They want to see a detailed record of your income and expenses to see how you arrive at the R16,000 loss. You can submit an excel spreadsheet to them which includes a description and amount for all of your expenses.
Rorysays: 3 February 2016 at 16:39
How is my income statement going to be any different from whats on my tax return? This is basically my income statement: Travel 14203 Telephone 1800 Entertainment 216
TaxTimsays: 4 February 2016 at 15:59
You should submit a break down of the travel expenses and a vehicle logbook.
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