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How do I combine my CC and personal tax?

Posted 17 September 2012 under Tax Q&A


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I need to know if I can enter info on two sections of my tax return ... one for my house which is registered in a Close Corporation. (normal house and I don't "trade" in this CC) I also need to do my own private tax.

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TaxTim TaxTim says:
3 September 2012 at 9:27

The CC will have it's own tax return called a IT14 and that is where you will show any tax related to the house. If there is no trading and the house is where you live in, then there will be a zero tax return. So your private tax return wouldn't show any of this at all.


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