I am from the UK, but will get permanent residence in SA, but I have money overseas, will I pay tax
Posted 20 November 2012
If i bring funds into SA and earn interest do I have to pay tax on it, what is the free allowance and then how much is it thereafter please?
Our cleaner earns R1 200 per month for working 2 days per week. She is registered as a taxpayer, bu
Posted 20 November 2012
She has not submitted a tax form because of her salary. She is retiring at the end of December and we have been told that she will not be entitled to her pension if she does not submit her tax. Please could you help answer our question?
I didn't get an IRP5
Posted 20 November 2012
Retrenched November 2011, unable to obtain IRP5 & company under liquidation. What do I do?
I submitted my IRP5 and received an SMS saying account balance: -12000. Selected for audit.
Posted 19 November 2012
I submitted my IRP5 at a SARS branch in Joburg and I received an SMS saying
Tax return assessment result: R-12000. Acc bal:R-12000. Selected for audit: Yes.
What does it mean?
Capital gains on house sale for pensioner
Posted 19 November 2012
I am a pensioner. We sold some houses where we had lots of problems with tenants. How does the capital gains tax affect pensioners?
I have a Q about retirement annuity deductions against tax?
Posted 12 November 2012
How does the Chief Thief calculate my deductable amount on 'current year' RA payments (code 4006)? I entered an amount on my tax form and they calculate a LARGER amount, how is this possible?
What do I need to do to get a tax certificate?
Posted 12 November 2012
Good Day,
I am uncertain if I am registered with SARS, on my IRP5 I have a 10 digit income tax ref number. I have been paying tax for the past 5 or 6 years but I have never submitted any thing to SARS. I urgently need a tax certificate. What do I need to do in order to get a tax clearance certificate?
Gross Retirement Funding Income on IRP5
Posted 8 November 2012
On my IRP5 there is a category called Gross retirement Funding Income. Does this have to be entered on TaxTim?
Do I have to enter Unit Trusts on my tax form?
Posted 8 November 2012
In Feb this year (28 Feb to be exact) I contributed a lump sum of R1000 to a Retirement annuity High equity fund, does that have to be reflected on my income tax statement?
I am a provisional tax payer, but I want to claim on my annuities at year end, where do I do that?
Posted 6 November 2012
There is no space on the IRP6 to fill it in?
Souce code 4002 and 4006
Posted 1 November 2012
On my document there is no 4002 and 4006. What amount must I include?
Retrenchment pay-out tax code
Posted 1 November 2012
During the 2012 tax year I received a retrenchment pay-out. It is reflected on my IRP5 with tax code 3907. According to the tax code definition I got off the SARS website 3907 is defined as: "Other lump sums (e.g. backdated salaries extended over previous tax years, not approved funds)."
Tax code 3901 is defined as: "Gratuities (retirement / retrenchment)."
Does it matter that the code seems to be incorrect on my IRP5, is there a tax implication?
Where do I include the Gross non-taxable income - source code 3696?
Posted 31 October 2012
If one receives an annuity and the annuity certificate states that there is a gross non-taxable portion (Code 3696) and a gross non-retirement fund employment income (Code 3698), which amount do I have to disclose in my tax return ans when completing the TaxTim questionnaire?
If I have two IRP5's do I add them together?
Posted 31 October 2012
I retired from my company mid last year and the worked for the same company as a contractor for three months, what do I do with my IRP5's?
How do I submit income tax? How do I calculate income tax?
Posted 16 October 2012
Hi
I need to submit my income tax for 2012 and how do I calculation my tax and complete the income tax form?
My monthly salary package is R13000 with pension fund incl. (I paid -R890 and company paid -R1210 show on payslip)
Travel allowance (R1000 per month)
So it's R13000 (incl. pension fund) Travel allowance R1000 = R14000 Gross income
And I also paid medical aid by myself ( -R960 for myself , -R1100 for my father and -R1100 for my mother) from my own pocket....
Read more →
How much tax do I get charged on a R10000.00 salary?
Posted 14 October 2012
I would like to find out on a R10 000 salary, how l much tax would be deducted and would I be eligible to claim tax in the future?
How does the tax on medical aid contributions appear on my IRP5?
Posted 14 October 2012
I am a pensioner and the company I worked for pays my medical aid contributions in full. When I call up my file on efiling, the prepopulated fields are (3810) and (4005) with a "1" and field (4474) with the full amount of the contributions paid by the company. Is this correct? I do not receive a pension from the company.
What is the Retirement Annuity Fund contribution deduction limited to?
Posted 14 October 2012
Taxable income before RAF deduction is R100 000 per annum. RAF contributions are R1200 per annum. (Is the RAF deduction limited to actual RAF contributions?) Please advise what RAF deduction I can used in my tax calculation?
Hi Tim, I am unemployed and I am unsure about what to do with my tax return next year.
Posted 14 October 2012
I also have an annuity that I still pay every month. What do I do next year with my return?
I am 64 years old, what is the taxable threshhold for a tax year?
Posted 25 September 2012
How much money can I earn in a year before I will be taxed by SARS?
Where do you include amounts
Posted 25 September 2012
Where must we include rental income, purchased annuities, exemption of capital portion, tax payers information, RAF S11(n)?
Can I claim back contributions from past returns already filed?
Posted 25 September 2012
I just realised that I haven't claimed any money back on my disability cover contribution and RA contributions dating back to 2008.
Can I still claim money back for the years I've missed?
I claim medical aid but medical aid not in my name, am I allowed to do this?
Posted 17 September 2012
I pay the monthly medical aid fee but the medical aid is in my spouse's name. I want to claim this as he does not pay tax, is this allowed?
How do people get so much money back from SARS for ex: R 4000?
Posted 17 September 2012
We work for the same company and earn the same salary. He get R 4000 back from SARS and i get R 0????
Do my bond, life insurance, car payments etc have an effect on this?
How much do you have to earn to apply for your tax back?
Posted 17 September 2012
I earn approximately R127K per year and was wondering if I can apply for my tax back.
Older posts →← Newer posts
31 32 33 34 35 36 37 38 39 40 41 42
