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Can a self-employed person get a home loan in South Africa?

 How to get a home loan when you are self-employed Can a self-employed person get a home loan in South Africa? The simple answer is yes. But the bank or the financial institute will have certain requirements that self-employed person has to meet.  These are similar to the rules that registered companies must follow. The moment you earn an extra income, the South African Revenue Service sees it as a business income and you are expected to have financial statements and pay taxes.  Before you apply for a home loan, first find out what amount you qualify. Determine exactly what the bank would need from you before you apply. This would speed up the process and the bank doesn't have to wait for outstanding documents that you probably don't have and still have to search for. If you're applying for a home loan as a self-employed person , then these tips can streamline the process and increase your chances of approval. These are the things to do before you apply for the home loan....

Where To Find Sars Statement Of Account In 2024

 

Olivia Sambo, Accountant, and MD: Profits & Books Accounting | Bookkeeping Services

There are several ways to access your SARS Statement of Account in 2024, depending on your preference and convenience. Here are a few options:

Online:

  • SARS eFiling: This is the preferred method and offers the most detailed information. Log in to your eFiling account, click on the Statement of Account icon at the top right corner, and choose the desired date range. You can then view or download your statement in PDF format.

  • SARS MobiApp: Download the free SARS MobiApp on your smartphone and log in using your eFiling credentials. You can then request and view your statement of account within the app.

Offline:

  • SMS: Send an SMS with the message "BALANCE (space) ID number/Passport number/Asylum Seeker number" to 47277. You will receive an SMS with your current balance and refund information, if applicable. This option doesn't provide a detailed statement like eFiling or the MobiApp.

  • USSD: Dial 47277 ID number# on your mobile phone. You will receive a menu with various options, including "View Balance." Select this option to receive your current balance and refund information via SMS.

  • Phone: Call the SARS Contact Centre at 0800 00 7277 and request your statement of account. Be prepared to provide your tax reference number or other identifying information.

Additional information:

  • Beware of phishing scams. Always access your SARS information through official channels like eFiling, the MobiApp, or by directly contacting SARS.
  • If you owe money to SARS, your statement of account will also show the due date and payment options.
  • If you are expecting a refund, your statement of account will show the estimated date when you can expect to receive it.

I hope this information helps you find your SARS Statement of Account!

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