TaxTim provides expert assistance at every step of the way - we'll make sure you include all the right information for every deduction, resulting in your maximum possible tax refund. With our helpdesk available to help any time, we make tax as easy as 1,2,3!
Save on expensive tax practitioner fees with professional tax assistance from just R249. TaxTim helps you step-by-step to complete your tax returns quickly, easily and correctly in under 20 minutes!
Skip the queues! You can do your own tax return easily and conveniently online, and get finished with tax in 20 minutes or less. TaxTim contains the knowledge of professional tax practitioners and will guide you step-by-step. It's easier than you think :)
As of July 2013 SARS declared it illegal for anyone other than a registered tax practitioner to assist people with doing their tax returns. Unless the person you know is a tax practitioner, them doing your tax return can lead to trouble for both of you.
This year try TaxTim - our service offers the knowledge and expertise of a trained tax professional, with an easy-to-use friendly interface.
You've come to the right place! TaxTim has made tax easy for over 4.4 million South Africans to date. Our service asks simple questions one-by-one, then fills in your tax return for you. We skip all the complicated stuff and allow you to do your own tax return quickly, easily and with confidence!
The challenge that I have is that I rent out this property (it is my only residence) whilst I reside with my mother at her home (who is retired). Would I still face capital gains in this scenario? I have never owned any other properties during the same time. The "primary" residence has been my only residence. I do not however live in it. I'd like to know what would happen if I had to sell it.
TaxTimsays: 4 April 2017 at 9:48
Unfortunately as you do not live in the property you would be liable for CGT without the R2m exclusion. Did you ever live in the property?
JGsays: 4 April 2017 at 10:46
I have stayed there for some periods when it was not let. Also for the past year.
TaxTimsays: 4 April 2017 at 14:30
So in that case you would have to apportion the capital gain by the period over when you lived there and when you let it out. The primary residence would apply to the period you lived there and then not for the let period for which you would be subject to full CGT.
Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.