Working from Home

Posted 26 March 2017

I work from home and make approximately R25000/month. I don't do much traveling and I
manage everything from my desk. I service one company only- I'm basically working for myself. They don't cover any tax etc. and I receive this
payment monthly. What's the best way to deal with the Tax?

Forgot to submit travel details

Posted 24 March 2017

I have submitted my tax return, but I forgot to include the details for my travel allowance (3702), i.e. vehicle details and logbook details. An ITA34 was issued. How do I submit a revised tax return?

A notice of objection

Posted 10 March 2017

SARS didn't accept my log books, my 2015 tax return, there's zero KMs for business use.
I now need to object and they require proof of ownership- I have documents from Wesbank. Lastly, can I do this via TaxTim or must I go into SARS?

An example of a logbook printout

Posted 2 March 2017

I need an example of what the TaxTim logbook would look like, when printed out.

Can my company add rental car fuel to my car allowance?

Posted 28 February 2017

If I have a car allowance and on occasion I am required to use a rental for business travel after flying to a far destination, can my company add this fuel cost to my car allowance and withhold taxes on fuel used in the rental vehicle

I repair appliances and also repair my own vehicles.Do I have to do 2 returns?

Posted 27 February 2017

I'm repairing appliances and my own vehicles. Do I have to do 2 tax returns?I also recently repaired another vehicle. Do I have to show it in 2 tax returns-1 for appliances and 1 for vehicles?I have to repair my own vehicles because I cannot afford to pay for repairs to be done.

Company Assets

Posted 23 February 2017

I own a small business and sold a company vehicle for more than I owed the bank is this profit on sale of assets?

Travel Claim not allowed by SARS

Posted 10 February 2017

Hi Tim, I received a travel allowance upfront however I do a lot of traveling between two offices and I claim back travel on a monthly basis capped at 1850kms though I travel in excess of 2000kms per month. I've filed my tax return showing both business travel and personal but now SARS says I owe them about R27000. How is that possible when I didn't claim for the excess travel I did, just the capped 1850km. I can follow through their calculation but do not understand why they didn't include busi...

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Vehicle depreciation vs deemed travel allowance deduction. An I allowed both?

Posted 6 February 2017

Vehicle depreciation vs deemed travel allowance deduction. An I allowed both?

travel claim

Posted 3 February 2017

Can I claim for a travel expense from SARS if I was only given a travel allowance for one month in the last tax year?

Add app to current profile

Posted 1 February 2017

How do I get the app for the daily log book if I am registered with TaxTim?

SARS requirements for a logbook

Posted 1 February 2017

How detailed is my logbook supposed to be?

Do I have to pay additional tax for deducting my car from my salary before tax?

Posted 1 February 2017

How does deducting your vehicle from your gross salary affect your tax. The vehicle purchased is for personal use however we have the option of deducting it directly from our salaries before tax.

How long before I get my funds owed to me by SARS

Posted 1 February 2017

SARS used my pension lump sum to pay my administration penalties balance. I have however since this submitted the returns and SARS now owe me an amount. Do you perhaps know how long this could take, as I called them yesterday and they said that all queries on my account was finally resolved.

How to declare foreign trading income

Posted 31 January 2017

My declared foreign income is the same as I declared as the profit for a business because of online graphic design work - I get paid in USD via Paypal and via FNB. Should I only declare this once and remove it from the business? I would hate to pay tax for twice that of my earnings! Please help, thank you.

May I claim for travel from my home office to my office?

Posted 30 January 2017

May I claim for travel from my home office to my office?

Claim tax on training from employer

Posted 25 January 2017

My company is sending me on a payroll course, can I claim back the amount I had to pay for text books and traveling to and from campus?

Can I claim back the tax I pay on my travel allowance?

Posted 23 January 2017

I have a code 3701 on my IRP5, can you tell me how the tax is calculated on the amount please?

Can I claim for all 3 vehicles I used on my tax return?

Posted 20 January 2017

I've changed cars during the tax year, how should I handle my travel allowance calculations and log book?
1) How would I should I go about maintain my log book? should I keep a different one for each vehicle. 2) I have also leased a vehicle whilst waiting for my new vehicle, how should this be recorded?
3) How should I cater for my new Vehicle in my tax return if the new vehicle cost is greater than my old vehicle?

How do I pay tax on my foreign earned income?

Posted 26 December 2016

If I work for a USA company and earn e.g. $65,000 per year and the company does not have a brand and or is not registered in South Africa, what is the tax process?

I imagine - (please correct me). I receive full amount monthly and need to register as a provisional tax payer and pay SARS normal PAYE twice per year? Note I will not be traveling more than 183 days per year. Is there a possible benefit of registering a business and paying myself from the business a lower amount?

Can claim depreciation for my personal car?

Posted 14 December 2016

Is it possible for me to claim depreciation for using my personal car to go to work? I do not receive any car allowance.

Do the services supplied by a prosthodontist qualify as an additional medical expense?

Posted 25 November 2016

Do the services supplied by a prosthodontist qualify as an additional medical expense?

When am I allowed to claim for my business traveling?

Posted 24 November 2016

If I am an individual working for an employer through a contracting house, can I claim a travel expense for the distance traveled to a client? Do I need the contracting house need to include a specific travel allowance item on my payslip?

Can a landlord claim travel expenses in relation to the rental income?

Posted 25 October 2016

If the landlord has driven from JHB to CT, for example, primarily to effect repairs & maintenance on their rental property between tenants, as well as to meet with prospective letting agents for future employment, can they claim the petrol for this trip? (Approx. Two thirds of this time was spent on rental-related activities, showing the apartment etc, & one third of the time was recreational). If a deduction is possible, what proof does SARS require? Thanks very much.

Can I claim for depreciation on my vehicle?

Posted 27 September 2016

Can I claim for wear and tear on my personal vehicle and how do I do it? I kept a logbook because I am getting a non taxable allowance for the km driven for business purposes.
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