How will I be taxed on my coaching income from a sports club if I already have an office job?
By Marc Sevitz · Updated
The income earned from the club will need to be included in your income tax return. You would include the extra income under the "local business income" section of the ITR12 (tax return). You can claim certain deductions, which would be the any expenses you had which resulted in you earning the coaching income. So for example petrol you spent to get to the club, telephone calls or anything else business related only. You would include these expenses in the boxes provided on the ITR12 and be taxed on the "profit" figure.