Not submitted returns since 2013

  Written by Marc   Posted 26 November 2015

I lost my job in August 2013 and I did not submit my tax returns. Can I still submit or are there any penalties imposed or is not necessary?

How do I get a Tax recalculation?

  Written by Marc   Posted 26 November 2015

I erroneously declared company Travelling in my 2015 tax returns, when I have Travelling allowance. How do I rectify this?

Sole proprietor can you claim startup cost and amount paid for business

  Written by Marc   Posted 26 November 2015

If you've bought a new business and you are a sole proprietor where can one complete the amount paid for the business?

I am due a refund but I don't have a 2012 tax return as I was studying full time.

  Written by Marc   Posted 26 November 2015

Hi there. I'm due a refund from SARS but it might be withheld as I did not submit a return in 2012. I wasn't working in 2012 as I was studying full time. Please advise what I need to do in order to ensure all my tax returns are up to date? Thanks

Is UIF levied on commission earners?

  Written by Marc   Posted 26 November 2015

Hi. Does commission earners pay UIF and if so, how much is deducted. The commissions payable is under R6000 per month. Does the employer deduct UIF on amounts below R6000?

If an expat individual salary processed in feb will the tax deducted for entire year or only feb

  Written by Marc   Posted 26 November 2015

If I have landed in South Africa on 20th of Jan 2016 and my salary for Feb 2016 is processed in South Africa. The tax would be deducted only for the month of Feb or for entire financial year that includes previous months wherein I was not part of SA.

Can I claim for med. Aid monthly contributions?

  Written by Marc   Posted 26 November 2015

Am I allowed to claim against my monthly contribution to my medical aid even if my company pays its portion?

Provisional tax once off situation?

  Written by Marc   Posted 26 November 2015

In the 2015 tax season my employer paid me my full salary and did not subtract PAYE. This was the case for 3 months. I did not get an IRP5 for that period. I know that I need to pay that tax portion How do I declare that to SARS? And avoid becoming a provisional tax payer

Do I get money from SARS?

  Written by Marc   Posted 26 November 2015

How do I know I got money at SARS

SARS code 3702 not being taxed

  Written by Marc   Posted 25 November 2015

Good day. I have codes 3701 and 3702 on my IRP5. I claim more then the SARS rate due to the fact that our rate includes fuel, maintenance, capital, insurance and depreciation. I was told by SARS the employer is not taxing the 3702 reimbursement. I now owe SARS. How do one correct such a scenario not to owe monies at assessment. Thank you
Regards

Car expense claims as a full commission earner

  Written by Marc   Posted 25 November 2015

I started as an estate agent and I have not kept records of my mileage and the car is paid up, what can I claim as a vehicle expense and depreciation

Mileage claims

  Written by Marc   Posted 25 November 2015

Good day, i work on the road every day and get my mileage paid to me monthly separate from my salary and don't get taxed on it. What do I need to submit my taxes?

How are personal assets to be valued? Personal assets given or donated to you?

  Written by Evan   Posted 25 November 2015

Am I correct in understanding that the valuation of personal assets is at cost price? What about personal assets that you have received as personal gifts/donations over say 10 yrs which in each year was under the annual exclusion rate. These assets have value yet cost is zero as they were given freely & gratis. How will/would SARs see this in an event of an Audit and a Home inspection?

Work done for previous employer after hours

  Written by Marc   Posted 25 November 2015

I have done some work for my previous employer after hours to assist until the new person is employed. We agreed upon a hourly rate. I must now be paid for these hours. What will be better for me:
1. To invoice the previous employer for the hours
Or
2. Let them pay me through their payroll as their employee?

What will the income tax implications be with both these options?

Travel Expenses - commission

  Written by Marc   Posted 25 November 2015

I work for a company. I am contracted out to a client. I gather I can claim travel costs from work to the client? I have maintained a log book but I have not received a travel allowance on my payslip from my company. How do I claim the travel expenses?

I am a provisional tax payer with an employee - I want to give him a bonus for December -

  Written by Marc   Posted 25 November 2015

I am a provisional taxpayer with an employee - I want to give him a bonus for December - does he pay paye/uif on this?

Lump Sum Retirement Fund deposit no longer accepted under SARS code 4006 in reassessment

  Written by Evan   Posted 25 November 2015

Hi. My 2013 tax return was reviewed this tax year and adjustments made by SARS to my Retirement Annuity fund which has now left me owing SARS a large sum of money where the original assessment actually gave me money back. If I compare the original ITA34 to the new one I can see that the previous SARS code 4006 which had an amount counted as part of my deductions now in the new ITA34 reflects as R0.

A bit of background to this is that I changed employees and my new employer did not offer a pension fund so I instead redirected these funds to my retirement fund...

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ITA34 report when receiving a non-taxable allowance

  Written by Marc   Posted 25 November 2015

The bank requires me to submit an ITA34 report for a loan application. My income is not taxable because it is an allowance from my parents. Is it possible to still get this clearance from SARS?

Have an IRP5 but am an independent consultant, how do I answer some questions?

  Written by Marc   Posted 25 November 2015

I was part-time employed for 5 months of Tax year 2015, for which I have an IRP5. But I have made income elsewhere throughout the year as an independent consultant (freelancer). I am a little uncertain how to answer some questions, such as: "Did you spend any other money related to your earnings that you think you can claim as a deduction? You must have an amount next to source code 3606 (commission) on an IRP5 to qualify". The expenses I'd like to log relate to work that is not reflected on an ...

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Are my medical expenses (besides contributions to medical aid) deductible if I earn R70 000 per mont

  Written by Marc   Posted 25 November 2015

Are my medical expenses (besides contributions to medical aid) deductible if I earn R70 000 per month

Why file a tax return?

  Written by Marc   Posted 25 November 2015

If you advise filing a tax return why do SARS say you shouldn't? I have been told by them not to.. I make minimal money at a very part time job. I do earn interest. I do have quite a few investments in my name too.

Medical aid supporting docs

  Written by Marc   Posted 25 November 2015

Hi. I have claimed for medical aid contributions and excess medical expenses out of pocket. SARS is auditing me, do I have to submit the actual slips for the out of pocket expenses (i. E. Every consult invoice and proof of payment)? Or is the summary from the medical aid (which shows claims and what was not covered - it has both full claim amount and out of pocket expense numbers reflected) sufficient?

Can I add bond & registration fees to a rental

  Written by Marc   Posted 25 November 2015

Rental - can I claim or declare bond registration fees and transfer fees on a rental

Medical tax credit change upon SARS review, can you help?

  Written by Evan   Posted 25 November 2015

I calculated that since my wife and kids were on separate medical scheme and that I was contributing towards this I would be entitled to a refund, which appeared on SARS eFiling as such. However SARS subsequently requested my tax documentation and reversed the same credit that was in my favor to me now owing them?

Can you help with this?

Want to know when SARS is paying my money; October has passed..

  Written by Evan   Posted 24 November 2015

I already file via SARS was suppose to get my money in October even, now I don't know what happened to the payment...
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