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On the 1st of January 2024 Harry was granted use of a company vehicle, a brand new Ford Ranger which cost R376 000 VAT incl.

On the 1st of January 2024 Harry was granted use of a company vehicle, a brand new Ford Ranger which cost R376 000 VAT incl. The vehicle had a maintenance plan which covers the vehicle for the shorter of 3 years or 100 000 Kms. Harry travelled a total of 28 100 Kms of which 11 000 Kms were for business purposes.  The allowable business deduction amounts to:

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