Tax return for laptop

Posted 1 December 2013

I have purchased a dell laptop few months back online in Germany. Now, I am leaving germany permanently and will settle down in India. It is written in Frankfurt airport website that "If you are leaving the European Union and live outside it, you are entitled to refund on the value-added tax paid on all merchandise purchased within the EU." So, can I claim for the tax return for my laptop in the airport although it was purchased online and already used for few months Please let me know...

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Tax on variable monthly income?

Posted 30 November 2013

My monthly salary varies as it is based on number of clients seen etc- does this affect the way PAYE is calculated? The PAYE I am getting charged is almost double the guidelines set out on the SARS table?

VAT issues:registered vs non-registered vendors and correct manner of preparing invoice by non-reg?

Posted 28 November 2013

If a business is operating from home and provides basic bookkeeping services. Income generated is well below the VAT threshold and the client requires an invoice, what is the correct manner in which the invoice must be prepared by the bookkeeper? Client is a registered VAT vendor while bookkeeper is not.

I am disputing my payment with SARS?

Posted 28 November 2013

I have files a notice of objection as I do not think I was reimbursed for my travel expenses. How long will it take for SARS to come back to me?

How to invoice customers re VAT as sole propieter if you are not VAT registered.

Posted 26 November 2013

I am starting a solar business as a sole proprietor and pay VAT on all the hardware I buy.
How do I invoice my customers? Surely I cannot charge them VAT as I am not registered. I have also heard that if your turnover is less than 1 Million a year you cannot/should not register. To further complicate things for me company's want VAT invoices.

Medical aid as a business Expense?

Posted 22 November 2013

This past tax year I paid full independent medical aid contributions for my family. In the year I was unemployed, earned income for some consulting, and then was employed for a few months. Does the medical aid monthly payment come off my business expenses the months I earned my own income? or do I just make use of the tax credits system?

Tax problems for traveling?

Posted 22 November 2013

From what year did you have to submit a logbook for travel allowance?

IRP5 has more than 8000 km booked on source code 3703?

Posted 21 November 2013

My employer books my business travel on 3703, however last year I traveled more than 8000 km (11 000 km). This has triggered an audit of my tax return and resulted in me having to pay full tax on the 3703 amount. To my understanding, I should object this and ask my employer to update my IRP5 to 3702, which I then send as a supporting document with my objection. Is this correct?

I have approached my employer, they say they are unable to change my IRP5 and I should simply pay the tax. I believe this is incorrect....

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Unregistered employer wants me to invoice them for PAYE / UIF deducted. How do I do my tax return

Posted 21 November 2013

My employer is not registered with SARS but deducts PAYE and UIF from me every month.
They also do not give me a salary slip.
How do deal with my tax return?

They have suggested that I invoice them for me the amounts deducted and that I deal with it myself.

Can I add my earnings from an employer on eFiling if they don't issue an IT3(a)?

Posted 21 November 2013

I am a freelance designer and I submit my return via eFiling. All my clients barring one have uploaded an IT3(a) for me. They say they don't issue tax certificates to non permanent employees. Can I add them on eFiling if I don't have a tax certificate from them as I don't have all the required details to fill out?

When do you apply for a Tax directive?

Posted 21 November 2013

When do you apply for a Tax directive? I joined the financial planning industry (commission based) in January 2013 and I was told that I must wait one year before I can apply for a Tax directive.

As a financial planner, what deductions can be claimed?

Posted 21 November 2013

As a financial planner (commission based only), what deductions can be claimed?

How will my tax work when I work in SA for a foreign based company?

Posted 20 November 2013

I will be working for a UK based company from my home in SA. It is a very small business my sister has opened. I will be receiving foreign currency in either dollars or euros. I will earn a monthly salary. Will I pay normal tax? Will I pay tax in UK before I get my salary? How will this work for me? How will I get an IRP5? I wont be getting R250k per year but I am already a registered tax payer with the company I currently work for. I registered and submit returns every year even though I dont ...

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Are proceeds from a pension fund transferred to another fund considered non-taxable income?

Posted 18 November 2013

I changed employers, shortly before the beginning of the current tax year. At the time I transferred my pension/provident contributions across to another investment future fund (as you are allowed to do legally) without benefiting or receiving any physical proceeds. I have subsequently received an IT3(a) from the previous pension fund for the lump sum amount which has been recorded on my current pending tax return. I would assume that this is considered as non-taxable income ?

Do I sumbit a tax return?

Posted 15 November 2013

How do I know whether I need to submit a tax return? I am registered but have never submitted a return. I find the sars website a little confusing as they state: 'You are liable to pay income tax if you earn more than R63 556 in the 2013 year of assessment, and are younger than 65 years of age. ' BUT also state: 'What is the threshold for the non-submission of ITR12 returns for individuals for the 2013 year of assessment?Although a taxpayer still has to register for income tax he/...

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Must IRP5 be part of supporting docs?

Posted 15 November 2013

I do not have a copy of my IRP5, it was however submitted to SARS as it reflects on eF.Sars asked for supporting documentation, can I just submit the med certificate and logbook or must I get a copy of the IRP5 as well?

How to verify tax number but I'm away from South Africa?

Posted 14 November 2013

Im living abroad for a few months and before I can get paid (I'm a freelance photographer ) I need to have my tax number verified, but I'm in Germany and will be here for a few months perhaps even longer.
otherwise they will deduct 30 percent.

Problem with eFiling Tax calc?

Posted 12 November 2013

When submitting my eFiling I am unable to enter my Travel Claim details. Also, when I look at my Tax calculation there is a R0 total shown next to Medical Expenses.

DIFFERENCE BETWEEN DEPRECIATION CODE 4027 AND WEAR & TEAR

Posted 12 November 2013

What is the difference between tax code 4027 on the personal tax return and wear & tear under claim against travel allowance?

Do people get such a big refund from SARS?

Posted 11 November 2013

Is it possible that year I can get a refund of almost R35 000? I have put in all my incomes and expenses...but am a bit worried. I do have a directive and am claiming for certain expenses as a sole commission earner. Last year was a refund of only a few thousand rands, same as previous year and year before that I had to pay in R55 000 or so as I was new to the whole directive thing and I chose the wrong %. So since then I made sure boss takes off lots of tax.

Can you claim a daily $ allowance from SARS for business travel outside of RSA?

Posted 10 November 2013

I am a South African resident, that often travels across the border for business purposes. These trips are usually only a few days long and are paid for by the company. It has been mentioned to me that there may be a system called per diem, in which one may be able to claim a $ allowance amount per day spent across the border. Do you know anything about such a system and if so, how does it work?

Calculate Wear and Tear / Depreciation using Interpretation Note 47

Posted 2 November 2013

My question has to do with Calculate Wear and Tear / Depreciation using Interpretation Note 47.

Can one claim depreciation on a personal car that one uses to get to work and back?

Tax instruction - what is it called?

Posted 31 October 2013

What does one call an official instruction from SARS pertaining to the method in which an employee is taxed outside the norm?

Basic Salary Below Threshold + Extra Commission Earned

Posted 30 October 2013

I earn a basic salary that falls under the threshold (R5000 pm) but then earn commission which bumps it up over the threshold. Now this commission can vary, from R500 to well over R1000. How do you calculate this per month, as each month will fall into a different bracket (referring to the SARS monthly tax deduction tables). Do we simply look at the total amount and deduct the applicable tax applicable in that bracket each month?

Tax directive not issued to SARS for retrenchment?

Posted 30 October 2013

My company forgot to do my tax directive when they retrenched me in Sept 2012. Paid me in full the amount. Can I get the company to issue me with a tax directive now?
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