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How to declare Taxable Local Dividends (code 4238) on tax return

Posted 2 July 2015 under Tax Q&A


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Nina says:
2 July 2015 at 8:42

I would like to know where on my tax return (ITR12) should I declare the taxable local dividends (4238). It is from the income tax certificate I received for my unit trusts. The code wasn't on last year's certificate. Both the relevant questions are ticked yes (i. E. 'Did you receive income from interest (local and foreign) and / or taxable foreign dividends?' and 'Did you receive exempt local / and or foreign dividend income?') There is, however, no code 4238 on the income form created.

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TaxTim TaxTim says:
2 July 2015 at 10:14

You do not need to include this - it has been taxed already so you can leave this out.


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