27/05/2026
Let MRM Financial Counsel Inc. answer your Frequently Asked Questions! ❓️
Next up.... "“What expenses can I claim as a business?"
ANSWER:
Not everything is claimable… but you might be missing out on more than you think!
Important Info:
✔ Expenses must be for business purposes only
✔ If it’s partly personal, you can only claim the business portion
✔ You must keep proof (invoices/receipts) for at least 5 years
✔ Claims must comply with South African Revenue Service guidelines
What You Can’t Claim:
🚫Personal expenses (groceries, clothing, etc.)
🚫Fines and penalties
🚫Private travel or entertainment
Make sure you’re claiming the right business expenses — and keeping it compliant!
Still unsure? Get professional advice before making costly mistakes! 💼
www.mrmfs.co.za