Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Deadlines in your Inbox
 

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

Supplementary Part-time income deductions

Posted 29 July 2014 under Tax Questions


Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
I work full time as an employee. Part time I do multi-level network marketing. What should I track for tax deductions and how does it fit in with my full time employment. Electronic equipment? Office? Car ? Gifts, product expenses. What is allowed and not allowed.

This entry was posted in Tax Questions and tagged , , . Bookmark the permalink.

TaxTimTaxTim says:
29 July 2014 at 9:56

Your full time employment is separate and does not offer you any deductions for work related expenses.

You are able to deduct expenses against the other income earned provided it was spent for business purposes, nothing personal. Assets used such as a electronic equipment can be written off using wear and tear to depreciate them over different periods.


Get SARS Tax Deadlines in your Inbox
 

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

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →