Does home loan interest charged effect my tax? By Marc Sevitz · Updated 31 October 2012I received a tax certificate from my bank showing the amount of interest charged on my home loan. Wherehow do I enter this on SARS eFiling? TaxTim Marc said:20 November 2012 at 21:42You cannot claim the interest paid on your personal home loan as a deduction as this is not related to earning income and is of a personal nature.DeductionsRental IncomePenaltiesSARS & eFiling
I received a tax certificate from my bank showing the amount of interest charged on my home loan. Wherehow do I enter this on SARS eFiling? TaxTim Marc said:20 November 2012 at 21:42You cannot claim the interest paid on your personal home loan as a deduction as this is not related to earning income and is of a personal nature.