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Salary / IRP5 Posts in Tax Q&A

How to create own profile on e-filing and request profile from Tax practitioner

  Written by Evan  

How do I register for SARS eFiling if a tax practitioner has me on her profile? I would like to do my own taxes as from next year. She advised me to create my own profile and then request my profile from her.

Response from SARS however:

"We were not able to match the captured information against that which we have on record for you. Please confirm your information, recapture your password and then select the 'Continue with Registration' button below to proceed with the re...



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Extension for submission

  Written by Evan  

When is cut off for SARS efiling and the easiest way to apply for an extension?

When must I pay income tax?

  Written by Marc  

Hi. I started helping people in gardens doing gardening jobs 4 years ago. It was very still in the beginning doing about 8 jobs a month and just surviving. I now have more clients and want to know if I must register a company and what about the previous years of earning something. Must I pay a penalty.

This is my first time to submit my tax return

  Written by Marc  

I have never submitted a tax return before, will I be penalised for this

Are penalties incurred for late payment to the Municipality vatable?

  Written by Evan  

I would like to know whether late payment of license disks for company cars and the related fines and penalties are vatable, that is, can you claim input tax on the penalties and fines incurred to the traffic department?

Depreciation for commission earner 2015

  Written by Marc  

As a commission earner, calculation depreciation. I use 2 vehicles for both personal and business. Would I calculate depreciation as price of vehicle / 5?
or would I factor % of business?

CAPITAL GAIN TAX ON A HOUSE

  Written by Marc  

As a private taxpayer, you letting out a house of yours for 7 years. Then you decide to live in the house yourself ( I believe the house then becomes you primary residence. ). For example, after 2,3 or even 7 years,you decide to sell the residence. With Capital gain tax in mind,do SARS handle it as normal CGT on a primary residence or because that you have letting it out, is there a special formula when culculate your liability for CGT on the house. I own more tha n one house..

How to catch up on outstanding returns when I have no income and expenditure records

  Written by Marc  

I resigned from my job in 2010 and took my pension to buy a small business, which I ran as a sole proprietor for 2. 5 years. During this time, I did not submit a tax return, as I wasn't sure how to do it. Also, I was not making much profit and more or less came out even at the end of every month. I then passed the business on to my son-in-law and started working again in 2013. All the income and expenditure info relating to the business was contained on a laptop, which subsequently crashed, so I...



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Collect another person's printout of tax number

  Written by Marc  

Am I allowed to go collect printout of tax number for my sister? She has already register she wants it to apply for a job

Registering as a freelance tax payer

  Written by Marc  

Hi there, I have been working from home for a couple of months now for a company I used to work in-house full time for. Better explained - I now work on a freelance basis for the same company but I get a weekly salary, the same each week and its on-going. I had the understanding that my tax was being deducted off my salary, that the company was taking care of this. I recently realised that this is not the case and I should have registered as a freelance practitioner and taken care of my own tax....



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How do I know if sars still owes me money

  Written by Marc  

Hi, I am not working at the moment have been unemployed since 2014 March, would like to know if there is anything that I should submit since I was last employed at FNB in March 2014 when I received my pension, According to me the banks and SARS are usually accurate when it comes to deducting the tax from bank employees but I do not want any surprises. How can I find out whether SARS owes me or I owe them anything,the last letter I got said that I was being penelised,How can this be if im not eve...



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Resigned and Provident fund pay out

  Written by Marc  

I resigned from my old company August 2014 and continued working as a temp until March 2015, when I started working at my new company. My Provident fund was also paid out in October 2014. Will I need help to complete my tax return now?

Does money for food etc from your parents need to be declared with SARS?

  Written by Marc  

If I earned money from one company from July 2014 to February 2015, and received money from my parents to buy food etc during university from March 2014 to June 2014, do I need to submit a tax return for the 2014/2015 financial year?

Why can't I sign in for a tax certificate?

  Written by Marc  

Why can't I create an account when I sign in to my medical aid. I am trying to get a tax certificate. Every time I put in my membership number I get the message that the code is invalid.

What is going on with my tax return

  Written by Marc  

I did my tax but since, I received nothing from SARS how can I found out what is going on.

How long does take to receive your refund after 30 days audit process is completed

  Written by Marc  

Hi My mother submitted her tax returns in August she was selected for an audit on her 2014 tax returns which the statement of account issued has 21 000 she submitted all her required docs but nothing has happened since then. And to make matters even worse she never received a letter stating she is selected for an audit. So how long does the audit process take and is there something we can do to speed up the process

Still waiting for my payout

  Written by Evan  

I returned my IRP5 forms early September 2015 but have not received the amount due to me. When do I get paid?

Cost of rental income tax seems too high

  Written by Marc  

I have declared rental income of a rental income profit of R17445. But SARS are telling me my rental income sent me into another tax bracket and I therefore owe R20308. This seems wrong to me - surely the extra income that is in the new tax bracket should be subject to more tax but I should never make a "loss" by earning more?

Expenses with no income

  Written by Evan  

I started working part time in Feb, but the company I do work for only pays me in March for Feb work... Do I state as such on my tax return, so my 2015 tax return will include expenses with no income?

Changed jobs and used current IRP5 to file for tax

  Written by Marc  

Hi. I changed jobs last year having worked in the other job until August and started the new job in September, which means I have 2 IRP5 forms. But when I filed for tax the assistant only used the form from the new employer. Is that correct? Does that not give a flawed assessment of the tax returns? Aren't they supposed to enter information from both IRP5 forms? Its puzzling especially when the job change impacted my PAYE significantly.

Gross salary IRP5 code?

  Written by Marc  

When you ask in the Income Tax Calculator "Your gross salary is the entire amount, including all benefits, that your boss pays you. " What code should I be looking for on my IRP5?

Does that mean I have to pay SARS?

  Written by Marc  

Type of assessment :original amount R6270. 39 DUE TO YOU,TAX PERIOD 2012 AND SELECTED FOR AUDIT:N IS THAT MEANS I HAVE TO PAY SARS?

Prescription period for UIF payments to government

  Written by Marc  

What is the prescription period for outstanding UIF payments to the UIF Commissioner?

Who qualifies for a tax refund from SARS?

  Written by Marc  

Hi,who can claim for a tax return? I was working at the hotel for quite sometime but how do I know if I was registered and should claim or not

Vehicle Purchased For Business and Personal

  Written by Marc  

I recently purchased a car cash for business and personal use. The amount paid was R103,000. How can I go about claiming a portion thereof as a tax deductible expense if I also use it for my business?
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