Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Is rental income taxable if i'm renting somewhere else?



Khangwelo says:
21 August 2015 at 10:24

I bought a property and after a year, I decided to let it out and go rent somewhere, so now that am earning rental income on my property, i'm I liable to pay tax on the rental income received?

TaxTim TaxTim says:
21 August 2015 at 11:15

Yes, the rental income is taxable and will need to be declared in your Tax Return.
Please see further clarification below.
Rental property deductions

Please register for TaxTim and let us assist you to complete and submit your Tax Return. Register for TaxTim

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.




Submit your tax return right here!

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

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.