Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Can financial derivative gains be declared on the ITR12



SSF says:
21 November 2015 at 21:30

I earned income using financial derivatives during the 2014/2015 tax year. I was not registered as a provisional tax payer. Can I declare my income on the ITR12 personal income tax return? If not, what steps do I need to take?

TaxTim TaxTim says:
22 November 2015 at 20:17

Yes you can - you still need to file the ITR12 tax return regardless of your provisional taxpayer status.

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




Submit your tax return right here!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

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.