I have a medical claim of R4500 which was not covered by my medical aid, can I claim this as a tax d

  Written by Marc   Posted 13 May 2013

Any cash payment for medical expences = e.g. a single claim of R4500 and another of R2400. Can these costs be deducted from my tax return?

I was late in submitting my returns and a penalty notice was issued.

  Written by Marc   Posted 12 May 2013

I was late in submitting my returns and a penalty notice was issued. I then (very quickly) finalised my returns which showed that SARS would owe me a refund. Does SARS deduct the penalty from my refund or do I have to pay the penalty first?

Does your provident fund contribution appear in my IRP5 or is there another term used?

  Written by Marc   Posted 10 May 2013

I can't see it on my IRP5.

SARS requested additional documentation but didn't tell me

  Written by Marc   Posted 10 May 2013

I am a provisional taxpayer... I work freelance and my income fluctuates. I've been doing my own tax through efiling for several years now, and have never had a problem. So this year, I send off my return on January 29 (yes, I know, leaving it till the last minute... every year I
promise I won't do that!!), and my assessment comes back, I'm owed R120.56. The amount is so small because I actually already did all the calculations in order to make my third provisional payment by the September deadline, so as not to incur any interest....

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I got an ITA34 notice of assessment, now what?

  Written by Marc   Posted 10 May 2013

My husband's work did his tax with the IRP5, they did all the years but not 2010 and 2011 so we submit them on the 25-04-2013 so the lady told as after we bring her the new bank details it will take 21 days to get the money so we did all that was ask but I know we have a penalty do we need to pay the penalty before we can get the money and today I got the letter in the mail its a ITA34 notice of assessment.

Bad boss not giving a raise

  Written by Marc   Posted 9 May 2013

So I figured out that my husband was registered for UIF and tax, but that he never filed an IRP5 to claim back.

His boss hasn't given him a raise in 3 years. I complained and after a lot of fighting and him wanting my husband gone...I think he was making an example out of him, he gave him a raise of...R200!!! It was supposed to go up with the new financial year since 2010, but nothing!

Is what his boss doing legal? He says he can't afford to pay more, but he just bought a h...

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Will I pay tax on my rented house if I use that money to rent a house in another area?

  Written by Marc   Posted 9 May 2013

I only own the 1 property.

What is the importance of compiling a VAT return if you are an accommodation provider?

  Written by Marc   Posted 9 May 2013

This will be a persentation I have to present to 35 small businesses which provide accommodation to university students. I was asked to have a full understanding about VAT/TAX for accommodation providers, please help me as I am about to present this on this coming monday.

I receive a salary from Taiwan, but pay tax there. What do I do?

  Written by Marc   Posted 9 May 2013

I have recently returned from overseas and I'm planning to stay in South Africa. I'm about to start teaching online for a Taiwanese company and will be taxed 18% in Taiwan if I make more than $893 with them (which I plan to do). I just want to know if I have to pay tax here in SA on that income. It seems a bit harsh to pay 18% and then another x% here at home. Is this going to be unavoidable? The amount in my bank account every month should be between R7 000 and R10 000. If I have to pay full taxes on that, I was thinking of keeping back about 25%, but I first want to find out whether there are any lenience I can get since I'm already taxed in Taiwan....

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Tax Return

  Written by Marc   Posted 8 May 2013

I am a music teacher. I teach part time at a school. I receive a payslip and the school deducts 25% for paye. I also have a private music studio at my home. When I complete my tax return do I just need to add the income from my private students as my income from the school will be showing already. Also, are there any deductions I can claim in terms of my home studio.

Do I pay tax and how much do I pay?

  Written by Marc   Posted 8 May 2013

Im originally not South African but I have a work permit and just got a permanent job paying me R7000 per month. Am I to pay income tax on my salary and if so how much and how do I apply as a first time tax payer. Thanks so much

Tax confusion?

  Written by Marc   Posted 4 May 2013

I am graduate and currently unemployed full-time. I write for a small company. I get R700 a month for writing promos. Now thing is when I get deposit alerts from FNB, they show that R525 has been deposited,I want to know can bank charges for R700 be up to R180 or is there some taxing going on. I don't have a SARS number either. What's going on?

How much tax is deducted when my ex husband's pension fund pays out my half?

