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Are rates paid on property tax deductible?



How do the municipal Rates affect my tax status?

I own a small flat and I pay Rates to the municipality every month. However, my City of Johannesburg statement does not reflect my VAT number. How does this affect my Tax?

TaxTim TaxTim says:
14 October 2013 at 10:19

Do you rent out the flat and earn income?

Robert says:
14 October 2013 at 11:28

No, I live there.

TaxTim TaxTim says:
14 October 2013 at 21:49

Then you cannot deduct the rates paid as it is a personal expense.

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