Wear and tear on coffee machines?

Posted 22 May 2016

What is the wear and tear rate for coffee machines

Filing season start date?

Posted 20 May 2016

When can I start on my tax claim,

How to complete the IRP3(a)

Posted 20 May 2016

In terms of the IRP3(a), how does one do the manual calculations of the taxation that should be deducted if ''other''(X) is ticked under the directive reason, as there are calculations available for the retirement and severance benefits.

How does capital gains tax contributes to vertical equity?

Posted 20 May 2016

Explain how capital gains tax contributes to vertical equity.

How is CGT paid, is it deducted from gross investment or added to gross annual income

Posted 20 May 2016

If you are subject to capital gains tax, how is it paid, is it deducted from gross investment or added to gross annual income

Foreigner earning an income in South Africa

Posted 19 May 2016

Hi

I would like to know if a Zambian resident has a work permit in South Africa and gets paid per hour but into a Zambian bank account will he be taxed in South Africa?

VAT to be (not) charged to a EU company

Posted 19 May 2016

We are supplying product to a company NOT registered in South Africa. Invoices submitted will be paid to the entity in Europe through a forex payment. THe installation of the product and services will be done in south Africa through. Do we charge the Customer VAT and include the VAT calculation in our EU invoice to them.

Exclusion of R 40 000.00 of Capital Gains Tax

Posted 19 May 2016

Two sisters bought an apartment. When they sell the apartment, capital gains tax is applicable. This is not a primary residence. Is the R40 000. 00 exclusion for both sisters on the total amount of the asset or for each sister in calculating their cut of the income?

TaxTim and present SARS eFiling status

Posted 19 May 2016

If I register with TaxTim how is my present status as an SARS E-Filing tax payer affected?

Do I need to de-register as an SARS E-Filer?

2014 Tax Deductions Not Claimed

Posted 19 May 2016

A few years ago (in 2013) when I submitted my tax returns I omitted to claim for a large amount of medical expenditure. Can I rectify this situation, or, is it too late?

Is my income taxable if I only spend on average 3 months in a year in SA

Posted 19 May 2016

I am almost 70 years old and receive four pensions from the Government Employers Pension Fund (GEPF). The pensions form 98% of my income, the other 2% is derived from annuities. I have two children, one lives is Australia and is an Australian citizen and the other lives in London and is a British Citizen. I spend most of my time visiting my children for six months periods and only spend about 3 months of a year in South Africa. Am I liable to pay personal income tax in these circumstances. I hav...

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Tax implication on provident lump sum fund benefit

Posted 19 May 2016

I've been unemployed for the past six years. My tax number with SARS has been deregistered. Insurance company requested an IRP3 directive on my behalf from SARS. This was declined as I needed to re-activate my tax number. I'm awaiting for re-activation of my tax number. Presently I'm unemployed, will I be taxed and how much?

Can i setoff my personal rental against the rental income of my only property?

Posted 19 May 2016

I built a home, had to move for work and am currently renting out my primary and only property for R16500 per month. In the area to which I moved for my new job I now rent a flat for R10 000 per month. Is there any differentiation in SARS for this scenario or is it regarded as an income of R 16500, I don't mind paying tax on the difference, but it feels like exploitation if I need to pay tax on the full amount of rent earned, I spend R 10 000 on having a place to stay!

How do i submit a nil return on E-filing?

Posted 19 May 2016

You used to help with my tax return before I retired in June 2013. I cannot remember my password, and my e-mail address has changed. Please advise: I did not realise I had to submit a "nil" tax return from 2014 to date - my income has been way below the R105 000 taxable amount per year.

Am I paying PAYE?

Posted 18 May 2016

How would you know if you really paying tax?

How do I claim my travel expenses against my allowance?

Posted 18 May 2016

I'm a commission earner, started on the 1st December 2015. I have been using my car which I bought in July. I had a log book but some of my petrol receipts have faded a bit. When I started working as a commission earner my km where 6780, at the end of Feb they were 16956

I want to claim for travel allowance, should I use the deemed cost or the actual cost.

Do I earn enough to pay tax?

Posted 18 May 2016

Hi Tim

I started working online and get around R2000 -R3000 a week. Sometimes less, sometimes more. Some of the work I get is out of the country. So I just wanted to ask, must I pay tax or is the amount too little? Is there a way I can work it out or will it be best to just go in to their offices?

How to capture EMP501 and IRP5 values

Posted 18 May 2016

When capturing an EMP501 on Easyfile, under Liabilities, do I capture the payroll values exported from my payroll system for payment every month or do I capture the actual payments made to SARS for that month under liability?

How can I obtain a tax clearance certificate?

Posted 18 May 2016

How can I get my personal tax clearance certificate for income tax

Turnover tax, can one claimable expenses prior to the tax calculation?

Posted 18 May 2016

What expenses can be claimed before u calculate the tax payable on company that is registered for Turnover tax?

Can a minor's taxable income affect a parent's taxable income?

Posted 18 May 2016

My son is a model and his only 5 years old I submitted his tax return I registered him with SARS E-Filing, however I did not load myself as his representative which means telephonically they can not assist me however what I want to know is when loading myself as his representative at my nearest branch, would my tax returns at any point be linked to his or will it run separately?

Additional income, and when do I register for Provisional tax?

Posted 18 May 2016

If I do freelance work and get paid via Paypal what are the tax implications of withdrawing the funds into an FNB account, this would be a second source of income

Pension fund tax for divorce settlement

Posted 17 May 2016

What is the percentage tax paid on a pension fund in the event of a divorce?

Tax payable on retirement compared to resignation

Posted 17 May 2016

Do u pay more tax if u resign from your work?or is it the same as with reaching pension date.

Tax clearance certificate for emigration

Posted 16 May 2016

I am joining my husband in the UK shortly and want to know if I will need a Tax Clearance certificate from SARS in order to leave the country on a one way ticket through my spousal settlement visa. We have no assets in South Africa and I was under the threshold regarding income tax (tax was paid by my employer and I never submitted a tax tax return). We may be coming back to South Africa at a later stage and do not want to give up residency.
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