Final Assessment on the ITA34?

  Written by Marc   Posted 1 July 2014

My final tax assessment on eFiling reflects R-12000 (negative) for 2014 and R2000 ( ) for 2013, do I owe SARS money or they owe me?

Am I liable for tax on the repayment of a loan account and how do I reflect this in my tax return?

  Written by Marc   Posted 1 July 2014

I invested (in the form of a loan account) in a start up private company as a shareholder at the end of 2004. I have been receiving monthly income from the company since mid 2013 as repayment of the original loan account plus annual interest. How do I account for these repayments in my tax return and am I liable for tax on these repayments of the loan account?

OTC meds for tax purposes?

  Written by Marc   Posted 1 July 2014

Do OTC meds include vitamins and minerals? I have bought these items for quite a large amount but havent kept the receipts.

Registration when married in COP?

  Written by Marc   Posted 1 July 2014

How to register when married COP on an ITR12?

I claimed medical and traveling what is the supporting docs necessary for SARS?

  Written by Marc   Posted 1 July 2014

I claimed medical and traveling what is the supporting docs necessary for SARS?

Do I get tax refund money this year?

  Written by Marc   Posted 1 July 2014

I want to know if I get tax refund this year?

Is a commission based salary taxed differently?

  Written by Marc   Posted 1 July 2014

A lot of people have told me that you get taxed more on a commission based salary than on a fixed monthly salary but I cannot find any evidence to support this. Is it true? Are you taxed more on commission earnings?

We are a non profit organisation, do we need to pay tax in any way?

  Written by Marc   Posted 1 July 2014

We are a non profit organisation, do we need to pay tax in any way?

I get paid R3600 per month, do I need to pay tax or register anything at all with SARS?

  Written by Marc   Posted 1 July 2014

I have been working for a church since June last year and we are registered as non profit, was getting R3000, till now effective this June am now getting R3600 and I do not work full time. Can I register to pay for tax? do I need to register anything at all with SARS?

Do I owe SARS?

  Written by Marc   Posted 1 July 2014

Do I owe SARS for this tax year?

Are prior period deductions allowed?

  Written by Marc   Posted 1 July 2014

Can I claim the purchase of glasses that was done 2 years ago? The purchase was from my own pocket and the claim was never done before?

What are the tax benefits of pension fund contributions?

  Written by Marc   Posted 1 July 2014

If I paid more money in my pension can I claim it from my tax?

Joint tax return

  Written by Marc   Posted 1 July 2014

Can you file a joint tax return if your spouse earns below R250 000 from a single employer? If so how do you go about doing this?

Provident Fund Contributions

  Written by Marc   Posted 1 July 2014

Hi. My provident fund contributions through my employer does not reflect on my Employee Tax Certificate.

It does however reflect as a sum on my payslip as at Feb 2014.

Do I include the provident fund amount listed under (4473) for the amount to be entered under (4006) on the tax return for retirement annuity contributions?

Thanks

Do I pay tax on overtime and travel allowance?

  Written by Marc   Posted 1 July 2014

Are overtime and travel allowances taxable incomes?

Receiving income from 2 employers

  Written by Marc   Posted 1 July 2014

I am receiving 2 IRP5s from 2 employers. Suddenly at the tax year end I find that I have been taxed too little. Calculating my income in 2 parts places me in a "x" bracket. Now when the 2 is calculated together I am being calculated in a different bracket and shows a huge amount of tax due. How do I prevent this?

Being taxed for free or cheap housing

  Written by Marc   Posted 1 July 2014

I am being taxed on an amount for free housing. When will I pay less tax? If I get the amount as salary and pay it over to my employer as rent or if they deduct tax from my salary for the free housing.

Travelling allowances for disabled persons

  Written by Marc   Posted 1 July 2014

I am disabled owning a car can I claim for travelling allowances in my income tax return?

Two IRP5 documents?

  Written by Marc   Posted 1 July 2014

I worked half of the year for one company and the other half for another company.How do I submit my tax returns having two IRP5 documents?

What documents do I need as a 1st time IRP5 submitter?

  Written by Marc   Posted 1 July 2014

What documents do I need as a 1st time IRP5 submitter?

My CTC is R22 000 with 50% contribution from company on medical(R1976), how should tax be calculated

  Written by Marc   Posted 1 July 2014

I have a CTC of R22,000 and included in that amount is the 50% medical contribution from the company, how will my tax be calculated. My medical aid is R1976.

Tax due from SARS??

  Written by Marc   Posted 1 July 2014

My tax return says -R1075. Must I pay in or does SARS owe me??

eFiling help needed ASAP

  Written by Marc   Posted 1 July 2014

I previously used a tax administrator to do my tax for me now I cant do it myself as it requires the information she used and I no longer have contact with her how do I go about this?

Endowment policy - taxable?

  Written by Marc   Posted 1 July 2014

Is it possible to claim for an endowment policy?

What are the amounts for PAYE?

  Written by Marc   Posted 1 July 2014

What is the minimum amount that should be taxed per month, how is it calculated and how & when should I claim as in a construction company as a permanent employee
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