Final IN 28 (Issue 3) – Deductions of home office expenses incurred by persons in employment or persons holding an office
Overview
The submission contains SAICA’s comments on the Final Interpretation Note (IN) 28 (Issue 3) issued by SARS on 4 February 2022 that provides guidance on the interpretation and application of deductions of home office expenses incurred by persons in employment or persons holding an office. The comments relate to the disallowance of the interest expense (section 24J) in terms of section 23(m).
| Author | Sharon Smulders and Pieter Faber, SAICA |
|---|---|
| Division | Tax |
| Keywords | Section 23(b), 23(m), 24J home office deductions interest |
| Categories | Tax |
| Date | 22 March 2022 |
| File |