PAYE tax: when to pay and how much?

  Written by Marc   Posted 16 April 2013

I work on a contract basis(Service Level Agreement) for a company, I only do contract work for them and no other company. I get paid per service rendered and working hours are anything from 6 to 14 hours a day, 5 to 6 days a week. My salary differ each month ranging from R14 000 to R35 000. They do not supply pension, medical fund, travel allowance or fuel. All expenses are for my own account.(Study fees, professional body registration fees included) The company know wants to register for PAYE a...

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What is the % rate for a temp employee earning monthly salary of R7371?

  Written by Marc   Posted 16 April 2013

They tax me at 25% on my monthly income, is that right?

How much of medical expenses not covered by medical aid do you get back?

  Written by Marc   Posted 15 April 2013

I am a salaried employee and have out of pocked medical expenses, what can I claim for tax purposes?

What tax do I need to pay?

  Written by Marc   Posted 14 April 2013

I've got 4 small businesses that are not registered. The money comes into my personal bank account. I earn around R30 000 a month. Must I pay personal tax on the whole amount I get in every month or can I deduct the expenses used for business? I do not include any VAT on my business invoices, but I do spent money for business purposes.

I would appreciate it if you can help me with this!!

Will negative cashflow property reduce my taxable income?

  Written by Marc   Posted 12 April 2013

I own an investment flat that currently provides a negative cash flow. I am employed and pay quite a bit of tax with very little deductions. Can I offset any amount "lost" on the property against my taxable income and so reduce tax payable to SARS legitimately?

When capitalising an amount for renovations to a home office how do I calculate the amounts?

  Written by Marc   Posted 11 April 2013

What amount is allowable for Repairs and maintenance and how do I depreciate the capitalised amount which consists of plumbing, paving and builders?

Tax exemption clause

  Written by Marc   Posted 11 April 2013

I understand the section 10(1)(o)(ii) about being outside a country for 183 days, of which 60 days must be consecutive in a 12 month cycle. My question however is: the company I work for is registered in SA and pays me in ZAR. But I travel outside South African borders for more than 183 days and for a 60 day continuous stint also...so, am I still exempt from tax then? Or do I have to pay tax as I get paid in ZAR and the company is registered in South Africa?

When will I get my IRP5 form for 2013 from my employer?

  Written by Marc   Posted 9 April 2013

Would like to submit with SARS for refund.

Can I claim the distance traveled from home to the office as part of my travel allowance claim?

  Written by Marc   Posted 5 April 2013

I receive a car allowance. At present I claim my business km's from my office ,do my work and till I come back. A colleague says that SARS allows to claim business km's from my home until I get back home at night.

In other words the portion I drive to work and then back home, I should be allowed to claim for. Is this correct?

Can I claim tax which was deducted in one month extra because I received a backpay?

  Written by Marc   Posted 4 April 2013

I have received two backpays in one year because of payroll and HR incompetence. So, when they ultimately pay it in for me it is a great amount of money which places me in a higher income bracket and therefore I have to pay more tax. But if they just payed the increased amount monthly I like they were supposed to, I would have stayed in my normal income bracket.

I started to pay off my study loan and would like to know if that is Tax deductable?

  Written by Marc   Posted 3 April 2013

What code do your fill in on the tax form when filing my tax online.

I get a traveling allowance of R7500pm and I use the car more than 80% for business purposes, what c

  Written by Marc   Posted 3 April 2013

More than 80% of my travelling is for business and I maintain a logbook, however my employer applies 80% PAYE on my salary every month, is this correct?

What other medical expenses can I claim from SARS?

  Written by Marc   Posted 31 March 2013

Hi I have medical aid, due to the dr asking private rates I had to pay the dr for every visit an extra R100, I had several visits and now the dr has to do a procedure and I have to pay in an aditional amount can I claim back the money from SARS?

Does INTERPRETATION NOTE: NO. 47 (Issue 3) apply to employed people, or only VAT registered traders?

  Written by Marc   Posted 28 March 2013

Trying to determine if items purchased (my car and cell for example) can have part of their value written off for tax purposes if I just happen to be a "normal" employed person and not a trades man or VAT registered.

