Employee PAYE implications for car repayments on company cars?

Posted 23 June 2015

I pay R3700 as a car repayment for one of my employees. Is this full payment part of his salary, or should I only allocate a portion? It seems unfair that he takes the entire amount into his salary and therefore incurs a higher PAYE, when the car remains my property.

What is my tax liability on my pension fund resignation benefit? how do I calculate this on TaxTim?

Posted 23 June 2015

I would like to find out how much tax will I be liable for when I cash my pension fund once I resign. The resignation benefit is currently R352 026. How do I calculate this on your website?

Do you also help with tax returns for freelancers?

Posted 23 June 2015

Hi, do you also help with tax returns for freelancers? And if I earned in 2014/2015 approx. 124. 000 how much tax do you expect me to pay?

Do I need to quit my job in the private sector in order to get money from SARS ?

Posted 23 June 2015

Good day , I'm working for a private sector, my problem is that we're never been given IRP5 since I started working. I'm being told that ill only get it when I Quite my Job. What must I do to get my IRP5 without losing my job ?

Is it possible to be an independent contractor to a company where I am also a director?

Posted 23 June 2015

Is it possible to be an independent contractor for a small SA business at the same time as being listed as a director for that same company? I contract my services to a private SA company which 100% owned by a London business. The SA company has no full time staff and contracts work out to highly skilled consultants on a job by job basis in order to complete the work. The reason the company has no full time staff is that it operates in a niche market where work is not always regular. I conduct ...

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PAYE IS IT A PERCENTAGE OF YOUR SALARY , WHERE CAN I find indication to calculate PAYE

Posted 23 June 2015

How do I calculate PAYE ON MY SALARY

UK pension on eFiling - how does it affect my South African taxes?

Posted 23 June 2015

Do pensions from England, paid in £ and liable for tax in the UK, need to be returned on my South African, eFiling return and where.

Logbook -what records do I need to keep?

Posted 23 June 2015

For the logbook do I have to record all my starts and stops during the day at the different clients or the total of my travels during the day?

What is my PAYE per month?

Posted 23 June 2015

I get 7020 rand a month! Do I have to pay tax?

Tax residency

Posted 23 June 2015

In answer to a question I asked a few months ago regarding tax residency, you told me if I was relocating to RSA that I could delay becoming a tax resident of RSA for something like five years. I have permanent residency. Could you direct me to the relevant SARS literature. Thanks

Peter

Expenses claimed as a business?

Posted 23 June 2015

Where can I get a list off all expenses I can claim for my sole prop business

Payment due to me as a refund from SARS

Posted 23 June 2015

I received an sms, submitting my returns manually at the SARS branch,stating a negative balance due to me and 2 dates for payments. Late in the evening I received an sms about bank details verification. . . I havn't verified because the day I did my returns I was in the branch and handed the said documents(which were returned to me). The 1st payment date is today, must I wait for payment or is there anything I need to do before payment is made?

eFiling login details

Posted 23 June 2015

My accountant has passed away and I now want to take over my tax returns. How do I access my eFiling site if I don't have the login details.

Resident-Non resident

Posted 23 June 2015

Hi, South African passport holders who stays in Mauritius but will be going back to SA after nearly 5 yrs. At the moment they are considered non-residents as they are in Mauritius for a period of more than 60days in a period of 6 months and they have not stayed in SA for more than 91days in a row in a tax year. After how many months in SA will they be considered back as resident? And if they will start earning their salary in SA, do they pay tax from the beginning or after a period of time. Than...

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Do I need to pay tax to SARS when working abroad without having emigrated?

Posted 23 June 2015

Hi there. If I move to Dubai, and earn a salary there for a couple of years, do I owe SARS tax money?

If I receive a referral fee / finders fee from a business, is it considered taxable income?

Posted 23 June 2015

If I receive a referral fee / finders fee from a business, is it considered taxable income?

I already work full time and pay tax via PAYE.

Am I have to pay tax if my gross income is R6 300pm?

Posted 23 June 2015

I am earning R 6 300pm before deduction, now my question is, am I have to pay tax?

Interest on debt with SARS?

Posted 23 June 2015

If I owe Money to SARS. How do SARS calculate the interest on the money that I owe to SARS

RA transferr versus taxable income

Posted 23 June 2015

Hi Tim,

Last year up to July I was paying into an RA with Provider A. I then transferred this to another RA provider B. An amount of R109k was transferred to the new RA after a few deductions. I received a tax doc from Provider A for my contributions up to July. I also received a tax doc for my contributions from new Provider B. However I have just received a tax doc from Provider A stipulating the amount paid out (R109k) and logged against code 3698. This looks like I earned this am...

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Expenses claimed against commission income?

Posted 23 June 2015

Someone who mainly earns commission income, can she claim for corporate clothing and training. Also if she has not maintained a logbook accurately, can she claim motor vehicle expenses including fuel?

Change of jobs - how does this affect my tax?

Posted 23 June 2015

I changed jobs during the tax year. Will this affect my tax return submissions? I resigned from a permanent position where I was only taxed UIF and I temped at a place for 4 months where UIF and PAYE was deducted. My salary also increased at temp job.

Help with tax returns

Posted 23 June 2015

I used to work for a contracting company before and they where playing the middle man through out the 3 years, now I'm fully employed for a company but I need assistance when it comes to doing my tax returns please advice and help me out.

How does the primary residence exclusion work when there is joint ownership?

Posted 23 June 2015

When a house is owned jointly by two people and they sell it, how does the $1. 5 million primary residence exclusion work? Say the house is worth R3 million when they bought it and they sell it for R6 million -- then how much capital gains tax will they pay?

Calculate CGT in my company for tax purposes?

Posted 23 June 2015

My CC has purchased property prior to Oct 2001 for an amount of R150000. 00 , The CC is dormant and has never traded, I now want to sell the property for R 680 000. 00, what is my tax liability on the CC and what would be the best way to show this?

Help with tax calculation a and audit of my business

Posted 23 June 2015

Business account tax is what I need help with. I have approached two guyz already, the second one can't gain excess into the sARS account as the first person has not allowed him on the system. I am frustrated. Will you at least audit my books
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