Reclaim attorney costs
Posted 4 November 2015
Good day
I want to find out, I've bought a flat and it was registered in March 2015 on my name. Can I reclaim the attorney fees and where I complete it on the tax form, in other words, costs of Duty, transport costs, registration of deed
Thanks
Amending your tax return after submission
Posted 4 November 2015
I'm a first time tax payer. I only completed my tax return for the first time this year. I used e-Filing and already submitted my tax return, and received the assessment. I realised that I had to add my Medical Aid tax certificate (My company is not paying for my medical aid, it comes from my pocket). What should I do now, seeing that I already filed my tax return? How am I going to fix this?
Registering for a tax number
Posted 4 November 2015
Do I have to register for a tax number if I earn R2970 pm?
Duplicate expenditure for both employment and freelance monies earned
Posted 4 November 2015
I am permanently employed and work from home. I also have a freelance business that I run after business hours, using the same equipment (laptop, printer, office furniture) and space that I use working for my permanent employer. I have noticed that under the "Tax Deductions" and "Business and Rental Income" sections that there are duplicate questions regarding depreciation, travel costs, lease and electricity expenditure used during earning my monies. Do I complete both sections with the same in...
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How can my payment be audit twice.
Posted 4 November 2015
I submitted my tax return via SARS eFiling on the 1st of July 2015. I was not selected to be audited. I did not get my refund as usual. When I contacted SARS they said that my payment is being audited. On the 30th of September I received a letter stating that I must submit supporting documents. The documents was submitted on the 1st of October. A completion letter was issued on the 3rd of November stating that my assessment was not changed. When I inquire now I am told that my payment is being a...
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Tax Certifcates
Posted 4 November 2015
Hi - what happens is I cannot find my tax cerficates
Where do I declare the bond amount on rental income?
Posted 4 November 2015
I'm stuck in the section where I declare the rental income for a house I was renting out. I don't see where I put total I spent on the bond to justify that it was a loss against the rental income and the expenses incurred. Where do I do that?
Travel Allowance & Company Provided Vehicle
Posted 4 November 2015
Please advise if you are able to claim if you receive a travel allowance and use a company provided vehicle during the day to visit clients?
Domestic taxes?
Posted 4 November 2015
Hi, my Domestic worker has been coming in every day, but for two weeks now she has been refusing to do the washing and ironing, she only tidies the bedrooms and leaves, when I spoke to her regarding this she said we don't pay her enough to do the rest anymore, although her salary is a lot higher than min wage, today she said that she is done and I need to let her go, she wants pension and back taxes from me now, although she was under the bracket.. I have no idea how to handle this situation, pl...
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What examples of income which falls under IRP5 code 3602
Posted 4 November 2015
Examples of income of a that can be classified under IRP5 code 3602
Can you claim any expenses against income code 3714
Posted 4 November 2015
Can you claim against income code 3714
Sole prop tax directive
Posted 4 November 2015
Hello there I need to get a tax directive for a sole prop
Claiming medical expense not covered by medical aid
Posted 4 November 2015
My partner has no medical aid & is a full dependent of myself.
A) How do I claim her medical expenses?
B) How do I claim medical expenses not covered by my medical aid for myself?
Tax on foreign money
Posted 3 November 2015
If a SA resident invested money overseas and want to bring some of that now back to SA to live off as he is retiring, what will the tax implications be?
What is tax return?
Posted 3 November 2015
What is tax return? and how do I benefit if am paying tax
How to fully claim against code 3703
Posted 3 November 2015
How does the IRP5 code 3703 work in conjunction with the 8000km per year travel limit
If one is not employed but gets donations for their upkeep, are they liable for tax?
Posted 3 November 2015
If one is not employed but gets donations for their upkeep, are they liable for tax?
Do students need tax numbers?
Posted 3 November 2015
I am a 18 student. I've just matriculated and I'm planning to do casual work over the holidays. I was told I have to have a tax number on my CV in order to get work. Is this true?
Would I have to register as a provisional tax payer?
Posted 3 November 2015
I was a permanent employee at a company for the first 6 months of the tax year. I have gone freelance for the remainder of the tax year and the foreseeable future. I am receiving a salary in effect as the companies I freelance for deduct 25% tax on my earnings and pay me a monthly lump sum (salary) and they provide IRP5s. Does this mean I won't have to register as a provisional tax payer and also at 25% tax could I apply for a tax directive?
Tax on pension at 53 years old.
Posted 3 November 2015
I am 53 years old. I will be resigning at the end of January, and I will still be 53 years old. My pension is 1. 1 million rand. What will I clear after tax, as I want to take it out and not re invest.
Audit from SARS? How Long?
Posted 3 November 2015
How long can I wait for my tax get paid out when they send it for audit?
Where does the IT/IB 3(c) &(b) forms go on tax return?
Posted 3 November 2015
I have 2 satrix investment plans, how and where do I input the IT3(c) and IT3(B) Income Tax forms received from Satrix?
Travel allowance - deemed vs actual cost for commission earner
Posted 3 November 2015
I am a SARS commission earner. I would like to claim back the use of my vehicle to earn commission. I have a detailed logbook. Where and how do I claim these expenses? According to the TaxTim
wear and tear calculator, I should use deemed cost, however I never received a travel allowance on my IRP5.
How much do I pay tax if my business has made less than R10000 profit
Posted 3 November 2015
I have cash loan business,and I only made R2000 of profit due to bad payers. So how much should I pay to SARS?
Vehicle logbook trips to and from work / home
Posted 3 November 2015
My biggest problem is with a vehicle log book. Does the Vehicle App explain to you what mileage you are allowed to calculate: e.g. if you work from home and not an office, do you calculate your business trips from home to client?
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