Which proof of expenses should I hold onto?
By Alicia Human · Updated
Which receipts should I take a picture of?
Or, which expenses should I note down in preparation for tax time?
Or, which expenses should I note down in preparation for tax time?
Are you self-employed or a salaried employee?
I am a salaried employee.
You would need all tax certificates that are applicable to you e.g., medical aid, pension, IT3b (interest and/or dividends from bank), IT3c (capital gains), IRP5/IT3a
You would also need to keep a copy of all your "out of pocket" Medical expenses that you can include in the medical section of your tax return.
If you receive a car allowance, you need a logbook too.
If you have made donations to any approved non-profit organisations, you would need your S18 tax certificate.
You would also need to keep a copy of all your "out of pocket" Medical expenses that you can include in the medical section of your tax return.
If you receive a car allowance, you need a logbook too.
If you have made donations to any approved non-profit organisations, you would need your S18 tax certificate.