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Salary / IRP5 Posts in Tax Q&A

How do I efile previous tax years returns?



I have monies owing to me by SARS. This money was not paid over due to previous years tax returns not submitted. I have received the old IRP5s from my old employer and I am trying to submit these old tax returns on eFiling. However there is no option to do this. How do I go about his?

Tax rebate



I did not reconcile my 2014/2015 taxes due to misplacing of IRP5. I now have it. Can I stil reconcile? I received a backpay in Jan 2015 for backdating of promotion
the backpay was taxed quite a large percentage of it..... Will I get a tax rebate/refund?

Contractor tax registratiom



I am a contract worker at my company. And I invoice the owner for my time and then get paid as per invoice. Can you please advise how to go about registering for tax.

Confused about tax on bonus



I earn 3000 per month but last year in December my boss asked me for my tax number after that I got a bonus. So what I would like to know was he gonna tax me for only that one month

Tax on provident fund



I am emigrating overseas what would the tax be on my provident fund of - R 200,000

Tax deduction on 10.5 days



What tax do I pay on 10. 5 days leave that is due to me and am resigning from the company

Unemployed tax payer-Do I inform SARS



I was a 1 year contract worker and a tax payer but my contract ended and I'm nolonger working. I am still in the first month being unemployed and looking for a new permanent job. Do I need to visit a SARS branch to inform them to avoid pernalties and if yes what documents do I take along?

Ordinary taxpayer or provisional taxpayer?



How do I know if I am required to be a provisional tax payer? Does it depend on your income level or is it whether you have other forms of income aside from your salary?

IS MY WAGES RIGHT



If I get R1250 AND WITH OVERTIME R1770 PER WEEK IS IT POSSIBLE THAT MY WAGES IS R1239. 43 WHEN DEDUCTING MY PAYE

Arbitration Award Taxation R100,000



Arbitration Award of R100000, HOW MUCH MUST I BE TAXED?

Work in SA for UK company.



I'm a South African resident. I have a prospective job offer from a company in the UK. I will remain living in SA and work for them remotely. How does the tax work if I am to be paid in Pounds? Do I get taxed in the UK and in SA?

The offer on the table at the moment is between £30k - £38k PA.

On a leave payout of R9692,29 how much tax is to be deducted?



My employer has decided to pay for my leave as I have resigned and the leave amount is R9692,29, how much tax is going to be decided on this amount?

How to calculate tax on bonus



How is tax on bonus calculated?

Detail required on tax payable on property donation



My father has an un-bonded property (house) which he wants to donate to me (his son). 20% tax is payable on the value. When and by which individual is this payable? How is the property valuated, and by whom?

What percentage will they tax her?



Hi Tim me and my wife got divorced last year and she is going to get her 50% of my pension fund,she is 62 years old what percentage would they tax her on?

I worked less than 12 months during the tax year



If I only worked for 10 months and 10 days continuous for the same employer what effect does this have on my tax payable. I was unemployed for the balance of the tax year (ie 1 month and 21 days unemployed)

Will my dad be taxed as his income if I pay his gap cover for medical aid?



I want to pay GAP cover for my dad - he is the main member of the scheme and I the payer. Will he be taxed on the premium of the gap cover as income?

Vehicle Finance - should I be noting my monthly vehicle installment on tax return



Finance / Other Costs - Travel Allowance

Hello,

just to confirm the vehicle I current use for business travel is financed - would this be where I enter my monthly finance installment or is this not supposed to be noted on a tax return?

Do I have to pay tax if I earn R6000?



I've just started my internship this month and I am expecting my first pay month end. I earn R6000 and I have registered for a tax number, do I have to pay tax?

How will I benefit on tax as an Uber partner?



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



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?



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



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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Is transferring of RA funds between RA's considered non-pensionable income



I am considering changing the retirement annuity I currently contribute towards. If I ask the funds to be transferred from one to the other, would this amount be considered as non-pensionable income when I file my tax return. If so, am I therefore liable to pay tax on this amount even though it is being transferred from one RA to another directly without coming to my bank account directly.

Company Tax?



Can you help register my company with SARS or do you only help with individuals? I need to register my company in order to get a reference number before I can apply for PAYE and Income Tax. Only once I have this reference number can I apply for Income and PAYE tax and only once I have an Income Tax Number can I apply for my permit.
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