Do we need a tax directive to avoid paying PAYE due to working out of the country ?
Posted 31 March 2014
My husband works out of the country and in 2013 was in Moz for 63 consecutive days, meaning he shouldn't pay PAYE in SA. How is this worked out in the system? Should he be paying monthly PAYE, and refunded at year end, or does he need to apply for some sort of tax directive from SARS? He has been invoicing the company, who have paid him in SA but there are no payslips or PAYE deductions. Now we are applying for a homeloan, they want payslips.
do I need tax nr for pension fund
Posted 31 March 2014
I worked for 7 years for a company. And use to pay into a provident fund. My salary was R2700. I left the company for better pay. But I need my provident fund to pay out my money. Now they tell me I need to go to SARS for a tax number before they will complete my forms. I never payed tax because I earned so little. Please help me what shall I do.
What is the maximum split for company/employee toward a medical aid contribution?
Posted 30 March 2014
What is the maximum split for company/employee towards a medical aid contribution? If medical aid costs R6 741 per month in total - what is the maximum a company can contribute? Using pastel payroll, how would this be entered - is it classed as medical aid fringe benefit (code 6172)? How is the new medical aid tax credit entered for 2 people in payroll?
I have to borrow money from a friend to make ends meet, how do I get back on track with my tax?
Posted 30 March 2014
I used to be permanently employed, paid the normal PAYE every month, and all that. I dutifully submitted my tax return every year and got my refunds from SARS very promptly. I then left the company and did a brief stint at another firm whose business was totally unrelated. I then decided to go on my own and start working as an independent. Things didn't go as well as I'd hoped and I didn't earn enough to support myself and my children, let alone, pay any tax. A friend has been helping me to make...
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If I have worked before does it mean I do have the tax number?
Posted 30 March 2014
I have been employed and never have enquired about my tax number. Does it mean I have a tax number.
What are the start and end dates of tax year 2013?
Posted 27 March 2014
Is the period 1/3/2012 to 28/2/2013 SARS's 2012 tax year or 2013 tax year?
Should I be paying tax and at what rate?
Posted 27 March 2014
I'm earning R3000.00 should I be paying tax?
Do I get tax back on my provident fund withdrawal?
Posted 26 March 2014
Hi I received provident fund amount last year early in July and I would like to know if I can claim back any of the tax paid.
"Temporary expat" liable for South African tax?
Posted 25 March 2014
I left South Africa in Feb 2013. I started a limited company in the UK in April 2013. Myself and my wife are shareholders of the limited company, we're paid a salary and declare dividends.We're now moving to Germany, I have 2 homes in South Africa... one of which is currently under offer. The other is occupied by a caretaker.I understand that I need to submit a "nil tax return" this year and for any other years that I'm out of the country, but am I liable for any taxatio...
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Should an annual salary be used rather than monthly on the calculator to ensure that a bonus is incl
Posted 25 March 2014
The TaxTim SARS income tax calculator does not make provision for a bonus/13th cheque. Should I just put the total salary including the bonus as an annual salary?
Tax reliefstructure salary for tax purposes?
Posted 25 March 2014
I pay medical aid for myself and 2 dependents
What deduction can I take monthly from my salary in this regards
The medical aid payment if R7000 a month as one of the dependents is over 21
What other benefitdeductions can I make on my salary to save tax ??
Can I pay tax in advance (est) without complicated forms.Then do forms annually and pay difference
Posted 24 March 2014
I always need to pay money to tax at the end of the year. I know it is about R 12,000. Or R1000 pm. Why can I not pay in say R1000 pm Estimate without filling in complicated forms, then fill in complicated forms once a year. I.e. pay in what I think monthly. i.e. accumulate tax credits via payments ahead of the final annual analysis.. i.e. just pay initially when I can afford, and pay in the difference after completing complicated forms at financial year end.
To register as an employer for tax purposes or not?
Posted 23 March 2014
If I employ a person who earns below the threshold, does the employee need to register for Income Tax or is it optional?
Do I need to fill out a EMP201 form regardless?
If I employ cleaning staff twice a week, would I have to have a EMP201 form or not?
Need to know what my deductions are before my earnings of R20500.00
Posted 23 March 2014
My new salary is R20500.00- thats what I get out. What will my deductions and PAYE be ? -GROSS SALARY?
Residents based tax - how does it work in SA?
Posted 22 March 2014
Hi Tim. I am currently a South Africa provisional taxpayer but will be leaving SA to work for a US based company for the next 5 years . I will be leaving on the 30 June 2014 but will receive a pension payment commencing 1 July 2014 from my current employer for the next 5 years payable in South Africa . I will also receive a bonus in December 2014.
I will be out of the country for more than the 183 days as well as the 60 day consecutive period . My question is as follows :
1. Is the monthly pension taxable...
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I earn a salary of R5350 R1519 of overtime no benefits, how much must I pay for PAYE tax?
Posted 20 March 2014
salary of R5350+R1519 of overtime no benefits, how much must I pay for paye tax?
salary of R5350+R1519 of overtime.
Posted 20 March 2014
Am earning net salary of R5 350, and getting overtime of R1 519 a month. What how much must I pay for paye tax?
Do I pay paye tax on my salary including overtime or on salary excluding overtime?
Tax on Voluntary Severance Pay?
Posted 19 March 2014
How is an employer suppose to handle a voluntary severance payout? What options must be chosen on application for tax directive. Does this falls under "Gratuities paid by an employer in respect of retirement, retrenchment or death" and will I be taxed accordingly?
Selected for a SARS audit?
Posted 19 March 2014
How to avoid being selected for a SARS audit?
Medical Tax Credit - 2015 Tax Year
Posted 19 March 2014
2015 tax year.
I pay R150.00 per month toward a medical aid fund for myself and my daughter (6 years).
Do I qualify for the full monthly tax credit of R257.00 X 2 = R514.00 or will this be limited to my actual monthly fund contribution?
Do I need t pay the non-compliance penalty fee with SARS?
Posted 18 March 2014
I registered with SARS in 2010 and have been filing ever since. I recently received a non compliance penalty fee for 2008 and 2009. It's only R500 (R250 for each year) Do I have to pay this if I wasn't even registered in those years and did not receive IRP5's from my employer then either?
I managed to get the IRP5's and I filed them last week but still am being told I need to pay the penalty fee.
If I am going to dispute it, will I be charged interest or more penalties whilst it is busy being disputed?...
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PAYE incorrectly stated on my IRP5?
Posted 18 March 2014
I submitted my tax returns via eFiling and got an assessment saying I owed SARS. The reason was PAYE incorrectly stated. How can I dispute this assessment and is it possible that you can assist?
Medical aid contributions and subsidies for over 65 years. how are these treated in 2015 year?
Posted 16 March 2014
76 year olds. medical aid contributions deductable? and medical aid subsidies taxable? 2015 tax year.
What sort of tax should I register for as an independent IT contractor?
Posted 14 March 2014
I'm an independent IT contractor working from home. I work for different clients at the same time. Some pay a fixed fee.
What sort of tax should I register for taking into consideration that I use my house, electricity, internet, etc?
Deemed disposal of assets after being away from SA for work?
Posted 14 March 2014
I have been given the advice that I would automatically be considered a non-resident if I spend more than 183 days and more than 60 consecutive days outside of South Africa by SARS and would therefore have my tax status changed to non-resident. SARS would then deem my assets as sold (even though I have not actually disposed of them) and I would be liable to pay CGT.
Is this the case?
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