South Africa is now on Level 4 of lockdown and most employees are still working from home. Even with the lift of some restrictions, the questions remains – Do I qualify for tax deductions?
The Income Tax Act allows deductions for expenditure incur “in the production of income”, however, it still sets our specifically when such deductions are not allowed.
We will discuss in which cases you are allowed the deductions, as well as the regulations to which one must comply. Ensure to inform your employees on this topic so they do not land in hot water with SARS.