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What is the source code for share trading income (ie not capital gains)?
Posted 25 November 2013
In addition to my salary, I actively trade shares and cfds (a kind of derivative) and there is no doubt, in my case, that this activity is on revenue account and not capital. What source code should I use? I can not find an appropriate code in the SARS source code booklet.
TaxTimsays: 27 November 2013 at 8:19
You can include this revenue under 'local business income' and you will find the appropriate source codes under the profit or loss section, you can also find these on our website under Tax Help.