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I receive rental from a bonded property. How do I file the expenses and rental income?

Posted 20 August 2012

Are there specific scource codes for the items noted above?

TaxTim Marc TaxTim Marc said:
14 August 2012 at 16:26

You would need to complete the "local business" section of the Income Tax Return. Fill in the rental income under, "income other than turnover" and then enter any related expenses. There is a source code you would need to enter which can be found on the TaxTim website.

Completing your return using TaxTim, Tim will ask you all the necessary questions including those for rental income to ensure your return is completed 100% correctly!

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