Business traveling expense
Posted 4 July 2015
Claiming business travel for commission earners using their own vehicle.
Claim cell & ADSL expenses
Posted 4 July 2015
How do you claim cell phones & ADSL lines expenses as a commission earner?
How do I incorporate use of rental car on tax return?
Posted 4 July 2015
My employer-provided vehicle had to go for major repairs (gone for 2 months plus). During this time my employer rented a car for me, with which I did some business km's. How do I incorporate this scenario on my tax return?
Is it a scam or is it legal within SARS to do tax return for commission on refund?
Posted 4 July 2015
I would like to know if I can claim my tax return via people around the community who claim that they doing it for business purpose where we have to pay them 30% of the money we get after they claimed for us?
How to claim for Vehicle Expenses as an Estate Agent
Posted 4 July 2015
I am an estate agent where I sell property and I am purely on commission only. No basic salary. I do know that I can claim for my petrol for business purposes. And I am also aware that I need to have a logbook for proof of mileage. However, on my IRP5 I cannot seem to enter the Petrol, Wear and Tear, Oil, Maintanance and Repairs, Insurance etc etc. Please help me as to how I can include that in my ITR12 form.
Non-commission, no car allowance. Can I claim travel expense?
Posted 3 July 2015
I'm not on commission and don't get a car allowance. But have done 17,000km in my car for business. Can this be claimed? Or can the 4015 code only be used for commission earners? What should I do?
Where to enter medical costs incurred which does not reflect on IRP5
Posted 3 July 2015
On my Irp5 I have R5,911 under source code 4116 for medical scheme fees tax credit! I however have paid cash for some visits and this does not reflect as these were doctors not affiliated to medical schemes! How do I go about adding the amounts I spent and where do I add them and which source codes to use?
Review then audit. How long will this take?
Posted 3 July 2015
I submitted my e-filling yesterday, I was selected for a review I then requested a correction as I made a mistake. I have submitted all the documentation requested but now it seems I am being audited.
I had a company car for the first 17 days of March last year which I submitted a logbook for. How long will this take, do I need to be concerned is there a penalty to making a mistake?
Fringe benefits on company provided vehicle 3802
Posted 3 July 2015
The code 3802 appears on my IRP5 under Income Received. Can I claim anything back against this?
I am provided with a company vehicle, on my payslip an amount for taxable perks appears.
Docs required for proof of profit on sale of house
Posted 3 July 2015
Hi Tim. I sold my primary residence and realised a profit of just over R1m on it. I know that the allowable deduction is R2m. Given my past experiences though, on the assumption that SARS wants to audit this transaction, what supplementary proof do I need (I have copies of confirmation of payment slips from my account). Would I need to show bank statements as well?
Travel claim on my tax return?
Posted 2 July 2015
I tutor for extra income and for that I need to travel to student's homes. May I claim any travel costs against the income that I declare for this? I do not have a logbook but I have the exact kilometres I travelled. Thanks!
Can I still file a tax return even when I don't need to? And how would I go about doing that?
Posted 2 July 2015
I'm trying to apply for residency into Panama and one of the requirements in a Panamian Bank account. However the banks over there require tax returns for the past 2 years in my home country. I haven't filed income tax returns for the past 2 years because ive been traveling the world (backpacking) for the past 4 years doing online work and never earned more than R70,000 a year anyway so I never need to file. I asked the banks in Panama if this is a strict requirement and unfortunately I HAVE to ...
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Tax on travel allowances
Posted 2 July 2015
Pls explain the difference between the 80/20 and 20/80 tax principle for travel allowances and when can it be used ?
Is it for company cars or travel allowances?
Do I need to apply for a tax directive for my earnings received (private company)?
Posted 1 July 2015
Is a tax directive necessary for my consulting firm - I have a private company with 1 employee (myself). I provide consulting services through another IT firm to their clients. I provide the firm with a Sales invoice for hours worked etc at the end of every month. They in turn pay the full invoice amount. I pay myself a fixed salary (PAYE & UIF deductions included) through my business. The remaining amount is profit to the business where we're liable to pay company tax (usually around 7% turnove...
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Interest deduction?
Posted 29 June 2015
I run a part time business from home that earns me commission and a car allowance. The expenses I occur monthly is home based eh. Telephone. Internet etc. I currently have a personal bond on my house. Can I claim the interest portion of the bond as a deduction as I use my home to earn commission? Thanks.
Wear and Tear deduction
Posted 29 June 2015
If I don't get a car allowance and the work refunds my petrol when I drive to clients, can I claim wear and tear on my personal vehicle. Where do you fill this in on eFiling?
Personal Tax Return with employer provided vehicle?
Posted 29 June 2015
I am interested in using your services to help me file my return, but I'm not too sure if mine can be done online as per your services or if I will have to go in to see a tax consultant. The complexity lies in that fact that I have a company vehicle, not a car allowance. On my tax return it is represented as code 3802. Is this something that your services cater to?
Petrol claims for tax purposes?
Posted 29 June 2015
Is claiming petrol allowed if I have a travel allowance? I use my car now and then for work..I claim the km's driven and I get reimbursed. Does this fall under car allowance?
How do I prove income I have to declare without a bank statement?
Posted 25 June 2015
If I have income from freelance work that amounts to a figure higher than the marginal tax rate I presume I have to fill in a tax return. But how do I prove what income I have received. If I ask my bank for a statement older than three months they want to charge me R300 per month going back. This is possibly higher than the tax I'll have to pay. Any thoughts?
Is our invoicing correct?
Posted 25 June 2015
Our company is not VAT registered. Our company has been issuing invoices to clients. The invoices clearly indicate that we are a non-vendor and we don't charge VAT. Though our invoice says tax invoice. Is this a problem? I am going for a VAT interview soon.
Work office and home office can I claim both for tax purposes?
Posted 25 June 2015
I earn commission more than 50% of my income - I claim for home office expenses as I work from home 60% of the time but now SARS want to know if I also have a office at work will that mean I am not allowed to claim for home office??
Calculate on 18% tax directive
Posted 24 June 2015
If I do the calculation, I see I have to pay in a huge amount, is there no field I need to fill in, I was on a 18% tax directive
Section 10(1)(o) - "continuous period exceeding 60 full days"
Posted 24 June 2015
My question is on Section 10(1)(o):
Section 10(1)(o) exempts from tax any remuneration derived by a person in respect of services rendered outside the Republic for an employer if such person was outside the Republic for periods exceeding 183 full days in aggregate during any 12 month period and for a continuous period exceeding 60 full days during that period and those services were rendered during that period or periods
For the 60 full day portion: If I travel on day 1 to my place of work out ...
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Can I claim my housing alowance if I pay rent?
Posted 24 June 2015
If I receive a housing allowance of R5000, and I pay tax on the R5000, can I claim it back if I pay rent of R9500
Tax on income from 2 sources?
Posted 23 June 2015
We have an agent selling our products on a commission only basis. We have not formally appointed this person and he receives no fixed salary from us, but he does however receive commission a fixed salary from another company. His income from us makes out about 5% of his total income. Do we have to tax him(We have no directive) or can we pay him out in full, so that he can just submit this info on his IRP5 because the amount he receives is less than 5% of his total income?
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