Where do I enter a claim for foreign expenditure on the ITR12? I run a S. African B&B, but went to the UK and France specifically to investigate buying a B&B overseas. Can I claim my expenses for this trip?
You can yes, you would include this under foreign travel on the "local business income" section of your return.Only the specific business expenses can be claimed however, not any personal holiday items.
Get SARS Tax Dates and Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.