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Thabo Sithole is employed as a sales representative for a pharmaceutical company. He receives a travel allowance for using his car for business trips. The details of his travel allowance are: Travel allowance received for the year 4 -R48,750 Total kilometers travelled for the year -20,000 km * Private kilometers for the year -8,000 km. Thabo owns a car that he purchased for R95,000 (R80,000 cash plus VAT R15,000) Calculate the business kilometers for the current year of assessment a. 12,000 km b. 30,000 km 8,000 km​



Answer :

Answer:

12000

Explanation:

To calculate the business kilometers for Thabo Sithole for the current year of assessment, you can use the following steps:

1. Determine the total kilometers traveled for the year.

2. Subtract the private kilometers traveled for the year from the total kilometers traveled.

Here are the given details:

- Total kilometers traveled for the year: 20,000 km

- Private kilometers for the year: 8,000 km

The formula to calculate the business kilometers is:

\[ \text{Business Kilometers} = \text{Total Kilometers} - \text{Private Kilometers} \]

Plugging in the values:

\[ \text{Business Kilometers} = 20,000 \, \text{km} - 8,000 \, \text{km} \]

\[ \text{Business Kilometers} = 12,000 \, \text{km} \]

Therefore, the business kilometers for the current year of assessment is:

a. 12,000 km

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