Can I claim back on RA contributions if my business is the payer?
Posted 28 January 2013
I'm self employed, I have a retirement annuity but my premiums are paid through the business.
I live in South Africa, but working for a offshore company.
Posted 28 January 2013
I live in south africa, but working for a offshore company. They pay me a salary/package, but do not deduct any paye/tax from me. I need to sort this out myself with sars from within South Africa
What is the process that I need to follow?
What is a SARS audit?
Posted 27 January 2013
WHAT HAPPENS IF I ASK A PRACTITIONER TO HELP ME WITH E-FILING AND YOU LATER DISCOVER THAT I WAS SELECTED FOR AUDIT? DOES IT EVER GET REMOVED ON MY NAME AFTER A CERTAIN PERIOD?
Please can you advise on how to complete medical expenses including disability on 2012 ITR12?
Posted 27 January 2013
I would really appreciate your advice on completing the medical expenses section on the 2012 ITR12.
We have large amount of both disability expenses and other medical expenses NOT paid by medical aid and am not sure how to complete the Medical Deductions section on the ITR12.
The certificate from the medical aid shows an amount not paid by them - where do I put this amount? Is it code 4020?
Do I need to split the other medical expenses incurred and not paid by the medical aid, into disability and other and show them separately, ie disability 4023 and other added to 4020?...
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How to calculate an asset depreciation calculation?
Posted 27 January 2013
1. Is it possible to claim for depreciation for individually-purchased PC components? For example, if I purchased a monitor separately, or custom-built a PC (HDD, RAM, CPU, etc.). If so, would I use the "Computers: Personal" asset type when performing the calculations?2. If an asset is used for work non-exclusively, would I simply claim a percentage of the depreciation? For example, if a monitor cost R3000 and the deductable amount was R900 for the tax year, but I used it only 80% of t...
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Am I entitled to claim home office expenses?
Posted 27 January 2013
- I am a web developer.
- I use a separate room (a study) for work.
- My earnings are *not* commission-based.
- I pay rent for the study (to my parents)
- The study (and the PC etc.) is used /- 85% of the time for work purposes (therefore technically not "exclusively")
The requirements are very gray. Firstly, why must it be commission-based income? Secondly, why must it be exclusive-use if I could simply calculate business-use as a percentage? (for example, if I p...
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What can you claim if you earn commission?
Posted 27 January 2013
I earn a salary but more than 50% of my income is commission, what can I claim back?
Ho much tax do I have to pay?
Posted 25 January 2013
I work as a facilitator I pay tax but not sure how much and how they calculate it. How much tax do I have to pay p/m if I earn R13 000?
What is tax on a pension fund withdrawal?
Posted 25 January 2013
I resigned from my previous employer on the 28th Fevruary 2012 and got paid a pension lump sum in April 2012. The lump sum was taxed at 18% (witheld by the pension administrator). I got employed in August 2012 and I am on a new pension fund and paying PAYE normally. For my 2013 tax return, will SARS refund me the tax the deducted for me cashing out the pension lump sum?
How do I register for eFiling?
Posted 25 January 2013
How to register a company on eFiling?
Are these tax-deductible medical expenses?
Posted 24 January 2013
1. Eyeglasses (frames & lenses) and the preceding eye test at Spec-Savers.-- If so, would this fall under "impairment" or general medical expenditure?-- If you then purchase new frames & lenses, is it again tax-deductible?2. "Cosmetic" surgery (the removal of moles, to be more specific).
If I pay and get my tax return, can I go back and change my answers?
Posted 24 January 2013
I do not have all the information yet but I completed the return as far as I think is correct.
I would like to pay and get the tax return for the year. Afterwards I would like make adjustments and get the return again.
Is that possible?
Can I have two tax numbers?
Posted 24 January 2013
I have been working for a company from July 2007 - up to date. Another company also want me to help them out. Can I use the same Tax Number and how do we work out the Tax?
If I submitted my tax return in December 2012 when do I get my refund?
Posted 24 January 2013
I submitted a tax return via eFiling in December 2012, I'm a first time taxpayer and pay R500 a month, when am I supposed to get my refund?
Timing of additional tax rebate on attaining age 65, how does it get calculated?
Posted 24 January 2013
I turn age 65 in August this year. Will I receive the additional "over 65" tax rebate (currently R 6 390) for the full 2013/14 tax year or will this be pro-rated from the month after I turn 65 (ie September 2013)?
Am I registered as a taxpayer?
Posted 24 January 2013
I am employed and have being paying tax for a while but have not received any confirmation from the company to show that I am registered. How do I find my tax registration number?
Completely new to this, should I be paying tax at 22?
Posted 24 January 2013
I am in a pretty unique situation. I am 21 years old, I study through UNISA and have 2 real jobs during the week- both aupair positions.
I earn R3 000 from one and R6 500 from the other, I also get an additional R1 000 from my parents. My employer from the R6 500 job,has indicted that she has already registered me for PAYE, but doesn't deduct it from my salary as I fall below threshold.
Is there any other tax I should be registered for? if so, what tax and how do I go about...
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overdue tax
Posted 24 January 2013
Can you help with overdue tax returns from 2006? Are there any other costs involved?
When claiming depreciation on a vehicle can you also claim the repayments?
Posted 23 January 2013
I am a small business owner/operator and i use a bakkie for business, which I purchased in the last tax year (2012). If I claim the 5 year depreciation can I also claim the monthly repayments on the vehicle?
Thanks
I have not submitted the August return, do I send 2 in February?
Posted 23 January 2013
My tax consultant only now told me as a provisional taxpayer I should have done a return for 2012/2013 tax year in August and a second one in February. It is now late January - so do I send in two returns or just one?
Employer letter - Why home office should be allowed as a deduction (commission earners)?
Posted 23 January 2013
I am the financial manager of an insurance company and one of the employees has asked me to prepare a letter as requested by SARS. The letter is to motivate as to why the home office of the employee should be allowed as a deduction.
I would like to know what I need to include in the letter to make sure that the information is 100%.
I tried to request a provisional tax return But Status: Awaiting Registration Verification???
Posted 23 January 2013
I've registered as a provisional tax payer as i am a school teacher earning R5 000 and I earn commissions that add up to around R15 000 pm. I cannot get the return to fill it out though. Says Status:
Awaiting Registration Verification
I am a student and self employed with part time earnings of R6 600, how do I register as a taxpayer?
Posted 23 January 2013
I am a student and work for myself part time getting an amount of R6 600 a month. I have a registered tax number and need help with what to do to pay tax please and would like some assistance.
SARS lump 2 salaries together, a full time and a part-time salary.
Posted 22 January 2013
My wife worked full time for Johannesburg General Hospital for 2011 and she started to work part time from the 1st of December 2011 for Doctor Gordon's practice. SARS has add the two salaries. Now my wife must pay R17 000. Her part time salary is about R5 000 or less a month. PAYE of R3438.75 has been deducted from the period 01/01/2012 to period 28/02/2012. Annual PAYE deduction tables dated 2011.03.01, shows that PAYE of R3438.75 falls between an annual salary of R78 840-R78 889. I have a feel...
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How to get a tax refund?
Posted 22 January 2013
I have been submitting my IRP5 for tax return for the past 12 years but I have never received a refund, why is that?
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