Are we required to file a SARS tax return?

  Written by Marc   Posted 29 June 2015

If we are permanent residents in South Africa, and earn less than R 350,000/annum each as an employee and director of a Pty company do we need to file a tax refund ? We do not own the company . The company files and pays its taxes .

Tax refund on studies?

  Written by Marc   Posted 25 June 2015

I am currently working at a university and have enrolled for postgraduate degree at a different institution and had paid for myself. Will I be able to claim tax refund on this, if so, how?

Can I claim tax back on medical expenses if im not on a med scheme?

  Written by Marc   Posted 25 June 2015

Can I claim tax back if I don't belong to Medical aid scheme. I paid over 10000 for my son when he broke his leg.

What should I pay on PAYE ?

  Written by Marc   Posted 25 June 2015

I earned R408330. 00 for the year. My wife pays the medical aid. I have 2 kids. I use some of my own equipment for work purposes. I have a endowment policy for R1100. 00 pm some medicine I pay cash. I also contributed to UIF R3569. 00

Work office and home office for tax purposes?

  Written by Marc   Posted 25 June 2015

Am I allowed to have a office at work and a home office?

Work office and home office can I claim both for tax purposes?

  Written by Marc   Posted 25 June 2015

I earn commission more than 50% of my income - I claim for home office expenses as I work from home 60% of the time but now SARS want to know if I also have a office at work will that mean I am not allowed to claim for home office??

What is the taxable mount for an employee per month and per year?

  Written by Marc   Posted 25 June 2015

What is the amount that is taxable for an individual per year? If your total income for the just ended tax year was R121 418. Do you qualify for a tax refund if your tax was submitted on your behalf by your company?

I want to know how much I owe SARS

  Written by Marc   Posted 25 June 2015

Do I get a refund from SARS?

Tax deduction on R911 968 pension benefit should I resign?

  Written by Marc   Posted 24 June 2015

I am planning to resign with effect from 1 June 2016. Currently my pension fund benefits stands a R911968. 00. How much tax will I pay?

Calculate on 18% tax directive

  Written by Marc   Posted 24 June 2015

If I do the calculation, I see I have to pay in a huge amount, is there no field I need to fill in, I was on a 18% tax directive

Query on tax rebate from SARS?

  Written by Marc   Posted 24 June 2015

If I have paid in extra R4221 on my tax and also am over taxed by R300 on my PAYE from my work every month would I then not get back monies from SARS?

MEDICAL TAX CREDIT CALCULATION

  Written by Marc   Posted 24 June 2015

SARS Website quotes the following as an explanation for Medical Tax Credits in 2015 : "An individual who is 65 and older, or if that person, his or her spouse or child is a person with a disability, 33. 3% of qualifying medical expenses paid and borne by the individual and an amount by which medical scheme contributions paid by the individual exceed 3 times the medical scheme fees tax credits for the tax year" My annual medical aid contribution is R11 684 My Tax Credit is for myself and my wif...

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Medical tax credits?

  Written by Marc   Posted 24 June 2015

I am aged 70 retired but working again,, earn less than R11K a month, pay my own medical aid for myself and spouse. . Have no company perks. . Have always got my full paye refunded to me each year. However. I do not understand how the medical credit will affect the situation as from this year? I do not have the tax deduction of R257 for myself and the same amount for my wife as I pay our contributions by debit order each month. Would I still be refunded by SARS, or how does the medical tax credi...

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Can I claim my housing alowance if I pay rent?

  Written by Marc   Posted 24 June 2015

If I receive a housing allowance of R5000, and I pay tax on the R5000, can I claim it back if I pay rent of R9500

Does paying bond, cars, etc fall under investment certificates?

  Written by Marc   Posted 23 June 2015

Hi

I would like clarity on the information available on your website pasted below

• Get your Interest and Investment certificates from the bank and financial houses (IT3b and IT3c) These should have been sent already. Does paying bond, cars, etc fall under the above bullet point?

Is there any claim from your office or any submission of documents ?

  Written by Marc   Posted 23 June 2015

About my deceased husband,do I submit anything to your office after they send me his tax certificate and paying his death lump sum from provident fund?

Is IVF treatment tax deductible since Medical Aids do not cover this?

  Written by Marc   Posted 23 June 2015

Medical Aids do not pay for Fertilisation clinics. If one has paid large amounts to a fertilisation clinic can this be included in amounts not paid for by your medical scheme?

Remote Working Tax Deductions?

  Written by Marc   Posted 23 June 2015

I work remotely from home in South Africa for a South African registered company, what deductions can I make from my tax returns? Like I may hire a desk at another office, or the cost of setting up my home office, use of my computer for doing my work etc? What of those can be deducted?

Can I claim tax on Co vehicle and fuel where I do not have a travel allowance?

  Written by Marc   Posted 23 June 2015

Hi TaxTim, I work as a vehicle sales executive, which means I have a company vehicle which I use for both business and personal use. I did keep a log book. On my payslip it is reflected under "taxable perks". "I also paid Vat on Co car" which is showed on my payslip under deductions. I also had a fuel allowance but that is not reflected on my payslip because the company I worked for owns a fuel station and we had "fuel tags". The vehicle was not maintained by me, but I just want to find out if I...

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Tax back on buying property cash?

  Written by Marc   Posted 23 June 2015

Hi I got a pension payout when being divorced, it was taxed before payout, I bought a house cash, will I be able to get something back, I am not working.

Fyling tax for working on comission only

  Written by Marc   Posted 23 June 2015

I am a locum at a private occupational therapy practice!! I am 28 years old and only working for commission!!!! My employee did not register me for tax so I will not receice an IRP5 form but will have to work out my tax on my own!! I have kept all the devices from income for. Each patient that I saw as. Well as. The proof of. Payment into my bank account that was made as the clients made the payments!! It. Is difficult to. Determine a set. Montly income as sometimes the clients will pay a month ...

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Loan account with employer - how does the tax work?

  Written by Marc   Posted 23 June 2015

I have a loan with my employer, every month I pay them what I can afford so it differs from month to month, example I earned R20000. 00 this month I allowed them to take a deduction of R7000. 00, therefore they paid me R13000. 00 yet they taxed me on the R20 000. 00. My question is should I be taxed on the R13000. 00 or the R20000. 00 and should my IRP5 reflect the money paid into my bank account (the R13000. 00) or should it reflect the R20000. 00, I am just wondering because I am being taxed o...

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Depreciation on Vehicle?

  Written by Marc   Posted 23 June 2015

I am using my private vehicle for company business. The company is paying me a travel allowance and the fuel for the business part. About 55% of travel is business related. Can I claim depreciation of my vehicle from SARS? What is claimable from SARS for the use of my private vehicle?

May I claim for medical services paid for in cash when I have a medical aid?

  Written by Marc   Posted 23 June 2015

Hello - please advise? I am being informed that because I now have a medical aid which is paid for in our own private capacity and not through employers - I am not allowed to further claim for medical expenses paid in cash due to medical aid funds being depleted? Is this correct?

Rebate for prepaid electricity

  Written by Marc   Posted 23 June 2015

I am a tenant and I prepaid electrictity can I claim
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