Sars petrol log book download

As members are no doubt aware, there has been some confusion regarding what specific information and in which format sars requires growers to supply them in order for them to comply with the regulations and hence obtain the rebate. To help, you can download our free vehicle log book template. Now you can keep your vehicle log book up to date with oneclick simplicity from taxtim. You may make use of the sars elogbook, simply download the. Sars have thoughtfully provided an electronic travel elogbook here that you can download. Even though the hand written logbook is still compliant to the requirements of sars, it is definitely a very time consuming affair. It is essential to traditional navigation and must be filled in at least daily. Get your sars travel logbook app from taxtim to record work travel kilometres via. This log can also provide important information to your car mechanic during the vehicles servicing. Nov 06, 2018 if youre the type to easily forget to keep your log book up to date, the creators of logbookme have some good news for you. A log book is a record of important events in the management, operation, and navigation of a ship. A separate logbook must be kept for each motor vehicle where more than. Unless a log book is maintained, the first 18000 km per annum is deemed to be for private use including travelling between home and business, the next 14000 km per annum is deemed to be for business and the balance above 32000 km per annum is again deemed to be for private use. Can i claim and how does it work what must i claim and what do i get back.

Gps log book how to generate a sars compliant logbook. Logbook 20 travel logbook for 1 march 2012 to 28 february 20 logbook for 01 march 2012 to 28 february 20 in excel format. Mar 29, 2018 the main difference is that an fbt log book applies to the relevant fbt year that is, ending march 31 while an income tax log book applies to an income year that is, ending june 30. This vehicle log book for excel is one of the many excel templates that you can use for just about any aspect of your home and business. The template accommodates multiple vehicles and can also be used to calculate travel charges for invoicing to clients.

Live life simply by using the sars tax logbook for automated travel, fuel and maintenance reporting. Things to be mindful of when using a log book include. This is a letter from sars to explain the necessity of logbooks for reclaiming diesel expenditure. A car logbook can help you get the most from your legitimate workrelated vehicle use. Sars logbook for business travel mybroadband forum. Suitable for individuals who need to compile a vehicle logbook for income tax purposes and for businesses needing to manage a. We began using the patrol method this fall, and after the scouts elected an acting patrol leader and apl, i immediately picked up this log book along with a copy of the current bsa patrol leaders handbook side plug that publication has a lot of really excellent guidance that is even. Tax planning log book sars have now made it compulsory to have a detailed car log book. In other words, failure to provide a log book results in an unnecessary and entirely avoidable financial penalty.

National news sars has made a special allowance for farmers who have not kept a careful log of diesel consumption. Matrix understands that keeping track of your trips can be a little bit tiresome. Secondly, make sure that you keep a logbook throughout the year. Sars logbook is a complete digital logbook application which is developed for south africans to ease the process of tax returns and rebates. You can calculate mileage and fuel expenses with the vehicle log book for excel. If you follow the guidelines, it is highly likely that sars will be satisfied with your recordkeeping, and that your claim will pass muster. It already has a content so all you need to do is to edit it if it is necessary. If you were looking for a vehicle log book template then you have come to the right place because you can download an editable one free from here. If you have any requests, suggestions, bug reports, comments or critique, please contact me. Collect your free travel logbook for sars here it is compulsory to keep a logbook for south african revenue services to submit a claim for your vehicle expenses on year end. If you want to maintain a log of your vehicle but dont know how to do that, you can download a readymade vehicle log template which is free of cost and very easy to use. Any warranty related issues for a car can be successfully handled if you maintain a perfect log book for it.

Since the new tax compliance status tcs system in 2015, we advised that the printed tcc will be stopped at a future date. These downloadable templates that we offer are all for free. This is why matrix offers all mx3 customers access to the best, stateoftheart automated sars tax logbook. Logs april 15, 2015 february 7, 2019 kate log book, log book template. What you need to know about travel allowance in south africa. Started my new job and theyve given me a petrol allowance quite small 2 tanks and theyve said i need to kep a logbook for sars etc. Theres nothing more satisfying than getting tax money back from sars. The software generates tax compliant reports so you can claim from the taxman. After the fifth year, a new log book will need to be kept. For the rates for other tax years please visit the sars website at. Managing your tax compliance status with sars the issuing of the pr.

