PAYE & UIF: 10 most popular posts
Vacation Home - What do I submit/declare in my Personal Tax Return?
Posted 17 July 2024
I bought a house December 2023, which are rented out as a vacation home. This is my first house that I bought and do not know what I need to submit/declare in my Personal Tax Return for 2024. Can you please assist?
Cannot access refund due to a special stopper
Posted 13 June 2024
SARS owes me a refund but according to the call centre they placed a stopper on my tax account and now need to see proof of the payment I made that caused the refund. I did make this payment, but the bank account I used to pay it to SARS has since closed.
How else can I prove that I did in fact make this payment?
Can I claim home office expenses I incurred in 2020 a few years later?
Posted 12 June 2024
Good day,
I am writing to ask if it would be possible to make corrections to 2020 tax return assessment. I would like to include the home office expenses claim as I did work from home during the covid 19 lock down period.
Looking forward to your response.
How do I do my taxes as a freelancer?
Posted 16 May 2024
I'm a freelancer - how do I do my taxes? Do I register as provisional taxpayer or can I still pay PAYE monthly?
I'm a remote worker who needs help with their tax
Updated 14 May 2024
I'm an independent contractor working remotely for an international company. The company is not obligated to pay my tax, therefore I need to do it myself. However, I'm not sure what the process entails. Please can you offer help?
Can construction workers claim a tax refund?
Posted 30 April 2024
I work as a bricklayer on a building site. Do I need to submit a tax return and are construction employees allowed to claim a tax refund?
Tax on my travel allowance
Posted 24 April 2024
My employer is satisfied that only 60% of my travel allowance will be for business purpose, do I only include the 60% in my monthly payslip for PAYE purposes or do I revert back to the 80/20 rule?
What percentage tax does a person as a consultant pay?
Posted 23 April 2024
I have been offered a job as a part time consultant. The company says that I must pay tax directly to SARS. How much tax will I have to pay directly to SARS?
I work two jobs - can I claim internet for both?
Posted 23 April 2024
I work two jobs as an independent contractor in addition to my full-time salary. I use the same fibre internet connection for both these jobs which is debited on a monthly basis. Am I correct in saying I can only claim for it once on my tax return, and not twice for both jobs?
Then I also want to know if my TaxTim payment is deductible?
My seafarer exemption was rejected. What do I do now?
Posted 30 January 2024
I received a SARS assessment after submitting my tax return via TaxTim. During the submission, there was no payment to SARS expected. However I then received an assessment for a large (R2m) balance owed. At the time I assumed it was a mistake or a premature assessment before my documents had been processed, but I've now received an email from SARS stating Outstanding Debt. Please could you assist me with understanding the significant discrepancy between the TaxTim calculation and the SARS assess...
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When can I submit my tax return?
Updated 9 May 2022
When can I submit my tax return for the 2022 tax season? Are the filing dates still the same as those of the previous year?
Register as a Sole Proprietor
Updated 9 May 2022
Can TaxTim help me register as a Sole Proprietor and assist me with my accounting?
Why am I getting auto-assessed? Where is my tax return?
Updated 3 May 2022
I received an auto-assessment from SARS but I am confused what this means. Why have I been selected by SARS and how did SARS get my data? Can I still submit a tax return if I want to?
Freelancer and Tax payments
Updated 1 April 2022
I am currently working as a freelance artist who just started earning money from the work which I do, but at the moment I earn approximately R600.00 a month. I also have not been working for a long time before I began with the freelance job, it has been just over 7 months. Do I still need to pay my taxes even though my income isn't fixed and stable? If that is the case I need help in knowing how I can calculate how much of the tax I would need to pay.
Drop-shipping and taxes
Posted 31 March 2022
Q: Tax on Sole Proprietor Income
Independent Contractor versus Personal Service Company
Updated 30 March 2022
I'd like to get some clarity on whether there is a difference between an Independent Contractor and a Personal Service Company?
Difference between Vat and Tax numbers
Updated 29 March 2022
Q: What is the difference between a VAT registration number and a tax reference number. When do I use which one? Are they not the same thing?
Do I need to register for VAT if my income is all export related but my turnover exceeds R1m?
Posted 16 March 2022
I am a provisional taxpayer in South Africa working solely for a foreign company (my services are all export related) with my turnover exceeding R1 million a year. I know that exports are zero-rated for VAT. Do I need to register as a VAT vendor, even though my income would not be subject to VAT?
Should source code 3699 reflect on your cost to company?
Posted 16 March 2022
Does source code 3699 include all employment income, so it should it reflect your cost to company?
Can I claim against the use of my vehicle if the only code on my IRP5 is 3703?
Posted 15 March 2022
I have used my vehicle for official travel - there is only code 3703 on my IRP5. Can I claim travel expenses in my return?
Money owed to SARS
Posted 15 March 2022
I want to understand why I am owing SARS and how to pay the money to SARS?
Tax for a Personal Service Provider
Posted 10 March 2022
Hi Tax Tim,
I am a Personal Service Provider (PSP). My client withholds PAYE at 28% in the name of the PSP i.e in my company's name and not me personally, as an individual taxpayer. This concerns me because the PAYE tax credits sit in my company's name, but from an individual perspective I have not paid any tax on the salary I withdraw from my company.
The PAYE refund, if any, will be paid into my company. How do I show the tax on my salary in my individual tax return? If I...
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Freezing emigrants Retirement Annuities, how do I declare non-tax resident status?
Posted 10 February 2021
Hi TaxTim, please can I ask about emigration and Retirement Annuities (RA)?
The new South African tax regulation, effective March 1, regarding emigrants' RAs being frozen for 3 years after financially emigrating:
1. I was told the start of the 3 years is not from date of financially emigrating, but rather the declaration date of non-tax resident status, is this correct?
2. If so, how does one declare oneself a non-tax resident?
3. I may have already declared mysel...
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Is there a limit on the contribution towards PAYE for tax on perks such as fuel?
Posted 20 January 2021
As part of my package I receive the benefit of a fuel card and car allowance (but I do not do any business travel). However, on my tax return for 2020 I had to pay almost R9k because of this benefit. I had thought that our Human Resource Department would have made adjustments to my PAYE so that I would be paying 100% of the applicable tax so that I do not have anything to pay when I do my tax return once a year. Our Human Resource person said that he was not able to set the PAYE so that I could in future pay 100% of the fuel and car allowance benefit, but was limited to set it at 80%. ...
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SARS discrepancy sms
Posted 5 August 2020
I got a sms from SARS reviewing discrepancies identified between 3rd party (TaxTim) and my last Income Tax tax return. Also they are advising me that I should ensure that the information is captured correctly. My information is captured by Sanlam and assume it is correct. Please advise what the discrepancy could be? And why do they mention the word "discrepancy"?
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