What do I do if my refund was paid into the wrong bank account?

  Written by Marc   Posted 27 March 2013

I have an employee who submitted their return through a practitioner and asked him to change banking details as the details on the IRP5 were incorrect, they were for another employee. However the return was paid into the other employees account, is there anyway of rectifying this and don't SARS verify banking details? The names are completely different surely the bank wouldn't accept? I would really appreciate your assistance.

My employer is not registered for Employees' Tax, what can I do?

  Written by Marc   Posted 26 March 2013

I am working as a p/a and store manager to a sole proprietor. She is not registered as an employer and does not intention to register. No tax is deducted from my salary - what should I do?

Should I be submitting a return now for 2013 as a provisional tax payer?

  Written by Marc   Posted 25 March 2013

I've submitted my 2012 tax return last year as an individual taxpayer. After which I started freelancing midway through August. I was on a six month contract with my ex-company (which ended on 31 January) where they deducted the tax for me, but have also been doing work for other companies/individuals that I would have to pay the tax on. My question is, should I have submitted a return before the end of January to pay in at the end of March? If yes, what do I do now to stay tax complaint?

Tax return - UK income?

  Written by Marc   Posted 25 March 2013

I returned to SA following 7+ years in UK. I took up permanent employment in SA during June 2011 and am a residing tax payer on my SA income. Before returning to the SA I ran my own business through a limited company, paid corporation tax and in my personal capacity earned a salary (just below the "personal allowance threshold" which consisted of minimum salary allowance + dividends. Since returning to SA the UK company still received fee income from work I did prior to leaving the UK ...

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What is your tax code on secondary income if you are permanently employed as well?

  Written by Marc   Posted 25 March 2013

If you are working full time and also earning part-time income after hours, from a home based office, what will be the tax code for your secondary income and will you be allowed to deduct office expenses?

What form must I file with SARS, an ITR12 or an IRP6 ?

  Written by Marc   Posted 22 March 2013

I bought an appartment in April 2012 and rent it out. My total income (April 12 to Feb 2013) is R46,000 and my expenses (interest, levies, etc) are R41,000. Total income :R5,000 I haven`t registered myself as a provisional taxpayer. So what should I do for the 2013 Tax return ?
Should I reflected those number on my IRT12 ? or should I register myself on IRP6 ? or should I do both ?

How do I correct a mistake that I have made on my tax return that resulted in a penalty by SARS?

  Written by Marc   Posted 22 March 2013

I submitted my tax return for the 2012/13 financial year. I was requested to submit supporting documents, which I did. I was informed that I owe a sum of +-R16200 to SARS. It transpired that when I declared my medical expenses I included "cents" on my return. As a result of this I was penalised a sum of +-R162000 which I feel is unfair and unreasonable. How do I correct this?

Can I still get a tax rebate for 2011 -2012 tax year?

  Written by Marc   Posted 22 March 2013

my irp5 has the following figures R76545 GROSS SALARY - and R5319 TOTAL DEDUCTIONS(included UIF, SDL,) WILL I GET A TAX REFUND

I get R2000 petrol allowance, do I include this amount for travel allowance when I do my calculation

  Written by Marc   Posted 21 March 2013

I have a company petrol card that I use for R2000 per month.

Income tax calculated and then?

  Written by Marc   Posted 20 March 2013

Hi TaxTim, I hope you can explain to me in simple terms the following. If one receives a gross salary of R20 000.00 with no contribution or allowance paid monthly, then your Income tax calculator calculates that my take home pay is R16 833.32. The R3017.95 PAYE and UIF of 148.72 is paid by my employer. Do I then have to again pay any tax on the R16 833.32 or is that done?

Medical aid expenses over the tax credit, can I claim?

  Written by Marc   Posted 18 March 2013

I incurred alot of medical expenses not covered by the medical aid last year and not sure if I will be able to claim them as a deduction in the upcoming tax returns due to the new tax credit method. Is the tax credit only applicable to medical aid contributions or all expenses incurred?
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