Car Insurance and Tracker
Posted 7 August 2013
Hi Tim
Can I claim for insurance and Tracker on my vehicle that is used for part-work and part-personal use?
What proof to submit to SARS for depreciation on a vehicle?
Posted 6 August 2013
I can't find the invoice for my car which I purchased new and paid for in cash in 2010. What proof would I need to submit to SARS instead to claim depreciation on this vehicle? (I work mainly for commission and I use my car mainly for business purposes).
Freelancer questions - Personal / business home office expense and wear & tear on a PC
Posted 5 August 2013
I am a freelancer & am registered as a provisional tax payer.
With regards to sharing rental costs, seeing that one of my rooms in my flat is used for my office, can I add detergents, coffee & tea to my list of expenses? If I had an office, these would come off as office expenses I'm sure. So seeing that I use the communal area of my house, i.e. toilet & kitchen, should the running expenses not be added to the amount I split between personal/business use?
With r...
Read more →
Can I amend my ITR12 to reflect a correct deduction after its been audited?
Posted 30 July 2013
Can I amend my ITR12 to reflect a correct deduction? I put a deduction for a work laptop that I purchased (I have a laptop allowance) in the wrong section and it was disallowed, so I need to change it. My ITR12 has already been audited and I've been refunded, but the disallowed deduction means I'm owed about R1300 by SARS.
What do I do next?
Depreciation on private car for work
Posted 29 July 2013
Hi, I use my car for work, and I don't receive a car allowance, I am only refunded for services and petrol, can I claim depreciation on the vehicle?
Tax Directive was 18%, but SARS taxed me at 25%. Why?
Posted 25 July 2013
Hi Tim,
My income is based on a 100% commission, no salary and no benefits. I applied for a tax directive from SARS and received one at 18%. However, when I did my return I was taxed at 25%. What am I missing here?
Confusion with respect to IRP5 given by company and battling with SARS eFiling
Posted 24 July 2013
I have gone through the completion of the IRP5 but my question relates to the actual IRP5. Ive been battling to complete it on SARS eFiling because it talks of source codes that are not corresponding. Also wrt my actual IRP5, last year in August I earned commission. This was above my normal monthly salary. My IRP5 form given by my employer does not reflect my monthly earnings only the commission and corresponding source code. I am baffled.
Why did we only get R500 back from SARS?
Posted 24 July 2013
My hubby requested that his Co deduct R500 pm extra since August 2012. Total of R500 x 7 = R3500
IRP 5 reads R 173 579 code 3601
R 105 831 code 3605 (This is actually his commission)
PAYE R 49 183.30 code 4102
However we are only getting back R500.30. Why not the R3500?
Which receipts to be submitted?
Posted 18 July 2013
What type of invoices and documents are supposed to be submitted with IRP5?
Expenditure for private person while overseas for business
Posted 18 July 2013
Where do I enter a claim for foreign expenditure on the ITR12? I run a S. African B&B, but went to the UK and France specifically to investigate buying a B&B overseas. Can I claim my expenses for this trip?
can you supply SARS with bak statements
Posted 17 July 2013
SARS asked me to submit supporting documents.I work for commission so I have a lot of deductions. As I didn't have ALL my slips, I submitted my bank statements and indicated on them what deductions I made. I also attached my garage card statement. However they didn't accept any of these deductions!
Is it possible?
SARS Income Tax brackets?
Posted 16 July 2013
I earn a basic salary on which PAYE is not payable, but I also earn commission sporadically on which I do pay PAYE. Do I have to pay PAYE on the total income earned or is it separate as the commission is not a set monthly income?
Hi Tim I earn only commission..Just want to make sure that the place I work at used the right code?
Posted 15 July 2013
they used code 3606 and 3698 on my IRP5...will SARS pick up that this is commission from that code?
Source code for Home Office?
Posted 14 July 2013
The SARS info states the formula how you can claim for Home Office, but what is the source code. I work part time on a commission basis and would like to claim for home office.
Can I deduct my uniform cost from my taxable income?
Posted 13 July 2013
I am a nurse and are required to wear a prescribed uniform and pay an annual fee for a practicing license. I do not get an allowance for either and have to pay for my own uniform and annual practicing license. Can I deduct these expenses from my taxable income?
Tax refund from using own transport?
Posted 13 July 2013
I have use my vehicle for official purposes in 2012 to 2013 and traveled 8553 km. Will l be get any refund or l will pay Extra?
Can your mobile logbook only be used if Tim does my tax return?
Posted 12 July 2013
I have already done my tax return sars only requires my logbook, however for future use the mobile app seems better to use?
Requirement To Submit Supporting Documents to SARS?
Posted 12 July 2013
Hi Tim
Nice site btw!!!
I have submitted my second version of ITR12 documents (Version 1 I accidently clicked file instead of save ...yes stupid me ). I was told in a nice love letter "Requirement To Submit Supporting Documents". So I submitted the same day all my logbook pages (so much fun) and got a letter of completion yesterday
My question is: Are they done with my returns and when can I expect return.Does the version 2 of ITR12 auto trigger the "Requirement To Submit Supporting Documents" and do I have to wait 90 days? ...
Read more →
What to hand in?
Posted 11 July 2013
What else should I hand in to accompany my IRP5?
Can I claim study fees reimbursement?
Posted 10 July 2013
I am a salaried, permanently employed person. I claim on a semester basis (based on what I pass), the module registration fees and textbook fees. Up until about a year ago, I would receive the full amount claimed from the company. Now I don't. When I queried this I was told that I am paying tax on the amount that I claim to the tune of 40% or something. I was also told that if I had allowed the company to register for me etc then obviously I wouldn't pay anything unless I fail a module.
...
Read more →
Can I claim for the depreciation of my vehicle for which I get an allowance or is that included?
Posted 10 July 2013
I get an allowance of R48 000 p.a and I incured costs of R75 000 inlcusive of the lease payment for the vehicle in my name. I also incured personal expenses of R765 not recovered from the medical aid. The SARS calculator retuned R9885. I dont think thats right.
If I work away from home can I deduct accommodation costs?
Posted 6 July 2013
I live in the Cape but have been working in Johannesburg for six months of the tax year. The company I work for has given me an IRP5 and submitted that to SARS. I am paying for a B&B in Jhb privately - can I deduct that from my salary?
SARS Return Status.
Posted 5 July 2013
What does a SARS status of "Return - Data submitted to ITS" mean. I already have a ITSA. Just wondering about the status.
What deduction can be claimed against income code 3713?
Posted 5 July 2013
What deduction can be claimed against income code 3713. What allowable expenses can be claimed by an individual if they earned R162 650 Code 3713 R37 106 Code 3606.....?
Commission earned for tax purposes?
Posted 5 July 2013
If I earn some commission in addition to my salary, can I claim my travel expenses and cellphone bills.
Older posts →← Newer posts
27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43