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Don't pay income tax on rental income?

Posted 8 July 2014

I earn R408 000 p/year (from property rentals).
I don't pay income tax
Will SARS find out?

TaxTim Marc TaxTim Marc said:
8 July 2014 at 12:17

You need to declare the income to SARS and you will be taxed on this. SARS can find out and if they do you will be taxed heavily and incur penalties and interest.

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