SARS Source code




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  1. #1
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    Default SARS Source code

    Does anybody know what the source code for rental income is when completing your ITR12? Do you use the same code weather you are making a loss or a profit?

    Uys


    Overkill - isn't!

    uys@stofpad4x4.co.za
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  2. #2
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    different codes are used
    4210 - profit
    4211- loss
    2001 Defender 90 2.8i- snorkel, 9500lbs winch, roofrack. BFG AT.
    1976 series 3, 109- 2,5 Chev motor, warn winch ,snorkel, bash plates, SAG 750x16

  3. #3
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    Quote Originally Posted by Uys View Post
    Does anybody know what the source code for rental income is when completing your ITR12? Do you use the same code weather you are making a loss or a profit?

    Uys
    Pay the money to the expert to do your tax returns. In the long run, you won't beat him in expertise and accuracy of monies paid.
    LC 78 Troopie 1HD-FTE

  4. #4
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    I agree Henri. the headache and panic isn't worth it.

    Much like doing your own dental procedures. Unless you're that oke that circumnavigated Madagascar, and have pliers handy - leave it to the pros.

  5. #5
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    Quote Originally Posted by Henris View Post
    Pay the money to the expert to do your tax returns. In the long run, you won't beat him in expertise and accuracy of monies paid.
    What happend to DIY?


    Overkill - isn't!

    uys@stofpad4x4.co.za
    www.stofpad4x4.co.za

    Why you need Stofpad4x4 Rock sliders

    Office: 012 654 7723 (sales)

  6. #6
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    Quote Originally Posted by Uys View Post
    What happend to DIY?
    Uys, you can't keep abreast of all the things that can be claimed, etc.

    My rule of thumb is that the expert has to cost me less than if I did the papers myself. Else he is not on the ball.
    LC 78 Troopie 1HD-FTE

  7. #7
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    My acc keeps tabs on new legislation etc etc. that get passed all the time.
    Evey few months there's some new rigmarole you have to go through. He's up to date on all the loopholes, because it's his job to keep up to date. AND he saves you money in the long haul.

  8. #8
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    In this case DIY means Destroy It Yourself

    Let the experts deal with it
    "They do come True"
    75 CJ5 350 Chev Motor 33's 4" lift.
    The op is nearly finished
    96 Disco 1 V8
    "I am UNASHAMEDLY ETHICAL!!"

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