Travel allowance
Posted 22 July 2014
I have a travel allowance and I am submitting prior years (2012, 2013) and I am under the Threshold R250000. If I do not claim the travel allowance will they forgive the penalty for non submission?
When to submit my car kilometers log sheet?
Posted 21 July 2014
When can I bring kilometers log sheet for my car when claiming travel?
I would like to know if I can claim for my mobile account?
Posted 19 July 2014
I would like to know if I can claim for my mobile account? I use it for business and personal.
Tax Refund Calulator does not provide for persons with a Disability
Posted 18 July 2014
Your tax refund calculator does not request the amounts for persons with a disability ie. remedial school fees, travel etc. How would I calculate my potential tax refund then?
As a provisional taxpayer being self employed, may I claim for office space in my home and travel?
Posted 17 July 2014
As a provisional tax payer being self employed, may I claim for office space in my home and travel? If so, what is the fair amount?
I am a vehicle salesman with my own car, can I claim a years depreciation
Posted 16 July 2014
I am a vehicle sales exec and have my own car.
Can I claim depreciation
Is it possible to claim business kilometres and structure your salary to have a car allowance?
Posted 16 July 2014
I would like to sacrifice part of my salary for a car allowance, and claim monthly business kilometres on my travelling. What are the tax implications?
What constitutes wear and tear?
Posted 15 July 2014
If you are a salaried employee, what constitutes 'wear and tear' of your personal assets used for work use?
If I receive and make work phone calls on my cell phone (which was received on a cellphone contract), can I claim the value of the cellphone under wear and tear?
If I paid cash for my car and use the car to drive to meetings for work, can I deduct a portion of the car's value under wear and tear?
How could I appeal an ITA34 result?
Posted 14 July 2014
SARS say I owe them R23 000 due to Odometer readings,how could I solve the issues and also do my returns in 2014.
Reimbursive Travel Allowance
Posted 13 July 2014
I have received a reimbursive travel allowance however my company has not split it on my IRP5-its been put together will other allowances under tax code: 3713. what are the implications of this-is my tax being calculated correctly as I'm worried now that I can claim the "8000" non taxable deduction correctly.
Would my company have to issue me with a new IRP5 to reflect the amounts correctly?
Do I calculate tax after deducting employees UIF, provident funds, allowances?
Posted 10 July 2014
Do I calculate tax after I have debited UIF, Pension Fund and transport allowance or I calculate it before anything is debited?
Transfer from one retirement annuity fund to another - how to handle on efiling?
Posted 10 July 2014
During the 2013/2014 tax year I moved a retirement annuity from one fund to another. As part of this process the accumulated value in the "old" RA was paid over as a lump sum into the "new" RA.
As a result, the "old" fund issued me with an IT3a for the lump sum payout. This IT3a used code 3920 for the lump sum payout, with an additional code 4 indicating it is a tax exempt lump sum payment (there is also a tax directive number on the IT3a).
How do I handle this on eFiling when completing my income tax return?...
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Do I submit a travel log book for code 3702
Posted 9 July 2014
I am paid re-imbursive travel allowance at more than SARS prescribed rate and I have traveled more than 8000 kms this year (business). The re-imbursive allowance has been included under code 3702. Do I need to submit a travel log book when I submit the tax return?
Can I claim if I get commission that's less than 50% of my income?
Posted 9 July 2014
What can I claim for if I get commission that is less than 50% of my income?
Can I claim tax on international travel insurance?
Posted 9 July 2014
Can I claim tax back on an international travel insurance of a total value of R6000 from a South African company (TIC)?
Can I claim travel allowance on a car I use daily, but is registered and financed in my spouses name
Posted 9 July 2014
We have a vehicle registered in my spouses name & finance is in her name as well. I am am the primary driver of the car. She does not have car allowance at work but I do. We keep a logbook and records. Can I claim travel allowance on my tax return for this car?
Can a commission earning employee without a travel allowance claim depreciation on a vehicle - 4027
Posted 8 July 2014
I am a commission earning employee without a travel allowance - am I able to claim depreciation on my vehicle due to the fact that I use my vehicle daily for work purposes ( driving to and from clients ) under section 4027 ?
Commission only and use my car for work, what are the income tax implications?
Posted 7 July 2014
I earn commission only and I use my car to do business, how do I submit my ITR12 return to SARS?
Schedule of depreciation
Posted 7 July 2014
I am a 100% commission earner and was requested by SARS to to forward a schedule of depreciation for my vehicle depreciation claim, I forwarded my calculation formula : purchase price/5 years * 10 months, I only bought the vehicle in May 2013. The schedule was however not accepted due to insufficient info, please advise what other information needs to be on the schedule of depreciation.
Registration of 2nd vechile
Posted 7 July 2014
how do I register a second vehicle? We sold one and bought a new one in January?
Company car, claim back business kms at end of month where do I put it in on my tax return?
Posted 6 July 2014
If I drive a company car and claim my kms travelled for business back at end of the month where do I put that in on my tax return?
Travel claims using TaxTim?
Posted 3 July 2014
Can you claim back if I'm using a company vehicle, the company is paying all the expenses The code on my IRP5 is code 3802 and I do have a logbook?
IRP5 is incorrect
Posted 2 July 2014
Hi I hope you can help me. on my IRP5 my commission pension and medical aid and pay and car shows as code 3601. when I went to the bookkeeper he said it must be like that. what can I do in this case?
Why do get audited every year?
Posted 2 July 2014
Why do I get audited and asked for supporting docs every year from SARS?
Logbook for tax purposes, must one be kept?
Posted 2 July 2014
As a commission earner do I have to have a travel logbook?
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