Claim tax on training from employer

Posted 25 January 2017

My company is sending me on a payroll course, can I claim back the amount I had to pay for text books and traveling to and from campus?

Is TaxTim right for a film director that earns fees and profit share on each job?

Posted 24 January 2017

I am a film director and only get paid per job. Some years I earn a lot, others, less. And I have lots of deductions. Can TaxTim work with me to help me do what I need?

Statement of Account

Posted 24 January 2017

Received statement of account and it shows R0 indicating that an electronic refund is made 24\01\2017. Will I get paid on that date? Audit now days NO?!

Change of details after been audited

Posted 23 January 2017

I have submitted my return and my medical aid which I pay for my wife and child was disallowed. After carefully looking into the notes I found that I had incorrectly stated on my IRP that I am married out of community of property instead of in community of property. Please can you advise me on how to change this as I have already been audited and I cannot request a correction?

Claim for nursing home?

Posted 23 January 2017

I pay the nursing home my old aged father stays at, can I claim this expense on my return as he is my dependent on my medical aid?

Can I claim full depreciation on a broken cellphone?

Posted 23 January 2017

I had a cellphone that I was calculating depreciation on. However the phone broke and I now have a new phone which I will claim depreciation on. For the previous phone, am I able to claim the remaining deprecation amount (that I would have been claiming on in coming years) in the current tax year?

Import VAT claim

Posted 23 January 2017

I have just registered my pty Ltd this January 2017 and I need know what tax should I collect for SARS when invoice clients for the products I will be selling. When I registered my company at CIPC I received a doc from SARS for the company named income tax., do I use this when invoicing on the place of VAT is this the inc Me tax I should collect for SARS from clients? Thanks

Can I still submit old returns for a company?

Posted 23 January 2017

If a company has not submitted a tax return since 2012, should it go online and submit returns or apply for voluntary disclosure?

Can I claim back the tax I pay on my travel allowance?

Posted 23 January 2017

I have a code 3701 on my IRP5, can you tell me how the tax is calculated on the amount please?

Can a contract worker claim tax back on a home office?

Posted 23 January 2017

I am a contract worker earning an hourly rate. My income differs each month depending on the hours worked. I work from a home office. What is considered to be deductible expenses?

Can I claim for all 3 vehicles I used on my tax return?

Posted 20 January 2017

I've changed cars during the tax year, how should I handle my travel allowance calculations and log book?
1) How would I should I go about maintain my log book? should I keep a different one for each vehicle. 2) I have also leased a vehicle whilst waiting for my new vehicle, how should this be recorded?
3) How should I cater for my new Vehicle in my tax return if the new vehicle cost is greater than my old vehicle?

2016 audit and provisional return, does this delay my refund?

Posted 20 January 2017

SARS is busy auditing my 2016 return, if I only submit my IRP6 for 201702 at the end of February 2017 will this delay my refund for 2016 being paid out?

Medical problems

Posted 20 January 2017

I forgot to claim my medical expense I had in 2015, can I just add this to my2016 medical expenses?

Tax on commission only

Posted 18 January 2017

Can you tell me how tax on my commission is calculated please?

Pension contribution can I claim for it?

Posted 18 January 2017

If I contribute towards a pension fund via my employer, can I get a tax deduction for it?

How is income taxed on a shared property?

Posted 17 January 2017

My wife and I have a property registered in both of our names that we would like to rent out. Will this income be taxed in both of our names (i. E. 50% to each of us) even if the actual income is only deposited into my bank account?

Tax refund on a bonus

Posted 17 January 2017

I received a sign on bonus in the year 2017 provided I do not leave in 3 years. Now I am leaving the company in 6 months and paying it back. I will be leaving in the next tax year. How do I claim back the tax on the amount

How do I pay tax on my foreign earned income?

Posted 26 December 2016

If I work for a USA company and earn e.g. $65,000 per year and the company does not have a brand and or is not registered in South Africa, what is the tax process?

I imagine - (please correct me). I receive full amount monthly and need to register as a provisional tax payer and pay SARS normal PAYE twice per year? Note I will not be traveling more than 183 days per year. Is there a possible benefit of registering a business and paying myself from the business a lower amount?

Can claim depreciation for my personal car?

Posted 14 December 2016

Is it possible for me to claim depreciation for using my personal car to go to work? I do not receive any car allowance.

Do I need to declare tax on bitcoin earnings as a non-resident?

Posted 7 December 2016

I am a Temporary resident in South Africa using a work permit. I have a permanent Job and pay income tax from my salary. I however started trading different gift card codes in the US and UK online for bitcoins and have made a lot of profit in the last 8 months(well over R100k). These funds were in bitcoins which I later withdrew to my Absa account. Do I need to declare tax on these earnings as I am a non resident.

Does SARS allow anyone to claim medical deductions?

Posted 30 November 2016

My wife and I are married out of community of property and we are both normal salary earners. My wife is the primary medical aid member and pays the premiums from her account. She claims all our medical expenses with her tax return and usually get a significant amount back. Would it make sense to split the medical costs in half and each claim that on our tax returns? Or if one of us earns more than the other, who should be making the claims/be main member (especially if one of us falls marginall...

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Can I adjust my ITR12 once it has been submitted?

Posted 28 November 2016

I have submitted and received a refund for filing my ITR12 (due by end of Nov 2016). I have been made aware that I could have claimed back on a loss on a property (rental not covering the bond) and wondered if there was a way I could adjust and resubmit this form?

How do I declare my income from freelance writing?

Posted 28 November 2016

Hi there, I just wanted to know which fields I should fill in/select. I'm a freelance writer and want to declare my income from this work (in addition to full time income).

This query relates to question 4283 "Please add up all your business incomes and then subtract all your business expenses, as declared here. This will tell you if your business made a Profit or a Loss. Using the business code table, please enter the applicable 4 digit profit / loss code that describes your ...

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Can I claim the interest I paid on the bond for both my properties?

Posted 25 November 2016

Originally my primary residence (property A) had less than R10,000 remained on the bond. When I bought my rental property B, I borrowed money from my bond for my primary residence (property A) and put that full amount into the rental bond (property B). This was to reduce the interest charges on the rental property (B),given Property A has a lower interest rate than Property B. How do I show SARS that the interest charged on Property A and property B in both bond counts against the renta...

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I pay annually to be registered with a professional body (nursing) - can I claim this back?

Posted 25 November 2016

I pay annually to be registered with a professional body (nursing) - can I claim this back?
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