Contractor/Self employed tax write-offs

[Snyper564]

Bonus question... what about a vehicle/transport? Can that be written off? Or is stuff like Ubering and writing off the uber cost better?

Ubering 100% if thats purely for business, vehicles get messy as you will have to apportion private vs business

 

[howDoesTheMoniesWork]

IF you have dedicated space and you can build the argument for it then yes you can do it.

Say 10m/100m x 10000 = R1000 pm

Yes 100% dedicated space in my flat.

 

[Snyper564]

Yes 100% dedicated space in my flat.

then just apportion based on that

 

[A3@MBB]

Be cautious when you claim office space if it's your primary residence. Do the CGT calc first on a hypothetical sale.
That percentage you claim as office will be subject to CGT when you sell and you need to weigh up the annual gain vs future payout once-off.

 

[Snyper564]

Be cautious when you claim office space if it's your primary residence. Do the CGT calc first on a hypothetical sale.
That percentage you claim as office will be subject to CGT when you sell and you need to weigh up the annual gain vs future payout once-off.

Follow a few posts down - I made this warning early on too the person confirmed they rent

 

[RedViking]

Out of interest are you using a specific software? Evernote?

On my phone I either use the Camera with the Document option or an app called Mobile Doc Scanner.