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  #1  
Old 25-08-09, 01:34 PM
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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

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  #2  
Old 25-08-09, 11:14 PM
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different codes are used
4210 - profit
4211- loss

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Old 26-08-09, 07:01 AM
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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.

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Old 26-08-09, 07:17 AM
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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.
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Old 26-08-09, 07:18 AM
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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?

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  #6  
Old 26-08-09, 07:20 AM
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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.

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Old 26-08-09, 07:29 AM
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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.
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  #8  
Old 26-08-09, 08:46 AM
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In this case DIY means Destroy It Yourself

Let the experts deal with it

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