FAQ Blog Q&A Calculators Students Contact

Earn under R350,000?Click here to see why you still need to file to get your Tax Refund.

I started to pay off my study loan and would like to know if that is Tax deductable?

Posted 3 April 2013 under Tax Q&A

TaxTim
can help
you file your
Tax return!

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

Blog Categories

Salary / IRP5 (4,659 posts)
Independent Contractor (969 posts)
Provisional Tax (631 posts)
Medical (957 posts)
Capital Gains (399 posts)
Donations (242 posts)
Deductions (3,755 posts)
Commission (1,034 posts)
Rental Income (947 posts)
Retirement (1,022 posts)
Dividends (1,015 posts)
Depreciation / Wear and Tear (345 posts)
Penalties (761 posts)
Travel Allowance (752 posts)
Audit / Verification (2,616 posts)
Tax Threshold (493 posts)
Foreign employment income (194 posts)
SARS & eFiling (2,074 posts)
PAYE & UIF (8 posts)
Source Code (1 posts)

Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

What code do your fill in on the tax form when filing my tax online.

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

TaxTim says:
3 April 2013 at 18:55

Unfortunately you cannot deduct payments on a student loan as they were not made in the production of income in the course of business and so are not deductible for tax purposes.

Get SARS Tax Deadlines in your Inbox

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories

Salary / IRP5 (4,659 posts)
Independent Contractor (969 posts)
Provisional Tax (631 posts)
Medical (957 posts)
Capital Gains (399 posts)
Donations (242 posts)
Deductions (3,755 posts)
Commission (1,034 posts)
Rental Income (947 posts)
Retirement (1,022 posts)
Dividends (1,015 posts)
Depreciation / Wear and Tear (345 posts)
Penalties (761 posts)
Travel Allowance (752 posts)
Audit / Verification (2,616 posts)
Tax Threshold (493 posts)
Foreign employment income (194 posts)
SARS & eFiling (2,074 posts)
PAYE & UIF (8 posts)
Source Code (1 posts)

TaxTim
can help
you file your
Tax return!

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