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Latest Posts in Tax Q&A

Do domestic workers pay PAYE?

  Written by Marc  

Do they pay PAYE?

emloyment tax compliant

  Written by Marc  

I am employed by a new company from 1 April 2012, after i resigned from the Dept of Defence, so i did not receive my tax IRP5 to comply for 2012,how do i go about complying for 2012 tax compliant.

Please assis

How to register a small business, my tuck shop, I want to be tax compliant!

  Written by Marc  

I have a small business how do I start to be a tax compliant for my business?

Work over Internet and want to pay taxes! How?

  Written by Marc  

For the past 5 years I have been doing work over the 'internet' for an international company. Only now I have become aware of having to pay taxes. I am not registered. For the last 2 years I've received a steady income of R6 000 / month. I don't have a physical address or contact number for the company as we communicate through email. The company email me sketches of a building then I create a 3D model of the building and send it back.
How will paying taxes work for me ? Will there be pena...



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Do I need to submit deductions if total income is less than tax threshhold?

  Written by Marc  

Over the past years I went to great lengths to work out all my expenses for my provisional Tax return for my small, part-time therapy business and renting out a small flat. Do I really need to do this even if my total income does not reach the tax-threshold? This question still pertains to last tax-year (ending 28 Feb 2012),

Can I claim back on RA contributions if my business is the payer?

  Written by Marc  

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.

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

- 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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

How to register a company on eFiling?

Are these tax-deductible medical expenses?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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

  Written by Marc  

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?

  Written by Marc  

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?

  Written by Marc  

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?
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