Would a refund from SARS form part of your taxable income?

  Written by Marc   Posted 27 February 2015

Is a Tax Refund Taxable?

Do foreign nationals working fulltime with part-time work declare tax for monies paid?

  Written by Marc   Posted 27 February 2015

I am a foreign national on a work permit currently permanently employed and also want to start free-lancing/consultation work. I have had calls from companies/businesses needing my skills and I decided to register a company in my name at CIPRO. The issues are I need a business permit to open a bank account and then register at SARS but this is a huge mountain to climb due to the "unfavorable" requirements required by Home Affairs. If I go ahead with this work whilst I work on my busine...

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Do I need a log book for a sole proprietor

  Written by Marc   Posted 27 February 2015

Hi Tim, I am a sole proprietor and have a question about deducting my vehicle and petrol for business use. Currently I am deducting 70% of my vehicles monthly installment as well as 70% of my fuel costs from my taxable profit. However I have not been keeping a log book, the 70% is an estimate which in my opinion is a bit lower than my actual business use. Almost all my mileage is for business use. Could I get in trouble for this? Do I need to keep a logbook? If ever asked by sars I could give a ...

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Audit complete, still no refund from SARS?

  Written by Marc   Posted 26 February 2015

I filed my return on 07/01/2015. I received no communication from sars until 02/02/2015 informing me I was selected for an audit. I submitted all required documents. I received the letter of completion of audit on 23/02/2015. My statement still shows the same refund amount, but since then no refund was paid.

Why am I being taxed on an amount lower than the tax earning threshold?

  Written by Marc   Posted 26 February 2015

If I earn R5500 am I suppose to be taxed and am a temp?

How to ask for an extension of the time to submit our return?

  Written by Marc   Posted 26 February 2015

We are a Partnership traveling Southern Africa for our business. We traveled and had a lot of vehicle problems and due to that, we cannot finish our tax returns before the 27th of February 2015. What can we do to get a week's extension?

Can I claim for feeding stray animals and taking them to the vet etc.

  Written by Marc   Posted 26 February 2015

I spend at least R2,5k a month feeding feral cats. I have all the invoices from the vet. Can I claim for this?

I am 65 can I claim all my medical contributions from SARS?

  Written by Marc   Posted 26 February 2015

I am 65 can I claim all my medical contributions from SARS for tax purposes?

How do I pay tax if I receive money from multiple employers at variable amounts each month?

  Written by Marc   Posted 26 February 2015

How do I work out how much Tax I need to pay if I receive an income from four different employers and three of them are variable amounts each month?

Do I qualify for a tax refund?

  Written by Marc   Posted 25 February 2015

I find your blog interesting and helpful and I believe you can help clear out the confusion that I have. I started working from 1 May 2014 as a temporary employee until 30 September 2014 and I earned R5000 a month during that time. I was made a permanent employee as of 1 October 2014 and I started earning R10000 a month. I am currently registering as a tax payer with SARS and I wonder if I will qualify for a refund from SARS or not?

Role of SARS in NGO's

  Written by Marc   Posted 25 February 2015

What is the role of SARS in non-profit organisation?

Can education/training/online training be claimed from tax if you're self employed?

  Written by Marc   Posted 24 February 2015

Can education/training/online training be claimed from tax if you're self employed?

DO I have to pay PAYE and do SARS give money back?

  Written by Marc   Posted 24 February 2015

I earn R107000p/a should I pay tax and how much, I hear people say that one can file a request to get their tax money from SARS, please illuminate as I'm really in the dark.

Penalty fee for late payment of tax?

  Written by Marc   Posted 24 February 2015

Please explain what charges are laid against someone for paying tax late?

Verification of tax

  Written by Marc   Posted 24 February 2015

I earn a gross salary of R11500 per month and the company deducts R1400 for tax. But according to SARS online I should be paying R1006 for tax. How can I be sure how much tax I should pay?

Backdated tax from SARS?

  Written by Marc   Posted 24 February 2015

Can a person claim for years before 2013?

Claim without medical aid?

  Written by Marc   Posted 24 February 2015

Can I claim back on my medical expense for myself and my two kids, even if I dont have a medical aid. ?

I travel from home to different sites by the company vehicle, how to account for private kilos?

  Written by Marc   Posted 24 February 2015

I travel from home to different sites by the company vehicle, how to account for private kilos?

Tax query on bonuses?

  Written by Marc   Posted 24 February 2015

On a 13th cheque how much PAYE does one have to pay. Under 65, monthly salary, UIF,no other deductions

What period does the IRP6 submission, that is due on 27 February 2015, cover?

  Written by Marc   Posted 23 February 2015

What period does the IRP6 submission, that is due on 27 February 2015, cover? Is this from 1 March 2014 until 30 June 2014?

Important tax enquiry?

  Written by Marc   Posted 23 February 2015

I bought land and built a rental house. I have upfront fees which appear on the pro Forma account of the transferring lawyers. Such expenses are :

Registration fee. 6 months Municipal Rates upfront. Rates clearance certificate fee. Transfer duty. Deeds office registration fee. FICA verification. Lodging agents fee and postage. Sundry expenses (phone calls, postage, file storage fee, printing, photocopying, emails and faxes). Fee for consent to transfer from HOA. Paid management for HOA consent and levy figures...

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What are the next steps after registering an NPC with CIPC and SARS?

  Written by Marc   Posted 23 February 2015

We have just registered an NPC. . . . Do we need a tax clearance certificate, BEE Certificate, Income Tax Registration and VAT registration or in other words what are the next steps are registering an NPC or NPO to ensure we are SARs compliant

What are the tax implications of transferring shares without selling them?

  Written by Marc   Posted 23 February 2015

If one were to transfer shares in a listed company from person (a) to person (b) without selling them is the only tax implication the STT (securities transfer tax) of 0. 25% of the value? Does person (a) have any other tax implications? and when person (b) sells the shares what would the base cost be? (the same as person a's cost or 0 as person (b) did not pay for the shares)

How to register student, doing part time modelling, with SARS

  Written by Marc   Posted 22 February 2015

My daughter has started a part time modelling career. She is 15 years old and still in school. Do I register her as a normal individual tax payer with SARS, she will be a sole proprietor. There will be
expenses deductible for tax purposes.

Claiming for Petrol from SARS?

  Written by Marc   Posted 22 February 2015

I have a full time job as a Sales Executive. I use my own vehicle for work, and keep a logbook. I then claim S&T from my work and get paid the month there after. Can I claim and how does it work (what must I claim and what do I get back)?

As well - I buy gifts for my clients (chocolates, accessories, stationery, etc. Can I also claim this?
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