Tax on Lump Sum payment - Provident Fund

  Written by Nicci   Posted 16 March 2022

Hi,

A friend received a lump sum payment from her provident fund to pay for a family members medical bills. Is she able to claim back some of the tax paid over to SARS for the additional medical expenses? She had previously received a lump sum payment on retrenchment, so this is the second lump sum recieved from the fund. She has no other income.

Should source code 3699 reflect on your cost to company?

  Written by Nicci   Posted 16 March 2022

Does source code 3699 include all employment income, so it should it reflect your cost to company?

Can I claim against the use of my vehicle if the only code on my IRP5 is 3703?

  Written by Nicci   Posted 15 March 2022

I have used my vehicle for official travel - there is only code 3703 on my IRP5. Can I claim travel expenses in my return?

Is there a limit on the contribution towards PAYE for tax on perks such as fuel?

  Written by Neo   Posted 20 January 2021

As part of my package I receive the benefit of a fuel card and car allowance (but I do not do any business travel). However, on my tax return for 2020 I had to pay almost R9k because of this benefit. I had thought that our Human Resource Department would have made adjustments to my PAYE so that I would be paying 100% of the applicable tax so that I do not have anything to pay when I do my tax return once a year. Our Human Resource person said that he was not able to set the PAYE so that I could in future pay 100% of the fuel and car allowance benefit, but was limited to set it at 80%. ...

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Why am I being auto-assessed on SARS eFiling?

  Written by Neo   Posted 22 July 2020

I received an auto-assessment from SARS. My husband did not receive the SMS but my friend also received an SMS saying she has been auto-assessed. Why have SARS introduced this new process? Why are there some being auto-assessed and not others?

Individual Tax Consultation

  Written by Neo   Posted 18 June 2020

In January 2018 I stopped working as a full time employee and for the 2018/2019 tax year I did various things (including foreign travel and work) and earned different kinds of incomes. I did not register as a provisional taxpayer as at that stage I really did not know how the year was going to pan out and if I was going back into full time employment again. I would like to settle any tax I may owe for the 2018/2019 year, however with my different incomes, working out the country for more than 18...

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TaxTim Filing before tax season

  Written by Neo   Posted 22 May 2020

I have registered on TaxTim and have also granted you permission to get my information from SARS. Should I wait till tax season begins before I complete all the questions on TaxTim? I am however still waiting for my IRP5 from my employer. I also have property that I am renting out and have a logbook. Please advise.

Contract worker and Tax

  Written by Neo   Posted 22 May 2020

I was retrenched at the end of 2017. My last Tax Return was done in the year 2018. Since April 2019 I have been receiving income for work done on a contract basis and the company indicated that I need to see to my own tax affairs. How do I go about filing my tax return for 2020? Your assistance is highly appreciated.

Earnings of a teacher and tax

  Written by Neo   Posted 5 June 2019

I would like to find out if I should submit a tax return as a teacher that earns R300 000 per annum. Would this be required of me?

Business travel from home office

  Written by Neo   Posted 12 March 2019

I work for a multi-national company and I am home based. I would like to find out, when I travel into the office for meetings, can I claim that mileage as business travel? Also, just for interest sake, would it be different if I was a salary earner and I did receive a travel allowance?

Relocation expenses

  Written by Neo   Posted 11 February 2019

I got a new job and the new company is paying me one month's salary as relocation allowance. I understand that this is taxed, but can I have any tax deductions if I can prove actual relocation expenses?

Renting Property and Travel Costs

  Written by Neo   Posted 13 July 2017

I'm renting out property in Cape Town and I stay in Johannesburg. When travelling down to Cape Town for maintenance/inspections purposes, do I claim the actual petrol money spent or the SARS rate of R3.29?

Submit a return with medical aid claims on

  Written by Alicia   Posted 12 July 2017

I wanted to enquire approximately how much it would cost for me to do my Tax Returns?
Just an estimation.
It would be just for me. Straight forward Gross Salary plus medical aid. No other claims such as commission, mileage, petrol etc.

2 IRP5s and commission

  Written by Alicia   Posted 11 July 2017

Before paying the fee I just want to make sure you'll be able to help me. From March to July. I earned a normal salary but from August I earn a basic and commission. As I sales rep I'm able to write off wear and tear on my
vehicle but obviously only from August. Same goes for my laptop etc. will your system be able to take this into account?

Declaring other income to SARS

  Written by Alicia   Posted 11 July 2017

I am full time employed but I have earned additional income by lecturing a couple of hours during the year at a different employer. This employer did not deduct any PAYE. The employer has paid me according to the hours that I have invoiced them. Should I answer the question about whether I'm an Independent Contractor as "Yes"?

Saving the TaxTim Logbook

  Written by Neo   Posted 7 July 2017

I need to submit my logbook to SARS, I used the TaxTim logbook. How do I
save the logbook so that I can upload it?

Business Tax Return

  Written by Neo   Posted 6 July 2017

I just wanted to find out if you deal with business tax? I've recently started a company and would just like to know what SARS will want to see in respect to my accounting when I file a tax return? Essentially, what is the bare minimum if they audit?

Capital allowances written off

  Written by Neo   Posted 6 July 2017

"Capital allowances written off" I do not understand what this statement means.

Travel Allowance Claim

  Written by Neo   Posted 5 July 2017

I get a travel allowance, but I use my wife's vehicle for business purposes
as we work together. Can I claim travel expenses?

Depreciation on a cellphone

  Written by Alicia   Posted 4 July 2017

I have a pay as you go cellphone that I bought cash. Thus I unfortunately do not have monthly statements to determine an exact break between business and personal use. I spend about R300 pm on airtime and I receive a cellphone allowance of R750 pm from my employer. How do I calculate and show the depreciation amount and do I need a letter of consent if the allowance is shown on my salary slips?

Claim travel without a logbook

  Written by Alicia   Posted 4 July 2017

I have source code 3802 on my IRP5 but I did not keep a logbook, can i claim for the perks tax paid via source code 3802 if I don't have a logbook?

Package for a commission and salary earner

  Written by Neo   Posted 4 July 2017

If I earn commission and a salary as an employee, which package should I select, Ultra or Smart? I also have a travel allowance and a medical aid contribution.

Leased company use and tax

  Written by Neo   Posted 3 July 2017

I don't receive a travel allowance, but I'm on a company vehicle lease scheme. It assumes I receive fuel, which I don't. I also do business mileage and I have source code 3802 on my IRP5. What should I do?

Maintance plan of pvt car

  Written by Neo   Posted 3 July 2017

Can I claim maintenance on a plan for my car (I do make use of the car for work purposes)?

This query relates to question 4437 "Please enter the amount spent on maintaining or repairing the car. This includes vehicle services." in the Travel Allowance section.

Commission earner and IRP5

  Written by Neo   Posted 29 June 2017

I'm a commission earner. I joined a company in January and I didn't earn any commission from January to 28 February. My previous IRP5 shows me working at that previous company for 10 months.
Do I need an IRP5 with zero income on it for the 2 months at the new company? Would anything need to be submitted to show that I was employed for the 10 months at the first company and 2 months at the present company = the full 12 Months?
Also, does the new company have to upload anything so that...

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