Incorrect Information on SARS System
Posted 28 July 2015
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?
Posted 28 July 2015
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
Posted 28 July 2015
Can I claim medical expenses of my own but working as an independent contractor?
Tax amount increase query
Posted 28 July 2015
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?
Posted 28 July 2015
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?
Posted 28 July 2015
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
Posted 28 July 2015
I need to know what my Total Refund will be from the tax man?
Check if I have tax number
Posted 28 July 2015
I'm not sure if I have a tax number, check for me please.
How do I de-register as a Provisional Tax payer?
Posted 28 July 2015
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
Posted 28 July 2015
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?
Posted 28 July 2015
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?
Posted 28 July 2015
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
Posted 28 July 2015
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?
Posted 28 July 2015
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)
Posted 28 July 2015
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
Posted 28 July 2015
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
Posted 28 July 2015
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?
Posted 28 July 2015
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
Posted 28 July 2015
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?
Posted 28 July 2015
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?
Is the widow`s pension suppose to be taxed?
Posted 28 July 2015
I always told that I am owing SARS because of my widow pension, can you advice because SARS does not know how much must be taxed from my widow`s pension as is not enough to be taxed.
Do I charge VAT?
Posted 28 July 2015
I am offering a service to a company that is in Durban for a whole week. My accommodation and transport costs are billed to the client. My question is that does the accommodation costs attract output VAT for my company. Do I charge VAT for the accommodation billed to the client?
Entertainment allowances exceeded
Posted 28 July 2015
If an employee receives an entertainment allowance in advance and he goes and incurs expenses over and above the allowance and keeps records of this, what happens to the additional expenses?
Can dependent claim Medical Aid portion they pay?
Posted 28 July 2015
If my spouse pays her portion of the Medical Aid (and half of our child's medical aid), can she claim this back from SARS, even though I am the Main Member? Obviously when I submit my tax return it would be less this portion.
Car allowance for not owned vehicle
Posted 28 July 2015
I am receiving a car allowance as I am using my own car and am a sales rep. The car is not in my name, it's in my brothers name, but I am paying him an amount of R3200.00 per month. SARS requested me to send them the lease agreement or similar in order to complete my audit, what can I sent to them?
I also entered the cost price on my SARS eFiling as R150000 instead of R105000, how do I get that corrected?
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