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Are rates paid on property tax deductible?

Posted 11 October 2013 under Tax Q&A


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How do the municipal Rates affect my tax status?

I own a small flat and I pay Rates to the municipality every month. However, my City of Johannesburg statement does not reflect my VAT number. How does this affect my Tax?

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

TaxTim TaxTim says:
14 October 2013 at 10:19

Do you rent out the flat and earn income?

Robert says:
14 October 2013 at 11:28

No, I live there.

TaxTim TaxTim says:
14 October 2013 at 21:49

Then you cannot deduct the rates paid as it is a personal expense.


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