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Latest Posts in Tax Q&A

Where on the tax return do I put in my retirement annuity?

  Written by Evan  

I have received my tax certificates from my financial institution. Where do I put the figures down in my tax return for retirement?

Invalid codes 3713, 3801 and 3702 on IRP5

  Written by Evan  

I did not receive a travel allowance, but on my IRP5 there is R25,000 with the code 3713. Any travel I did for the employer I claimed back as a reimbursed claim. Is the R25000 correct? Additionally, there are codes for 3801 and 3702 which I believe are incorrect. Can you clarify what these might be for?

How do I calcuate the medical aid tax credit on e filling? I'm the only member on my medical aid.

  Written by Evan  

Good day, I am the only member on my medical aid, the company contributes R830 and I contribute R257 Discovery and R169 for Vitality on a monthly basis. Do I quality for Medical aid tax credit, if yes how do I calculate it?

Download tax return from TaxTim to file manually

  Written by Evan  

Hi,

I cannot seem to download my tax return for 2015 after filling it in. I have paid already. It wants to keep signing into sars. Is there a way to overcome this?

Thanks

Reference number - is it my income tax ref or my PAYE ref?

  Written by Evan  

I am not sure which number to use as my Tax reference number. The Income Tax Ref no and PAYE Ref No is available. My other question is: I received two IRP5's. Do I add the amounts for the different codes?

Incorrect Information on SARS System

  Written by Evan  

Hi, my date of Birth, nature of person, Cell No & country of origin on my IRP5 is incorrect. I only noticed it last year when I was standing in the queue at SARS. I submitted with no problem, this year my Company corrected my details. I tried to register for efiling, but they state that the information they have on their system does not match with what I have entered when registering. Please help, what should I do? Should the company do anything from their side to correct the information tha...



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Do I qualify for Turn Over Tax?

  Written by Evan  

I am a salaried worker paying annual tax. I also do part time photography on weekends. Can I register my photography business for Turn Over Tax? My annual turn over ranges between R150k-R300k. I have read all the qualifying questions for Turn Over Tax and qualify, but the question is; Is photography deemed as a professional service? It is not listed specifically in the SARS professional services.

Medical contributions as an independent contractor

  Written by Evan  

Can I claim medical expenses of my own but working as an independent contractor?

Tax amount increase query

  Written by Evan  

Hi, I got a salary increase in January 2015 and my tax increased as well. Do I submit the old tax amount or the latest amount?

Do I qualify for return on the tax I paid?

  Written by Evan  

I was retenched in 2013 January and collected my provident funds in 2014. I collected R50,000, total was R80,000 and paid tax of R30,000. Do I qualify for a return?

Will tax returns from previous years be counted?

  Written by Evan  

Hi I worked for more than five companies and I never claimed my tax, will those past years be counted?

Total refund from tax man

  Written by Evan  

I need to know what my Total Refund will be from the tax man?

Check if I have tax number

  Written by Evan  

I'm not sure if I have a tax number, check for me please.

How do I de-register as a Provisional Tax payer?

  Written by Evan  

I am registered a Provisional Tax payer, but I am now retired and will not earn enough to pay provisional tax any more. Do I have to de-register or can I simply stop doing provisional returns? The last one showed zero tax due.

Filing before efiling officially opens

  Written by Evan  

Good morning. I see that my IR5 data has been loaded on efiling. What will happen if I submit my return before the 1st July 2015?

Is MPS (Medical Protection Society) tax deductable?

  Written by Evan  

Is MPS (Medical Protection Society) tax deductable? Where does it go on an IRP5?

Do I have the right to claim tax for the last ten years or not?

  Written by Evan  

I would like to ask if I work for company for 10 years, now resign and am not working there, and pay as you earn was deducted - was I supposed to claim or not?

Tax Refund for people on work permit leaving the country forever

  Written by Evan  

I am a non South African passport holder and have been working in Johannesburg on work permit from January 2014 till June 2015. I have left the country in June 2015. So my question is how do apply for a tax refund for the tax that was deducted in the months of April'15, May'15 and June 2015. The return would obviously be required to be filed now in the next year i. E. 2016. So is there any way that I could claim the refund now ?

Thanks

How best to set up my photography business with regards to taxation?

  Written by Evan  

Hello Tax Tim I work as an analyst full time; and in my free time I follow my passion for music and photography and take photos at festivals, clubs, pubs and other events. I have been building up a profile over the past few years of my work and now I have artists and their relative management agencies showing interest in procuring some of my images.

I have not registered a company yet, nor have I sold any images as I first want to ensure I set up my "business" and contract documents correctly so my clients and I are covered fairly and equally...



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Medical expenses for disabled husband (non Medical Aid contributor)

  Written by Evan  

Hi there, My husband is disabled and I do not have medical aid but I pay for his chronic medication and doctors visits out of my pocket for the year. This amounts to between R 25 - R 35,000 p/year. Am I able to claim anything back against this medical expenses? Under code 4020 perhaps? My annual income is between R 180000 - R 200000 p/ year. (7. 5% = - R 13,5 - R15000) - Can I claim the difference in expenses without being on medical aid? Thank you for your assistance in this regard.

PAYE deduction differs from tax tables

  Written by Evan  

Hi, I have been looking at my PAYE Deductions from my employer and comparing them to the published PAYE Tables from SARS for each relevant year. I even tried to use your tax calculator which also gave the me the SARS Taxtable PAYE deduction amount. I have noticed that in the Payslips we get generated from Pastel Payroll, the PAYE deductions are roughly R150-R220 higher than the same Taxable salary deduction amount according to the SARS Tax table. I know 150 odd Rand doesn't seem like much but ov...



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Correct PAYE deduction by employer

  Written by Evan  

Hi Tax Tim, My gross salary is R7625. PAYE of R866 was being deducted from my salary for the 2015 tax year. I am aware that more was being deducted than necessary. Please advise what should have been deducted and how this will affect my tax return?

Two employers. Do I have to register as a provisional tax payer?

  Written by Evan  

I receive an income from two employers. R10 000 from the one, who obviously deducts PAYE and R4500 from the other, who does not deduct PAYE, as the amount falls under the threshold.

Do I have to register as a provisional tax payer or can I register at the end of the year when assessments are due? I have never registered to file a tax return before, as my income has always been exempt from having to file tax returns. This will be my first time filing a tax return.

First time provisional tax payer

  Written by Evan  

I have earned a additional income for doing sideline work in computers. This is the first time I have done something like this and think I need to register for provisional tax (feedback that I got on your website from answering the questions). How can I get this done effortlessly as I need to pay my first provisional tax installment for 2015 on 31 Aug from what I understand.

3 work related expenses, where do I allocate them and how much?

  Written by Evan  

I spent R4 085.53 on vehicle maintenance tyres, 25/08/2014. I spent R25 748.85 on cellular bills, at least 60 to 70 percent of this annual bill was work related (14/15). I spent R5 553.44 on vehicle insurance for the year (14/15).

My question is, where would I associate these expenses to?
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