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Thread: Processing a relocation payment

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    Processing a relocation payment

    Hi again.

    I need to process a rather large relocation payment and because for a client (we do salary payments for a company overseas that has staff based here in SA), I do not have a breakdown of the expenses. I know that certain relocation expenses are non-taxable but as I do not have a breakdown I am inclined to put through the whole amount as Taxable income. Do you suggest that I rather get a breakdown from the employee or should I put it through as taxable and let him claim on his tax return. How is this usually done?

    Thank you in advance for your help.

    Raene

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    Site Caretaker Dave A's Avatar
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    I've moved this to the tax forum as it seems to be a tax issue rather than an accounting issue.
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