Log every deductible expense as you incur it, sorted by earner category and subcategory, attach the receipt, and TaxTim keeps a running total, ready to export as a SARS-ready PDF when it's time to claim your deductions.
A running expense record is the difference between claiming every deduction and leaving money on the table. TaxTim keeps the record-keeping simple.
Log every tax-deductible expense the moment you incur it, sorted into the right earner category and subcategory so nothing slips through the cracks.
Attach a photo or PDF of each receipt to its expense, so the proof SARS may ask for is filed alongside the amount, not lost in a shoebox.
Export a clean, SARS-ready PDF summary of your deductible expenses for the tax year, ready to support your return when it's time to file.
Tracking deductible costs through the year means a more complete, accurate claim, and a smaller chance of leaving a refund on the table.
Record tax-deductible expenses throughout the year, grouped by the type of income they relate to
Keep the invoice, slip or receipt for every expense you intend to claim
Only claim expenses you actually incurred in earning your income, in line with SARS rules
Have your supporting documents ready in case SARS asks you to verify a deduction
If you earn commission, you can deduct the costs of generating that income. A running expense record makes the claim painless.
If you run a business or freelance, tracking deductible costs as you go keeps your taxable profit accurate and your records audit-ready.
If you incur work, rental or investment costs you can claim, capturing them with receipts means a fuller, well-supported deduction at filing.
Start logging expenses today and TaxTim will have your SARS-ready summary waiting when you file. Estimate your outcome with our free tax calculators first.