  Written by Marc   Posted 3 May 2013

Who is responsible for the tax?

Is the primary rebate deducted monthly or annually?

  Written by Marc   Posted 2 May 2013

I want to know whether one must deduct the primary rebate monthly (divide the rebate amount by 12 month) and deduct it of a monthly salary?

Why is tax collected and where is it collected, who is responsible for it?

  Written by Marc   Posted 1 May 2013

Tax is collected because the government needs to pay for all the services it provides the people of the country. It does that by charging people and business tax on the income that they earn each year. In South Africa the South African Revenue Services ("SARS") is responsible for collecting tax and gives it to the department of treasury who then pays for all the country's expenses and services. People and companies have to give a form to SARS showing how much income they earned and then pay over...

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My audited (ITA34) report says I owe SARS about R18 000 for the period 2011/08/15 to 2012/02/29, wha

  Written by Marc   Posted 1 May 2013

PAYE was deducted from my salary every month and I did not get more than any of my colleagues (we are in the same notch). What could be the problem and how can I solve this? I am still in shock after receiving this e mail on 2013/04/30.

Rental Income & Rental Expenses, where do I include them in my tax return?

  Written by Marc   Posted 30 April 2013

Where exactly do I complete these amounts? My annual rental income is R50k.

How will I be taxed on my coaching income from a sports club if I already have an office job?

  Written by Marc   Posted 30 April 2013

My office job pays PAYE and gives me an IRP5. The club pays me per an hour for work performed. How will this coaching income be taxed? The club does not deduct any form of tax from my income as far as I know. If I am to be taxed on this coaching income are there any deductible expenses I can use to offset against it?

Car allowance vs Company Car?

  Written by Marc   Posted 25 April 2013

Could someone please help me to understand what would be the best option. I am currently sitting in a situation where I can choose between a car allowance (travel allowance ) and a company car. I don't understand the tax implications regarding this.. I would obviously want to take the least expensive route..

I have been working out of SA for 6 months, what tax is exempt?

  Written by Marc   Posted 25 April 2013

I have been working out of SA for 185 days, and have done the 60 consecutive days.I want to know what tax I can be exempt from. As this period falls between October and May, does the tax I paid on my annual Dec bonus count? If I stay out of the country for another say 2 weeks on leave, does this amount also count?Or if I work out the country again in July-August, how do they calculate the tax you avoid?Also what proof do I need to show I was working abroad?

What are the allowable deductions for companies with reagrds to employees and loans?

  Written by Marc   Posted 24 April 2013

Is there a new allowable deduction for companies with regards to loans for employees to help with their living expenses and loans that are unrecoverable from employees.

What is the difference between wear and tear allowance v depreciation?

  Written by Marc   Posted 23 April 2013

If a small business selling Lollies and sweets buys a production machine from china for R50 000.00, a fridge for R1 500.00 , small kitchen appliances and utensils to the value of R1 800.00 (various) and a car to use for driving to markets to sell lollies and sweets. Where and how would I use wear and tear allowance or depreciation and what is the difference? Can small items such as kettles and cutlery be seen as assets?

Building cost deduction

  Written by Marc   Posted 22 April 2013

I am a single parent trying to build a home for my family. The bond that I qualified for on my salary does not cover all expenses and I've had to pay for a lot of things out of my own pocket, such as R22 000 developers' fee for building on a plot, R17 500 getting electricity supplied to the plot, R15 000 getting sewerage connection to the plot, R5 500 for water to the plot. Can I claim for these expenses as a tax deduction?

SARS does not want to take an IRP5 into account for my business, what next?

  Written by Marc   Posted 18 April 2013

This was all for the 2008 tax year.
Income tax return was submitted on 28 / 02 /2009.
Assessment notice issued on 11 / 03 /2009.
Amount owing R147 666.
But an IRP5 was also issued for 2008, tax deducted: R241 340. That meant that SARS owed R93 674.
But the assessment was paid in full in December 2012.

That means that SARS still has not taken the IRP5 into account.

An objection was done on 31 / 03 / 2009 on eFiling. But SARS said that they do not have proof of this objection as at that time no objections could be done on eFiling....

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How much percentage is deducted from my pension fund payout when I have resigned?

  Written by Marc   Posted 17 April 2013

e.g. R124 000
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