How can I claim house hold expenses portion if allowed to work from home?
Posted 27 November 2015
In reference to claiming house hold expenses as my employment contracted stated I could work from home as well if needed. I do not have an ITR12 form, only an IRP5/IT3(a) form. If I do not have an ITR12 form, does this mean I cannot claim this?
Foreign Income included in Turnover Tax?
Posted 27 November 2015
1. Which one of the following squares must be clicked on under "Foreign Income - Yes or No" on the "Information to create your personal Income Tax Return" (see background information in 2 below)
2. My husband is a pensioner and a Provisional Tax Payer. He also practices art as a hobby and registered as Turnover Tax payer regarding this income. How should he declare the foreign income from paintings that he sold to clients abroad, which is already included in the Turnover Tax amount d...
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As a sole proprietor I don't have an IRP5, how am I going to complete my Tax return?
Posted 27 November 2015
As a sole proprietor I don't have an IRP5, how am I going to complete my Tax tax return?
IRP5/IT3a for self employed
Posted 27 November 2015
I am stuck here as I'm self employed, can someone help me out please:
Did you receive an IRP5/IT3a from being employed as an employee, from contract work, or from a fund (e. G. Pension, provident or retirement)?
To calculate home/office expenses must this calculation be done for every month of whole year?
Posted 27 November 2015
The formula that you use to calculate home/office expenses must this calculation be done for every month of whole year?
Resigned 7 minths ago
Posted 27 November 2015
I resigned my job 7 months ago and received my IRP5. I don't have a job at the moment. Do I need to let SARS know that I am jobless and don't earn an income? Or will I receive a notification saying I haven't paid taxes in the last 7 months?
Deductions against code 3616
Posted 27 November 2015
I have 7 IRP5's
2 of them are salaries from different companies code 3601 value R229400
2 are as an independent contractor code 3616 value R514321
From the salaried income I had 1 month with a travel allowance. I currently have computer hardware, travel expenses, a vehicle and it services expenses that I van to deduct against the code 3616 income. I want to know where do I fill in in on the form to deduct expenses I incurred to generate the income earned on code 3616?
How do ...
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Do two owners need to split rental expenses and income in a tax return?
Posted 27 November 2015
My wife and I share a rental property and split costs equally. Are we meant to split these on our tax returns or should we populate only what we each pay from our specific bank accounts? Rental income comes into my bank account and the interest expense comes off it as well.
View Tax Summary
Posted 27 November 2015
I would like to complete my SARS SARS eFiling online without submitting from TaxTim. Reason is I need to delete some stuff and SARS eFiling seems clearer to fill in. 1. How do I view all the figures I have submitted in an easy format?
2. Is there a way to transfer to SARS eFiling, but not submit?
When can I expect the money in my account?
Posted 27 November 2015
I've submitted my tax refund on the 19th Nov and on the 23rd I went back to SARS to fix my banking details. How much time it takes for me to get the money?
Provisional Tax Payer and not a Individual
Posted 27 November 2015
I'm about to do my first tax return, I'm registered as Individual tax payer but have been doing freelance work on an invoice basis. I did not realise that in this case I would need to be registered as a provisional tax payer instead. Am I correct in saying that I should be registered as a provisional tax payer?
How do I proceed from here?
- I should have done two IRP6's and made payments. - Then I should also do a ITR12, which is then only due in January 2016
What do I do regarding the outstanding IRP6's?...
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Rebate on travel allowance
Posted 27 November 2015
How can I calculate what to expect on tax return rebate for travel allowance?
Can a director claim cell phone exp if there's no comm on IRP5?
Posted 27 November 2015
If you are a director of a company but you didn't earn commission on your IRP5, can you claim for cell phone expenses?
Tax overseas return?
Posted 27 November 2015
I worked abroad on a ship for 8 months and want to know if I exempt from paying tax and how do I go about ensuring I am exempt when filing the tax return.
How do I varify banking details for a refund if I no longer live in SA
Posted 27 November 2015
SARS has requested me to varify my banking details for a tax refund, I no longer live in SA and do not have a local address. Is there some other way I can do this, I still have an bank account in SA and I am still a citizen.
UIF benefits, where to capture?
Posted 27 November 2015
Morning Tax Tim,
In 2014 I claimed UIF benefits. Where do I capture this on the ITR12?
Change amount of tax return document already submitted to SARS
Posted 26 November 2015
I have already submitted my tax return for the year 2015, but I want to correct the amount on source code 4006. Can you please assist urgently to correct that. How do I make a correction on TaxTim?
Certificate pre-populated on return that I have not received
Posted 26 November 2015
My previous employer submitted a certificate which I have not received. I am following up with the contact people from previous employer but they cannot trace the certificate. Can I remove the certificate from my tax return, or should I submit the tax return with the certificate reflecting even though I haven't received the certificate?
Tax on interest only, no other income
Posted 26 November 2015
I am a non working wife, married out of community of property. I am not working
I am 55 years old
I have just received R2 000 000. 00 and have invested it in the bank
I receive monthly interest of R10 000 per month, this is my only income. Must I register to pay tax?
What will the monthly tax amount be?
Can wear and tear allowances be claimed on tents used for entertainments purposes?
Posted 26 November 2015
A company bought tents for cover for their rooftop garden, which is used for entertainment purposes. Can wear and tear allowances be claimed thereon and what type of asset would it be classified as per Interpretation Note 47?
Capital gain from trust split between spouse and myself
Posted 26 November 2015
I earn a salary and have an IRP5. This year I have received a capital gain distribution from a trust of which I am a beneficiary of. A property was sold in the Trust and it was decided to split the capital gain between myself and my husband in equal shares. I am not sure how to deal with this on my tax return. I assume that I tick the box that says that a capital gain is applicable - it then asks me to put in the proceeds and base cost etc, but as I only received half the gain I am not too sure ...
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Is inheritance money a Non-Taxable earning? P1 of the ITR12
Posted 26 November 2015
I received inheritance money in the 2015 tax year. On the first page of my SARS SARS eFiling ITR12, there's a question: "Did you receive any income that you consider non-taxable" do I check this box Y?
Claiming a living out allowance
Posted 26 November 2015
I do consulting work from time to time which means that I am away from home for several months at a time. With my past contracts the employment agency has arranged that I receive part of my package as a subsistence allowance which is non taxable. The present agency, however, will only give me a housing allowance instead of a subsistence allowance. I believe a housing allowance is taxable. Is there some other way I can claim my living out expenses from SARS?
Not submitted returns since 2013
Posted 26 November 2015
I lost my job in August 2013 and I did not submit my tax returns. Can I still submit or are there any penalties imposed or is not necessary?
How do I get a Tax recalculation?
Posted 26 November 2015
I erroneously declared company Travelling in my 2015 tax returns, when I have Travelling allowance. How do I rectify this?
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