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Latest Posts in Tax Q&A

Can I use my personal car for work and ask for a travel allowance?

  Written by Nicci  

Can you use your own car (double cab ) for your work ( not your business) and ask for a travel allowance?

Capital gains tax on primary residence

  Written by Nicci  

I want to proceed with Tax Tim to complete my tax return for 2015 as it seems I have a penalty of R 1215. My question is, my tax practitioner did not complete my last tax return and I have managed to gain control of my SARS eFiling and changed my status from a Provisional Tax Payer to Ordinary Tax Payer, do I submit my tax return as a Provisional or Personal Tax Payer. I did not work in 2015, sold my jointly owned property in JHB, moved to CT and bought another property from the proceeds. I have...



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How long should the audit verification take?

  Written by Nicci  

Submitted verification documents for 2015 tax return on 9 January 2016. No completion letter or anything further from SARS since then. I understood that the verification process should be completed within 21 working days? In previous years, refund was normally finalised and paid by end January.

Special block on tax refund

  Written by Nicci  

I would like to know is its unusual for SARS to take more then a year to pay out tax refund? And how common is it that after the payout into my bank account does SARS recall the payout?

Outstanding tax returns and arrears for commission earner

  Written by Nicci  

I have outstanding tax returns for 2012/2014/2015 and the subsequent penalties outstanding PLUS an arrears amount of just short of R20 000. I am registered for e-filing but find expenses I can claim for and their relevant codes very confusing so have saved the tax returns without any expenses claimed. I am a commission only earner in property sales and have IRP5's for the relevant periods. I have not kept a log book for petrol and kms but have slips for petrol, car expenses, data costs, client ...



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Is goodwill always capital in nature?

  Written by Nicci  

Is goodwill always capital in nature?

Tax on commission paid to 3rd party

  Written by Nicci  

We for example pay a 3rd party whom can either be a business or individual an incentive/commission to generate more business. So for example, if I go to a dealership and ask them that if they sell a car and they use our product with the car they sell, I will give them R200 per deal they do as an incentive/commission. So they are not employed by us. Do we need to tax them first? Or do they just need to send us an invoice or what is the correct process to follow? Thank you!

I require information on turnover tax requirements.

  Written by Nicci  

I am starting a small business and was looking at turnover tax as an option. The manual turnover will be under 300k. Do I need to register or is it only a requirement if you are earning over the allowed amount. Is turnover tax after expenses or on the total amount paid into the company bank account.

What is my tax refund?

  Written by Nicci  

What is my tax refund amount?

PAYE penalty calculation

  Written by Nicci  

How do I calculate interest on penalty for PAYE? the amount is R1,856.18 and it is 2 days late.

How can I get my tax number from SARS?

  Written by Marc  

I'm not sure if I am registered for tax therefore I don't know my tax number, how do I make sure that I am registered so that I can get a tax number?

Retirement fund payout question

  Written by Marc  

I have received a payment for a retirement claim from my retirement company. I want to confirm if the tax I have paid is correct. The payout is reflected under code 3915 and 3698 on my IRP5. The tax is reflected under code 4115 as PAYE. When I submit my annual tax return- will I be expected to pay in an amount as additional tax?

The current calculated tax amount (which was withheld from payment) was very low. So my question is - is that low tax correct- and would I be expected to pay ...



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Payable tax if you did not work for the entire financial year.

  Written by Marc  

In the event that a person only worked for half of a financial year, should he or she fall to a lower tax bracket if you look at the total yearly income? So lets say I earn 30000 rand per month, but I only worked for three months in the financial year, should I still pay the same amount of tax as a person who earned 30000 rand per month for a whole year? or how does it work for people that didn't work the entire year?

How do I get my login details for efiling?

  Written by Nicci  

How do I get my login details for SARS eFiling?

Helping an old lady

  Written by Marc  

Does a 91 year old widow whose only income is R7200pm from an Old Mutual investment have to submit a tax return? I remember hearing that some people no longer have to submit tax returns and an old friend is not sure whether her tax consultant is doing anything.

Receiving funds from abroad - tax implications?

  Written by Marc  

What is the tax implications of receiving funds from abroad as a genuine gift? Is there a cut off amount, before SARS considers it to be a proper income, of which I would need to pay tax?

MInor - tax liabilities

  Written by Marc  

If I need to register my child (minor) for tax due to interest and or CGT earned from their investment - do I register them as a provisional tax payer or as an individual tax payer? If my child earns less than R 75,000 through interest/CGT do I still need to register them for tax even though they have no tax liability?

The pricing on your website for individual tax - would assume that this is per tax submission?

How to cancel provisional taxpayer registration?

  Written by Nicci  

How can I deregister as a provisional taxpayer. I was erroneously registered.

Can I get money back from sars

  Written by Marc  

I am paying 515. 25 tax every month my Taxable earnings standing now on 99037. 00 can I get money back from SARS

Register tax

  Written by Marc  

My daughter earns R350. 00 a week. Must she register and pay tax?

How much petrol and electricity expenses am I allowed to allocated from my business account

  Written by Marc  

If have a PTY ltd running a laser cutting business with 2 directors. Petrol and electricity usage is currently paid our of my business.

Return from SARS for tax paid

  Written by Marc  

Hi. IF I Was not working for 7 months will I get any money from SARS.

I paid too much tax and need clarity?

  Written by Marc  

If I earn 6500 on a monthly bases why has may tax deduction been over a R1000 during the months of Jan and Feb 2016

When do I file return?

  Written by Marc  

Hi, I'm trying to figure out when I need to submit my first tax return. I moved to South Africa on 30th January 2015 and started working on 9th February 2015. No other income other than salary from employer. When is my first tax return due please?

Foreign income

  Written by Nicci  

I am resident in SA for tax purposes I am working in Mozambique and paying 20% tax for non residents. I will be out SA in excess of 183 days. Is this income exempt and will I be able to claim any of the tax paid.
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