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


Prior year tax in current year

Posted 11 December 2014

If you paid tax in respect of profits in last year in the current year can you claim that tax paid as a expense in the current year?

TaxTim TaxTim says:
12 December 2014 at 12:49

No, tax is not an expense that can be claimed against profits or income.

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




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

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.