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


No supporting documentation for Agent Commission for rental property



Johanna says:
14 July 2015 at 9:11

Hi, I am renting out a property. I've used your easy questions to fill in all the necessary information regarding the income and expenses related to renting out that property, but I am not confident about what supporting documentation I require to keep on hand for the rental property. I have all the levy and rates invoices, rental agreements and legal costs invoices and the bank statements for the bond financing the property. However the agent does not supply me with invoices for her commission. Can I include the commission as an expense, or should I rather leave it off?

TaxTim TaxTim says:
14 July 2015 at 16:02

Yes you can include these as they are legitimate expenses. Can you ask the agent to provide you a statement of account or invoices? Otherwise can you prove the amounts paid to her on your bank statements?

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




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 →

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