Is a tenant’s deposit taxable?

Is a tenant’s deposit taxable?

Is a tenant’s deposit taxable? Understanding rental deposits and their income tax implications WHEN ENTERING into a property lease agreement, it is common for a landlord (lessor) to require the tenant (lessee) to pay a rental deposit, also known as a security...
‘Burden of proof by taxpayer’ affirmed

‘Burden of proof by taxpayer’ affirmed

‘Burden of proof by taxpayer’ affirmed Court case clearly shows that taxpayers must prove that an amount is not income WHILE IT is entirely within a taxpayer’s rights to contest the outcome of a SARS assessment, doing so requires thorough preparation. This means...
Getting the most from your medical claim

Getting the most from your medical claim

Getting the most from your medical claim SARS provides a surprising amount of relief, specifically for those falling into either of the ‘disabled’ and/or ‘physically impaired’ categories CLAIMING ADDITIONAL medical expenses can be a bit of a nightmare, but this pales...
How to hang yourself in SARS’ noose

How to hang yourself in SARS’ noose

Unless you are a brilliant liar or have an eidetic memory, SARS will get you sooner or later SO, YOU still think that you can get away with cheating on your taxes?  With enough rope, you’ll hang yourself.  Here are some of the ways that your stupidity helps SARS to...