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Where do you include deductions in terms of a business as a sole proprietor?

Posted 23 November 2015 under Tax Questions



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Milky says:
23 November 2015 at 15:02

I know a medical practitioner who in addition to working at a hospital, started their own private medical operations in Jan. As a sole proprietor, I understand that the profit/loss should be included in their personal tax return.

Where on their tax return should they fill in deductions of expenses incurred in the production of income ito the practice?

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TaxTimTaxTim says:
23 November 2015 at 15:21

They would need to complete the Business Income section of the tax return. Ask them to Register for TaxTim and let us help complete and submit their tax return to SARS.


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