Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

Is profit from offshore currency trading taxable in South Africa?

Posted 2 December 2014 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Is profit made from currency trading offshore taxable in South Africa?

This entry was posted in Tax Questions and tagged . Bookmark the permalink.

TaxTimTaxTim says:
9 December 2014 at 8:39

Yes it is, if the trading is for a profit making purpose then you would be taxed on the profits like normal income.


Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →