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Salary / IRP5 Posts in Tax Q&A

Fyling tax for working on comission only

  Written by Marc  

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  

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  

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?

Where to find "business code table"?

  Written by Marc  

Where to find "business code table"?

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

  Written by Marc  

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?

Rental income, less deductions less than cap, must I register for Provisional Tax

  Written by Marc  

I receive a salary and I recently started renting out my flat (which I resided in as primary residence, until September 2014, rented out since October 2014). I received a Rental income of R40000 for the 2014-15 tax year, the property is still under bond and there was maintenance costs etc. . Which means im still making a "loss" . (i. E. Rental Income of R40000, deductions of R50000, nett -R10000)

1. Must I still register for Provisional Tax?
2. If 1, am I late for Feb, Aug Provisional tax payment deadlines?...



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Want to know tax on R720 00 (lump sum) and R16200(salary)

  Written by Marc  

I an educator retiring early in June, who has worked for 27 years and 6 months. I want to know how much will be taxed from my lump sum payout (R720 000 ) and salary(R16200. 00)

Disability Income taxable?

  Written by Marc  

Disability income was received from medical boarding from work for a few months in the tax year ending 2015. This income was taxed and the amount on the IRP5 shows only one income source code. 1. Is the disability income tax exempt or is it only from 2 March 2015 and 2. Is there a separate tax code for disability income earned.

When can I submit my returns?

  Written by Marc  

When can I do my tax returns 2014/2015?

Commission tax query

  Written by Marc  

I earn a basic salary commission. Do I have to pay tax for both amounts combined, or should I only be taxed (PAYE) for the basic salary only? My basic salary is R10k with my commission cap at R5k. Please advise. . .

Will I get a tax refund or am I paying the correct amount?

  Written by Marc  

I basically earn R6500 p/m. Usually my PAYE is 220 a month. I don't how it is calculated. Is it the correct amount that is deducted. Will I get a tax refund?

Net income at R9000 how much is PAYE and UIF before net income?

  Written by Marc  

My net income is R9000, how much should my gross income be and how much should I pay for PAYE and UIF?

How much is Monthly PAYE and UIF if I earn R13232.83 per month?

  Written by Marc  

I need urgent help with calculations of PAYE, UIF.

When can I send my docs?

  Written by Marc  

I have purchased the TaxTim Lite option and I have received my IRP5 from my employer as well as for my RA. When do I send these documents to you?

How does SARS tax earnings from abroad, earned here in South Africa online?

  Written by Marc  

Hi Tim

Hope you're well and that you can assist me. I get taxed on my monthly salary of R31300, however, I'm also an online part time language consultant getting paid in USD from abroad into my paypal account. The employer from abroad currently taxes me 6% of my earnings as I make under 920USD. Paypal then charges me a further 3. 5% for the transfer. My account is linked with FNB, who take a further 1. 5% commission when converting to Rands and transferring the funds to my acc...



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I want to register for eFiling

  Written by Marc  

How do I register my eFiling by using a smart phone

Do I need to pay tax if I earn less than 250000 per annum, and work on commission only

  Written by Marc  

I am an intern estate agent, only earn commission, no salary , and I get less than R250 000 per annum. Must I pay tax?

How much I pay in order to afford tax??

  Written by Marc  

How to tax me when I'm pay R3000 Monthly?

Waiting for tax refund from SARS?

  Written by Marc  

I am still waiting on my tax refund my statement shows amount refundable after allowable tax credit is -R2113,78 that was the last statement I received on the 5th September 2014

Extra income

  Written by Marc  

I own a one bedroom place, wirth about R700 000 in a retirement place. Besides my own home. My main income is salary and tax covered there, IRP5. I get rent of about R36000?
must I register as a provisional tax payer?
is there an amount of extra income for which one does not have to register as a provisional tax payer?
can that income be placed under a general category as extra income?

Tax refund - do I qualify?

  Written by Marc  

I worked for one company and changed to another in January. My income from 3/2014 to 12/2014 was R69500 and 1/2015-2/2015 R37440. How much tax should I have paid?

What costs can be subtracted from the income of our small business?

  Written by Marc  

I am a member of a CC and a partner in a partnership. We are the two same people in both the partnership and the CC. From our activities in the CC, we came upon another way to make money and after a period of testing, we decided to split the other way off our CC activities, so the Partnership became a new business. In order to make this new income stream work, we need to travel and test tourism opportunities in SA as well as some of our neighboring countries to be able to build an internet commu...



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How much PAYE on R35000.00 pm

  Written by Marc  

How much PAYE am I to pay on a salary of R35000. 00 per month?

Tax on overtime?

  Written by Marc  

Do I not get taxed more on overtime than I would on my basic salary? Is there a way to work this out? I hear you get taxed more on overtime than your basic salary. How do you work this out?

I worked abroad and want to file my tax return?

  Written by Marc  

What do I need to submit my tax return if I worked abroad
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