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Assets and Liabilties - To whom does it apply?

Posted 1 September 2015 under Tax Q&A


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Tshegofatso says:
1 September 2015 at 11:17

Does the asset and liabilities section pertain to business (if one is a director) or is it on a personal basis?

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.

TaxTim TaxTim says:
1 September 2015 at 14:39

If it is for your personal tax return, then you need to list your own personal assets and liabilities.
However, if you are completing your company tax return then the assets and liabilities section will pertain to your business.


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Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!