Hi guys

On your personal income tax the last page is to record your statement of assets and liabilities.

Historically I have not focused too much attention on this whilst providing some information.

Recently I realized that I have not included share investment although I have included the taxable amounts where applicable in the tax return.

Every year SARS audits the return and all the tax certificates are submitted and they have never once queried why the amounts are not reflected on the statement of assets and liabilities.

Thanks in advance.
Kavesh