resulted in some commentators writing the obituary for travel allowances. However, and to paraphrase Mark Twain, "rumours of [their] death are greatly exaggerated".
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