Worked for 2 companies within tax year so I need to know how to fill in my tax form now on eFiling.

Posted 27 August 2015

I worked for 2 companies with in the tax period. (one for 6 months and one for 5 months) - do I click 2 tax certificates received? how does SARS eFiling pick up the information?

Purchasing a home for a relative

Posted 27 August 2015

I am considering purchasing a residential property for a family relative, who would stay there and contribute towards the bond repayments. However, I would not live on the premises. From a tax perspective, what is the correct approach to avoid my relative's contributions being viewed as rental income?

Completion letter from SARS

Posted 27 August 2015

I received a Completion letter from SARS as below, what should I do next?
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VERIFICATION OF ASSESSMENT

We refer to the verification of your assessment for the 2015 tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required...

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Do you deduct incurred expenditures against business income or paid expenditure?

Posted 26 August 2015

When seeking to deduct expenditure against my business income in the 'business income" section, I apply the general rule right - only deduct what I actually incurred to date, not what I paid?

No idea what Qualifying medical expenditure means

Posted 26 August 2015

In the calculations output, look for the amount next to "Qualifying medical expenditure (section 6B)". Enter that amount now.

Can my employer claim my tax returns without my consent?

Posted 26 August 2015

Can my employer claim my tax returns without my knowledge and consent?

What should my take home be (PAYE and UIF)

Posted 26 August 2015

My Salary is R12500-00 excluding my travel allowance of R9000-00 which I get taxed 20% as 80% of the time I use my car for business. What should take home be? Please help!!!!

Can you claim back tax paid on a lump sum pension pay out?

Posted 26 August 2015

HI, if I stopped working in May last year and got a pension payout, can I claim back the tax paid on it based on my income over the year?

Help me to get my old IRP5 forms

Posted 25 August 2015

How do I get my old IRP5 from department of health I was working in government hospital in Boksburg?

Zero provisional tax return

Posted 25 August 2015

I am registered as a provisional taxpayer as I earn investment income however due to contributions made to retirement annuity funds I will not owe SARS anything. In fact I expect a refund. Do I still have to complete a zero provisional tax return?

Provisional tax for business and personal

Posted 25 August 2015

Last month I registered my company as a Pty Ltd (previously I was a sole proprietor and was being taxed in my personal capacity). I am paying myself a monthly salary from my company, plus charging the company for a portion of the cell phone bill, etc. With respect to provisional tax, are my following understandings correct:
(a) In general, do I need to pay provisional tax both in my private capacity and as a business?
(b) Do I need to pay provisional tax now [August] for my business? (if not, when will I first need to complete my provisional tax return for my business?)...

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Should I correct my IRP5 myself or submit it as received?

Posted 25 August 2015

My employer loaded code 4005 as the amount that I contributed, and code 3810 the amount that the employer contributed. I thought code 4005 is supposed to be the total amount that goes to the medical aid or am I wrong?
The sum of the two amounts was then loaded to codes 4116 and 4497. I believe this is another mistake. Should I correct it myself or submit it as received?

Must I register for Tax

Posted 25 August 2015

Hi Tim, I would like to know if I need to register for Tax. My gross is R12500 per month and my nett salary is R 11001. 00

Percentage tax payable on a monthly pension of R15253

Posted 25 August 2015

What is the tax on a monthly pension of. R 15253

TAX CLEARANCE MEDICAL AID CERTIFICATE DUPLICATION

Posted 25 August 2015

I submitted my tax claim for 2015 on SARS and made a mistake the first time (not adding medical aid tax amount) and requested a correction ( added the tax amount ) but then I was under audit so today 30 days later I receive a phone call from SARS asking me to submit my tax clearance breakdown certificate, the only problem I have now is that I didn't even know you should claim the slips because they are added in to the tax clearance breakdown certificate. Now what will happen?

the la...

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No travel allowance tax claim help

Posted 25 August 2015

I am using my vehicle for business purposes and I kept a Skytrax logbook. I traveled about 40% of my KM's for business. I do not have a travel allowance and my commission was less than 50% of my income. Can I still claim my travel expenses? My Employer is not willing to amend the IRP5 to include a travel allowance. I still feel that I am out of pocket and I was not advised by my Employer when I started that I should structure my salary with a travel allowance. Please advise if there is a way...

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Why do I need a tax practioner number to register on Efiling?

Posted 25 August 2015

When I try to register as an individual on eFiling, it requires a tax practitioner number and I cannot proceed - I am confused.

When do I submit tax for the first time?

Posted 25 August 2015

In March 2015 I embarked on my freelancing career. I have been working for numerous companies of which some pay tax and some don't. I also have a business where I get a percentage of profit share. Am I correct in saying that I need to register to become a provisional tax payer and when do I file my first submission?

Can my husband use my medical aid slipt that he paid for for his tax return

Posted 25 August 2015

Will you please assist me, me and my husband and kids are on a different medical aid plan, but we pay everything together. Can he use my medical aid slips that he paid for to do his tax return?

Your assistance will be much appreciated

Travel expenses claim?

Posted 25 August 2015

I have done freelance consultancy work for 2 companies over a period of 3 months. The other months of the tax year I have been in fixed employment at a companies deducting PAYE with no travel allowance. Have not kept details of fuel and vehicle expenses. Can I claim a travelling expense for the 3 months based on kilometers driven ito the fixed cost and variable cost travel allowance method? If not what method should I use for travel expenses as a deduction against the production of the consultan...

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Contributing to Botswana medical aid scheme, is it tax deductible?

Posted 25 August 2015

I am a tax returning resident to South Africa. Been working in Botswana for the last 16 years and tax returned to work in RSA from June 2014. I have been contributing monthly to a medical aid scheme in Botswana(BOMAID), will this be deemed tax deductible to SARS?

Do I need to pay tax and can I qaulify for VAT number

Posted 24 August 2015

I have a contract with one of the courier companies, I make _R3400 per week then pay my driver R1000 and use _R1300 for petrol and clear _R1300, do I still need to pay tax?

Tax for pensioners

Posted 24 August 2015

I am helping someone with their tax. The person is 66 years old and has an monthly retirement annuity payout of R7000 and monthly interest (from investments) of about R4000 that gets paid out also monthly to them. Should a tax return be filed,or are there exemptions? I know the over 65 year olds get exempt of certain amounts for interest earned,but im not sure if that is the only excemption,or is there a total amount of income they are excempt of? Or must you add the two excemption amounts toge...

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Depreciation for SARS.

Posted 24 August 2015

I have used TaxTim to calculate my depreciation. SARS is now looking for supporting documentation. What do I need to submit?

SARS could not give me my refund and I was due to one

Posted 24 August 2015

I reported a problem to you last week that SARS could not give me my refund and I was due to one and not selected for an audit as more than two and half weeks have passed since I submitted my tax return. I went there on 20th of august to check only to find out that they needed me submit again for 2011 and 2012 and I did that so when can I expect my tax return for the 5th of august
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