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Till slips and vat

Posted 7 December 2015 under Tax Questions



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Zandiba says:
7 December 2015 at 10:22

Hello Tim I have asked a question about till slips of an individual when or whereby an individual gets to purchase an item and receives a till slip now my question is can you keep that till slip as a form of tax return as well?

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TaxTimTaxTim says:
7 December 2015 at 18:43

If you are self-employed and it is related to business income earned, then yes, you can submit these till slips to SARS as proof of your expenses.
You cannot submit it to SARS if it is for personal expenditure.


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