A 30 day CGT return was submitted to report the sale of a property, and the CGT paid. The SA return is now being prepared and includes the gain details. At one stage, the work round was to submit an amended 30 day CGT return. I assume this would lead to a refund of the CGT paid. The refund would hopefully be made before the taxpayer has to pay the SA tax. Is that still the system, or is there now a mechanism for offsetting the 30 day CGT paid against the SA tax? If so, what is the system? I double checked the software, and there does not appear to be a section where you can deduct the gain or tax already assessed/paid on the 30 days return?
25th Oct 2021
Offset CGT paid on 30 day return against SA return
Offset CGT paid on 30 day return against SA return tax due
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