What is my tax number?

Written by Marc
Posted 19 May 2014
I am presently working for edcon and I think they do deduct tax from my salary but I can't see my tax number on my payslip.
How much its tax on R7500.00?

Written by Marc
Posted 16 May 2014
How much its tax on R7500.00?
Deased lump sum.

Written by Marc
Posted 15 May 2014
My husband passed on 2011 September and I had a lump sum paid out to me should I submit those statements at SARS?
My Medical aid Out of pocket amount is R13000 results in how much deducted from my taxable income?

Written by Marc
Posted 15 May 2014
My medical aid out of pocket amount is R13 000
How much of this comes off my taxable income?
Does the tax threshold change when you quit your job and begin your own small business from home?

Written by Marc
Posted 14 May 2014
Dear Tim,What happens to the tax threshold for when one is obligated to pay tax (R63k) when you work for a company for the first few months of the financial year and then you quit to start your own venture from home. Does the threshold change? Since I am working for myself my expenses will change as now I will incure the cost of running my business from home and will have to set aside money for my medical aid, retirement fund etc. as this will no longer be paid by my employer.
What can I do to get my tax number?

Written by Marc
Posted 14 May 2014
I working for construction company so I want to know if I'm registered?
Travel Allowance but l do not have a logbook?

Written by Marc
Posted 12 May 2014
I have been receiving a travel allowance since Aug 2013, however l have not kept a logbook but all the petrol slips as I was not aware of the process. Please advise on what l should do next????
is the % deduction for uif still 1% even if you get paid over R35 000pm

Written by Marc
Posted 12 May 2014
What is the basic % deduction for UIF on net salary of R35 000 and more per month ???
Tax payment?

Written by Marc
Posted 12 May 2014
What causes one to receive correspondence from SARS?
Provident fund withdrawal tax implications (retrenchment)?

Written by Marc
Posted 12 May 2014
I'd appreciate if you could confirm that a provident fund withdrawal is tax free (up to 315k?) if one gets retrenched?
What do you mean by include employment income? Would that be your salary?

Written by Marc
Posted 9 May 2014
On the IRP6 form for (Turnover) what do you mean by include employment income? Would that be your salary?
Travel Allowance - claim for tax?

Written by Marc
Posted 7 May 2014
I receive a travel allowance set monthly amount from my employer. I do not have a vehicle but use a car pool to travel to work. I am taxed on this amount monthly. Can I claim this on my tax return as I have no logbook but I do travel to work about 25000 km's a year.
Travel reimbursement proof?

Written by Marc
Posted 6 May 2014
Do I need to provide proof to SARS when I submit my IRP5 if I get travel a monthly reimbursement from my company.i.e code 3703?
Tax on Foreign income

Written by Marc
Posted 5 May 2014
I am receiving and will be receiving a maintenance settlement every month for the next 15 years from UK in the form of a cheque in British pounds. What procedures do I follow when declaring this and or submitting my tax return? I have a letter which accompanies the payment every month from the courts in the UK. Any help is appreciated.
Should all travel claims for staff members be included on payslips and on their IRP5?

Written by Marc
Posted 5 May 2014
Should all travel claims for staff members be included on payslips and on their IRP5?
Voluntary VAT registration

Written by Marc
Posted 4 May 2014
My business has been operating for 3 months and I have managed to supply taxable goods to the value of R50 000. Can I register for VAT voluntarily or the business needs to be operating for at least 12 months? Will SARS accept invoices as proof of turnover even though I have not received most of the payments into my account, will I also need to give SARS a copy of my bank statement upon application?
How do independent consultant pay tax?

Written by Marc
Posted 1 May 2014
I work as an independent consultant for two organisation. I basically invoice these organisation monthly for work done. The contracts are structured in such a way that I should be paying tax myself. However, I only started this year, but am not sure whether to register as a provisional taxpayer or not. How do I go about honouring my tax obligation?
How much tax is my company allowed to deduct from my salary?

Written by Marc
Posted 1 May 2014
I would just like to know I earn R96k per annum, plus occasional overtime, commission and performance bonus of - R1000 on occasion, how much is my company allowed to deduct for tax every month from my salary. I am a registered tax payer.
how much tax will a business pay on r100000 profit an if a salary is paid to me,must I pay tax?

Written by Marc
Posted 30 April 2014
I will be starting a business soon, I just wanted to know, if the business earns more than R10 0000 profit a year, what will the tax amount be? an if I pay myself a salary from it will I have to pay tax on it?
May I get a PAYE tax calculation table?

Written by Marc
Posted 30 April 2014
When does an employee qualify to pay PAYE?
Is it possible to get a tax calculation table for PAYE?

Written by Marc
Posted 30 April 2014
Is it possible for an employee to get a PAYE calculation table? If yes can you send it to me?
Tax Deduction?

Written by Marc
Posted 30 April 2014
I have been paid by my employer from Sept 2013 till Feb 2014.
I would like to know what would be the tax deduction for the total gross income earned in FY 2013-2014 .The income earned was R336 267.
The tax deduction has been R89 545 which I would like to know if it's correct or it's more?
I am not registered as a taxpayer?

Written by Marc
Posted 30 April 2014
I recently lost my job and, I have started my own business. I work alone but in the feature I will have to employ 2-3 workers. What I want to now is must I register my business as a PTY company? I am not register as a taxpayer. Must I register as a tax payer? I started my business 3 months back and I make R5600.00 ?%u20AC%u201C R9800.00 p/m?
Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?

Written by Marc
Posted 29 April 2014
Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?
Tax percentage in South Africa?

Written by Marc
Posted 27 April 2014
I would like to find out about tax percentage?
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