Tax return to SARS
Posted 20 January 2016
I submitted my tax return 16 November 2015. And from that time until now im waiting for payment. I have been calling SARS twice a week since then and every time I call them its a different story. I'm currently out the country working in Ghana and is difficult to call all the time. All my paperwork is handed in and correct. They keep on telling me I'm under audit and they will escalate it for me. What can I do?
How will I benefit on tax as an Uber partner?
Posted 20 January 2016
Hi Tim I am a partner of Uber, ride sharing mobile app, owning my own car and working my own hours. Uber regard me as an independent contract driver. What would the tax implications be for me as an individual?
What will be the tax benefits as a company?
Independent contractor reference material
Posted 20 January 2016
As an independent contractor in the information technology sector can I claim reference and text books that I purchase from tax? - in many cases we in South Africa do not have access to some of the international training and this is one of the ways we keep our knowledge current and stay marketable.
When to deduct PAYE?
Posted 20 January 2016
We have a temporary employee with a 3 month contract. The employee will not claim UIF and as she is a housewife this income will not be declared. Must we deduct PAYE?
Clarity on having 2 cars -company car vs car allownace
Posted 20 January 2016
I am a shareholder in a private company. I get a company car benefit of R800 000 to be used for 1 or 2 cars. I am for best way to structure package. My wife has a R200 000 car and I have a R400 000 car. I do very few business km and ride my private motorcycle to work mainly. I am thinking of switching my car to car allowance. I assume that if I switch then my wife's car is no longer a company car and there are no tax benefits/deductions allowed for her car? As far as I am aware you cannot have...
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Percentage of resignition
Posted 19 January 2016
How much money will be deducted by SARS on resignation with 430000,00 for 10years 6months?
Provisional tax expenses to claim
Posted 19 January 2016
As a provisional taxpayer, what expenses can I claim to reduce my tax. I travel to clients, can I claim my travelling, also I had to replace engine and clutch I this tax year, can I claim for these expenses and what portion would I get back from SARS
Tax Refund for taxpayers?
Posted 19 January 2016
SARS Haven't paid me my refund for 2014 / 2015 both was audited. They say I must summit my 2008 IRP5 and the company that I worked for at that time doesn't have any record of it now. They say I must get an Affidavit at a police station and summit to them. What must be written in the Affidavit?
Travel
Posted 19 January 2016
If you are self employed and pay provisional, can we use the SARS tables or are we required to give actual costs.... I. E. Fuel repairs...,,
If we are required to give actual cost can we claim back finance repayments or the interest only, aswell as 20 % depreciation...
Tax rules for foreign income for SARS?
Posted 19 January 2016
Please advise the tax rules for working outside of SA? No income is earned in SA only abroad.
Is it correct to say the marginal tax rate is different to the effective tax rate?
Posted 18 January 2016
Marginal tax rate: Is a person who is taxed at 41% actually taxed at 41%? Because of the fact that there is a primary rebate of R73,650 the tax payer is not taxed on the full amount at 41%. Thus the effective tax rate is less than 41%. Is this correct?
Taxable Earnings
Posted 18 January 2016
I always see on my payslip the word TAXABLE EARNINGS. Do I have to claim that amount?
Exceeding 8000km for 3703 code
Posted 18 January 2016
Hi Tim. Each month, my payslip has indicated payment of non taxable reimbursement of travel expenses to me. Having exceeded the 8000km, should my tax return indicate the 8000km reimbursement as tax free (3203) and the excess as taxable (3702), or does the entire amount become taxable (3702).
My employer has put my full
How will SARS know what's petty cash and what's income?
Posted 18 January 2016
I get petty cash from my company deposited in my account throughout the month and year, how will SARS know it's petty cash and not an income?
My husband had to buy a car to use for business purposes, may he claim this from SARS?
Posted 18 January 2016
My husband had to buy a car to use for business purposes, may he claim this from SARS? This was part of his employment contract with the company
Concern
Posted 18 January 2016
If I earn R1236. 00 per week what is my taxable deduction
How much do I set my travel allowance amount for this tax year?
Posted 15 January 2016
I should be able to claim a travel allowance as I am consulted out to one or more clients on a permanent basis from my employer. However, I don't have a travel allowance on my payslip and I need on in order to claim. I can request for an allowance to be added, but it needs to be added as a matter of urgency to be part of this tax year. Question is how much do I set the amount to? Would it need to be 12x what the normal amount should be?
Can I claim Provident Fund from SARS?
Posted 15 January 2016
I am a member of a Provident fund does this mean I can claim from SARS? Like I would with an annuity
Am I supposed to pay tax?
Posted 15 January 2016
I am a foreign student studying in South Africa, I got a part time job earning about R20,000. I resigned after 2yrs 8months. I was informed there is a provident fund I was to collect. The company was deducting tax from me every month. Was I supposed to pay tax? And will this affect the tax directive for me to receive my provident fund
Tax rules for foreign income
Posted 15 January 2016
Please advise the tax rules for working outside of SA? No income is earned in SA only abroad.
Salon tax
Posted 15 January 2016
I own a small salon. It's doing pretty well. It's been 6 months since it opened. It has its own business account. I have 3 employees, 1manager (7k) and 2 casuals (3k monthly). Problem is I don't knw where to start; how should I go about with SARS and my business, what should I bring? I contacted an audit company and they requsted 12 bank statements. I have 6months. is it early for my business to do SARS....? And my employee who earns 7k and me should I tax our salaries by where to pay?
Tax Deduction from Provident Fund
Posted 15 January 2016
I had R300 000 tax deducted from my late husband's provident this year - will i qualify for a tax refund? I am unemployed i was dependent on my husband fully
Do directors have to pay PAYE?
Posted 14 January 2016
I have seen a few times where directors of companies are not paid the same amount each month. The company does not pay PAYE over each month (in fact company is not registered for PAYE) and all that happens is the director declares his total earnings/drawings for the year in his ITR12 at the end of the year. This amount then corresponds to the "directors emolument" line item in the financial statements. Is this okay to do this?
Tax Returns - process?
Posted 14 January 2016
What and when is the procedure for claiming tax returns?
Vehicle repayments
Posted 14 January 2016
Hi Tim I am a solely commissioned based earner for one company can I claim vehicle repayments
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