Switch to TaxTim and WIN R10,000  T&C's apply
How do you currently do your tax?
SARS eFiling Tax Practitioner Auto-assessment New to tax


If our company makes a yearly loss of R9233899.00 . how is the tax refund is calculated?



Nat says:
10 February 2016 at 8:16

If our company makes a yearly loss of R9233899. 00
how is the tax refund is calculated?

TaxTim TaxTim says:
10 February 2016 at 9:05

There will not be a refund, but the taxable loss will be used to offset your future income earned thereby reducing future taxes.

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



TaxTim is FREE for all Momentum & Multiply members.



Use your ID number at the payment step to claim your free TaxTim voucher

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Get started FREE

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.