Home Office Tax Deductions South Africa

If you do work from a home take a read of our home office blog and also check out our handy decision tree to make 100 sure you are claiming this expense correctly.

Home office tax deductions south africa. However janse van rensburg warns that the sa revenue service sars has set out specific conditions in order for individuals to qualify for home office deductions. As a general rule allowances subject to certain limits granted to an employee by an employer to meet business expenditure are taxable in south africa but only to the extent that they are not so expended for business or exceed the maximum limit for. Therefore leigh anns home office deduction for the tax year 10 x r120 000 r36000 r36000 r5000 r19700. Home office tax deductions in south africa if you work from home you may be able to lower your tax liability by deducting home office expenses.

And the south african revenue service sars does allow them to claim certain home office expenses and reduce their income tax liability says gerhard kotze the managing director at realnet. Employees who earn most of their income in the form of commissions may subject to certain requirements deduct their home office expenses. Based on the above leigh ann does qualify for a home office deduction. The expenses deemed deductible by the south african revenue service sars are determined by how youre remunerated.

We often receive questions on our helpdesk about home office deductions.