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I repair appliances and also repair my own vehicles.Do I have to do 2 returns?



Clive says:
23 February 2017 at 16:49

I'm repairing appliances and my own vehicles. Do I have to do 2 tax returns?I also recently repaired another vehicle. Do I have to show it in 2 tax returns-1 for appliances and 1 for vehicles?I have to repair my own vehicles because I cannot afford to pay for repairs to be done.

TaxTim TaxTim says:
24 February 2017 at 10:06

Are you running a business (i.e earning income) from repairing appliances?
And if yes, is this through a registered company (pty)?

Clive says:
24 February 2017 at 13:32

Yes -but not a registered company-in my personal capacity T/A.

TaxTim TaxTim says:
27 February 2017 at 10:16

You would only need to complete one tax return (ITR12) - you would declare the income and expenses from your business within the local business section.

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