Fred Wagenvoorde

Relief for those burdened by school fees

CatalystEducation, Tax

Gross income exemptions through employer provided bursaries and scholarships Paying school fees is often a cumbersome task, particularly if you provide financially for more than one learner. There is, however, some relief for parents and guardians. The Income Tax Act1provides an exemption relating to a bona fide scholarship or bursary awarded to an employee or their relative to assist with …