How do I de-register for Provisional tax?

Posted 6 April 2016

I am a registered provisional taxpayer from when I earned other income than my salary. I now only have a salary income. Nothing else. How do I deregister for provisional tax purposes?

Sole trader tax information

Posted 6 April 2016

How do I find out what receipts I should keep now that I want to operate as a sole trader and what should be declared as is tax deductible?

Travel claim against commission income /vehicle claims

Posted 6 April 2016

Can you claim depreciation as well as finance charges on a travel claim against commission income?

Tax when working for different employers / independent contractor

Posted 6 April 2016

I am about to start 2 different half day jobs. In the morning I work for an organisation and in the afternoon I work for an individual. Should I expect the individual I work for to deduct PAYE or should I put it the PAYE amount away and pay it as personal income tax?

Unsure of the difference between tax no and vat no for my company

Posted 6 April 2016

Ive been issued a tax reference number for income tax for my newly registered company. I'm not sure what it is. It starts with 907---

How is retirement fund lump sum withdrawal benefit calculated

Posted 6 April 2016

How is lumpsum code 3920 calculated

How do I claim Withholding Tax back?

Posted 5 April 2016

Hi, we get charged withholding tax from Botswana. We have the withholding tax certificates issued from BURS Botswana Unified Revenue Service, but how or where do we claim this back on our IRP6 form.

Tax number requested

Posted 5 April 2016

Can you send me a tax number via email if I lost one

How to submit an oustanding return when you don't have an IRP5 and cannot find the employer?

Posted 5 April 2016

What do you do if you have an outstanding SARS tax return for 2011 if you do not have an IRP5 for that tax year since the company you were working for cannot be found/traced? I was working on a contract basis and do not recall ever receiving an IRP5 for that year. I have submitted tax returns before and was never made aware of any outstanding tax returns. Only now that SARS needs to pay me money back do they mention that there is an outstanding tax return for 2011. How does there system work? I ...

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Are you taxed on medical benefits from employer?

Posted 5 April 2016

1. I would like to know if the medical aid contribution benefit from the employer is also taxable?
2. Are you taxed on salary or total earnings?
3. When does the tax period start and end?

How much tax am I going to pay on foreign income?

Posted 5 April 2016

I am earning a monthly income from being a virtual assistant for a company based in the US and earning dollars. It is paid via PayPal and drawn through my bank. This is a second income, not my main form of income. It is part-time work. How much tax am I going to pay?

Must commission earners register for provisional tax?

Posted 5 April 2016

Hi Tim,
I earn a basic salary and a commission. The total commission earned is more than 50% of my total earnings. Do I need to register for provisional tax?

How do i answer the marital status question on SARS eFiling?

Posted 5 April 2016

I got married in Dec 2015, but haven't managed to get a gap to go to Home Affairs to apply for a new ID book/card. This company where I freelance at don't even know that I got married. I tried to tell human resources,
late last year, but the woman said I can just provide them with copy of my new identity document, when I eventually get one. So now, WHAT do you suggest I DO when I log onto SARS e-filing,
Must I click the unmarried box? Or the married box?

Employee tax - earning R 6773.76 per month

Posted 5 April 2016

I have recently employed 8 people, who each earn R5376 basic salary R 1397. 76 overtime allowance per month. When I enter these figures on the payroll system that I'm using, tax is calculated at R 94. 28.... I'm confused - Is this correct? I thought only people earning above R120 000 pa pay tax?

Submission of late Provisional Tax returns

Posted 5 April 2016

I received rental income in 2016 tax year, but didn't pay provisional tax. On my ITA34 I am not registered for Provisional tax, but on my SOA, requested one day later, it states that I am registered for Provisional Tax. What are my options now in order to pay the minimal penalties/interest? Do I rather not submit the late IPR6 tax returns and only specify the rental income when I submit my next Income Tax Return?
Also, how does the fact that I am married in community of property influence ...

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SARS mistake or are refunds done per assessment

Posted 5 April 2016

I was audited and asked to submit supporting docs for logbooks, vehicle ownership/invoices and medical expenses. My assessment was calculated at R49k refund initially. When submitting medical exp I realized I had entered some expenses incorrectly so made changes to the ITR12. This resulted in a refund of R58k. In the new assessment SARS deducted the R49k under source code 4102 in the line "Previous Assessment Results", with net refund of R9k. Will my refund be both assessments ie R59k or are the...

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What percentage is sdl calculated on?

Posted 5 April 2016

What percentage is sdl calculated on?

tax amount payable

Posted 5 April 2016

I am student currently doing my practicals,i am earning R6000 a month. They have deducted R1781. 25 from my salary. I want to know if is this the right amount that I need to pay?

If I have a voluntary RA of R1500 per month, what will my tax refund be

Posted 5 April 2016

If I have a voluntary RA of R1500 per month, how much do I get back?

How do I obtain an ITA34?

Posted 5 April 2016

I need an ITA34 for the last two years for bond application, however, I've not submitted any tax returns due to the fact that I don't fall in the category for submission. How long will this take and is it now a complicated matter?

What is the PAYE on my salary?

Posted 4 April 2016

Tax payer is turning 65 during 2017 tax year end. Employer pays 3% provident fund and employee pays 6% per month. Employer pays 50% of medical aid, employee pays 50%. Cash component is R35,500, provident is R2,136, paid and R1,068 by employer. Medical aid is R3,918 each way. Need to know what tax to be paid per month?

Can I claim from a pension fund that was taxed?

Posted 4 April 2016

I have resigned in 2015 February - am l entitled to claim tax refund on my pension money that was taxed?

Net pay determination

Posted 4 April 2016

If I have a R3000 petrol allowance added to my salary, will the provident fund contribution be deducted as well, e. G. If on 10% contribution, then the net income before tax will be R2700?

Section 10(1)o - Any 12 month period

Posted 4 April 2016

I started a job out of SA on 1 August 2014 and traveled regularly from SA to my place of work out of SA on rotation up until the end of the job on 29 February 2016. For the 12 month period 1 Aug 2014 - 31 July 2015 I exceeded the 183 and 60 day requirements. I therefore claimed my tax exemption on my 2015 tax return (for the income earned during Aug 2014 - Feb 2015). For the period 1 August 2015 to 29 February 2016 I exceeded the 60 day requirement but not the 183 days. However, if I calculate 1...

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How much does an R8000 monthly earner have to be taxed?

Posted 4 April 2016

Morning, in March I was taxed R1600 according to my payslip. I still do not understand why I was taxed so much. I earn R8000 a month & I get paid on the 25th of everything.
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