Unit trust and tax

By Nicci Courtney-Clarke · Updated

Turbo-p

Turbo-p said:
23 April 2017 at 19:53

Do I need to declare interest from unit trusts that is under the threshold of R33000 (e. g. Local interest earned was R15000).
TaxTim Nicci

TaxTim Nicci said:
24 April 2017 at 7:28

Yes, you need to declare the interest even if it couldn't be liable for tax.