In accordance with the allowable SARS rates, the subsistence and travel rates applicable to UCT business trips have increased with effect from 1 March 2012.

New rates:

Local - Incidental costs only: R93 per day

Local - Meals and incidental costs: R303 per day

Foreign - The amount per day is dependant on the country being visited.

Refer to the South African Revenue Services (SARS) table for applicable rate for the country in which the staff member will be staying overnight.

NB: These rates are the MAXIMUM allowed without tax consequences. The actual rate claimed is at the fund holder's discretion. Please use the updated forms FM032 or FM049 when claiming.

Please use the updated form FM032 is used when claiming.

For full details, please refer to the Subsistence and Travel policy PAY002

Please refer to the updated policy on the Finance website PAY004

Also ensure that the updated forms FM030, FM033 and FM049 are used when claiming.

Please communicate this as appropriate within your areas.