Hi Tim. I work in Sierra Leone and get paid in dollars, into a SA bank account, how do I complete my
By Marc Sevitz · Updated
You would need to convert at the SARS rates for the period you are out of the country, this can be found at :
Exchange Rates
You would then complete this income under the amounts considered not taxable section which will have a space for s10(1)(o)(ii)
Exchange Rates
You would then complete this income under the amounts considered not taxable section which will have a space for s10(1)(o)(ii)
Thank you. Do I need to add up the different rates for each consecutive month to reach the total given by the company
Yes you would convert the income received per month and then total it up.
Thanks Tim. last question.
On the first page do I click yes to question
did you receive any other income and/ or incur any other allowable expenses not addressed above.
Or just under foreign income
did you receive any foreign income apart from foreign interst and foreign dividends income and excluding foreign captal gains
On the first page do I click yes to question
did you receive any other income and/ or incur any other allowable expenses not addressed above.
Or just under foreign income
did you receive any foreign income apart from foreign interst and foreign dividends income and excluding foreign captal gains
You would click yes to both of these.
many thanks
Only a pleasure!