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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
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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