FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


PART TIME WORK - how do I disclose on my ITR12 Income Tax Return?

Posted 3 December 2013

I am retired and drawing a pension. I also do a bit of accounting work for a small engineering company and for that receive /- R3000 per month. The company is disclosing this as consulting fees in their accounts ie they are not providing me with an IRP5. My questions are (1) Do I disclose this information under the LBTP and ODED sections of my ITR12 and (2) do I have to complete the SOAL section of the return?

TaxTim TaxTim says:
9 December 2013 at 9:12

Yes the local business in mod section would be the way to go as you can then include all the related expenses as well to reduce the taxes payable. You don't need to complete the SOAL.

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




Submit your tax return right here!

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.