Ringfencing

Posted 28 June 2016 under Tax Q&A
Andrew says:
28 June 2016 at 7:05

Under the ring fencing section, it is asked if I earned rental income from residential properties. If I earned rental income from commercial properties, should I still answer "yes"? Or does ring fencing only apply to residential properties?

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TaxTim TaxTim says:
28 June 2016 at 8:31

Refer to our ring-fencing article:
https://pwc.taxtim.com/na/blog/ring-fencing-explained

Commercial property does not fall in the ambit of the ring-fencing legislation.