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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


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

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TaxTim 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.


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235 DAYS
LEFT OF
TAX SEASON
2017


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