Do you limit your arrears pension fund to 1800 or you enter the actual amount?

  Written by Marc   Posted 11 September 2015

Do you limit your arrears pension fund to 1800 or you enter the actual amount?

Increase of salary?

  Written by Marc   Posted 10 September 2015

What will my salary be before deductions, if I receive a 8 % increase?

Deceased tax number

  Written by Marc   Posted 10 September 2015

How do I get a tax number of my brother in law who died?

Was the wrong amount deducted

  Written by Marc   Posted 10 September 2015

How do I calculate pension tax deduction after I received my money for 2011 according to SARS I owe them. The amount was R144817. 27 they deduct 21687. 285

Deductions on 13th pay

  Written by Marc   Posted 10 September 2015

What are the mandatory deductions on 13th cheque

What is member's share of claims paid/

  Written by Marc   Posted 10 September 2015

On the medical Aid Certificate, what is member's share of claims paid?

CPT payment on money held for 3rd party.

  Written by Marc   Posted 9 September 2015

I have a parent whom gave me money a couple of years back to place in an investment in my name. Recently the entire investment was cashed out and transferred back to said parent. I now have been issued with and IT3(c) reflecting this. My questions are as follows:

1) Though it is not stated on the IT3(c), do I need to pay CPT on the proceeds (SARS code 4205)?
2) If I need to pay CPT, as this money did not belong to me (though the investment was in my name, I did not derive any benefit from it), is there a way in which the CPT can reflect against the party whom the money belonged to?...

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Travel claim to client site

  Written by Marc   Posted 9 September 2015

As a consultant on a salary with a car allowance (3701) onsite 18 of every 20 days, can I claim travel to the client's place of business?

Dependant / de-register / required to fill in a tax form if no longer earning a taxable income

  Written by Evan   Posted 9 September 2015

I am married and a registered tax payer, no longer earning a taxable income. Do I need to de-register as a tax payer and if not, do I need to submit a tax return?
Can I add my medical expenses to my husband's tax return as a 'dependant' (we do not contribute to a medical aid scheme)?

Copy of f/stat showing business sold

  Written by Marc   Posted 9 September 2015

Need a copy of a sole prop f/stat, showing my business has been sold

How long after it34 will I receive letter of comoletion

  Written by Marc   Posted 9 September 2015

Hi, I did my husbands tax return via SARS eFiling. SARS asked for supporting documents and i've sent it. On Monday 7th Sept i've received an additional ITA34 on SARS eFiling but not yet the completion letter. How long will this take?

Vehicle expenses for business

  Written by Marc   Posted 9 September 2015

When I was a sole proprietor, taxed under my own name, if I drove somewhere on business-related matters, I used my own vehicle. I then claimed those business kilometres as a proportion of the total expenses and depreciation on my vehicle over the course of the tax year. Now I have a (registered) private company - can I still follow the same process, and claim the travel expenses as a tax deduction for my BUSINESS? If not, what are the options for me?

Assist on completing a tax return?

  Written by Marc   Posted 9 September 2015

Where do I start with my tax returns

How does "Interest on underpayment of prov tax" work?

  Written by Evan   Posted 8 September 2015

I've done my 2012 tax return only now and I see the original assessment is R14,693.15. Now another item that is listed is:

Interest on underpayment of prov tax. Section 89quat(2) 2012 to the amount of R3,884.46.

I just want to know is that value correct, and how is that calculated. I guess it is that "high" because of this part in that section?:

"... Such interest being calculated from the effective date in relation to the said year until the date of assessment of such normal tax. "...

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Help! SARS has just informed that I need to submit a 2008 Tax Return

  Written by Evan   Posted 8 September 2015

Good day,

Over the past three weeks, I have been in contact with SARS telephonically regarding a refund due to me for the 2015 Tax Year. I have just been informed that SARS has upgraded their system and I now need to submit a Tax Return for 2008 before they will pay the refund. In 2007, I was employed on a part time basis as a tutor whilst I was in my final year of study at University. After graduating in 2007, I started to work on a full time basis at a company from 1 January 2008. I...

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How can I go back to changing my answer for capital gains if I don't have the option?

  Written by Marc   Posted 8 September 2015

I need to change my answer to capital gains that I gave, but the problem is I can't go back to the capital gains sections. How do I go back to it?

Want to register for a tax number?

  Written by Marc   Posted 8 September 2015

I have been tax exempt since 1997 when I left the forces. Been operating on a ad hoc basis doing upholstery work for people privately at home and never completed any tax forms as such. I left the trade seeing it didn't enhance my life at all living on the edge to provide for family. Started as an independent recruiter in 2008 and earning between R 60 - 120 p/annum. Haven't got a tax number and want to know if I have to register and if so how do I go about to registering for a tax number?

Tax Deduction on learnership remuneration

  Written by Marc   Posted 8 September 2015

In addition to the tax deductions that a company can claim for entering into a learnership and completing the learnership, can the company also claim a tax deduction on the remuneration of the learner?

Taxation of overseas pensions here in RSA

  Written by Marc   Posted 8 September 2015

I have tax returned to RSA in April 2016 and receive pensions -paid in UK, how are these taxed now I am a returning resident?

People who are still on probation pay tax?

  Written by Evan   Posted 7 September 2015

I'm still on probation for 3 months. Should I pay tax?

Tax return for expats

  Written by Marc   Posted 7 September 2015

I emigrated from south africa 6 years ago and I'm no longer a south african citizen. I ve only visited sa once for about 30 days in the last 6 years. Do I still need to file a tax return?
Thanks

How many days after filing

  Written by Marc   Posted 7 September 2015

How quick does it take for money to b in your account

No IRP5 -Can't claim Home office Expenses???

  Written by Marc   Posted 7 September 2015

A Client of mine does freelance work via Paypal. She earns 3500-5500 per month. This income is not shown on an IRP5 and because there is no IRP5 on her tax return, she can't claim her half of her and her husband's Home Office Expenses as this option is Greyed out on eFiling if you don't have an IRP5. What to do???

Local Assets and Liabilities for a previous (late) period

  Written by Marc   Posted 7 September 2015

When I complete a tax return for a previous period (as a sole proprietor), for the Local Assets and Liabilities must I state the CURRENT state of affairs or what the assets and liabilities were during that previous period?

Can I restart with the return I made a mistake

  Written by Marc   Posted 7 September 2015

Can I restart my tax return I just entered a wrong answer about medical aid and would like to go back to the beginning to start over.
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