Income Tax Act, 1962 (Act No. 58 of 1962)

Notices

2024 Notices

Fixing of Rate per Kilometre in respect of Motor Vehicles for the purposes of section 8(1)(b)(ii) and (iii) of the Act

3. Cost scale

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Where the value of the vehicle—

Fixed Cost

 

R

Fuel Cost

 

c/km

Maintenance Cost

c/km

does not exceed R100 000

34,480

151.7

46.0

exceeds R100 000 but does not exceed R200 000

61,770

169.4

57.6

exceeds R200 000 but does not exceed R300 000

89,119

184.0

63.5

exceeds R300 000 but does not exceed R400 000

113,436

197.9

69.3

exceeds R400 000 but does not exceed R500 000

137,752

211.8

81.5

exceeds R500 000 but does not exceed R600 000

163,178

243.0

95.6

exceeds R600 000 but does not exceed R700 000

188,653

247.1

107.3

exceeds R700 000 but does not exceed R800 000

215,447

251.2

118.9

exceeds R800 000

215,447

251.2

118.9