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Salary / IRP5 Posts in Tax Q&A

TAX ON BONUS



IF MY SALARY IS R4500-00 IT IS BELOW THE TAX BRACKET SO WHEN I GET MY BONUS WHICH IS DOUBLE MY SALARY SHOULD IT BE TAXED?

Non-resident tax qualification and documentation



I am a South African citizen, employed by a South African company, which has subsidiaries across the continent. I am being paid out of South Africa, into a South African bank account. I have been seconded to work in East Africa for a year. On my salary, regular PAYE and UIF are being deducted. I plan to spend a minimum of 183 full days (including 60 consecutive full days) out of the country. What else do I need to qualify for the non-resident tax exemption? Are there any particular codes on my p...

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Tax for R29 000 monthly



What would be my tax obligations if I earn R29 000 monthly?

Changing of bank details?



How can I change my bank details if status is not valid on my eFiling profile?

Tax deductions on different salaries



I have had 3 jobs for this tax year, 2 permanent and 1 temp. I've had tax deducted on all three salaries. Will this affect my submission for this year? And how will it be taxed seeing that my salary increases with every job as well as my deductions.

Capital Gains Tax - is it applicable to an immovable property acquired before marriage?



My wife owned and lived in her flat before our marriage. Since our marriage, my wife moved into my dwelling. We have heard that should she now sell the flat it will be subject to Capital Gains Tax ! We are married out of community of property and excluding the accrual system. My wife current earns R156 000 per annum. Please advise. Best Regards Peter

Unemployed wasnt paying tax



If I have not been working for the past 2 years, will I still be expected to pay tax

Deduction for SARS tax returns?



For my deductions what documents do I need to have all ready

medical aid contributions
RA/provident fund contributions
invoices for any Cell/laptop/equipment required for work that was not remunerated back to me

and what else ?

I have a RA with Discovery of R16k, how much tax back can I expect?



I have a RA with Discovery of R16k, how much tax back can I expect?

From freelancer to permanent - when/how do I apply for my refund?



I freelanced for a while so I paid provisional tax from last year August 14 to Jan 15 and then again Feb 15 to Aug 15 (overpaid a few invoices accidentally). I got a full time permanent job since 13th April. When can I apply to get a refund from the provisional tax and some overpaid invoices please? And how do I go about this? Thanks!!

Can I do tax returns for 2009 till 2012



I worked for Miladys from 1st of october until July 2012, I have never done tax returns when I worked there does it fall away or can you still full in your tax returns for that time?

From which income amount per annum must I pay tax?



Can you please tell me from which amount per annum (salary) does I have to fill in a tax form?

Can I register and get my tax number online?



I have not yet registered and gotten my tax number is there a way to do so online as I have no time to physically go in the sars office.

Why they can't give you all tax return if u applied



I want to know that is right time to submit IRP5 and I want to know about the money that was from pension fund for my previous companies can get also to my tax return for this year?

If I take medical aid how much will my tax reduce?



How much do you reduce on tax if a person has medical aid?

On R1100 tax deductiong every month how much SARS can refund me?



If I have R1100 tax on my salary every month, don't have medical aid or other deduction how much can I get when I submit my tax and return?

Can you deduct a loan for tax purposes?



Im not a credit provider. But what happens if I borrow a friend from my salary a substantial amount of money and he doesn't pay me back. Can I add that as deductible expense?

Does PAYE tax consider basic earnings?



Let's say I'm earning R3500 a month. Is that money qualifying for a PAYE tax? In short what should be the basic earnings for one to qualify PAYE tax?

My tax number please help me with it?



I forgot ma tax number can u remind me plz

Pensioner, 67y of age-i.t.o 2015 tax year- Calaculation of med aid contributions and deductions?



I am 67 years of age and a pensioner. In terms of the 2015 tax year how is the deduction in terms of Medical Aid contributions been calculated. Example:
Annual contributions to my medical aid fund = R24,000
Med expenses (Dr precriptions) paid out of my pocket = R2000
Previously in terms of my age above 65y, I have deducted my med. Contributions premiums, as well as my med expenses paid out of my pocket(prescriptions) as well as med expenses paid by myself and reflected on my medic...

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Transfer of benefits from one fund to another



I resigned from my previous employer in 2006 and defer my pension at ABC Pension Fund. I join a new employer and contributed to their pension fund, XYZ Pension Fund. I am now 56 years old and want to resign from my current employer to do voluntary community work. Can the withdrawal benefit from XYZ Pension Fund be transferred to my deferred pension at ABC Pension Fund tax-free, as I don't want to go on retirement before I am 60.

Erroneous Payments and IRP5



I've been overpaid erroneously for a year . My employer wants the monies paid back in full. Roughly a third of the amount was taxed and appears on the IRP5. Must the IRP5 be amended by the employer, while we sort out the pay back arrangements?

If I buy educational toys and build a structure for a community creche will I still get taxed?



I''m working for government for about 5 years and I do pay tax. I want to know that is it true that if I help my community with something will I not get taxed? example , let me say I help a community creche with building structure, and buying of educational toys for them. Will I still get taxed?

PAYE evasion



What happens if someone is not paying the correct PAYE to SARS and they are doing this intentionally?

Will SARS be able to assist me with the documents since nashua mobile has closed down?



Nashua closed down and where can I get my IRP5 as I need to submit to SARS for audit?
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