The following is the News flash 2022-13 published by the PAGSA regarding Rate per Kilometre 2023 Tax year

Rate per kilometer (March 2022 – February 2023 also the 2023 Tax year)

SARS has published the “Rate per kilometer” in respect of Motor vehicles for the purposes of Section 8(1)(b(ii) and (iii) of the Income Tax Act.

R4.18 per kilometer may be used in terms of the prescribed Simplified method in cases where no other compensation in the form of a further allowance or eimbursement (excluding parking and toll fees) is paid to the employee for the 2023 Tax Year.

The rate per kilometer for the 2022 Tax year was set at R3.82 per kilometer.

Please note that this publication has not been Gazetted yet and the following link can be used to access the publication:
https://www.sars.gov.za/wp-content/uploads/Legal/SecLegis/LAPD-LSec-IT-GN-2022-003-Vehicle-cost-tables-2022.pdf