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What is the advantage/disadvantage of carrying over a loss?

Posted 3 September 2015 under Tax Questions



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Brian says:
31 August 2015 at 13:01

What is the advantage/disadvantage of carrying over a loss? What does SARS mean by "ring fencing" this profit/ loss?

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TaxTimTaxTim says:
1 September 2015 at 7:24

What type of business do you run?


Brian says:
1 September 2015 at 7:26

I am an independent contractor.


TaxTimTaxTim says:
3 September 2015 at 11:13

Ring-fencing would be more applicable to when you run side business or earn rental income where you cannot carry losses over for a number of years or SARS looks negatively on offsetting these losses against your normal salaried income. If you only receive income from independent contracting then there is nothing to ring-fence against as this is your only income.


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