Blog Q&A Calculators Students Logbook Contact
CLOSE
Want to maximise your next tax refund?

TaxTim will help you fill in your tax return step-by-step.
Be done with tax in 20 minutes or less!

Try TaxTim now

Housing Allowance

Posted 16 July 2015 under Tax Q&A
JM says:
27 June 2015 at 22:21

(Schedule 3: Employment, etc) I have added the Tax Value of housing allowance as an Income on TaxTim, but there is no where to add the expenses incurred with this housing allowance.

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.

TaxTim TaxTim says:
28 June 2015 at 6:39

Your housing allowamce would have been split between a taxable and a non taxable portion on your payslip. Normally 1/3 of your housing allowance is tax free, so you are not taxed on the 1/3. Which is a tax benefit. Therefore you cannot claim any housing expenses against your housing allowance income, as you already received a tax benefit.


Get Inland Revenue Tax Dates and Deadlines in your Inbox
 

We'll tell you when tax season is open and when it closes. Nothing more.

Let TaxTim
help you
submit your
Tax returns!



TaxTim will help you:
  • Do Your Tax Return Easily
  • Avoid penalties
  • Save money
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Get started