How do I claim for buying a house?

By Marc Sevitz · Updated 4 July 2013

I am a freelancer in the film industry. I have been told that I can claim back for buying a house and renovating it. Is this true? I would also like to claim back for my car expenses. I have receipts for fuel and maintenance and my opening and closing kilometers for the tax year. I'm not sure how to fill in the log book though, do I need to fill in for each trip?

TaxTim Marc said:
8 July 2013 at 9:38

The house is a personal asset and cannot be claimed for tax purposes. As a freelancer you can claim your expenses directly related to the work you do, but must keep an accurate record of everything including all mileage done. You would need to put everything into the logbook.

Free SARS mobile logbook

Salary / IRP5

Independent Contractor

Deductions

Commission

Travel Allowance