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Capital Gains on SATRIX fund transfers

Posted 29 July 2015 under Tax Questions

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Scorpio says:
1 July 2015 at 17:10

I received my IT/IB 3(b) and IT/IB 3(c) from Satrix. The IT/IB3(c) reflects disposal of Unit Trusts or financial instruments with source code 4250. I did not cash in any of my EFT's but transferred them from one fund to another. Must I still reflect these values in my tax form?

If yes, which figure do I reflect for source code 4250? - weighted average value, Gross Proceeds, Nett gain / loss or weighted average value.

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TaxTimTaxTim says:
1 July 2015 at 17:29

You would put the net gain/loss as you are including the capital gain.


Scorpio says:
2 July 2015 at 10:17

Thanks for for a prompt response and your assistance


TaxTimTaxTim says:
2 July 2015 at 11:27

Only a pleasure!


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