Can I claim tax on Co vehicle and fuel where I do not have a travel allowance?

  Written by Marc   Posted 23 June 2015

Hi TaxTim, I work as a vehicle sales executive, which means I have a company vehicle which I use for both business and personal use. I did keep a log book. On my payslip it is reflected under "taxable perks". "I also paid Vat on Co car" which is showed on my payslip under deductions. I also had a fuel allowance but that is not reflected on my payslip because the company I worked for owns a fuel station and we had "fuel tags". The vehicle was not maintained by me, but I just want to find out if I...

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Tax back on buying property cash?

  Written by Marc   Posted 23 June 2015

Hi I got a pension payout when being divorced, it was taxed before payout, I bought a house cash, will I be able to get something back, I am not working.

Fyling tax for working on comission only

  Written by Marc   Posted 23 June 2015

I am a locum at a private occupational therapy practice!! I am 28 years old and only working for commission!!!! My employee did not register me for tax so I will not receice an IRP5 form but will have to work out my tax on my own!! I have kept all the devices from income for. Each patient that I saw as. Well as. The proof of. Payment into my bank account that was made as the clients made the payments!! It. Is difficult to. Determine a set. Montly income as sometimes the clients will pay a month ...

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Info for pay arrangements with SARS?

  Written by Marc   Posted 23 June 2015

What must I take with me when I want to make payment arrangements with SARS?

Rebate for prepaid electricity

  Written by Marc   Posted 23 June 2015

I am a tenant and I prepaid electrictity can I claim

Rental income, less deductions less than cap, must I register for Provisional Tax

  Written by Marc   Posted 23 June 2015

I receive a salary and I recently started renting out my flat (which I resided in as primary residence, until September 2014, rented out since October 2014). I received a Rental income of R40000 for the 2014-15 tax year, the property is still under bond and there was maintenance costs etc. . Which means im still making a "loss" . (i. E. Rental Income of R40000, deductions of R50000, nett -R10000)

1. Must I still register for Provisional Tax?
2. If 1, am I late for Feb, Aug Provisional tax payment deadlines?...

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Am I due for a refund for the tax deducted from income less than the tax threshold?

  Written by Marc   Posted 23 June 2015

My annual income was R65 500 and total tax was roughly R4900. Am I due for a refund?

Will I get a tax refund or am I paying the correct amount?

  Written by Marc   Posted 23 June 2015

I basically earn R6500 p/m. Usually my PAYE is 220 a month. I don't how it is calculated. Is it the correct amount that is deducted. Will I get a tax refund?

When can I send my docs?

  Written by Marc   Posted 23 June 2015

I have purchased the TaxTim Lite option and I have received my IRP5 from my employer as well as for my RA. When do I send these documents to you?

IRP6 / ITR14

  Written by Marc   Posted 23 June 2015

I have a June Year end. We have submitted an IRP6 for December 2014(6 months after year end). Second provisional payment, needs to be completed before year end(correct??) Which is before 31-06-2015? Once this is completed. . . Audit takes place for 2015. Once signed AFS for June 2015 have been received - a ITR14 can now be completed - is this correct? Appreciate your help!!!

Waiting for tax refund from SARS?

  Written by Marc   Posted 23 June 2015

I am still waiting on my tax refund my statement shows amount refundable after allowable tax credit is -R2113,78 that was the last statement I received on the 5th September 2014

Claiming medical money from SARS?

  Written by Marc   Posted 23 June 2015

My medical certificate says I have 12000 to claim will I get this money from SARS when I claim.

Tax refund - do I qualify?

  Written by Marc   Posted 23 June 2015

I worked for one company and changed to another in January. My income from 3/2014 to 12/2014 was R69500 and 1/2015-2/2015 R37440. How much tax should I have paid?

Medical aid waiting period - will SARS pay back payments made?

  Written by Marc   Posted 23 June 2015

I changed medical aid schemes at the end of December 2014 from Sizwe to Discovery. I had a 3 month waiting period where I still had to pay our contributions (my employer too), but I enjoyed no benefits in January and February 2015. Will I get something back from SARS for this?

IRP5 from previous employer - do I need to submit a tax return?

  Written by Marc   Posted 23 June 2015

Between January 2014-September 2014 I used to earn R3750 a month at my previous employer, no tax was deducted. At my new place of employment, I earn R8500 per month and tax is deducted. Do I still need to submit a tax return? My old employer told me that there was no need for me to give them my tax reference number even though I was registered with SARS. Do I still qualify for an IRP5 from my previous employer>

Tax eFiling Assistance Required

  Written by Marc   Posted 23 June 2015

I want to file my return for assessment year 2014 and 2015 both. I have IRP5 file available to me provided by my employer. Please let me know how can you help me as I have some other Tax questions as well.

What Gross earnings/profit does the business have to earn before being laible for tax?

  Written by Marc   Posted 23 June 2015

What is the tax threshold for a business? What Gross earnings/profit does the business have to earn before being laible for tax?

Tax on leave payout and which law governs the tax deducted

  Written by Marc   Posted 23 June 2015

What amount should you get taxed on for leave payout if it is paid out separately and not with your monthly salary? Is it suppose to be taxed as a lump sum using code 3605? What law governs the tax deducted for this? would it be a SARS law or a LRA law? Please advise

Do I need to submit tax return, back in 2013 if I earned well below the threshold?

  Written by Marc   Posted 23 June 2015

I've recently submitted my 2015 tax return with Tax Tim. After phoning SARS - they mentioned that my 2013 tax return was outstanding. I only worked for three months of that financial year and accrued an income of WELL BELOW the threshold. Do I need to submit this tax return? Will I get penalized?

What papers do I need if I worked abroad and want to submit my tax?

  Written by Marc   Posted 23 June 2015

What documents do I need to submit my tax return if I worked abroad

Total tax

  Written by Marc   Posted 23 June 2015

How much is my tax

Can my retirement annuity and charity contributions paid by my spouse be claimed by my spouse

  Written by Marc   Posted 23 June 2015

Unemployed for past financial year and spouse paid my retirement annuity contributions and donations . Can he claim my retirement annuity contributions and donations against my spouses tax

No tax income ductions, do I get tax return?

  Written by Marc   Posted 23 June 2015

I am not a income taxpayer but I want to know, do I get tax return money?

Completion of tax assessment to SARS?

  Written by Marc   Posted 23 June 2015

Can you please complete my tax assessments for the years 2014/15 and 2015/16? Can you please indicate the price you will charge me?

Balance on assessed account R11288.68

  Written by Marc   Posted 23 June 2015

What is the meaning of - The current balance on your assessed account is R11288. 68.
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