Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Multiple small revenue streams - consolidate expenses across all? (Sole prop)



Brian says:
13 November 2016 at 17:04

I have multiple small revenue streams, some with expenses attached to them. Do I ringfence each income/expense area, or do I consolidate them which would enable 'cross-subsidisation' of expenses?

TaxTim TaxTim says:
14 November 2016 at 9:59

Each type of extra business income earned will need to be completed separately and then either ringfenced or not depending on whether you do see profits to be made int he future.

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




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.