There are many things that are tax deductible in South Africa. Some of the most common deductions include expenses for medical care, education, and retirement savings. Taxpayers can also deduct certain items that they have purchased for their business, such as equipment or inventory.
Vehicle Expenses
There are a few things to keep in mind with vehicle expenses and taxes in South Africa. First, you can deduct the cost of fuel and oil from your taxes. Second, you can also deduct the cost of repairs and maintenance on your vehicle. Finally, you can deduct the cost of insurance premiums on your vehicle.
Education Expenses
There are several education expenses that are tax deductible in South Africa. These include tuition fees, books, and other study materials, and accommodation costs. However, it is important to note that these deductions are only available if you are registered as a full-time student at a recognised educational institution.
