2. Thomas works for Lewis, a furniture retail shop.The company expect Thomas to visit customers and suppliers on a regular basis and pays him a travel allowance of R7 800 per month for period of 8 months. Thomas has a Nissan Latio that he had purchased on 1 February 2018 for R250 000 (including VAT). He has travelled 27 000 kilometres in total for the 2020 year of assessment, of which 15 000 kilometres was for work purposes (per his logbook). He did not keep actual records of costs relating to the use of the car. Based on the deemed table, assume cost per KM is noted to be Fixed cost R2.154, Fuel R1.075 and maintenance R0.464. Determine the taxable portion of the travel allowance to be included in Thomas's gross income. (5) A. R7005 B. R10 521 C. R8500

SOUTH AFRICA TAXATION