FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


How do forex traders file for tax-returns?

Posted 26 July 2015

Stephen says:
26 July 2015 at 0:52

I am a forex trader. How do I file for tax returns, based on the profits and loses I have made?
Does my profits fall under capital-gains or income from self-employment?

TaxTim TaxTim says:
26 July 2015 at 11:07

This would be income from self-employment because you are performing this activity for the intention of making profit and not just as a side hobby to realise capital from an investment.

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



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.