Blog Q&A Calculators Students Logbook Contact
Only 4 Days Remaining of Tax Season 2017! Click here to file your tax return with TaxTim now.

Statement of Assets and Liablities for small freelance income.

Posted 14 July 2014 under Tax Q&A


Do your
Tax Return in
20 minutes
or less!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

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!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
I earned R13 200 doing some freelance web development in my free time. Do I need to fill out a statement of Assets and Liablities if the freelancing amount is so small? When I fill in my tax return, this section is highlighted in red.

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

TaxTim TaxTim says:
14 July 2014 at 17:09

No you do not, you should be able to submit the return without this section needing to be completed.


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Do your
Tax Return in
20 minutes
or less!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

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!

Get started