Archer
Honorary Master
I've got a field asking "The foreign currency value at cost must be translated to Rand using the exchange rate as at the end of the tax year when the asset was acquired." This is under "Statement of Foreign Assets and Liabilities"
In the local assets field they've got a section for motor vehicles, caravans, boats so I assume I need to give them the value of the car I bought outside of SA? I just don't usually regard a car as an asset
In the local assets field they've got a section for motor vehicles, caravans, boats so I assume I need to give them the value of the car I bought outside of SA? I just don't usually regard a car as an asset
