What is the 12 month period to be exempt form income tax?

Posted 3 November 2014

From when is the 12 month period you must be out of SA to be exempt from SA income tax?

How will I be taxed as a freelancer on retainer?

Posted 3 November 2014

Hi there!

I am currently full-time employed as an editor, but would like to go freelance next year. I am busy putting a proposal together to encourage my current employer to keep me on retainer for a portion of my current duties, for a portion of my current salary from January 2015, so that I can at least be guaranteed a basic salary for the first year or so of being a freelancer while building up a client base.

As far as tax goes, my understanding was that the burden was on freelancers to submit quarterly or annual tax returns, and that employers using freelancers were not necessarily obligated to deduct tax on their fees...

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Is there a threshold for registering for provisional tax for a non salary person?

Posted 3 November 2014

I run my own business as a sole prop in my own name. I read somewhere that if my taxable income is below a certain threshold for the year, that I do not need to register as a provisional taxpayer. Is this correct? I was under the assumption that because I earn income other than a salary (from carrying on a trade) I am automatically a provisional taxpayer?

If I am below the threshold and do not need to register, then how will I know this before hand? For example, for the 2015 tax year, I will only know if I am below the threshold at the end of the year, being Feb 2015. By then, I would be late in submitting my provisional tax returns (due in Aug 14 and then Feb 15)?...

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Must I submit a provisional tax return if I only became a provisional taxpayer in October?

Posted 3 November 2014

I started my own business on 1 October 2014 and am now running as a sole prop. I am aware that I am now a provisional taxpayer and need to submit IRP6's.

My question is do I need to go back and submit an IRP6 for the first provisional return for 2015 tax year at end August 2014 (for 201501) even though I was not a provisional tax payer at that stage?

Would I just submit a Rnil return?

Do I need to pay tax for a 6 month contract?

Posted 3 November 2014

I have a contract with a rugby union for 6 month R10 000 pm total is R60 000 for the 6 months. Do I need to pay tax?

What does it mean when your Sars Efilling account is credited

Posted 3 November 2014

Your account has been credited with R3,150.90 by Sars eFiling. what does this mean?

IRP info not prepopulating on employee profile

Posted 3 November 2014

Why is the IRP5/501 Reconciliation information filed with SARS not prepopulating on my employee's IRP5? This particular employee has more than 1 IRP5 for the 2014 tax year.

Does being blind in one eye qualify for medical disability tax credit?

Posted 2 November 2014

Hi My wife is 90% blind in one eye due to an injury she sustained during her childhood and suffers from Glaucoma. Does she qualify for disability tax credit?

How do I get a tax number?

Posted 1 November 2014

Hi I would like to know if u can get your tax number over the phone or is it a must to go to the nearest branch?

Lump sum indication on personalization of eFiling form?

Posted 1 November 2014

I have a lump sum paid out from a liberty life provident fund, and have a tax certificate for the transaction. When personalizing my return on eFiling, where do I state that I received this income?

Do I automatically become a tax paying SA citizen because I registered with SARS & renewed my ID Doc

Posted 31 October 2014

I was born in SA 75 years ago. 1995 I became a US citizen. 2006 I opened a NON-RESIDENT ACCT with FNB CT and bought a flat. 2013 I renewed my ID Doc to do a 12 week job in CT and registered with SARS. My NON-RESIDENT ACCT changed to RESIDENT ACCT. 2013 I retired to CT for 9 months & in 2014 for 8 months, but annual visits before then were only 6 to 8 weeks. Do I automatically become a SA citizen for tax purposes because I registered with SARS and renewed my ID Doc? Does not my history...

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Can I claim expenses in the current tax year for prior year expenses?

Posted 31 October 2014

I am a provisional tax payer. My 2013 tax year has been assessed and finalized.
Can I claim business expenses in my 2014 tax year, that were incurred in the 2013 tax year but not claimed?

What is the capital gains tax implications on a donation?

Posted 31 October 2014

What is the capital gains tax implications on a donation?

I've lost both my password and user name for SARS eFiling?

Posted 31 October 2014

I've lost both my SARS eFiling password and username. Kindly help me.

Capital Gains based on actual purchase price and price on Deed due to exchange rate

Posted 31 October 2014

Bought property for R1500000. By time exchange rate had changed paid R1900000 for it. Could difference in actual price be offset against Capital Gains

What is my taxable amount?

Posted 31 October 2014

Do I pay tax on R8500 per month?

my question is, should I have uploaded only for 2012 or for 2013 and 2014 as well?

Posted 31 October 2014

Good Day TimThank you for an awesome website.Ive done my efilling on the 20th october 2014, upon my login on efilling, For some weird reasonmy 2012 and 2013 returns did not go through on their site,well I 1st completed 2014 and a payout is due to me.I then completed 2012 and 2013, where 2012 I need to pay in less a 2 digit amount which is not alot.2013 end result no payout,on the 23rd I reived an sms and email stating there is a correspondence awaiting please log onto efilling.the correspondence...

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Payment method

Posted 31 October 2014

Hello pls inform me how and where do you pay SARS?

Incorrect travel reimbursement code on late tax submission which results in taxable income?

Posted 31 October 2014

I recently completed my 2014 tax return and was due a refund. Shortly after I was asked to complete my previous year return. I haven't done it as I was under the impression that I was under the tax threshold (below 250k). Whilst doing the return I noticed my previous employer incorrectly included my travel reimbursement under the wrong code per IRP5 ( they included as non taxable where as it was actually taxable as it was over 8000 km)
As a result I have a large amount now owing to SARS.
Is there any way for me to deduct actual costs for this if I don't have a log book? I do have a basic summary for the bulk of the expense which I presented to the employer for reimbursement....

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Payment method for outstanding taxes?

Posted 30 October 2014

Hello pls inform me how and where do you pay SARS?

How much is my tax refund this year?

Posted 30 October 2014

I would like to know what my possible refund could be?

Must all employees pay deductions

Posted 30 October 2014

Do fixed term contract workers also pay U.I.F and PAYE

Medical aid change

Posted 30 October 2014

If I changed medical aids during the tax year, and my employer only started paying in December 2013, how do I answer the questions? Part of the tax year I was paying for medical aid, part of the year my employer was paying part.

change of Res.

Posted 30 October 2014

Hi are you guys able to assist with changing proof of residence?and then submitting tax return

2014 individual tax return eFiling closing.

Posted 29 October 2014

Closing date for 2014 individual tax returns
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