Gps logbook combines fuel logbook and travel for tax purposes. Supporting software then enables you to download a sars compliant record of your travel for the week and allocate your trips to business or personal. Grain sa made an agreement with sars with regards to the keeping of logbooks for any periods before 1 april 2012 under audit. You can print out the template and start maintaining a record for your vehicle. With matrixs electronic sars tax logbook, you can easily and effortlessly track, measure and monitor vehicle mileage, fuel consumption and maintenance costs. In fact, all taxpayers with a car need to submit a logbook to sars with their tax returns. Little logbook is a gps device that plugs into your vehicle lighter socket and logs mileage as you drive. The total quantity of liters not substantiated will be. Free travel logbook online electronic tax logbook dryk. Generic diesel rebate logbook forestry in south africa. This has led to a situation whereby the large number of disputes have arisen. It is, in reality, proof of your vehicle condition.

It is not intended as legal advice, but as a practical guideline for handling your diesel refund claim correctly. Travel logbook for 1 march 2012 to 28 february 20 sa tax. Any problems with the fuel consumption can be easily tracked. To do this, youll have to keep an accurate record of all your expenses during the year, in addition to keeping a. Note that it is not necessary to record details of private travel. This should match with the amounts that are recorded each day to ensure that the mileage is correct. During installation, the uac user account control settings and anti virus programs could potentially block the usb drivers or software from installing if the settings are too high. Everything you need to submit your tax return is included in the application.

Logbooks critical for diesel refunds george herald. The gps log book device plugs into the cigarette lighter in your car and automatically records all vehicle mileage. The printable mileage log comes in both word and pdf format. A log book is a written record of your business use of a vehicle over a period of at least 12 continuous weeks, which should be indicative of the whole year of your business travel. Download this free car logbook template so you can keep track of each. The purpose of the vehicle log book is to show the business use percentage of the vehicle. Gps log book sars travel logbook za 1 of 2 september 2011 52. This vehicle log book for excel in particular can help you calculate the various expenses that are part of owning a vehicle. Take your completed travel logbook together with all other relevant material supporting documents with. The sample of drivers drove a total on average of 24 872kms in the tax year with 8565kms of these kilometres being driven for business purposes 34%. At the time when you would like to sell, it will be very easy for you to determine the real market value of vehicle. Vehicle logbook app for recording work trips taxtim sa. May 16, 2019 if you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes. This site can be used to keep all your vehicle logbook entries and to then see interesting reports like fuel consumption per refill, cost per month, etc.

It helps you to prepare a vital document that allows you to keep your vehicle in tip top condition. This gps logbook is webbased so you access your trip data anytime, anywhere, provided you have an internet connection. Sars has a log book template available on their website which is available to all. The engine can be used to search an address or even a company name. These expenses include fuel, oil, repairs and maintenance, car licence, insurance, wearandtear and finance charges or lease costs. Take your completed travel logbook together with all other supporting documents with. If you are looking to create an excel logbook for sars and you want it to include the dates for working days only, you can easily create it in excel using the workday function. Travel log book 2019 download here ctf provides you with a workable sample here car log book. Use this log book template to compile a complete vehicle logbook for all business and private travel. Travel e log book sars logbook used to claim a deduction on personaltax. Having an accurate travel log book could help you get r17 719 back in your tax rebate.

Travel logbook for 1 march 2012 to 28 february 20 sa. I recommend employees download this for use as it indicates all details required by. Its important to maintain a mileage log sheet so that you have welldocumented information that can help you fill out your. Calculate mileage and fuel expenses with vehicle log book. It allows you to keep track of business and private trips. Without a logbook, you will not be able to claim a travel deduction.

