does she have to pay tax

  Written by Marc   Posted 19 November 2014

my nanny earns R740 per week does she have to pay tax

Business Training Costs for Commission Earners

  Written by Marc   Posted 19 November 2014

Hi Tim - Thanks as always for an excellent service - I have been using TaxTim for about two years now.

My Question is regarding business seminars and training courses to further your working skillset. For instance I went on a sales training seminar voluntarily. I work as a commission-based sales executive. Can I claim the cost of this course back from SARS?

Is claiming for my old aged dependent mother allowed from SARS?

  Written by Marc   Posted 19 November 2014

I pay for medical aid for my mum , she collects government pension and Is otherwise dependent on me , she lives with me too . Can I claim from SARS for medical aid contributions and amounts not recovered from medical aid for tax period 1 March 2013 to 28 Feb 2014

Medical aid section of the return?

  Written by Marc   Posted 19 November 2014

On the medical aid section of the Tax return there is a section that says feb, march april, may ext and how many members.

Is this the memders tha is covered or the claimed that months

Thanks
Craig

claim if paid medical not in your name

  Written by Marc   Posted 19 November 2014

if you pay someone medical can you claim

Entered profit made but only half of 33% pulls through as deemed income on eFiling?

  Written by Marc   Posted 19 November 2014

I saw reply re base costs and proceeds but if I enter this on eFiling and ask for calc, my deemed/additional income is only 16% of profit made, I thought 33% will pull through?

PAYE interest payable table - 2013

  Written by Marc   Posted 19 November 2014

I am a small business that have neglected to pay PAYE and UIF since May 2013. Am wanting to file and make payment, could you assist with the table for calculating the interest? Would appreciate your urgent assistance!

Omitted to declare something on my return to SARS, now what?

  Written by Marc   Posted 19 November 2014

My husband's tax consultants are busy completing his 2013 return. He was giving details about the sale of our old citi Golf for which we got R18 000. I suddenly remembered that that car is actually in my name not his. I've already been assessed for my 2014 return with no questions asked. I didn't have to pay anything nor get any refund. (Even if I had added this amount to my Capital Gains from an investment I have, it would still be way below requiring me to pay any tax on it. What should ...

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Paying money to SARS?

  Written by Marc   Posted 19 November 2014

I owed SARS money, which I have paid by electronic transfer at my bank. How do I know if they have received the money - do I need to do anything on the eFiling site?

Claiming deductions for business expenses working as an independent contractor for a foreign company

  Written by Marc   Posted 19 November 2014

I work as an independent contractor for a company based in San Francisco, USA from my home office in Cape Town. Each month I invoice them for the number of hours worked and they pay in USD and I handle the forex to convert that to Rands.

I have some expenses directly incurred in generating this income (telecoms costs, software licenses, computer equipment depreciation and a portion of my electricity and rent for the home office, etc). I don't have an IRP5 from them since I'm not an employee and they aren't a South African company...

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Tax refund query - Maternity

  Written by Marc   Posted 19 November 2014

I had to pay back my salary that was paid while on maternity leave (due to resigning). Can I claim back from Sars? I did not receive any money from UIF.

Medical plan contribution?

  Written by Marc   Posted 19 November 2014

I make a medical plan contribution of R850.00 each month. this amount includes the employers' contribution. The contributions are kept in a separate bank account and not controlled/managed by organisations like Discovery Life etc, therefore I cannot provide a tax certificate for this medical plan. What should I do in this case?

need to no how my payslip work.

  Written by Marc   Posted 19 November 2014

hello I just need to know is my taxable earnings money that belongs to me or not thank you.

Maximum amount under code 3703

  Written by Marc   Posted 19 November 2014

My company reimbursed me an amount of over R50k on code 3703 (non-taxable reimbursement) for fuel used during the tax year. SARS then moved the full amount to code 3702 (taxable reimbursement) saying that this amount exceeded the max allowable for code 3703 which is R25920 (8000km x R 3.24). They now want me to pay more than R15k in additional taxes. They asked me now to provide an amended IRP5 showing not more that R25920 under code 3702 which I have requested from my employer. Is there anythi...

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Should I submit a manual tax return if my SARS eFiling registration is still pending by the 21 Nov?

  Written by Marc   Posted 19 November 2014

I had a problem with my SARS eFiling registration and had to re-register for eFiling. It is now a pending registration and the due date for submitting SARS e-filing tax returns is 21 Nov 2014. The due date for the manual tax returns has passed. What do I do from my side before the due date? Should I submit a manual tax return should the eFiling registration still be pending by the 21 Nov 2014?

Extension from SARS for Tax Return?

  Written by Marc   Posted 19 November 2014

can you get an extension on your individual tax return

Do I declare and pay tax on interest received from my RAF capital?

  Written by Marc   Posted 19 November 2014

According to your answer on a previous response on road accident fund payout, the funds received does not have to be declared and is non taxable.

What about the interest received on the funds? The interest earned are my only source of income do I have to declare the interest received and pay tax on it?

I only earned interest R342K pa what will my tax liability be?

  Written by Marc   Posted 19 November 2014

I only earned interest R342K pa what will my tax liability be?

Why do I not get more back from SARS?

  Written by Marc   Posted 18 November 2014

What does it mean if for the last 3 years I've gotten R0.00, -R0.26 and -R0.33 as a refund?
Most of the people I've spoken to say that I should be getting something substantial back from SARS.

How to do the tax calculation upon resignation?

  Written by Marc   Posted 18 November 2014

I'm resigning from the department of education. I received benefit calculation from GEPF = R1 285 837 what will my tax be ?
thanx

How much tax do I pay on a gross salary of R75 000?

  Written by Marc   Posted 18 November 2014

I want to know how much tax I should pay on a gross salary of 75 000 ZAR per month? I checked the SARS calculation table and I do not understand how to do it. The maximum salary they have down is R63,763.00.
There is a note that says:" If the table is inadequate: Add R18,256 (under 65), R17,663 or R17,466 (over 75) to the result of [40% X (actual annual remuneration less R63,713]. Apply rounding to the end result by disregarding the cents."

Trade my car in and receveid the difference of settlement amount. Must it be declared under what

  Written by Marc   Posted 18 November 2014

I bought a new car for private use only. The old car was trade in. The new car was bought on credit without a deposit and the garage paid out the difference between settlement of the old car. Must I declare that money and under what must it b declare.

Tax on shares for capital purposes?

  Written by Marc   Posted 18 November 2014

If one has a share account with a stockbroker and had made share sales in the year, how does one include this on their tax return? Do you log each stock capital gain separately or do you log a single number for all your different shares together?

I do have code 4018 but im prompt that I DO NOT have it, what now?????

  Written by Marc   Posted 18 November 2014

Please make the below changes before continuing:

You can't enter income protection as a deduction if your IRP5 deductions list doesn't contain source code 4018

MY IRP5 DOES CONTAIN 4018 WHAT NOW???

Want to declare my expenses like medical and get my refund

  Written by Marc   Posted 18 November 2014

Want to declare my expenses like medical and get my refund?
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