Home office expenses

  Written by Marc   Posted 15 October 2015

I work from home - I have an office and photographic studio, so am trying to work out what I can claim as household expenses. We no longer owe money on our bond, so it seems like I can't claim anything there. I understand I can claim a portion of rates, water and electricity. Can I also claim a portion of the homeowners insurance and the security (armed response) costs?

How long should it take when an assessment is escalated?

  Written by Marc   Posted 15 October 2015

I have submitted my tax return via SARS eFiling on the 2nd July 2015 but I am yet to receive my tax refund. Its been 3 months and additional documents submitted. My assessment was selected for the audit and they requested documents which I gave them. It was later escalated but nothing happened. It is currently escalated again and no feedback. What can a man do?

After audit is done and not calculations were changed by SARS how long before refund is done?

  Written by Marc   Posted 15 October 2015

Good morning, my dad is 81 and his docs were requested for an audit which we uploaded via eFiling. We received notification that his tax has been finalized and no adjustments to the calculations were made. This was already in the middle of September. We have not had any further correspondence and the R824. 00 rand have not yet been refunded to him. Is there something I must do? Does these refunds take a long time to be paid over?

Are there issues with turnaround times and risk of SARS breaching them?

  Written by Marc   Posted 15 October 2015

My tax return was singled out for verification. I submitted all supporting documentation on the 14th September 2015. I am now sitting on 23 working days and have heard nothing from SARS. Are there issues with their turnaround times this year and also, does the 30 days imply that my refund will also be issued within this timeframe?

How do I apportion the depreciation?

  Written by Marc   Posted 15 October 2015

Good day. I have a cell phone worth 5400. I use it 80% for business and 20% personal use. Will my deduction be the full 5400 because its under 7000 or 5400*80%?

thank you in advance

My ITSA shows minus and not selected for audit but they requested supporting docs Return-Assessed

  Written by Marc   Posted 15 October 2015

Hi filed my tax reurn on 13/10/2015 got my ITA34 says SARS owes me and not selected for audit. Than on 14th I requested a statement of account showed electronic refund will be paid 15/10/2014 but later in evening of 14th got request to submit supporting docs. And ITSA still shows a minus and not selected for audit but shows that they reversed the electronic transfer for 15th and balance is still minus. And my tax return status shows Return- Asssed. I submited supporting docs 15/10/2015. Will I still get my refund? or am I in the Audit process. Thanks...

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Want to know hom tax will be deducted if I resign

  Written by Marc   Posted 15 October 2015

My pension is the amount of 90983045

Can a director of a company claim home office expenses?

  Written by Marc   Posted 15 October 2015

Can a director of a company claim home office expenses?
My hubby often works after hours, does skype meetings and host meetings at our house
Study is a dedicated room

Agent fees and tax declaration

  Written by Marc   Posted 15 October 2015

If you receive income via an agent which has not been taxed, what is the income declared? Eg: I get paid R10 000 for a job. The agent takes R2000. Do I declare R10 000 or R8000 as income earned?
Also, what proof do I have to show this if audited?

Office costs as free-lance journalist working from home

  Written by Evan   Posted 14 October 2015

If I am working from home as a free-lance journalist, can I claim office expenses like paper, ink, internet and cell phone costs and if so, where do I claim these under?

Tax-deductable items

  Written by Evan   Posted 14 October 2015

I have recently starting working from home as a free-lance food journalist. I had to purchase office and kitchen equipment to use to do my job. How do I claim these as expenses? Do I claim the full amounts (If the items cost less than R7000 each) under deductions/depreciation? Or must I use the calculator to work out the percentage and then deduct that amount each year?

Two medical aids

  Written by Marc   Posted 14 October 2015

For the first four months of the tax year I belonged to a full medical aid deducted from my salary as part of cost to company. After that I was retrenched and joined a medical aid fund on my own. It is a hospital plan and not a full medical aid - does this still get filled in as a medical aid on the tax form (even though it is just a hospital plan)? If so, would I add the two amounts together to fill in as my medical aid deduction on the tax return or or they separate? - I know the work one has ...

