Does tax threshold still apply to me at age 78. I understood that I shouldnt pay tax at all
Posted 3 February 2016
Thanks for helping with my tax return! I expected to get a bigger refund. I am 78 and understood that any tax paid would be refunded in full, but am told there is still a tax threshold?
How do I register tax for a sole trader business as well as a salary?
Posted 3 February 2016
I earn a salary of R10 000. 00, My employer submits the paye. I have started a business sole trader in August 2015. Can I register for the business on my current tax number and what do I need to fill in.
Does receiving a car allowance when l have a car bought cash have impacts on my tax?
Posted 2 February 2016
I bought a car cash before getting my current job. I receive a car allowance at my current job and am not willing to change my car anytime soon. Is that an issue with SARS? Is that going to affect my tax, if so how?
Can you claim back school stationary, private school fees and gap insurance as a private individual
Posted 1 February 2016
when submitting your tax return, can you as a private individual make any claims on school stationary (books, pens etc), private school fees and / or gap insurance for medical aids?
Fringe benefit tax on fuel card
Posted 1 February 2016
We receive a fuel benefit which is indicated as an income ( this in my mind will put me into the next bracket ). I am taxed on the higher income, then the very same amount that has been used for fuel is shown as a deduction. I don't understand this can you please explain. I don't see the benefit of a fuel card.
Rental income & expenses, can I claim on regularly inspecting my property?
Posted 1 February 2016
I will be renting out my primary residence in Cape Town for a few years while I work on the Wild Coast rent-free. Can I claim a quarterly site/property visit/inspection as an expense for tax purposes?
IRP5 source codes - what do they mean?
Posted 31 January 2016
3698-3699 gross remuneration. What does it means. Is their money I can claim?
Delay in finalisation of my return
Posted 29 January 2016
I submitted my 2015 tax return in November 2015 with supporting documents, and to date it is still in audit with no queries raised. Who do I complain about the delay in my finalisation of my tax return? Could the delay be due to the fact that monies are owed to me.
Can I claim for medical expenses if I have no income?
Posted 29 January 2016
I was retrenched last year at the end of January 2015. I have not worked since then but I have been paying medical aid privately. How do I claim (or can I claim) for all my medical expenses?
SARS deducted money from my account without resolving a lodged dispute.
Posted 29 January 2016
In 2013 my employer at the time deducted PAYE but did not pay same over to SARS. Upon receipt of a demand from SARS I lodged a Fraud notification with SARS and my accountant lodged a dispute with SARS. To date no resolution on the matter, other than SARS Debt Department sent a final demand to a redundant email address rather than on E filing as one would expect, which will have then been received by my accountant. Yesterday SARS took my entire bank balance, what do I do?
Medical Gap Cover
Posted 29 January 2016
I took out medical gap cover under my own name. I have since stopped working. The debit order for it has changed to my husbands bank account. Can he still claim for the gap cover under "costs not covered by medical scheme" if the policy is in my name and he pays for it?
Slitting income when married in community
Posted 29 January 2016
Can you please explain what amounts get slit 50/50 when a couple is married in community of property please? My husband is retired and I am the breadwinner. We receive rental and interest. Also what to do with the medical expenses, both membership & additional, in my name only?
Do I need to start paying tax?
Posted 29 January 2016
I would like to know if I need to register for PAYE. I am 25 years old and a part time student. I au pair in the afternoons (R7500 a month salary) and I also do contract work for 2 companies (R1500 and R2500) salary in order to pay for my fees. One of the companies is asking me to get a tax number in order to pay me and I'm worried about doing that as my salary just about covers my expenses and expensive study fees - so I can't afford deductions.
Outstanding returns
Posted 29 January 2016
I have outstanding tax returns for tax years 2013, 2014 & 2015 and have IT88 deductions for the periods, how do I reconcile all outstanding tax returns and will the IT88 amounts be considered should there a "Due by you" amount or credited if there is a "Due to you" amount on completion of the assessments. Are you able to assist in getting all these tax returns completed.
Tax on bonus
Posted 28 January 2016
I got a performance bonus in December last year. This was paid separate from my salary. I first received my salary then few days later a performance bonus. I have now received my payslip and when I saw that there was a huge difference on my normal salary I was told that payroll deducted tax from the bonus of December from my January salary. Can you please advise if this is legal?
Why has my money not been paid back?
Posted 28 January 2016
I submitted my tax return last year for 2015 I gave them IRP5S for 2010-2015 as requested - money not fully paid, why?
Can I claim tax?
Posted 28 January 2016
I have been paying tax for 3 years now. I would like to know if I can claim it back
As the sole employee and director do I have to pay PAYE or can I pay provsional tax bi-annually?
Posted 28 January 2016
I am an independent consultant. I have been operating since June 2015 and have been paying myself a salary and deducting PAYE
I have recently found out that I must be a provisional tax payer as well
Since I have started in June and have not deducted any expenses to arrive at my taxable income, it appears that with 2 months to go I have overpaid my tax significantly
from a cash flow perspective, I will only receive my refund around July/August
Am I able to not pay PAYE for the...
Read more →
Can my husband claim medical if the wife makes the payments?
Posted 28 January 2016
I became a stay at home Mom as of 1 Dec 2015. I know money's transferable from hubby are not taxed. Can I still pay for things and my hubby claim for them? I have a disability and have two autistic sons. All three of us are registered as disabled with SARS.
How to measure kms
Posted 28 January 2016
I dont have a travel allowance and use my private car for work. My company does reimburse me for work related travel. Question is from where do my km's get measured as some days I drive straight to site from my house and not via office. How does the calculation look and lastly how much should they pay me per km?
How to do a pro-rata calculation
Posted 28 January 2016
I need to pay staff that start date 21. 01. 16 to the 31. 01. 16
need to know how to calculate and what deductions to make. I am in the restaurant business.
Can I claim tax on parking paid
Posted 28 January 2016
As a permanent employee, can I claim tax on monthly parking paid from my nett salary? My employer does not provide parking or contribute towards parking but I need a parking space in the adjacent building.
Do l get exemption from tax since l fund my own BTech: Civil studies
Posted 27 January 2016
I am a salaried employee and have just registered to study BTech Civil. I am fully responsible for funding my studies as the company does not sponsor BTech and it is in line with my profession as l currently have a diploma in civil engineering, so l want to know whether l am eligible to getting any form of exemption from income tax because the fees are rather high.
What to do when disability & medical on ITR12 is not part of ITA34 and received letter of completion
Posted 27 January 2016
Hello TaxTim, for the tax year 2015 I completed my ITR12 through e-filing on the 26-11-2015, including my disability totals. The same day I received the ITA34 but not reflecting my disability & medical costs. I also received a letter to submit supporting documents the same day and did so on that same day. I also filed a NOO on the 10-12-2015 objecting the fact that they excluded the disability & medical claim/section, accompanied by the supporting documents. They send me an SMS that I have to pa...
Read more →
What are fringe benefits?
Posted 27 January 2016
My company pays for my medical aid in full. But I get taxed more on my salary,They say its called fringe benefits. Please explain
Older posts →← Newer posts
21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41