Sequestration and Business Vehicles

Posted 13 May 2016

If I have been declared insolvent, can I still make claims against the business use of a vehicle if not registered in my name? For example, I make use of a vehicle registered in someone else's name, but I still make the payments as I am the driver of the vehicle for business purposes. Also, what if exemption was granted and I kept my vehicle, will I then still be allowed to claim against the use of my vehicle used for business even if I am sequestrated?

Do you submit to SARS on clients behalf?

Posted 13 May 2016

Do you provide a service, whereby you do the submissions on my behalf, like what my broker does?

Tax on rental income

Posted 12 May 2016

I have a friend that wants some advise, she owns a business, her husband owns a business. They own property where tenants live. My question is, if they married in community of property who should declare that rental income.

Can I net off rental income against my rent payments?

Posted 11 May 2016

I am receiving rental income on my primary residence and am paying rent to stay in another apartment. Obviously I need to declare the rental income but can any of the rental I am to paying out be set off against this income?

Am i due for a tax refund?

Posted 11 May 2016

I want to know if SARS owes me money

Tax calculation

Posted 11 May 2016

Tax applicable to monthly salary R29,024. 00 for a period from 3rd Nov'15 to 29th Feb'16

Tax Directive

Posted 11 May 2016

How long does SARS take to issue a tax directive?

After a tax directive is issued, how long can it take for funds to be paid into one's bank account?

Can I get a tax refund?

Posted 10 May 2016

In 2014 I was working on campus, and I recently found my payslip from 2014 December showing that I had earned a gross payment of 6540, whereas I only got paid 4340 in my bank account... Could this mean I was taxed? and is it still possible to get refunded?

How much tax for R100,000 sign up bonus?

Posted 10 May 2016

I joined a company which agreed a sign up bonus of R200 000 of which 50% (R100,000) would be paid in first month. And this sign up bonus is taxable, so how much tax would be deducted on my first payment of R100,000?

Can TaxTim update my banking details at SARS?

Posted 10 May 2016

I am unable to go to SARS to update my banking details etc Can TaxTim do that for me?

Estate duty and tax on a property held within a company

Posted 9 May 2016

What taxes are due on a property owned by an individual when the person dies?
What taxes are due on a property owned by a company when a shareholder dies?

Donation to a pbo

Posted 9 May 2016

Where do I find the public benefit organisation's donation certificate registration number? I do not have such a document.

SARS has not paid my refund due since 2013

Posted 9 May 2016

SARS has still not paid me my credit since 2013 and also not the credit built up for the following years. They do add interest to the outstanding balance but do not give any reasons why they do not pay out the credit despite all our requests. What could be the reason for this and what other avenues can we try to expedite this problem?

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?

Can I dispute a claim from a few years back?

Posted 6 May 2016

I believe I qualified for a exemption on my tax a few years ago (around 2011/2012) - out the country for more than 183 days with one trip more than 60 consecutive days all for work purposes. My tax consultant at the time said he submitted all the documents, but when I went to SARS they said they had not recieved them. I handed them in at SARS and they requested further information which I submitted. They then requested further information which I then got so frustrated I decided to give up on th...

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SA pension taxed in Mauritius

Posted 6 May 2016

According to the SARS website if you are a resident of Mauritius you can apply for a directive to have your income from a South African pension to be taxed in Mauritius provided you supply proof of being a registered tax payer in Mauritius (part of the DTA agreement). Please can you confirm this as the difference in tax rates between the 2 countries is huge.

tax liability on a small business income

Posted 6 May 2016

My turnover for my small business was R2 610 525
my loss after expenses was -R793 994
how much tax must I pay?

tax liability

Posted 6 May 2016

Is it possible to pay 25% TAX on a R8 500 salary when you are not employed on a permanent basis as yet?

I haven't received my refund for 2014

Posted 5 May 2016

My original 2014 assessment showed a refund due but it was never made. How do I go about requesting SARS for the refund?

What documents to submit when I use TaxTim to submit my tax return?

Posted 5 May 2016

I am a Sole Proprietor and have signed up for individual tax and provisional tax with you. With regards to my Tax documents, can I send you my bank statements and slips, as well as a summary of my payments on an excel document?

tax refund and deductions

Posted 4 May 2016

Hi I have never submitted anything for tax so need to find out if there is something to claim I've been full time employed from 2007 and never submitted anything should I have done and what is the procedures, I do pay tax on my payslip and pay half of my medical fund?

Changing of banking details-SARS Tax practitioners unit

Posted 4 May 2016

I want to change a clients banking details at a SARS tax practitioners unit. I understand that only the tax practitioner himself can change the banking details of a client on behalf of the client with a letter of power of attorney. I want to know whether an employee of the tax practitioner, with a mandate to act on behalf of the tax practitioner, can change the banking details of a client if the client himself also attends the SARS appointment with the employee of the tax practitioner?

Delay of payment of tax refund for 2015

Posted 4 May 2016

I submitted my tax return to SARS via SARS eFiling for 2015 on time. The Tax Calculator indicated that the amount of R7584. 18 was due to me. This was confirmed by the SARS Notice of Assessment dated 2 February 2016. I quote from the correspondence as part of the Notice of Assessment: Your assessment has been concluded and reflects an amount refundable to you of R -7584. 18. Please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any other balances on your account. The current balance on your assessed account is R -7729. 80. ((I am unsure of the full meaning of this))...

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How much will my tax refund be?

Posted 3 May 2016

Joe turned 65 in June 2015. He earned R240 000. 00 during tax year, and there was no other deductions from salary. He contributed R6 000. 00 during the year to private medical aid. And R30 000. 00 of other medical expenses. What is the amount he can claim on his tax return.?

How to treat NHS contributions made in UK on my SA tax return

Posted 2 May 2016

I was employed in the UK for 3 months during the 2016 tax year and had to tax return to SA for personal reasons. I do meet the physical presence tests for purposes of being taxed in SA on my income received in the UK. But, my question is whether I can take the NHS contributions made in the UK as an additional foreign tax credit against my taxable income when doing my 2016 SARS tax return? Both tax and NHS amounts were deducted from my UK salary but I haven't been able to claim back anything from...

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