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?

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?...

Read more →

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?

How to claim wages on my returns?

Posted 8 July 2014

I'm an independent contractor and employ two employees, I pay them bi-weekly electronically but do not print any payslips, how do I claim their wages when I do my returns?

Audited on claim for special needs child's expenses, whats the best way to submit receipts

Posted 8 July 2014

We have an autistic son which we claimed special tutuion, additional medical and other expenses.We have done this previously but this year we were audited. When we submit proof.ie invoices of tution, what is the best way to submit receipts for nappies and supplements, ie. would we scan in each till slip or can we just submit our excel sheet?

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?

Tax deduction on invoice made out in someone else's name

Posted 3 July 2014

Question: For disability tax, can I claim a qualifying expense that I paid for although the invoice from the service provider was made out in the name of my wife?

Do I need a tax certificate from GEPF

Posted 3 July 2014

I resigned at the end of May 2013 from the government. I did receive my pension payment from GEPF. Do I need a tax certificate from GEPF to complete my tax return or is the tax directive enough

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?

Travel allowance and business kms

Posted 2 July 2014

I get R36000 travel allowance per year. My business mileage is just over 40000 kms.
When I do the calculation on efiling my return is the same when I put down 40000 business kms as it is when I put down 20000 business kms.
Is this correct?
Have I hit my 'threshold' ?

Thanks!

How to fill in ITR12 form for 2014, when 2 vehicles were used?

Posted 1 July 2014

how to fill in ITR12 form for 2014, when 2 vehicles were used?

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

Posted 1 July 2014

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

Is a commission based salary taxed differently?

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?

Do I pay tax on overtime and travel allowance?

Posted 1 July 2014

Are overtime and travel allowances taxable incomes?

Can you withdraw fro the GEPF twice?

Posted 30 June 2014

I saw you answered earlier on that a tax directive will be approved for a first withdrawal from the GEPF, but I have already withdrawn before, (20 years ago) but have received all my money by then. Will this have an implication on my current resignation?

Commission based salary - Fuel for vehicle to meet with clients?

Posted 27 June 2014

I work for commission, but there is no where I can fill in my mileage that I drive to see clients. How does this work?
Older posts →← Newer posts    20  21  22  23  24  25  26  27  28  29  30  31  32  33  34  35  36  37  38  39  40