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

Notices

2026 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 R115 000

38 344

132.9

49.1

exceeds R115 000 but does not exceed R230 000

68 487

148.4

61.4

exceeds R230 000 but does not exceed R345 000

98 689

161.2

67.8

exceeds R345 000 but does not exceed R460 000

125 393

173.4

74.0

exceeds R460 000 but does not exceed R575 000

152 097

185.5

86.9

exceeds R575 000 but does not exceed R690 000

180 078

212.8

102.0

exceeds R690 000 but does not exceed R805 000

208 106

216.5

114.5

exceeds R805 000 but does not exceed R920 000

237 679

220.1

126.9

exceeds R920 000

237 679

220.1

126.9