Tax Payer Info

SARS – What you need to know to claim for travel.

July 7, 2021 Comments Off

When can you claim for travel? If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes. What do I need to do? Firstly, record your motor vehicle’s odometer reading on […]

Understanding income tax as a freelancer

April 28, 2021 Comments Off

Imagine sliding into your home office with comfy pants, a notebook, and the aroma of coffee. Working for yourself certainly seems appealing. But, unlike those working for a company, you will have the added responsibility of taking care of your income tax. Freelancers receive a variety of payments throughout the year and, in addition […]