Tax refund from SARS?By Marc Sevitz · Updated 26 July 2014If I buy a property worth R400 000 cash, can I claim tax refund when I submit my IRP5 and how much will I get back as a refund? TaxTim Marc said:26 July 2014 at 17:49No, it has nothing to do with your tax return. This is a capital investment.Salary / IRP5DeductionsRental IncomeDividendsAudit / Verification
If I buy a property worth R400 000 cash, can I claim tax refund when I submit my IRP5 and how much will I get back as a refund? TaxTim Marc said:26 July 2014 at 17:49No, it has nothing to do with your tax return. This is a capital investment.
