What deductions can I claim as an independent contractor?

By Marc Sevitz · Updated

Marlan

Marlan said:
20 May 2015 at 11:33

I have a permanent salaried job and I do work for others as an independent contractor as well. What deductions can I claim as an independent contractor? Can I claim more deductions than I receive as revenue as an independent contractor (effectively losses).
TaxTim Marc

TaxTim Marc said:
21 May 2015 at 12:05

You are able to claim all the expenses related to earning additional income. Whereas a salaried employee is very limited and cannot claim the costs associated with working.