This document gives a clear idea of the mileage covered by your vehicle. Calculate mileage and fuel expenses with vehicle log book for. Travel elog book sars logbook used to claim a deduction on. Its important to keep a record of your trips for an accurate, detailed and sars. Vehicle log book enables a user to record all vehicle related details and info at a place in an.

Calculating a travel deduction if you are in receipt of a travel allowance the income tax act no. This should match with the amounts that are recorded each day. This assists in the log book submission of an annual tax return. If you are making a log book of this kind, its time to cut the pressure and hassle. The south african revenue service reserves the right to audit and query the content or information recorded by the taxpayer in any logbook. It is compulsory to keep a logbook for south african revenue services to submit a claim for your vehicle expenses on year end. It comes in different shapes and designs and can be easily customized. Along with a beginning record of the vehicles mileage at the beginning of the year, youll need a record at the end of the year too. The application has a built in online address search engine. The businessuse percentage broadly is the business kilometres for the year divided by the total kilometres travelled obtained from odometer records. Feb 2002 example of how to keep a detailed logbook. Please note that you only need to provide this information once. Firstly, record your motor vehicles odometer reading on 1 march, i.

Logbook for 01 march 2012 to 28 february 20 in pdf format. Calculate your claim based on the cost scale table which sars supplies youll find this table in the introduction section to the travel elogbook calculate your claim based on actual costs. Gps log book sars travel logbook za 1 of 2 sars vehicle tax log book for the period 1 march 2011 to 29 february 2012. Jan 30, 2020 vehicle log book enables a user to record all vehicle related details and info at a place in an organized manner that can be used to claim car expense dedications when making income tax return. To do this, youll have to keep an accurate record of all your expenses during the year, in addition to keeping a log book. Travel elog book sars logbook used to claim a deduction. Because most of the users were not aware of the logbook requirement, other documentary proof to substantiate the quantity of diesel used should be supplied. Should the employee receive a new vehicle in the same cycle then they would report the mileage as per the. Find out how much your estimated claim would be and see how gps log book saves you time and money so you can enjoy the important things in life. Remember to sms your cars kilometre reading as on 28 february 2019 to your own cell phone for safe keeping. Introduction it is now compulsory to keep a logbook of all your travel in which you. It is a key document that ensures a perfect investment on your asset. For you to get any tax benefit out of a travel allowance on your private motor vehicle, from 1st march 2009 you have to keep a logbook. Buy now the rebate amount is based on a sample of 432 tracked drivers who logged at least 50 business trips in the 20152016 tax year.

The vehicle log book is perhaps one of the most important tools for your vehicle maintenance. Our sars compliant online travel logbook allows you to keep track of your travel claims throughout the year. It helps you to decide whether you should invest in a new car. This template is easy to customize which increase the. Updating the vehicle log on daily basis will also give you the true value of your asset by the end. Whether youre selfemployed, a business owner or a corporate employee, tracking your travel and fuel expenses is crucial for business and tax purposes. Sars vehicle tax log book for the period 1 march 2011 to. Our sars compliant travel logbook allows you to keep track of and consolidate your travel claims throughout the year.

The term originally referred to a book for recording readings from the chip log used to determine the distance a ship traveled within a certain amount of time. Construction receipt templates are also available for download. Calculating a travel deduction if you are in receipt of a travel allowance introduction it is now compulsory to keep a logbook of all your travel in which you. We hope you find an app that suits your needs, and if you do, and its not on the list here, please leave a comment below and tell us about it. Mar 01, 2012 logbook for 01 march 2012 to 28 february 20 in pdf format. As said above use the same headings and keep all the required information eg reason for trip where business. Fuel consumption log templates can be easily found on the internet. Free excel logbook for sars download at the bottom of the page. For example, a car with a value of r250 000 with 20 000 business kilometres travelled, could result in a payment to sars of r15 892 at the end of the year.