I have received a tax certificate from Allan Gray for one of my investments, there's an amount against the source code: 4238 - Taxable Local Dividends. How do I declare an amount received for this source code on e-filing?
In the opening questions to your Tax Return, navigate to other "Other Taxable Receipts and Accruals":
Indicate "Yes" for the below question:
"Did you have any receipts and accruals not addressed by the previous question but excluding amounts you consider non-taxable"
Then, In your Tax Return, scroll down to "Other Taxable Receipts and Accruals" and enter the amount from the Tax Certificate under "Other" - source code 4214. In the description, type "Income from REIT".
Taxable local dividends refer to income from Real Estate Investment Trusts (REITS).
Get SARS Tax Dates and Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.