Provisional Tax Calculation

Posted 24 August 2015

how do i work out the estimated profits for provisional tax payment to be effected end of august?

Travel expenses?

Posted 24 August 2015

Can I claim on money spent on public transport-travel expenses.

Is TAX deduction calculated from your gross salary only or from gross salary plus benefits

Posted 24 August 2015

I earn a gross salary of R26000. 00 plus I have company benefits of R3881. 00 (being medical aid). When working out the TAX deduction on my salary, is it calculated from R26000. 00 or from R26000 R3881? I see that my current TAX deductions are TAX R5491. 94 UIF R148. 72 and I am just wondering how that was determined. Thank you

Levies for medical expenditure on my tax return?

Posted 24 August 2015

Im on chronic medication I have to pay a levy every month on my repeats

Tax exempt working aboard

Posted 24 August 2015

When you work out the country for 60 days or more you don't get taxed

Fleet Cards

Posted 24 August 2015

How should employer tax work on the following:

Employee uses a company fleet card for fuel cost. Example of the July:
July Fleet Card Balance of statement R3 500
Travel claim (1 000 km @ R2. 05 p/km) R2 050
Deduction from employee for private use of fleet card R1 450 (R3 500 - 2 050)

Under which IRP 5 code should the travel claim be?
Should it be 3702 because the employee pays back the private use of the fleet card therefore there is no fringe benefit.

Escalation at SARS?

Posted 24 August 2015

I contacted SARS yesterday, the 29th day since my documents were submitted for a review. The matter was "escalated". How many more months will they still take to finalise this matter?

Do I fill in tax forms or not?

Posted 24 August 2015

What is the salary for the 1st March 2014. Till 28th February 2015 tax year to start paying tax on, and if I am below that amount, or if I do not earn any monies, then please let me know if I must still fill in any tax forms.

Medical Aid Tax if I pay Medical Aid privately as the company does not cover it

Posted 24 August 2015

I am starting a new job and I will be taking over my medical aid privately so my company will not contribute towards my medical aid. I will be paying for main member 3 dependents (adult & 2 children). How does this medical aid tax credit work? Would I now be able to benefit on tax if I pay privately? Lets work on I will earn R20 000. 00 a month?

What to do during audit process

Posted 24 August 2015

Selected for audit. What do I do?

Audit and Verification

Posted 24 August 2015

Why have I been nominated for Audit and I just declared which is on my IRP5.

When will I receive that money?

Posted 24 August 2015

I submitted my RIP5 on the 29 July 2015. I recieved an sms say the amount due to you is R1041. 77 but till to date I havent recieve that money

Signature required while eFiling?

Posted 24 August 2015

When completing the IRP6 and ITR12 via SARS eFiling, what happens with the section where they request a signature. Does one ignore that when SARS eFiling?

How is it possible that I have never received a tax refund since 2005?

Posted 21 August 2015

How is it possible that I have never received a tax refund since 2005?. I employed by a corporate (approx 40 000. 00 employees) that pays my tax for me.

Is rental income taxable if i'm renting somewhere else?

Posted 21 August 2015

I bought a property and after a year, I decided to let it out and go rent somewhere, so now that am earning rental income on my property, i'm I liable to pay tax on the rental income received?

Should I register for provisional tax if I have more than one employer?

Posted 21 August 2015

What do you do if you have more than one employer and thus have more than one IRP5 or IT3? Should you register as provisional tax payer or not?

Do I owe sars or do they owe me?

Posted 20 August 2015

Hi Tim I received a ITA34 certificate from my old job as a waiter & bar man @ seasons sport & spa and I don't know what it means do I owe SARS or do SARS owe me???

Earning R6000 per month which tax bracket

Posted 20 August 2015

If I earn an average of R6000 per month on a contract basis in which tax bracket do I fall

SA citizen working overseas

Posted 20 August 2015

I have been working overseas since January 2011. I have informed SARS and they have supplied me with an email stating that I have been de-registered from income tax. I have no other income in South Africa. Do I still need to submit a tax return every year?

Income tax return 2015

Posted 20 August 2015

I submitted two provisional tax returns for capital gains tax for 2014/2015. Now I want to submit my annual tax return (ITR12). I already have an IRP5 from my employer. What do I do with the provisional tax information? Do I include it on my annual tax return or what? Please advice

Can I add a medical expenditure after I have eFiled?

Posted 20 August 2015

I have been doing my mom's tax return. She had hearing aids which her medical aid did not pay for last year. She gave me the paperwork and asked me to submit. Which I did. She now just told me that she forgot about the hearing aids and would like to have them claimed back. Is this now possible? According to the SARS eFiling website the claim is done (she owes nothing and will get back nothing). Can I do something to submit this?

Can I put mom's medical contributions on my tax return?

Posted 20 August 2015

I pay monthly amounts from my bank account for a medical aid for my mom. The medical aid is in her name though. Can I put these contributions on my tax return. If yes where will it be entered on SARS eFiling?

What will my perk tax be?

Posted 20 August 2015

how do i determine perk tax on a vehicle of R250 000

Under audit and asked to submit outstanding returns

Posted 20 August 2015

The information on your website has been very useful when submitting my TAX. I just have a question if you don't mind?

I submitted my tax return for 2015 and I was selected for an audit. After submitting all the documents I was then informed that I was outstanding my tax returns for 2011 and 2012 and that I should submit- which I did. The one in 2012 shows that I am due a refund. My question is will this money get paid to me or would I have to wait until the audit is done on my Tax ta...

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Using someone else's banking details for my tax refund from SARS?

Posted 20 August 2015

Hi i'm orginally from Nigeria, I live and work in SA, I just did my tax retuns but they told me I cannot use my foreign acc except and Indian foreign acc,i tried opening a capitec acc but was told my papers are about to expire so I need to wait for the new ones... Can I use a 3rd parites banking details and have my retuns paid into their acc instead?
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