As a sub-consultant should the company I do work for deduct tax?

  Written by Evan   Posted 30 September 2015

What is the difference between a sole proprietor and sub-consultant. I am a sub-consultant and work on an hourly rate. My income is not the same every month. I use the companies' offices from time to time. I have been a sub-consultant since August 2015. The company deducts tax from my monthly income and will provide me with an IRP5. My question is should they deduct tax?

Can I claim travel expenses without having a travel allowance?

  Written by Evan   Posted 30 September 2015

Can I submit a travel log book with my tax return if I do not have a travel allowance and if my commission is less than 50% of my monthly income?

Client expenses for food as commission earner

  Written by Evan   Posted 30 September 2015

As a commission earner, am I allowed to claim back on client expenses specifically food and coffee. I have kept all receipts where I have taken a client for coffee or lunch. How will SARS judge these?

Income tax on foreign income from UK

  Written by Evan   Posted 29 September 2015

Hi Tim. I work in South Africa but for a UK company. They don't have a company registered here, just a warehouse that I work from. My salary gets paid in US dollars from the UK company so I don't get an IRP5 or PAYE etc deducted.

How do I go about sorting taxes? Do I submit a personal income tax return each year declaring the money I receive and pay the relevant tax on that?

I got my IT statement and it says electronic refund. Should I expect the refund tomorrow?

  Written by Evan   Posted 29 September 2015

Hi Tim

I got my IT statement and it says electronic refund on 30/09/2015 should I expect the refund tomorrow?

Car Deductions on Commission

  Written by Marc   Posted 29 September 2015

Hi Tim, I am a Commission earner and I claim back on my vehicle usage on depreciation and logbook. When I claim back on my car usage, I keep a logbook as well. But my question is, can I claim back on a paid up vehicle? or do I have to still be paying monthly towards finance. Does the finance amount help with increase my tax return from SARS. Eg if im paying R2500 or R2000. Which will yield a higher tax return?

Depreciation for Commission Earner

  Written by Marc   Posted 29 September 2015

Hi TaxTim, I have a lot of questions lined up. I hope its ok. The first one. I am a commission earner and claim back usage of my vehicle for business use. 75%
when calculation deprection over the 5 year straight line method. When does this begin? when I took ownership of the vehicle? or when the vehicle was registered?
2. I bought a vehicle in 2011 and only starting working on commission in 2013. When does my depreciation stop on this vehicle? 2016? or 2018?

VAT on new vehicle for commission earner

  Written by Marc   Posted 29 September 2015

As a Commission earner and using my vehicle for business purposes. Can I claim the VAT back on purchasing a new vehicle?
also what can I claim on the interest portion?

Statement of Tax invoicing

  Written by Evan   Posted 28 September 2015

Hi, I submitted a tax return via SARS eFiling which tax returned an assessment that I owe SARS R2500. Puzzled by this I asked a friend and she advised that I had entered the number of dependents for Medical Aid incorrectly. I filed a correction and SARS now owes me R2700. The statement, however reflects an amount of R200 and reflects the incorrect R2500. Surely that shouldn't count or am I missing something?

I called SARS and was told they focus only on the original assessment. I am ...

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Calculation regarding lump sun withdrawal benefit?

  Written by Evan   Posted 28 September 2015

How does the calculation work regarding lump sum withdrawal benefit (3920) from Sanlam Life Insurance Ltd and is the any deduction on that amount?

NO refund yet

  Written by Evan   Posted 28 September 2015

Good Day

I recently submitted my tax return and have a refund due to me. I emailed SARS and asked how come I have received my refund and they say that I have not submitted my 2011 tax return. I only worked for 4 months in that tax year and earned way below the threshold. Also in previous years they have refunded me without asking me to submit the 2011 tax return. What I would like to know and am afraid of is, if I submit the 2011 tax return now will I not incur penalties and interest?

Can a sales representative claim on car installments?

  Written by Marc   Posted 28 September 2015

I just started a new position as a sales representative, and the car I am currently using is quiet old. As I will be travelling a lot to see clients I would like to buy a new reliable car. Would I be able to make a claim on the monthly installments for this new car, as it will be used mainly for work? If so, what percentage can I claim?

SHOULD I BE EVEN PAYING TAXES?

