What is the limit for tax free donations?

  Written by Marc   Posted 26 June 2013

Hi Tim

My girlfriend sold a house she inherited from her deceased mother and would like to split the income with her sister. The amount is approx R500 000, is there a way to transfer the money as a lump sum to her sister tax free?

An accountant advised us to "loan" her sister the whole amount and then to pay off the loan in lumps of R100 000 per year to avoid the 20% donations tax, but every year she needs to complete a declaration together with her tax form submission. Is ...

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2013/2013 allowable Commission expenses to be claimed

  Written by Marc   Posted 26 June 2013

Just want to make sure if the 50% rule is still in place regarding commission income? The same as 2011/2012? Meaning your Commission income must be 50% more than other income to claim any expenses against commission.



Independent Contractor...what can he claim?

Medical Tax Credit?

  Written by Marc   Posted 26 June 2013

Hi Team, My Total medical aid contribution for myself and 2 depandants is R2072. My company pays R1211 and I pay R674 deducted from my salary and I receive a R230 med aid tax credit. Is the R230 the correct amount for 2 depandants? and can I claim back the R674 that I pay from salary every month?

Tax return payment?

  Written by Marc   Posted 26 June 2013

I have received an email that my tax return payment is due. I would like to know how should I apply for it. Thamk You...

What are tax benefits of working 180 days out of SA and 60 consecutive days?

  Written by Marc   Posted 25 June 2013

I work for SA company in Botswana. My salary and tax are paid in South Africa. Is there a tax benefit in working 180 days out of the country.

My employer deducted montly tax from our salary but we are not registered with SARS neither is the c

  Written by Marc   Posted 25 June 2013

Please need help. How do I know if our Company is registered with SARS
and the tax that have been deducted from our Salary is been paid up towards SARS. What could happen to the owner who failed to pay the tax over to SARS.

Students on Vacation Work Wages?

  Written by Marc   Posted 25 June 2013

Do students need to register for Income Tax if they work during their vacation (3/4 weeks) for a corporate.

If I want to withdraw all my pension capital, what will the tax rate be?

  Written by Marc   Posted 25 June 2013

I have about R9 mil. pension capital that I want to withdraw, what are the tax rates?

I earn a basic salary but earn a commission ever quarter what tax would I pay on my commission?

  Written by Marc   Posted 24 June 2013

I earn a basic salary of 6500 after deductions. I also earn commission which is paid out every quarter this quarter amounts to over R7 000.

I contribute towards my daughters studies at the university, can I claim this as a tax deduction fro

  Written by Marc   Posted 24 June 2013

My daughter is studying part-time to complete her degree at the university.
She has a temp job as a teacher at a primary school and earns a small salary.
I pay the University fees. Can I claim this from SARS?

If we run a Club does the Secretary who would earn a remuneration have to pay PAYE?

  Written by Marc   Posted 23 June 2013

We are running a Club that purchases and sells to its members training material and then registers their students when the course is successfully completed. We have Lady that does all the admin etc. She gets paid a "salary" do we have to register her for UIF and PAYE?

Didn't include my pension fund on code 4006?

  Written by Marc   Posted 23 June 2013

Last year when I filed my 2012 tax return I didn't put in my pension fund on code 4006 but have put only my retirement annuity from old mutual. And I was given a refund amount of R1900. I therefore would like to know if its possible for me to do an objection and resubmit the return even though I was paid.

When a certain amount was deducted from my UIF can I go for a tax return on the money that was deduc

  Written by Marc   Posted 22 June 2013

I resigned an the company paid out my UIF an there was an amount deducted so I just want to knw if I get a tax return on the money that was deducted.

What should I be taxed??

  Written by Marc   Posted 21 June 2013

I am currently working for a global company on a temp basis but working at least 40 hours a week. They have recently started taxing me 25%. I have read that this is only for individuals working 22 hours or less a week. how true is this ant what can I do??

What is the definition of income tax source codes?

  Written by Marc   Posted 21 June 2013

4141/4142/4149/4150/4497

IRP5/IT3a

  Written by Marc   Posted 21 June 2013

Can I use these form to submit for tax return, or wot must I do with this certificates?

I am a sole trader. How do I complete an ITR12 if I do not have an employer?

  Written by Marc   Posted 20 June 2013

I earn money for services rendered as personal tech support. I receive two certificates every tax year - for medical aid and for retirement annuity. What codes do I use and where do I enter this information?

Can I claim for tax return?

  Written by Marc   Posted 20 June 2013

I am paying a medical aid for my self and my son, I earn only R40 000 pa, can I also get something from SARS and how do I go about doing that I already got a certificate from my medical scheme.

Two medical aid in one assessment year, how do I treat this?

  Written by Marc   Posted 19 June 2013

How do I go about completing my eFiling if I have moved jobs and now am forced to be on the company's new medical aid, resulting in a change of medical aid as well?

Can I put my pension fund on my tax return if I dont have a tax certificate for it.

  Written by Marc   Posted 19 June 2013

I want to know if a pension fund forms part of my CTC but I do not get a tax certificate for it can I put it on my tax submission? Even if its on my payslip or not?

How does reimbursive travel allowance - non-taxable work?

  Written by Marc   Posted 19 June 2013

How will the following effect my tax refund and where do I enter the amount : re-imbursive travel allowance non taxable?

I am a construction worker of which my contract with the company I worked for ended in 2013 march an

  Written by Marc   Posted 19 June 2013

I did not receive my IRP5. My question is how would I get it to my hands?

VAT registration?

  Written by Marc   Posted 19 June 2013

I have just started a small business. What must my turnover be to register for VAT. Currently I am paying VAT on my purchases but not charging VAT on my sales.

If out of the country for longer than 183 days, what portion of my income is exempt from tax?

  Written by Marc   Posted 19 June 2013

I worked for a South African company (for 1 year), and did most of my work in another country, where I meet the 183 day & 60 consecutive day requirement. My question is: I earned a basic salary, plus allowances for being in another country, e.g. food allowance, transport, accommodation, etc. These allowances were paid together with my salary. Based on my total income from the company - what portion of this will be taxed and what will be exempt?

How do I qualify for tax refund?

  Written by Marc   Posted 18 June 2013

I'm not sure how to qualify?
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