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Tax payable on buy to let property

Posted 11 April 2016 under Tax Q&A


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Riegardt says:
8 April 2016 at 12:09

I have invested in 4 properties to rent out to provide me with income. The total income I am recieving each month is R 18 000. I am 60 years old and have no other income. The properties are all in my name. How much tax will be payable on this monthly amount considering that this is my primary income.

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TaxTim TaxTim says:
11 April 2016 at 7:19

Please make use of our SARS income tax calculator to work out how much tax is needing to be paid. You will also need to register as a Provisional Taxpayer


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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