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Werner says: 27 November 2015 at 11:25 I have 7 IRP5's 2 of them are salaries from different companies code 3601 value R229400 2 are as an independent contractor code 3616 value R514321 From the salaried income I had 1 month with a travel allowance. I currently have computer hardware, travel expenses, a vehicle and it services expenses that I van to deduct against the code 3616 income. I want to know where do I fill in in on the form to deduct expenses I incurred to generate the income earned on code 3616? How do I calculate the usage and percentage of depreciation on the vehicle and other equipment? |
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TaxTim says: 27 November 2015 at 14:06 Please look at our Wear and Tear calculator for the depreciation periods. Regarding the expenses against the 3616 income, please use the business income section to include those expenses. Do not enter the income again though. |
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