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Statement of Assets and Liablities for small freelance income.



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.

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.

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