Would he able to apply for a portion of the exemtion for being out the country for 60 days
Posted 3 September 2015
I have a client who was out the country from October 2014-December 2014-although his contract is from Oct 2014-Oct 2015 he completed his 66 consecutive days out the country. He came back and only flew out again end of Feb 2015. Because his contracted only started in October 2014, he would have completed the 183 days from Oct-Oct. Would he get a portion of exemption for the 60 consecutive days because its within the 2015 tax year.
When to hear from SARS after ITSA
Posted 3 September 2015
I have done my tax via eFiling and SARS requested extra documents which I did send. I then logged on again and saw an ITSA and since they have removed the ITSA and its quite from them. Should I be worried
Tax on severence pay and retirement lump sum
Posted 3 September 2015
How is tax calculated on severance pay and a lump sum withdrawal from a retirement fund. For instance I took voluntary early retirement and was paid severance pay of R 840000. I also withdrew a lump sum of R700000 from my retirement fund. I was informed they are handled as separate intentions for tax purposes, and do understand that only one will get R500000 tax free benefit.
What do I do with IRP5 and IT3a that I received at the end of my leanership?
Posted 3 September 2015
I worked one year for a leanership and now I have received IRP5 and IT3a, so what must I do with them?
Where is the interest on the bond for home office expenses claimed on the ITR12?
Posted 3 September 2015
Where do I claim the interest on the bond portion of my home office expense on the ITR12, is it under the "rental" section of the expenses?
Refund withheld due to supporting documentation denied
Posted 2 September 2015
As this was my first year registering and submitting my tax return, I submitted all tax returns up to 2008. I was thus requested to provide supporting documentation for the 2013 tax year. I uploaded my IRP5 document as proof via SARS eFiling, but this was denied. I do not have any other documentation as I am not claiming for any expenses. I do not have medical aid, nor received travel/petrol allowance etc. I do however contribute to a retirement annuity fund which I have included in my 2014 and ...
Read more →
Please advise on inheritance tax and interest income tax.
Posted 2 September 2015
I am receiving R 800 000 from my uncle, as part of an inheritance. Will I have to pay tax on this. I would like to invest it where I will receive a monthly interest that I can use, will I be taxed on this monthly amount. If so how much?
Where do I fill in the amount received for travel allowance?
Posted 2 September 2015
I am struggling to find the tab where I need to fill in the amount received for travel allowance, where do I fill in the amount received for the travel allowance?
So when am I going to receive the money from SARS?
Posted 2 September 2015
I received a mail last week 28,08,2015 from SARS saying no adjustment has been made, so when must I expect money in my bank
When is a CC liable 2 pay tax to SARS?
Posted 2 September 2015
From how much profits is a CC tax compliant?
When will SARS REFUND ME AS IT GAVE ME TWO DATES FOR PAYMENT NAMELY 1ST AND 30TH SEPTEMBER
Posted 2 September 2015
SARS gave me to refund dates 1 September and 30 September however it did not pay out on the 1st of September?
Does SDL go under UIF in taxable income calculation?
Posted 1 September 2015
Can we put Skills development levy (SDL) under Unemployment Funding Income (UIF) in our taxable income calculation?
Tax return with commission?
Posted 1 September 2015
I have never done my tax before. I've always earned a small basic and a lot of commission since I have worked as a beauty therapist. How do I go about submitting my tax return?
the only proof I have got for expenses are banking statements. I have received a IRP5 form for this tax year
Must I submit my tax or not?
Posted 1 September 2015
I started to work for a company and earn R240 000 p. A. I receive a fixed salary and enjoy no other fringe benefits or additional benefits at work and they deduct the tax from my salary and pay it over to SARS. Does SARS require anything else from my side?
No communication from SARS
Posted 1 September 2015
Hi Tim, 36 working days have now passed and still no word or refund from SARS. I submitted my documents for review on 10 July 2015. On following up recently, I was advised that the matter would be escalated and an agent would call me, still no call, no communication from SARS. It is getting a bit frustrating now as each time I call, I get the same answer, still busy with the audit. I know it can take 90 days, but surely once a matter has been escalated, the process should speed up somehow or do ...
Read more →
Assets and Liabilties - To whom does it apply?
Posted 1 September 2015
Does the asset and liabilities section pertain to business (if one is a director) or is it on a personal basis?
I don't have an IRP5 as I am an independent contractor
Posted 1 September 2015
I did not receive an IRP5 as I am an a independent contractor/consultant. All my income was derived through consulting work. Tax Tim is now saying that I need information from my IRP5 or there is a conflict. I am a provisional tax payer and yet the amount I paid in as provisional tax is never requested?
Deducting Training expenses
Posted 1 September 2015
I'm a self-employed private practice physiotherapist. Can I claim tax deductions on a one year course that I've completed to enhance my qualification? If so, are the monies used to buy the textbooks also deductible?
I owe SARS money, will it be deducted from my pension fund?
Posted 1 September 2015
I owe SARS - R18,000. My pension will be paying out soon, will they automatically deduct this from my pension or must I first pay this amount?
How to submit an older tax return than the year you are in via eFiling
Posted 31 August 2015
I have filed my 2015 Tax tax return. Now SARS wants me to submit my 2011 Tax tax return via SARS eFiling. I have the 2011 IRP5, but I don't know where to find the IRT3(a)
please help. How do I get the form on my profile to fill in.
Forced to register with SARS.
Posted 31 August 2015
What if I was registered to pay tax without my acknowledgement?
Do I submit irp5
Posted 31 August 2015
I'm no longer working, I was earning R5285 a month
Divorce settlement
Posted 30 August 2015
Hi. I am receiving a divorce settlement and I've seen on a previous question that you said it's not taxable, but do I need to declare it somewhere on my tax return?
Should I submit my late husband's IRP5
Posted 30 August 2015
My husband passed away last year July, he used to work for Fidelity security services. At his work place they sent me his tax certificate (IPR5)should I send it to SARS or what? When does the tax season end?
Tax payment from salary
Posted 30 August 2015
If I am employed under a sole proprietor, and my salary has not deductions at every "pay-day" (eg. I don't received a salary advice reflecting deductions of PAYE or UIF). Would there be any recourse against me from SARS, is it the responsibility of the company to make the relevant deductions each month and to pay it to SARS?
I am really uncertain about all of these things, as in the past (before my retrenchment period prior to this job), the companies that I worked for did all of thes...
Read more →
Older posts →← Newer posts
56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76