I have been working out of SA for 6 months, what tax is exempt?

  Written by Marc   Posted 25 April 2013

I have been working out of SA for 185 days, and have done the 60 consecutive days.I want to know what tax I can be exempt from. As this period falls between October and May, does the tax I paid on my annual Dec bonus count? If I stay out of the country for another say 2 weeks on leave, does this amount also count?Or if I work out the country again in July-August, how do they calculate the tax you avoid?Also what proof do I need to show I was working abroad?

What are the allowable deductions for companies with reagrds to employees and loans?

  Written by Marc   Posted 24 April 2013

Is there a new allowable deduction for companies with regards to loans for employees to help with their living expenses and loans that are unrecoverable from employees.

What is the difference between wear and tear allowance v depreciation?

  Written by Marc   Posted 23 April 2013

If a small business selling Lollies and sweets buys a production machine from china for R50 000.00, a fridge for R1 500.00 , small kitchen appliances and utensils to the value of R1 800.00 (various) and a car to use for driving to markets to sell lollies and sweets. Where and how would I use wear and tear allowance or depreciation and what is the difference? Can small items such as kettles and cutlery be seen as assets?

I want know if I need to pay tax on my monthly wage of R3 600?

  Written by Marc   Posted 23 April 2013

Month salary: R3 600

Building cost deduction

  Written by Marc   Posted 22 April 2013

I am a single parent trying to build a home for my family. The bond that I qualified for on my salary does not cover all expenses and I've had to pay for a lot of things out of my own pocket, such as R22 000 developers' fee for building on a plot, R17 500 getting electricity supplied to the plot, R15 000 getting sewerage connection to the plot, R5 500 for water to the plot. Can I claim for these expenses as a tax deduction?

What is my tax obligation if I am self employed earning R1500 profit per month?

  Written by Marc   Posted 19 April 2013

I am a housewife running a gardening service on the side. My current income is R2 700 of which I pay a worker R1 200. Thus R1 500 profit (using my husband's private gardening equipment). Do I have to register for tax or at what point should I register for tax? What is my tax obligations concerning my employee?

I do not have a credit card or cheque account, only a debit card or direct deposit for Taxtim

  Written by Marc   Posted 19 April 2013

Tim I would like to use you, but do not have a credit card or cheque account only a debit card. How can I pay you?

I am registered as a taxpayer, but lost my job. Must I inform Sars?

  Written by Marc   Posted 18 April 2013

I was employed and earned enough to pay tax(PAYE), but in the beginning of this year I lost my job and I am now unemployed.

At this current moment I am studying again but I don't know? If I receive any money like pocket money am I still required to pay PAYE? Because I don't work, I am just studying and want to know what must I do to avoid the penalties and fines from SARS.

SARS does not want to take an IRP5 into account for my business, what next?

  Written by Marc   Posted 18 April 2013

This was all for the 2008 tax year.
Income tax return was submitted on 28 / 02 /2009.
Assessment notice issued on 11 / 03 /2009.
Amount owing R147 666.
But an IRP5 was also issued for 2008, tax deducted: R241 340. That meant that SARS owed R93 674.
But the assessment was paid in full in December 2012.

That means that SARS still has not taken the IRP5 into account.

An objection was done on 31 / 03 / 2009 on eFiling. But SARS said that they do not have proof of this objection as at that time no objections could be done on eFiling....

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How much percentage is deducted from my pension fund payout when I have resigned?

  Written by Marc   Posted 17 April 2013

e.g. R124 000

I wish to register as a tax practitioner, how do I do this?

  Written by Marc   Posted 16 April 2013

I need a tax practitioner code to be able to submit tax return on behalf of customers.

I don't know what to do about getting a tax number after registered ?

  Written by Marc   Posted 16 April 2013

Please I need help I've submitted my application to get a tax number but yet I am still waiting over 21 days now?

PAYE tax: when to pay and how much?

  Written by Marc   Posted 16 April 2013

I work on a contract basis(Service Level Agreement) for a company, I only do contract work for them and no other company. I get paid per service rendered and working hours are anything from 6 to 14 hours a day, 5 to 6 days a week. My salary differ each month ranging from R14 000 to R35 000. They do not supply pension, medical fund, travel allowance or fuel. All expenses are for my own account.(Study fees, professional body registration fees included) The company know wants to register for PAYE a...

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What is the % rate for a temp employee earning monthly salary of R7371?

  Written by Marc   Posted 16 April 2013

They tax me at 25% on my monthly income, is that right?

How much of medical expenses not covered by medical aid do you get back?

  Written by Marc   Posted 15 April 2013

I am a salaried employee and have out of pocked medical expenses, what can I claim for tax purposes?

What tax do I need to pay?

  Written by Marc   Posted 14 April 2013

I've got 4 small businesses that are not registered. The money comes into my personal bank account. I earn around R30 000 a month. Must I pay personal tax on the whole amount I get in every month or can I deduct the expenses used for business? I do not include any VAT on my business invoices, but I do spent money for business purposes.

I would appreciate it if you can help me with this!!

Do I need to submit an ITR12

  Written by Marc   Posted 13 April 2013

Why must I submit a ITR12 form if my income is only R44000.00?

Will negative cashflow property reduce my taxable income?

  Written by Marc   Posted 12 April 2013

I own an investment flat that currently provides a negative cash flow. I am employed and pay quite a bit of tax with very little deductions. Can I offset any amount "lost" on the property against my taxable income and so reduce tax payable to SARS legitimately?

Do I need an IRP5?

  Written by Marc   Posted 11 April 2013

I worked for two months only for the 2013 tax year and I was taxed. Do I still require an IRP5 from the employer?

Please help me find my tax number?

  Written by Marc   Posted 11 April 2013

I've got a job and they are looking for my tax number please.

When capitalising an amount for renovations to a home office how do I calculate the amounts?

  Written by Marc   Posted 11 April 2013

What amount is allowable for Repairs and maintenance and how do I depreciate the capitalised amount which consists of plumbing, paving and builders?

How much PAYE is due on R5 500?

  Written by Marc   Posted 11 April 2013

I have started a new position and would like to know how much PAYE is due?

Tax exemption clause

  Written by Marc   Posted 11 April 2013

I understand the section 10(1)(o)(ii) about being outside a country for 183 days, of which 60 days must be consecutive in a 12 month cycle. My question however is: the company I work for is registered in SA and pays me in ZAR. But I travel outside South African borders for more than 183 days and for a 60 day continuous stint also...so, am I still exempt from tax then? Or do I have to pay tax as I get paid in ZAR and the company is registered in South Africa?

If I work mid-year, how does that a affect my tax calculation?

  Written by Marc   Posted 10 April 2013

If I start working in the middle of the year and my total income for that year is under the tax threshold do I still have to pay tax monthly for that year?

What code to use when the Employer pays 100% of the Medical Aid contribution?

  Written by Marc   Posted 9 April 2013

I have an employee where the company pays 100% of their medical aid contribution. when submitting the ITA3/IRP5 form to sars how is this captured? I cannot use the code 4474 without a corresponding amount in code 3810?
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