Specialising in tax and exchange control, Johan spent time with PwC in the UK, the financial capital of the globe, and on his return spent 3 years with PwC Cape Town in the Corporate International Tax department before joining STBB as a candidate attorney in 2011. Johan practices within the Corporate Commercial department and has extensive commercial drafting experience with a specific focus on business acquisitions, going-concern transactions and advises on tax aspects of commercial and property-related transactions. Since 2015 Johan heads the Non-Resident practice within STBB. His expert services range from assisting foreign investors in remitting their proceeds from fixed property out of South Africa and drafting and regularising loan agreements through the SARB to obtaining Tax Directives and various types of Tax Clearance Certificates from SARS. As an admitted attorney, conveyancer and registered tax practitioner, Johan’s skill set makes him an invaluable asset in advising and assisting STBB’s diverse clients.

Thought of the Week | Remember to diarise “Odometer day”!

The Income Tax Act allows taxpayers who use their private vehicles for work purposes to claim a tax deduction from the allowance received. This excludes travel between your home and work place, which is regarded as private travel.

To claim this tax deduction, you need to keep accurate records of your business and private kilometers travelled from the FIRST DAY of the tax year for individuals (1 March) throughout the year up to the LAST DAY (28/29 February).

SARS provides a useful travel logbook on their website to assist taxpayers in recording their travel information accurately. www.sars.gov.za You can calculate your actual travel for work purposes and claim your deduction. Without a logbook and your odometer readings, you will not be able to claim your travel allowance deduction, so diarise these dates now and make sure you qualify!

For assistance, contact us at STBB