Summary
How to handle reimbursive travel allowance on Sage 300 People.
Description
Reimbursive travel allowances use different IRP5 codes based on how you capture the data. The system applies these codes when generating the IRP5 file for SARS reporting.
The system doesn't change values in the application. It only adjusts the IRP5 file during submission for the relevant year of assessment.
Use the correct capture method to ensure accurate remuneration and tax reporting.
Understand IRP5 codes for Reimbursive travel
-
3702
- Used for the non-taxable portion up to the prescribed rate per kilometre
- This amount isn't remuneration but assessed by SARS
-
3722
- Used for the portion that exceeds the prescribed rate per kilometre
- Treat this portion as remuneration
-
3703
- Used when the rate is equal to or less than the prescribed rate
- No other travel compensation applies
- This amount isn't remuneration and isn't assessed
-
3701
- Used for travel allowances or advances
- Include the taxable portion in code 4582
Review Reimbusive travel scenarios and IRP5 codes.
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