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Calculation of travelling & depreciation

  Written by Marc   Posted 14 October 2015

Commission earner - Please inform me how to calculate the following:
# travel expenses with a log book
# without a log book - expenses incurred are as follows: fuel, toll, maintenance, license
# depreciation of a motor vehicle

Tax-deductable items like laptop or car

  Written by Evan   Posted 13 October 2015

If you use items like a laptop or car for work purposes and want to claim depreciation value back from SARS, does the item need to be new or for how many years can you claim the value back?

Are overseas gifts from children classified as an income?

  Written by Marc   Posted 13 October 2015

One of our children, who is working overseas, has recently being sending my wife and I (we are 63 years old) money each month to help with our expenses. Once this overseas money clears the Bank, this financial assistance works out approx. To R25,000 to R40,000 per month (in one instance, an amount was ALSO included for our grandson's annual school fee: R64,000 ) and this works out to approx. R364,000 per annum). We have indicated to the Bank that each of these amounts is being received as a gift...

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Non medical aid claims

  Written by Marc   Posted 13 October 2015

How are medical claims to be handled for a taxpayer who does not contribute to a medical fund?

Medical costs that medical aid didn't pay for?

  Written by Marc   Posted 13 October 2015

I have R5200 worth of medical expenses to claim for. Will I get any of it back?

Why did I get tax deducted when I employed for 1 month

  Written by Marc   Posted 13 October 2015

I want to understand how do I get my tax deducted if I was on a 1 month contract that they did not renew

Claims for home office expenses

  Written by Marc   Posted 13 October 2015

I am a salaried employee of a large corporate company, but I also earn commission from a part-time business, for which I have a dedicated office at home. This commission is paid into my bank account and I receive an IRP5 for it. Am I allowed to claim expenses like telephone, stationary, renovations in the home office, catering expenses, etc?

How long for money into my account from SARS as my refund?

  Written by Marc   Posted 12 October 2015

Hi my accountant rang me fri to let me know he's asked for money to be paid into my account as everything is finalised how long does it take please?

Full-time student, earn below tax bracket can I be taxed 25% per promotion job?

  Written by Marc   Posted 12 October 2015

Hi TaxTim,
I am a full-time student and work for a company during my free time where I do odd promotions in a month. I am earning below the tax bracket and I am being taxed 25%. I get taxed on jobs where I earn R350, R500, and R800. My question is should I be taxed even though I am way below the tax bracket? And how does it work with the tax if I do not have a tax number and the company have deducted tax but have not given pay slips yet? Can I be exempt from paying tax on a R350? What happ...

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Do I get anything for contributing on tax?

  Written by Marc   Posted 12 October 2015

I Have been working for the company on contract and my monthly salary was 10. 000 and I have been paying 700 tax every month and now the company is terminating my contract will I be getting anything from SARS? or I will only get UIF?

My medical aid is only deducted after PAYE. (i.e. Income - PAYE) = x less medical aid

  Written by Marc   Posted 12 October 2015

My company insist that their calculations are correct. They only deduct my medical aid contribution after PAYE. As a result instead of my deduction being R10 000 to R11 000 odd I end up with at least R15000 plus deductions. Then they are adamant that when I do my tax returns I should get all that is due to me which is not true.

Earn commission apart from full time job, what are the tax implications?

  Written by Marc   Posted 12 October 2015

I am earning commission on sales from selling an appliance. This income I earn on a part time basis apart from my full time job. What will the tax implications be on such an income, the commission varies from month to month? How do I go about paying this?

RAF conversion - might flag risk and SARS might want tax on it as they might think it is paid out

  Written by Marc   Posted 12 October 2015

I claimed RAF deductions of about R9000 last year but this year it is only R850 because I took an authorised premium payment holiday allowed by Sanlam. I also converted my RAF's to a new generation RAF platform, so they are were never paid out but I am very worried that SARS will think that the RAF's were paid out and want to tax them - what should I do?
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