FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Do I have to pay tax if I sell through ebay,Godaddy and Sedo.com?

Posted 2 February 2014

I am University student. Now I want to sell domain names through ebay.,Godaddy and Sedo.com as an individual. My question is, do I have to pay tax,if so how am going to register? Please give any information I need to know.

TaxTim TaxTim says:
3 February 2014 at 6:02

How much do you expect to make in profits each year?

Mlambi says:
3 February 2014 at 8:55

I think it would be less than R40000

TaxTim TaxTim says:
3 February 2014 at 14:44

Then you will not have to pay any taxes as the current tax threshold is for income over R67 111.

Mlambi says:
3 February 2014 at 15:43

Thank you

TaxTim TaxTim says:
3 February 2014 at 16:09

Only a pleasure!

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




Do your Tax Return in 20 minutes or less!

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.