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Luke Grimes received a travel allowance from his employer for the full year of assessment. During the current year of assessment, he travelled 45000km.20000kms were
Luke Grimes received a travel allowance from his employer for the full year of assessment. During the current year of assessment, he travelled 45000km.20000kms were business kilometres. He kept an accurate logbook. His actual vehicle expenses for the year were R15 000 . The full amount was allowed. His vehicle originally costs R220 000 including VAT. The actual cost per kilometre is? Select one: a. R1.03/km b. R3.59/km c. R4.89/km d. 80.33/km
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