What is the market related amount for car allowance these days.
Applied for a new job just want to get my figures right and not be too greedy.
Junior job or senior job? Sales job involving a lot of driving? Or desk job involving no driving? We need more info.
Since a car allowance is mainly just a portion of your salary that will have different taxation, rather look at what you want to drive, the associated monthly repayment and annual KM's for business, and then negotiate a car allowance. No use asking for R4000 only to buy a car for R3000pm and drive 5000km annually for business. SARS will put a pineapple, dry, in your anal orifice.
Since a car allowance is mainly just a portion of your salary that will have different taxation, rather look at what you want to drive, the associated monthly repayment and annual KM's for business, and then negotiate a car allowance. No use asking for R4000 only to buy a car for R3000pm and drive 5000km annually for business. SARS will put a pineapple, dry, in your anal orifice.
Yes. It needs to be stipulated as such for SARS though. I'd rather ask for R200, or whatever the difference between Business and Personal car insurance is, on my salary.Thanks
Shouldnt you include insurance as well, as insurance for business use is higher?