Sizwe received a travel allowance from his employer amounting to R120 000 for the current year of assessment. He uses his car for business and private travels. He bought this car exactly 1 year ago for R420 000 (including VAT). Sizwe travelled a total of 18 000 kilometres during the current year of assessment, of which 10 000 km were for private purposes. He also kept an accurate record of expenses incurred in respect of the car for the current year of assessment. The costs are as follows: R Finance charges 72 000 Maintenance cost 5 000 Fuel cost 15 000 Insurance premiums and licences fees 4 600 REQUIRED: 3.1 Calculate the taxable portion of the travel allowance received by Sizwe for the 2024 year of assessment