  Written by Marc   Posted 28 September 2015

I lost my job 5 years ago, but I get part time work now and then. I have just filed for this year and average about R15k for the year. But am now being made to panic saying I earned too low and SARS will question this. But what are you supposed to do if that is what you got. I see that you mention we should only pay taxes when we earn a certain amount per year, however the part time work I do never gets me that high, BUT the company I do the work for is an NPO and stated they by law have to take 25% from me each time I earn from them. Yes, I claim it back, but what is the point if now you get questioned for earning too little as well? Should I be getting taxed at all?...

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When will money show into my account

  Written by Marc   Posted 27 September 2015

SARS owes me money

How do I dispute an Additional Assessment issued by SARS that is not correct?

  Written by Marc   Posted 27 September 2015

Hi Tax Tim

I am very pleased with the work that you are doing here. Keep up the great work!!!

I submitted my tax return to SARS about a month ago and they selected me for verification/an audit because I had a refund payable to me. I submitted all the documentation they required (logbook, receipts etc), but they have recently responded with an addditional assessment stating that I owe them money - which cant be the case, as I am a 100% commission earner (with no basic salary) and I dont have a tax directive...

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Request for Supporting Documents but I have not been employed for 3 years

  Written by Marc   Posted 27 September 2015

SARS is asking for supporting documents related to my tax return but I have been unemployed and living abroad for three years! I don't have any of the documents they are requesting. I still pay provisional tax and submit that tax return dutifully. I read that I must swear an affidavit at a police station but I am currently not in the country and won't be back for several months - they need these supporting documents in 21 days. What must I do? (I did email them, asking them what to do, but they ...

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ITA34- Gives 0.00 as Net amouny payable but tax calculation result is "-18K".

  Written by Marc   Posted 27 September 2015

I submitted tax return (ITR12) for year 2013-2014 via SARS SARS eFiling and calculator shows that amount is -18K. But
ITA34 Notice of Assessment show "0" amount as net payable. What does this mean because I should be expecting 18K refund as per tax calculation pdf generated. Why ITA34 says "Net amount payable under this assessment after allowable credits
Compliance information:0. 00"???? Please help me to understand this.

My total taxable return is higher than normal, am I being punished for bonuses received this year?

  Written by Marc   Posted 25 September 2015

Hi Tim, I have recently completed my tax return. I received a first assessment that said I owed SARS 7630 but I was selected for verification. After the verification process, I received another assessment that reflected R0 amount. But it appears I still owe the initial 7630. Firstly, I don't understand the different conclusions reached in the two assessments and why the first one appears to hold still. Second, my total taxable income for the year being assessed is unusual in the sense that it in...

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What is an IRP5 from my employer?

  Written by Marc   Posted 24 September 2015

What is a IRP5 and who can claim the money from SARS?

Can I claim a fixed cost travel deduction if I receive a reimbursive travel allowance?

  Written by Marc   Posted 24 September 2015

I am needing to do tax returns going back to 2010!! If I received a reimbursive travel allowance (reflected under code 3702 on my IRP5), can I claim a travel deduction based on the fixed cost method?

SARS refunds and monetary gifts

  Written by Marc   Posted 24 September 2015

Do monetary gifts and my SARS tax refund count as income received?

Audit

  Written by Marc   Posted 24 September 2015

Hi Tim... I was flagged for an audit and SARS also phoned for alternative documents. I have 2 questions. One is... SARS office says that after the email was send to the bookkeepers notifying us of the " audit" it takes 30-90 days to complete and that they are not allowed to take any longer than that. How true is this and two.... Based on what evidence can SARS refuse to pay out your refund to you? I have been submitting my tax return for the last 7 years now, always got my money within 2 weeks ...

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PAYE on retrenchment.

  Written by Marc   Posted 23 September 2015

Do you deduct PAYE when an employee is being offered a retrenchment package.

Can Tax Tim help a 100% commission earner

  Written by Marc   Posted 23 September 2015

Will Tax Tim be able to assist me if I am a 100% commission earner and have many different expenses that I should be deducting or should I rather go to a tax practitioner?

Filing past tax returns ?

  Written by Marc   Posted 23 September 2015

How do I file my past tax return on eFiling from 2012?

I began working in January 2012, would I still be liable to file for a tax return for the period Jan 2012 - 28 Feb 2012???

Please advise?
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