FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Am I due to pay CGT on my rental income?

Posted 7 November 2016

Doq says:
7 November 2016 at 11:04

If my rental income are paid directly into my bond account, do I have to pay Capital Gains Tax on it?

TaxTim TaxTim says:
7 November 2016 at 11:59

You are required to pay tax on the rental income if you make a profit on it, however you are able to deduct the following Rental property deductions
Capital gains tax is due on the sale of the property only and not upon receipt of the rental income.

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.