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Salary / IRP5 Posts in Tax Q&A

Can we claim if we pay for our uniforms?

  Written by Marc  

We are wearing uniforms at the medical practice where I work and we are spending money on this monthly can we claim from SARS for this?

Assistance with Taxpayer move request

  Written by Marc  

Tax payer move request. There's no override option, to override the move if you can't access the tax payers forms

Unsure about the two IRP5 FORMS from different employers.

  Written by Marc  

I want to know what the procedure would be for my IRP5 FORMS because I have two from different companies. The company I worked for has given me one and the new company has given me one. I did not have a rest period in between jobs so how do I submit tax?

IS A PENSIONERS MEDICAL AID SUBSIDY TAXABLE

  Written by Marc  

IS A PENSIONERS MEDICAL AID SUBSIDY TAXABLE

Does a "Statement of Account: Assessed Tax" mean the process is complete?

  Written by Marc  

My original tax assessment was submitted on 29 July. SARS requested for supporting documentation and this was uploaded through eFiling on 30 July. On 6 August a document named "Statement of Account: Assessed Tax" was uploaded to my eFiling profile, but I have not received any notification or payment from SARS. Does the Statement of Account mean that the process is now complete? I have always received my refund within a matter of days, but it is now 12 days later and I haven't heard anything from...



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Is my travel allowance too high for tax purposes?

  Written by Marc  

Please help, I receive a fixed travel allowance of R9400pm (car R4400 fuel R5000) under code 3701 which is taxed at 80% by my employer. My cars value is 160K and I do approximately 45K a year (12-15K personal) I keep a logbook. Will this be regarded negatively by SARS and more importantly would I possibly have to pay in an amount?

I'll pay the amount in months to SARS?

  Written by Marc  

I owe sars 2200 how do I pay that amount cause I dont have cash. i'll pay that amount in 8months

I want to request my 2010 return on eFiling?

  Written by Marc  

How to access my 2010 tax on eFiling

ITR12 Tax Return Source Codes?

  Written by Marc  

Where will I find that my employer used the correct codes. 3601, 3703, 3713, 3714?

Can attorney's fees be deducted against rental income?

  Written by Marc  

I bought an investment property in the 2014 tax year, which I currently rent out.
In the process of buying the property I paid the transfer attorney fees of R10 620 and the bond attorney R12 963.
Am I allowed to include these amounts in my ITR12 tax return as Local Business Expenditure under Legal Fees or some other category?

What is my income tax number?

  Written by Marc  

My income tax number please?

Can I get a tax number as a foreigner

  Written by Marc  

What can I do to have a tax number?. I am a foreigner and my our company had been deducting tax from my salary for a year now.

Why am I not receiving my refund from SARS?

  Written by Marc  

I submitte my return but they didn't pay me

Does electronic refund shows my funds are coming

  Written by Marc  

What does it mean if my statement of account reads electronic refunds" showing a date for tomorrow? i.e. checked today, 15/08/2014 and electronic refund shows 16/08/2014. does it mean that my refund will reflect in my bank account tomorrow, 16/08/2014?

Taxation of individual shares versus unit trusts?

  Written by Marc  

If I purchase equities, as I understand it, I will need to hold each share for at least three years for any profit to be deemed capital (CGT) and not revenue (full profit included in taxable income.
BUT - if I purchase unit trusts, as I understand it, I can sell them at any time (no 3 year waiting period), and only CGT will apply.
Is my understanding correct, or does the three year rule apply to unit trusts as well?

Tax Free Unit Trust Investments?

  Written by Marc  

Is there any other tax saving unit trust that one can invest in other than an RA or Pension fund. I heard there is a R 30 000 pa allowance if you invest in the right unit trust (or is this from 2016?)

Request IRP5 forms from 2010 up to date?

  Written by Marc  

I am assisting my elderly father to get his IRP5 forms from 2010. what do I need to do?

When am I getting tax refund from SARS ?

  Written by Marc  

I have already submitted my request for the year 2014 but did not receive money from SARS as yet, I have scanned and emailed through the documents and 21 days is over since.

need to submit another irp5

  Written by Marc  

Could you please help me? I am registered on eFiling and received a ITR12 from my previous employer submitted on eFiling, I filled in all the details and submitted to SARS and was assessed and I received a refund. Now I received a IRP5 from my current employer but is not submitted on eFiling by them. Can I submit this IRP5 on eFiling and if so how do I do that?

How do I obtain IRP5 form from previous employer?

  Written by Marc  

I called SARS helping line yesterday to ask about my tax number only to find out that an agent I have worked for last year early for only a month has registered me. So now I have been told to submit an IRP5 form at SARS but where do I get this form now cause I've only worked with that agent last year June and that was it.

Do provisional tax payers that have PAYE deducted and paid over monthly have to submit 1/2 year retu

  Written by Marc  

If I am a provisional tax payer and my company pays my PAYE over to SARS on a monthly basis, do I have to fill in the half return. Can I not just state that PAYE is deducted and paid over monthly. I earn dividends and some interest over and above my monthly salary.

Are ex company 50% share of med subs taxable in hands of retiree of over 70?

  Written by Marc  

I AM OVER 70 AND RETIRED . IF MY EX EMPLOYER PAYS 50 % OF MY MED SUBSCRIPTIONS MAY I CLAIM IT.S SHARE TOGETHER WITH MY SHARE FOR TAX PURPOSES SAY FOR THE LAST 3 YEARS THANKS?

Full time with extra income tax bracket query

  Written by Marc  

I am a full time employee, but I recently earned extra income by doing freelance work. The income earned from my freelance work was not taxed before I received payment.

How do I calculate the correct amount to keep aside for tax from the freelance income?
I understand its something to do with adding my full time taxable salary with the income from freelance work, but there is potential that I may fall into a new tax bracket, is there a formula that I can apply to derive the corr...



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How much PAYE should I be paying?

  Written by Marc  

I think I'm paying too much PAYE, what should I do?

How to correct wrong address in your IRP5 form?

  Written by Marc  

I get my IRP5 from my employer but it came with wrong address, how do I correct that?
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