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Guys these are just things that pop into my head.
I trade shares via Standard Bank. When dividends are payed out, it is payed out to my trading account. I then immediately buy more shares with it. The share statement will reflect that I received dividends, but in reality I did not take the money to use for day-to-day living. Must I still declare it as income for tax purposes?
Your divvie is taxed before it gets paid to you.
do you actually read when people answer?