What is the tax definition of carrying on a business.

  Written by Marc   Posted 10 November 2015

I have been unemployed for the 2014 / 2015 tax year. For income, I have been getting casual work here and there. By casual I mean I worked on some events, did some technical drawings for a company and then helped with a school magazine. I was paid for all these jobs, for which I had to invoice and naturally I incurred expenses to do these jobs. Two events were overseas. There were a few months when I had no work at all. (My taxable income is less that the R70700 threshold. ) My question is, does...

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IRP5's

  Written by Marc   Posted 10 November 2015

SARS are requesting IRP5's from me for 2006 & 2007 before they will release a refund for my current 2015 tax return. Problem is I don't have the IRP-5's anymore and neither does my employer. For what period are they supposed to keep it on their records? Please advise because I don't know what to do now.

Medical costs for operation not paid out by Medical Aid

  Written by Evan   Posted 10 November 2015

Hi I have a question regarding medical claims not paid by the medical aid. I had a c-section operation in 2014. The Doctor put in a claim of R13k and the medical aid made a payment from the scheme of R3K, leaving a balance of R10K. The amount for unpaid claims on the medical aid certificate for the 2014/2015 tax year is only approx R4K.

Should this R10K amount of the c-section be added to the medical claims not paid by the medical aid? Tax Code 4020 becomes R4K R10K = R14K. What abo...

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Printing Registration form a few hours AFTER submission

  Written by Marc   Posted 10 November 2015

I didn't have a printer whilst completing Registration form. How do I access the form again, (on Android device) in order to print it, to fax it with my ID?

After hours

  Written by Marc   Posted 10 November 2015

How do I get my tax number after office hours

Tax and handling donation from non SA resident

  Written by Marc   Posted 9 November 2015

Dear Tim,
Are there any taxes due in South Africa, if my daughter (non SA resident, living in Australia and having Australian passport) donates money (more than ZAR100K) to her parents, and we do not transfer the money to SA and keep them within a bank outside SA (UK or other place) and in different currency?
1. Do we have to declare such a donation on our tax returns and what are the tax complications here?
2. Do we have to declare this account/amount every year in our tax returns and pay some taxes like capital gain tax as a result of Rand depreciation?...

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PAYE/ Tax on Commissions

  Written by Marc   Posted 9 November 2015

I am paying employees a monthly salary as well as commissions on top of the monthly basic. Do I have to deduct PAYE separately from monthly basic and then using a different PAYE/ Tax Rate for the commissions?

Commissions are available every month, however not every month has commissions paid to the employee. What would be the easiest and best way to understand this as well as being as SARS compliant

Am i tax exempt, I have been out of the country for awhile.

  Written by Marc   Posted 9 November 2015

Hi, I worked 190 days out of the country in aggregate during the 12 months period and I was also
continuous for more than 60days in the 2014 tax year. In the 2015 tax year I was less than 183 days and less than 60days continuous, do I still qualify for my income to be exempt.

SARS eFiling for work and own business

  Written by Marc   Posted 9 November 2015

I am a bookkeeper for a small school and I am the person responsible for the payroll, monthly SARS EMP201 and annual EMP501 etc. We use SARS eFiling and therefore my details are used as the contact person. My husband has just started his own business and I would like to register him for SARS eFiling too, I will be doing the bookkeeping, whose details do I complete (fill in) for the registration? Could I use my own again? or will there be a conflict in details?

What is a tax report

  Written by Marc   Posted 9 November 2015

What is at tax report

Independent Contractor can you claim depreciation on your vehicle

  Written by Marc   Posted 9 November 2015

As an individual with additional Independent Contractors remuneration, can you claim depreciation on your motor vehicle even if you get a travel allowance on your main income.

2013 tax return

  Written by Marc   Posted 9 November 2015

I have submitted my 2015 tax return and they won't pay me until I have done my 2013 tax return. I worked at a different company in 2013 and never received an IRP5 from them. I contacted them to get my IRP5 from 2013 and they can't give it to me. What do I do now?

