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Do you need to include an assessed capital loss in your tax return?

Posted 23 October 2014 under Tax Q&A


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I incurred an assessed capital loss for the 2013 tax year through sale of shares. For 2014, I made a capital gain also via shares. I read that we don't need to include the R30000 annual exclusion in our ITR12 as SARS will include this automatically. Does the same apply for the assessed capital loss? I can't find any place for it in SARS eFiling.

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TaxTim TaxTim says:
23 October 2014 at 14:46

SARS will realise the loss that was made and apply the exclusion.


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