Offshore Tax working for SA company

Posted 28 January 2015

I work offshore for a SA company and as such have monthly tax deductions. I have been out the country for more than 183 days of which 105 days were consecutive. Do I qualify for tax exemption and able to claim my tax back?

IT88 definition?

Posted 28 January 2015

Please give the definition of IT88 and how it arises?

Tax refund on inheritance

Posted 28 January 2015

My partner inherited some money (from policies and investments) over the last financial year and paid a lot of tax on the payments. My question is, because he is not employed, can he claim any of the tax back?

Tax refund for medical expenses paid from my own pocket?

Posted 27 January 2015

My husband pays the medical aid contribuions but I have paid 107000 to medical practitioners for operations that I have had in 2014 how much would I be able to claim on my tax return I have all the proof of payments made

S10(1)(o)(ii) - does all the time out of SA need to be spent actually working?

Posted 25 January 2015

I am a freelancer, and last year I spent 248 days out of SA, in three blocks (including one block of more than 60 days). During some of this time out of the country, I did some contract work - two jobs for two different foreign companies, and one job for a South African company. But I spent much of the time not actually working, but travelling/holidaying. Of the 248 days, only 97 were spent on work contracts. So I just want to clarify whether the income I earned on those three contract jobs is t...

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Is it mandatory to file every NOO that you request on eFiling?

Posted 23 January 2015

How do you delete/cancel a Notice of Objection that you have requested on eFiling when you realise SARS have actually been right in their assessment. This is before filing the NOO.

How would an individuals tax be calculated if he/she earns a basic salary plus a commission per year

Posted 22 January 2015

Does an individual taxpayer pay any PAYE on commission earned?

Why so much Tax? (SARS fortmonthly, PAYE, Personal Provisional Tax & Business Provisional Tax)

Posted 19 January 2015

My husband owns a company and has been instructed by his Financial Service Provider to make 2 separate payments for Provisional Tax, One payment for Personal Provisional Tax & Business Provisional Tax, Why are we liable to so make so many payments to SARS. As it is we pay Tax every 2 months as well as PAYE?

Tax payment for over 65 years?

Posted 18 January 2015

I am 65 years old married in community of property, I receive a monthly annuity of R5,000, I also receive interest from fixed deposits of R16,000 per month, what would my tax payment per annum be.

How to claim for a "Tax Credit" due to changing jobs?

Posted 14 January 2015

I was permanently employed at my previous employer for 8 years. I am with my current employer for 10 months now and have been retrenched. I was fortunate enough to find employment beginning immediately after my retrenchment.

My current earnings are R12k and will be the same at my next employment. How do I go about claiming for a tax credit ( changing jobs makes me applicable from what I've researched)? How do I do my next tax returns with two employer tax certificates (I think it's c...

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No returns and tax number but have been earning a salary.

Posted 14 January 2015

What would happen if you have no income tax number and have not submitted returns for 5 years. What happens when you withdraw?
your pension.

How much to pay into my RA?

Posted 13 January 2015

My RA allows me to make a top-up payment at any time.
Please can you tell me how to calculate the optimum lump sum amount I should pay into my RA in order to obtain the maximum tax advantage for the 2015 tax year?

I earn R60,000 per month before deductions and I should receive 2 more pay cheques before year end. My income for the tax year to date is R542,283.65 (Gross remuneration on latest pay slip). Therefore income for the year will be R662,283,65 as well as rental income of R55,000 coming to R717283,65....

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Still waiting for a refund weeks after receipt of completion letter.

Posted 13 January 2015

Hi TimI filed my wife's tax return on 20/11/2014. SARS then requested supporting documentation which we provided. In mid December they issued us with a completion letter stating that they would not be amending our return but that they retain the right to do so in the future. This was followed up with a Statement of Account on December 24th. We are yet, however, to receive any refund from SARS. When I log onto e-filing, the status says "Return - data submitted to ITS"I am unsure ho...

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How long from given bank details to payment from SARS?

Posted 11 January 2015

How long does it take to receive payment from SARS after you have submitted and given your banking details if all documents required have been approved?

When will I get a refund from SARS?

Posted 9 January 2015

I received a letter from SARS saying that I have to verify my banking details for SARS to refund me back my money that was over taxed. I went to the SARS office to verify so when am I going to receive the refund?

Calculating fuel expenses for ad hoc freelance work?

Posted 8 January 2015

How do I calculate car expenses for ad hoc freelance work? As an employee I'm reimbursed at the SARS rate for travel and it is recorded on my IRP5. But as a freelancer doing a couple of ad hoc jobs over the course of a year, whilst still being employed elsewhere, how do I calculate the expense per km, and what documentation/records do I need to keep?

Is a bonus meant to be taxed more than monthly pay, if the bonus is the same amount at the monthly?

Posted 8 January 2015

Is a bonus meant to be taxed more than monthly pay, if the bonus is the same amount at the monthly pay?

Filing elegibility

Posted 7 January 2015

I had a question about weather I need to file a tax return for 2014. I have lived outside of SA for 15 years and completed financial emigration last year when I closed a retirement annuity. The amt I received was very small (under R25 000). I did not receive/earn any other income. I did not pay tax on the amt I received as it was below the threshold. I still need to deactivate my tax number. Could you please let me know if it is necessary to file a SARS return for 2014. Thanks!

Depreciation calculation on low value asset

Posted 6 January 2015

I have been audited by SARS and they need a depreciation calculation for a low value assets (cell phone) that I used to conduct business for my employer. Please send me the calculation as I cannot retrieve it from my tax return that I did with you.

What does a risk assessment entail and when will I receive my money. I am a pensioner

Posted 6 January 2015

I did my return at the Roodepoort offices of SARS where all the details were input by a lady at SARS because I could not get my various certificates to 'pull through'. The lady handed me an ITA34 and said she was surprised that I was not selected for audit. The ITA34 shows SARS owes me R1 000 odd. This is now outstanding since 22 November and when I query this, I am told that this is due to a risk assessment being done by SARS. The first time I queried this I was told it would take 90 days t...

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Will I receive 100% of the value of a charitable donation back as a tax-refund?

Posted 5 January 2015

I understand that I can claim deductions for charitable donations to a registered PBO (with a section 18A certificate) up to 10% of my taxable income. I am wondering whether I will receive the full value of my donation back with my tax refund or only a portion of it. I like the idea of donating up to 10% of my taxable income, as I will have a say in where it goes. However, this will be a sizeable portion of my income and can only do this if I'm sure of receiving the income back in my tax refund.

Refunds from SARS?

Posted 23 December 2014

How long does it take for a refund to be paid once an audit/verification and resolution have been done?

Tax Refund Calculator?

Posted 22 December 2014

The calculator....."Work out salary tax (PAYE), UIF, taxable income and what tax rates you will pay"...does not include interest (local foreign), dividends (local foreign), rent, "other" income...

Tax Return Calculations

Posted 22 December 2014

If I make use of TaxTim, do I get to see my completed tax return before TaxTim files it? Do I get to see the calculations before filing?

If you're audited, papers are submitted how long before you receive the money from SARS?

Posted 19 December 2014

eFiling for tax has been done end of November 2014. It's been chosen for audit and the papers were submitted. How long before you receive the money?
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