Whether you are self-employed, an entrepreneur or a corporate employee who incurs travel expenses in the production of your income or if you receive a travel allowance, you may need to record your business travel distances.
This may allow you to claim a tax deduction from South African Revenue Service (Sars), but only if you are in possession of a properly completed logbook of actual business kilometres travelled.
As it may be gratifying to get a refund, as few things are as painful as paying even more tax after a year of tax deductions.
Treading boldly where few have gone before in the ever-evolving world of business, Vusi Thembekwayo has continued to cultivate successful businesses and entrepreneurs alike as CEO, director, investor and most recently, through taking on the role of mentor once again with his latest mentorship and entrepreneurship venture, MyGrowthFund (MGF).
Thembekwayo shared with us how travel has impacted his winning approach to business, his hidden African oasis for savouring some downtime and what entrepreneurs seeking opportunities on the continent should keep in mind as they navigate Africa’s diverse and complex nuances.
What is a unique, yet powerful characteristic about doing business in… Read More
When you are travelling on behalf of your company, it’s important to remember that you are not only representing yourself or your department, but your entire organisation. Executive coach Anele Chonco says that unlike a holiday, the trip isn’t all about you.
“While it may be tempting to let loose and chill, you need to keep the mission and specific goals of the trip in mind. Simply put, business trips are an extension of the office, so the contractual rules, policies and procedures set out by your employer are still applicable,” she says.
A few generations ago, travel was a luxury for the elite and a mere dream for many. Today, the world feels much smaller, with ways of exploring the globe becoming more accessible – from affordable air travel to day-to-day spending that could all go towards your dream vacation through reward programmes.
More careers today also allow people to work from anywhere. With the advance of travel hacking, there are always new ways to travel abroad at the fraction of the normal cost and, in some cases, for absolutely free.
Here are a four ways to travel for free for business travellers:
A recent study by Corporte Traveller has found that South African execs prefer luxury travel experiences when travelling to other parts of the continent. More so, those who make up the upper echelons of business are said to prefer to travel closer to home, opting for countries such Botswana, Zimbabwe, Namibia and Mozambique, as this affords them convenience.
The continent as a whole, however, continues to grow in luxury accommodation outlets. In the early ’80s, pioneers in the luxury adventure travel marketplace such as Wilderness… Read More
The Brew – a popular dining and drinking spot at The Kerry Hotel. Image courtesy Shangri-La.
The Shangri-La Kerry Pudong Hotelis almost like a city in itself and suits travellers seeking a different experience. Besides offering attentive staff to help you make the most of your stay, the hotel is also connected to the Kerry Parkside shopping mall for your convenience.
Accommodation: The hotel has 33 well-appointed suites, each with delightful views of… Read More