This webinar provides a practical, in-depth look at deductible expenses across different income streams, helping practitioners understand what can, and cannot, be claimed in practice.
Participants will explore the legal framework for deductions, including general principles, apportionment, and substantiation requirements, before unpacking deductible expenses for employment, freelance, business, rental, and investment income.
The session also highlights high-risk expense areas commonly disallowed by SARS, with a strong focus on home office, travel, mixed-use assets, and ring-fencing rules. Through real-world case studies and audit-focused guidance, attendees will gain the tools needed to make defensible claims, avoid common errors, and confidently respond to SARS reviews and verifications.
Topics Discussed:
- The legal framework for deductible expenses
- General deduction principles
- Apportionment and substantiation requirements
- Deductible expenses by income type
- Employment income: what can and cannot be claimed
- Independent contractors and freelancers
- Business income (sole proprietors, companies and CCs)
- Rental and investment income
- High-risk expense areas and common SARS disallowances
- Home office claims
- Motor vehicle and travel expenses
- Mixed-use assets and lifestyle expenses
- Rental and business losses and ring-fencing
- Practical application and case studies
- Mixed-income taxpayers
- Home office across multiple income streams
- Common practitioner errors and how to avoid them
- SARS audit and verification considerations
- Documentation and record-keeping expectations
- Red flags that trigger reviews
- Making claims defensible during audits
All Included:
- Recording of the webinar
- Q&A with the presenter
- Downloadable course material
- Certification of training
- Assessment (optional)
- SAIT Accredited (2 verifiable CPD hours)