How to declare foreign income?

Posted 17 August 2015

Hi, I have a small website that generates some commission from clicks on advertisements. I get paid in USD and GBP. The money is wired from Germany directly to my personal bank account and converted into ZAR. I don't own a formal business and it is relatively small amounts that are transferred. I also have a property that generates rental income. How do I go about declaring the income properly on my tax returns?

Tax Clearance Certificate?

Posted 17 August 2015

How long does it take to get a TCC renewal, over the counter at SARS? Can I send a representative? if so, what are the requirements/

What is my personal tax number?

Posted 17 August 2015

How do I get my tax number if I was never employed?

My 2013 refund did not get it

Posted 17 August 2015

Last year I was supposed to get my refund and I did not get it. What happened?

Tax bracket if work half year only

Posted 17 August 2015

If I only worked 6 months of a 12 year tax period, should my final tax bracket be based on actual taxable income for the year (e. G. R200k taxable income for 6 months at 25% marginal) or at what the tax bracket would have been, had I earned that salary for 12 months, which would have been R400k (i. E. At 35% marginal)? I paid PAYE on the basis that I earned that salary for a full year (higher tax bracket), multiplied by 6 month/ 12 months. Therefore I feel I have overpaid when I look at my taxab...

Read more →

I want to know how much tax I should pay?

Posted 17 August 2015

What is the amount tax to be deducted from a R11000 basic salary(nett income)the only deduction I have is my pension fund of 660 / UIF of 120 and my rent of the house im renting of 2205.

Pay out waiting period from SARS?

Posted 17 August 2015

I've submitted my tax return 2 weeks ago and saw that I've received some refund. I would just like to know how long I will be waiting as most people say that it will on take one week.

Travel/vehicle allowance not stated on my IRP5 by employer

Posted 14 August 2015

My previous employer never put a travel/car allowance on my IRP5 thought I travelled more than 40000km for them in 11 months. Can this be corrected? Unfortunately the consultant who did my returns for me already submitted without informing me before submitting about this issue. What can I do?

No respond for pending audit payment

Posted 14 August 2015

I submitted my tax return on date 11 august and I received an sms payment due to you is pending audit does that mean I have to submit supporting document cause I dont receive any sms for direction from SARS.

If one changes employment do they have to do 2 sets of submissions?

Posted 14 August 2015

I have changed Employment in November 2014. I left my previous employer end of Oct 2015 amd joined the current one in Nov 2015. I was on Travel allowance on my previous job and i'm now on a car allowance benefit. How do I go about in completing my SARS eFilling? do I need to have 2 set off IRP5's?

Is payment to a Provident fund tax deductable

Posted 14 August 2015

I have just registered, I tried to connect via SARS however I was told my bank account number was incorrect. We are now waiting for SARS to set up SARS eFiling for me. In the mean time, I am not sure what to enter regarding payment for a pension fund. I pay into a Provident fund so am not sure if this is tax deductible. Only reason I used TaxTim is so I don't have to physically go into SARS. I am hoping this is still the case.

How much longer must I wait before I get my tax rebate?

Posted 14 August 2015

I have submitted my tax return on the 2/7/15. I had to submit my supporting docs on the 27/15,as I was chosen for an audit. Today is the 30th working day and still no tax refund. How much longer must I wait before I get paid out?

Tax return assessed but no refund

Posted 14 August 2015

My tax assessment was completed and verified and an additional assessment issued. My SOA reflects I am owed a refund even tho the ITA34 shows an adjustment to the original. My SOA says not selected for further verification, that was on the 15th of July and to date have not heard anything further or received a letter of completion. What could the delays be? On SARS eFiling it shoes that my tax is assessed. Thanks

How do I know if I'm due for refund is it the amount displayed in the ITA34 that's due to me?

Posted 14 August 2015

I would like to know what the ITA34 is and the amount it shows is it the refund due or what because I have submitted my tax returns for all the years and it all shows R0. 00. And I would like to understand how SARS makes calculations because my tax return for a company I worked for 1 month gave me a refund and I was earning very less than I'm earning now in the company I've worked for for 4 years but the tax returns for this company I get no refund. Many thanks and I have been reading other peop...

Read more →

Do I register for tax if I'm still waiting for permit

Posted 14 August 2015

I want to register for tax but I'm still waiting for my permit to be renewed will it be possible to register

Foreigner not yet working but receiving money from abroad

Posted 13 August 2015

I'm a foreigner living in South Africa. I don't work yet but I receive money from overseas from my family. Like R 30 000 or R 20 000. I want to have an importer code and they require personal tax. I'm scared to go to SARS because I don't know if I will have to pay tax while I don't even work

Formula that used by SARS for tax return?

Posted 13 August 2015

How do I calculate my tax contributions so I can know if I owe SARS or not?then if SARS owes me,how do I calculate the amount that I should get before I can even submit for tax return?

PERSONAL TAX NUMBER from SARS?

Posted 13 August 2015

HOW TO GET MY PERSONAL TAX NUMBER

My refund is very low and my medical aid costs is high why is this?

Posted 13 August 2015

I have submitted my tax return on SARS eFiling but the refund is way less then I expected as my medical aid cost was very high. Could Tax Tim help me to submit my tax again to see if the calculation is correct? Also SARS is auditing every one in my office who submitted their tax returns and no one has been paid yet is there a problem at SARS this year?

Need a form for declaration of personal details when registering for eFiling for the first time

Posted 12 August 2015

I registered for SARS eFiling for the first time and when I tried to submit my tax returns I got a message saying that SARS is still verifiying myregistration I must try again after 24hours,I waited and tried after 48hrs but same message came up,I called the 0800 number the consulted said SARS needs to verify my personal detail so I must download a form called Declaration of SARS eFiling registration and fax it on a 011 fax number with the copy of my ID,I am struggling to get the form the name d...

Read more →

Claiming back tax on a bonus you had to pay back to a company

Posted 12 August 2015

How do I claim back tax on a retention bonus I received from my previous company. I was advised to fill it in under the section that states "Amounts Refunded i. T. O. Section 11(nA) and 11(nB)" and code 4042. What evidence will SARS need. I called their call centre but they were of no help.

Refund delay from SARS for 2015?

Posted 12 August 2015

I received an assessment stating that, amount due is -R4968,33. How long does it take to process payment after submission?

Have not received my money from SARS yet?

Posted 12 August 2015

I submitted my documents to SARS and I already know my amount that I will receive back from SARS via sms the lady told me that I will have my money in my bank account in 2 days but still after 2 weeks now haven't received any payment from SARS

Can I correct an already sumbitted tax return?

Posted 12 August 2015

I submitted my tax and was told how much of a R,,,, amount I will be getting back(great news). However straight after I submitted I realized there is a stack of receipts at home for medical bills that I did not enter. Is it too late to correct the already submitted tax return?

How long will it take to get assessed and refunded( it will definitely be more than the R,,, amount they gave me today). How long do I have to make a correction if I can?

SARS says submit my 2011/2012 tax returns but I wasnt employed nor did I have tax number

Posted 11 August 2015

I emailed SARS to enquire why my 2015/2015 tax returns have not been paid to me yet and they replied saying my 2011/2012 tax returns were not submitted so until they receive that then they will be able to pay me. However I received my 2012/2013 tax returns with no problems as well as my 2013/2014 tax returns as well. I don't really understand this because in 2011 - 2012 I only had a casual job for 2 months in which my wages were way below a tax bracket and I had no medical payments of my own nor...

Read more →
Older posts →← Newer posts    17  18  19  20  21  22  23  24  25  26  27  28  29  30  31  32  33  34  35  36  37