Budget Speech Update – Travel Reimbursements

Budget Speech Update – Travel Reimbursements

Payroll / eTorQue

The alternative rate per kilometre has been increased from R 3.16 per km to R 3.24 per km. This rate is applicable at the option of the recipient where the distance travelled for business purposes does not exceed 8000 kilometres per annum and no other form of compensation is received.

Update your remuneration policies in this regard.

If you are a HRTorQue Payroll client, please contact your payroll administrator or our tax manager, Dave Beattie, if you require assistance in this regard.