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Tax on profit of house sold

Posted 5 August 2015

Elizabeth said:
5 August 2015 at 15:51

If a house was sold during the tax year, do you have to declare the profit?

TaxTim Evan TaxTim Evan said:
5 August 2015 at 16:20

Yes, you do need to declare it in your tax return in the Capital Gains section.
Please make use of our Capital Gains Tax Calculator to determine the tax payable.

Please let TaxTim assist you to complete and file your tax return!

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