A Earns R60Kpm & pays R7Kpm to medical fund,A is married with 2kids,Wat is his tax credit for 2016

  Written by Marc   Posted 9 November 2015

An individual aged 45, married with two small children, is a member of a medical aid fund. He earns a salary of R60 000 per month. He pays R7 000 each month to the medical aid fund throughout the year of assessment ending 28 February 2016. What is the monthly amount of his the medical scheme fees tax credit for the year of assessment ending 28 February 2016

Refuse and water costs included in rates, taxes and levies for business

  Written by Marc   Posted 9 November 2015

In the TaxTim system in the Business Income and Property Rental section I am asked to enter "electricity or rates/taxes/levies". Does this include refuse removal and water? Basically is this the total from my council bill, apportioned for business obviously?

Are anointed church materials sold in church subject to tax exemption

  Written by Marc   Posted 9 November 2015

Are anointed church materials (e. G anointed oil, wrist bands, t-shirts) sold in church premises subject to tax exemption under SARS Act. If so, what is the relevant law governing such exemption and procedure of securing such exemption

Overtaxed or what?

  Written by Marc   Posted 9 November 2015

Im unemployed I recently got divorced and I received R544 888. 90 as a settlement before tax deductions and after deductions it was R456 000 was I overtaxed or was it alright?

If working Oversees do I still pay tax to SARS

  Written by Marc   Posted 9 November 2015

I'm about to be employed in the World Bank, US based in Washington DC. Being a South African Citizen do I still need to pay tax to SARS for the salary I get over there even though I will reside that side with a work visa. World Bank is known a tax free organisation in US not sure about SARS policy on it.

Must I submit returns for previous years when I earned very little? (single income, no claims)

  Written by Marc   Posted 9 November 2015

After phoning SARS about an eFiling problem (presently 2015), I was told by the consultant that my tax return for 2013 was overdue. I responded that I hadn't been making anywhere near the tax threshold that year, and that various SARS website material, tax-consultants & SARS consultants over the years had confirmed as much (single source income, no med-aid, no R/A, no travel, no NPO-PBO donations, etc). He responded that everyone had to submit a tax return every year, regardless of how much they...

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Forgot username and password

  Written by Marc   Posted 9 November 2015

I forgot my SARS eFiling username and password when I want to reset them they asking me security questions that I also forget so now I cant any tips what can I do when I forgot my security questions

Who qualifies for a tax return

  Written by Marc   Posted 9 November 2015

I am an employee and have never submitted my tax returns. Should I submit if I earn about R108k annually?

2nd property

  Written by Marc   Posted 8 November 2015

I have a 2nd property. Thats not my primary residence. We want to sell it. For R500 000. Bought it for R80 000. Owi g R200 000. What portion will go to tax. Do we pay tax on the resale value or the profit value. Thanks

Rental costs whilst unit is empty before next tenants

  Written by Marc   Posted 8 November 2015

Let's say people rented a property and they left end of June and you sold the property with transfer going through September and it's not your primary residence. Would you account for the costs of levy etc between July Aug and Sep as part of the rental income deductions section?
The property was for rental specifically.

Should pensioners submit a tax teturn?

  Written by Marc   Posted 8 November 2015

My parents are 84 and 78 respectively. They receive a monthly pension income of R140 000 /a and a contribute to a medical aid of R 22 500 /a. They dont have They have limited medical expenses not covered by the medical aid. Do they need to submit a tax return?

Do we get 100% lump sum

  Written by Marc   Posted 8 November 2015

I would like to know if guys pays the all lump sum fairly or u keep some percentage for next payouts or investment

Must I still pay tax if company deducts PAYE?

  Written by Marc   Posted 8 November 2015

Must I still pay tax if my company deducts PAYE?
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