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Does a capital gain force me to submit a tax return?

Posted 30 May 2016 under Tax Q&A


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Fiona says:
29 May 2016 at 18:31

I have received an Allan Gray IT3(c) tax certificate for capital gain/loss for 2016 for R 121556,98. Do I have to submit this to SARS tax return as am retired

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

TaxTim TaxTim says:
30 May 2016 at 15:17

Yes you will still need to submit a tax return to SARS unfortunately in order to remain compliant. However you will not have to pay an tax on this amount if this is the only revenue or income earned. Please click the link to Register for TaxTim so we can help you file your tax return with SARS.


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Need help
submitting your
Tax returns?


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