Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

trader - taxation

Reply
kicc
Frequent Contributor
Most of my trading has been investing for 3 or more years and then selling - hence not liable for income tax. If i now start selling inside the 3 year period - how will i be taxed? It will be greatly appreciated - if someone can highlight all the tax diffrences including the advantages.
0 Kudos
4 REPLIES 4
cheapcheap
Regular Contributor
will get seen as income and therefore attract income tax at your marginal tax rate.
0 Kudos
SimonPB
Valued Contributor
an costs (including losing trades) are deductable ..
0 Kudos
GL
Contributor
I'd suggest having a separate account for trading and investing. Just makes it easier to ringfence trades and investments for SARS. It's free to open a new account on this site.
0 Kudos
Rams
Super Contributor
and remember if you trading, things like dividends and tax should not really be part of the equation....if you have to pay tax, thats always good because it means you making money!
0 Kudos