I have unit trusts in Investment Solutions strategic U S dollar liquidity fund to the value of R110000.00.What would the tax payable be on this amount, my other income for the year is a living annuity of R100000.00
TaxTimsays: 26 January 2016 at 13:29
You would be taxed on the capital gains and and interest from the unit trusts. You are issued an IT3b each year which identifies these amounts which you need to include on your tax return.
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