Training bonds vs SARS
Hi there
Hope this helps. The good news is that the SARS did loose a court case where it was argued that training bonds were to be a tax deductable item.
The bad news is that according to my tax consultant who was apparently involved, this provision expired not too long ago. This I found out about a month ago.
Suggestion, just submit the dam thing, sometimes it pays to get a tax consultant to do it for you. If you are a charter pilot there are so many tax deductions I am sure. Just ask around.
Good luck