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Understanding additional income and costs on the TaxTim process?

Posted 22 January 2014 under Tax Q&A


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Were you involved in any activities that resulted in local royalty profit or loss?

the meaning of this question is unclear

does it relate to the additional income defined in the previous question? is it separate items royalty, profit, loss? if I make some ad hoc additional income writing does it come in here?

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TaxTim TaxTim says:
23 January 2014 at 16:09

This is purely related to royalty income. So the Question is asking, did you make a loss or a profit from royalties?


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help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

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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!