IS A LOGBOOK REALLY NECESSARY?

IS A LOGBOOK REALLY NECESSARY?

00000 IS A LOGBOOK REALLY NECESSARY? Or can SARS use code 3702 to audit potential business kilometres travelled? SIBONGILE JEMBULA   I HAVE often wondered whether SARS officials thoroughly review the submitted logbooks when taxpayers claim for travel expenses incurred...
TAXING ISSUES

TAXING ISSUES

00002Managing Your Tax Returns – 5 ways things can go wrong, and how the deal with it… SARS makes an honest mistake. Doubling-up on income, leaving out one or more deductions, or failing to take your PAYE into account are some examples of “finger trouble” that can...
Managing Your Tax Returns

Managing Your Tax Returns

000005 ways things can go wrong, and how to deal with it… SARS makes an honest mistake. Doubling-up on income, leaving out one or more deductions, or failing to take your PAYE into account are some examples of “finger trouble” that can happen at SARS.Exempt income is...