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NC says: 26 February 2016 at 11:58 I have a small business running from home. Make on average about R5000-R6000 a month. I am not registered for tax. I recently won R40 000 from betting on soccer. Do I need to declare these winnings and how? |
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TaxTim says: 26 February 2016 at 13:58 No you do not need to declare these earnings and you will not have to pay tax on them. Is this a once off bet you won? |
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NC says: 26 February 2016 at 17:10 i bet 2-3 times a month for entertainment |
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TaxTim says: 28 February 2016 at 20:35 Unless this becomes your actual income earned from this becoming an activity for profit making then you won't be taxed. |
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