We are married in community of property. We are both registered with SARS. We both do not work for a employer. We receive investment and rental income on the Husbands name.
Does the Husband report all the investment and rental income on his tax return or should it be split and then reported on the Husband and Wife's tax filing? If the investment and rental income is only reported on the Husbands tax filing what should be filed on the Wife's tax filing? Should both also pay Provisional Tax?
He will complete a tax return stating he is married in CoP and include the full amount. He will also show your name and tax number and then SARS will issue you with an assessment. You will both need to register as provisional taxpayers yes.
Zentasays: 24 July 2015 at 11:50
Thank you appreciated
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