FAQ Blog Q&A Calculators Students Logbook Contact
Earn under R500,000?Click here to see why you still need to file to get your Tax Refund.

Capital gains tax or income tax - forex trading

Posted 9 April 2017 under Tax Q&A


Do your
Tax Return in
20 minutes
or less!


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 →
Onlinecurious says:
8 April 2017 at 19:16

What's the difference between capital gains tax and income tax? Which of the two does retail forex trading fall under?

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

TaxTim TaxTim says:
9 April 2017 at 18:21

Forex Trading for the purposes of making a profit and not to hold as an investment will be treated as revenue, i.e. the same as if you are employed and earning a salary. Capital Gains tax is part of Income Tax, but it's taxed at a different rate. So the actual difference is between revenue and capital which both makes up income tax.


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Do your
Tax Return in
20 minutes
or less!


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