Income Tax Act, 1962 (Act No. 58 of 1962)Notices2018 NoticesRate per Kilometre fixed under section 8(1)(b)(ii) and (iii)3. Cost scale |
Where the value of the vehicle— |
Fixed Cost
R |
Fuel Cost
c/km |
Maintenance Cost
c/km |
does not exceed R85 000 |
28 352 |
95.7 |
34.4 |
exceeds R85 000 but does not exceed R170 000 |
50 631 |
106.8 |
43.1 |
exceeds R170 000 but does not exceed R255 000 |
72 983 |
116.0 |
47.5 |
exceeds R255 000 but does not exceed R340 000 |
92 683 |
124.8 |
51.9 |
exceeds R340 000 but does not exceed R425 000 |
112 443 |
133.5 |
60.9 |
exceeds R425 000 but does not exceed R510 000 |
133 147 |
153.2 |
71.6 |
exceeds R510 000 but does not exceed R595 000 |
153 850 |
158.4 |
88.9 |
exceeds R595 000 |
153 850 |
158.4 |
88.9 |