SARS eFiling bank details changed and no letter?
Posted 30 April 2014
I submitted my tax return etc and my bank details changed, The following day I got this message under SARS status: AVS Bank with AVS verification pass. Its the only message I received and there is no letter to say I have to submit extra documents etc, only that message. How should I proceed?
Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?
Posted 29 April 2014
Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?
When does cash clear
Posted 26 April 2014
I'm just wondering when my money will be in my bank I submitted it on Monday the 21st they sent payment out on 25th when will I receive payment?
Salary calculations - what is included?
Posted 22 April 2014
An employee gets a Travel Allowance - 80% of his salary (correct). He also needs to pay off a Staff Loan - R1,000 per month. Do you deduct the loan amount BEFORE taxes or AFTER PAYE & UIF? What is the correction calculation PLEASE.
How to "Request Tax Types" on eFiling if not reflected?
Posted 22 April 2014
I am assisting a friend to create her own eFiling profile. She was using a tax practitioner before, but it became too costly for her. We need to request the details from the previous tax practitioner, but it does not give us the option ?%u20AC%u0153Request Tax Types?%u20AC? on the drop down under "organisations". What else can we do? Can anyone please help?
Calculate the tax amount after completing my return?
Posted 17 April 2014
After having completed the tax form, how do calculate the tax amount due?
What type of taxpayer am I classified as?
Posted 13 April 2014
Hopefully you can please help me out, I registered for Tax a year ago, by default I was registered as a non-provisional tax payer and I am currently unsure of how I should classify myself for tax purposes. I'm also not working as a company or cc but as an individual.
I have 3 different forms of income:
1) 35 Hours a week I work for a company on their premises (almost as a full time employee) and invoice them every month. 70% of income. The do not withhold PAYE as of yet.
2) 5 Hours a week for another company, Invoiced for as well. 15% of income and they withhold 25% PAYE....
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I never claimed tax since I started working 5 years ago, can I still claim and file my returns with
Posted 12 April 2014
I am working for a company for 5 years now and I haven't claimed tax since then but my employer has been deducting, so will I still be able to claim tax for all these years?
Can I be taxed less or refunded when I submit receipts of all my purchases?
Posted 9 April 2014
I'm told that if I keep the receipts of everything that I purchase, I can submit them to SARS and I don't have to be taxed too much or I can be refunded, is it true?
How are one-off payments taxed?
Posted 3 April 2014
I have just started working as a freelance copywriter however this is not my main source of income. The work is a side-line and sporadic thing. I am about to be paid for a job I've completed and would like to know how I will be taxed for the job- in other words I really want to know how much money I will take home at the end. Is there a way for me to calculate this?
Are you a registered entity or company or person to do Tax Returns?
Posted 3 April 2014
How do I verify that you are legitimate entity and you are registered with SARS for the Tax Return purposes.
Income tax for Fy 13-14.
Posted 2 April 2014
Hi, My annul income is R. 495 000 and I joined in South Africa payroll in mid of Jan -14.So my question is how much income tax I should pay to government.
If my previous employer has submitted my IRP5 forms to SARS will I receive a tax return?
Posted 2 April 2014
Please advise on the following. I have had two previous employers but I had not registered for tax or eFiling?
Recently, I had received my IPR5 from one of the previous employers. The IPR5 form was filled in by HR and had a 10 digit number which I assume to be my tax number, am I correct to assume so?
Secondly, if my previous employer has submitted the IRP5 forms, will I receive any return or do I have to register for eFiling and submit the forms myself in order to obtain a return?...
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Detailed medical accounts - what does SARS accept?
Posted 1 April 2014
I have hospital accounts with receipts (fully paid) and intend to claim a deduction from SARS with my 2014 tax return, however the hospital accounts ((Mediclinic), only state ward stock, theatre stock and dispensary stock. These items were either for medication or materials given/used. I would like to know if these accounts are adequate with this info or must each and every item used be specified for me to claim a tax rebate?
Tax payable on R2 608000
Posted 1 April 2014
How much tax is payable if I happen to resign and my basic salary is R388127 pa
Property Transfer Duty for Trusts
Posted 31 March 2014
If a trust is buying a residential property does it pay the same transfer duty as individuals? Further, if the trust was registered for VAT would that change the answer to the previous question in any way?
Do we need a tax directive to avoid paying PAYE due to working out of the country ?
Posted 31 March 2014
My husband works out of the country and in 2013 was in Moz for 63 consecutive days, meaning he shouldn't pay PAYE in SA. How is this worked out in the system? Should he be paying monthly PAYE, and refunded at year end, or does he need to apply for some sort of tax directive from SARS? He has been invoicing the company, who have paid him in SA but there are no payslips or PAYE deductions. Now we are applying for a homeloan, they want payslips.
I have to borrow money from a friend to make ends meet, how do I get back on track with my tax?
Posted 30 March 2014
I used to be permanently employed, paid the normal PAYE every month, and all that. I dutifully submitted my tax return every year and got my refunds from SARS very promptly. I then left the company and did a brief stint at another firm whose business was totally unrelated. I then decided to go on my own and start working as an independent. Things didn't go as well as I'd hoped and I didn't earn enough to support myself and my children, let alone, pay any tax. A friend has been helping me to make...
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Do I get tax back on my provident fund withdrawal?
Posted 26 March 2014
Hi I received provident fund amount last year early in July and I would like to know if I can claim back any of the tax paid.
Should an annual salary be used rather than monthly on the calculator to ensure that a bonus is incl
Posted 25 March 2014
The TaxTim SARS income tax calculator does not make provision for a bonus/13th cheque. Should I just put the total salary including the bonus as an annual salary?
Tax reliefstructure salary for tax purposes?
Posted 25 March 2014
I pay medical aid for myself and 2 dependents
What deduction can I take monthly from my salary in this regards
The medical aid payment if R7000 a month as one of the dependents is over 21
What other benefitdeductions can I make on my salary to save tax ??
Can I pay tax in advance (est) without complicated forms.Then do forms annually and pay difference
Posted 24 March 2014
I always need to pay money to tax at the end of the year. I know it is about R 12,000. Or R1000 pm. Why can I not pay in say R1000 pm Estimate without filling in complicated forms, then fill in complicated forms once a year. I.e. pay in what I think monthly. i.e. accumulate tax credits via payments ahead of the final annual analysis.. i.e. just pay initially when I can afford, and pay in the difference after completing complicated forms at financial year end.
I have still not received my refund from SARS, what could be the reason?
Posted 24 March 2014
What can be the cause to my tax refund being frozen?
Residents based tax - how does it work in SA?
Posted 22 March 2014
Hi Tim. I am currently a South Africa provisional taxpayer but will be leaving SA to work for a US based company for the next 5 years . I will be leaving on the 30 June 2014 but will receive a pension payment commencing 1 July 2014 from my current employer for the next 5 years payable in South Africa . I will also receive a bonus in December 2014.
I will be out of the country for more than the 183 days as well as the 60 day consecutive period . My question is as follows :
1. Is the monthly pension taxable...
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Can I request a correction after ITR14 submission?
Posted 20 March 2014
I've submitted my ITR14 on 28 Feb 14, but then received a massive supplier invoice which would increase my COS & this would then decrease my PBT in essence I would qualify to get a refund from SARS, can I request a correction?
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