Am I able to claim additional medical expenses?
Posted 25 May 2016
Hello - I am 52 years old - I have a medical aid - a discovery coastal saver - essentially a hospital plan with a portion of my my premiums going into a savings account every month. I understand that I get a rebate based on my premiums paid. I am trying to understand what constitutes a qualifying medical expense. If money is taken form my medical savings account (which is effectively my money) do these expenses count as "qualifying" - my accountant has told me that only if I spend more than a c...
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Am I required to pay tax?
Posted 24 May 2016
Need to now if I must pay tax. I earn about R6000 but my employer deduct about R141,16 for Uif so that leaves me with R5,858
What will my tax liability be if I start a business?
Posted 23 May 2016
Hi, I can provide services such as graphic design, animation, music production and web development. I recently caught attention of few business owners wanting me to do work for them, will I need to pay tax approaching them as self employed individual? I am prepared to charge everything once off based.
Can my VAT liability be back dated?
Posted 22 May 2016
I run an events company and should have registered for VAT a long time ago, but am only doing so now. On completing the registration form, they will see that my company has been operating for a couple of years now, some of which, my turnover has been over the threshold. My question is: Will SARS investigate my prior years financial turnover? What will happen if they do investigate my prior year finances?
How to complete the IRP3(a)
Posted 20 May 2016
In terms of the IRP3(a), how does one do the manual calculations of the taxation that should be deducted if ''other''(X) is ticked under the directive reason, as there are calculations available for the retirement and severance benefits.
Do I earn enough to pay tax?
Posted 18 May 2016
Hi Tim
I started working online and get around R2000 -R3000 a week. Sometimes less, sometimes more. Some of the work I get is out of the country. So I just wanted to ask, must I pay tax or is the amount too little? Is there a way I can work it out or will it be best to just go in to their offices?
Additional income, and when do I register for Provisional tax?
Posted 18 May 2016
If I do freelance work and get paid via Paypal what are the tax implications of withdrawing the funds into an FNB account, this would be a second source of income
Tax clearance certificate for emigration
Posted 16 May 2016
I am joining my husband in the UK shortly and want to know if I will need a Tax Clearance certificate from SARS in order to leave the country on a one way ticket through my spousal settlement visa. We have no assets in South Africa and I was under the threshold regarding income tax (tax was paid by my employer and I never submitted a tax tax return). We may be coming back to South Africa at a later stage and do not want to give up residency.
Taxes for a R5000 part time job for foreign student visa holder
Posted 11 May 2016
As a foreign student, do you have to pay taxes on a salary of R5,000 per month. I am working 80 hours per month.
Can SARS hold a vendor liable for VAT prior to being registered?
Posted 10 May 2016
My B&B started trading in Aug 2015, it's year end is Sep so the first set of Annual Financial Statements will be dated Sep 2016 (14 months). Our management accounts dated April 2016 reflect our revenue is already around R650,000. We are not yet registered for VAT but we'll be doing so very soon. My concern is do we now have to register, submit and pay all the VAT from Aug 2015 to current, OR do we just register, submit and pay from now going forward? I read somewhere that according to the VAT Ac...
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provisional tax due
Posted 10 May 2016
I am now an au pair. Dont know if I need to pay tax. I am getting a monthly salary of R7000. However if the family go on holiday I do not get paid. I also do not get paid on a specific day. Will be before or just after the last day of the month. What must I do?
Must employer refund tax to me?
Posted 9 May 2016
Employer deducted tax from my month's pay as if I had worked only one week instead of four. Must the employer refund the over-deducted tax to me?
I will not earn above the tax threshold this year as I am now a full-time student, so how do I get my money back?
Forex trader tax allowable deductions
Posted 5 May 2016
I want to become a Forex Trader and would like you to advise me on how do I go about? (do I need to form some sort of form from SARS for tax or the money/profit that I will be receiving from overseas would be already taxed and if so what is the name or type of that Tax)
Tax on foreign earned income
Posted 5 May 2016
I've been working overseas temporarily and have save up 2600euros, when I come home will this be taxed when I exchange it to rands.
Tax on initial lump sum payment upon early retirement
Posted 2 May 2016
How much of R220 000. 00 is paid as lump sum on retirement at the age of 55?
Is the lump sum tax deductable?
PAYE on a salary below the tax treshold
Posted 26 April 2016
I am currently working at an NPO and earning R 6000 per month. Currently the organisation is taxing me R300 per month (although this often fluctuates randomly). There are no further deductions, apart from UIF. As far as I am concerned, and according to all research I have done, I am not meant to even be paying tax on this amount. Could you please clarify if this is correct, and if not, who can I approach with regards to this money that seems to be going missing?
Thank you in advance.
Does a director of a company have to have a tax number?
Posted 24 April 2016
I have a client who is the director of a small company (pty). Currently the profit of the company is less than R50 000. He has no other income. The PTY is registered for tax and and has submitted tax returns. The director is not registered for income tax. If he declares the R50 000 as his salary does he even need to submit a tax return as he is below the threshold?
Tax paying Freelance Artist / Independent Contractor
Posted 20 April 2016
I am a freelance artist, I want to work fulltime for myself, but can't be certain how much I will make or whether I would make any money at all. I am married in community of property. My husband is lucky enough to have an employer that takes care of his submission every year. I need to ask whether I should add my income to his submission or whether I should have my own tax number. I tried to enlighten myself by reading the Tax website,, but it's all greek to me, I can't seem to figure it out. I ...
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How is online income in foreign currencies taxed locally?
Posted 19 April 2016
Hi. I'd like to know how online generated income is taxed. I am a South African resident currently in the process of generating income in foreign currencies ( US dollar and the Euro). I do not want to break any tax laws, please assist me.
Must I pay tax on my income?
Posted 14 April 2016
Do I pay TAX or must I have a TAX number if my salary is R5000 p/m GROSS. Was told I need Tax nr to be registered by our company bookkeeper on payroll?
What is the PAYE on my salary of R5,906?
Posted 14 April 2016
My salary works out to R5,906. I contribute to a provident fund. What is my tax payable per month?
Invoice format while waiting for VAT number?
Posted 11 April 2016
Myself and my associates have just opened a restaurant. We formed a new company for this restaurant and spent R1. 2m on installations. It has been trading for approximately 5 weeks and has done about R600K in turnover. We are expecting to surpass the R1m VAT threshold sometime in April. We have already put in our registration application for VAT however we have not yet received our number, which might take a few more months. While we are waiting, what should our invoices to clients look like? Sh...
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Tax when working for different employers / independent contractor
Posted 6 April 2016
I am about to start 2 different half day jobs. In the morning I work for an organisation and in the afternoon I work for an individual. Should I expect the individual I work for to deduct PAYE or should I put it the PAYE amount away and pay it as personal income tax?
Employee tax - earning R 6773.76 per month
Posted 5 April 2016
I have recently employed 8 people, who each earn R5376 basic salary R 1397. 76 overtime allowance per month. When I enter these figures on the payroll system that I'm using, tax is calculated at R 94. 28.... I'm confused - Is this correct? I thought only people earning above R120 000 pa pay tax?
tax amount payable
Posted 5 April 2016
I am student currently doing my practicals,i am earning R6000 a month. They have deducted R1781. 25 from my salary. I want to know if is this the right amount that I need to pay?
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