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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.

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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.

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