TaxTim says: 17 June 2013 at 22:11 Are the studies as part of your career path? |
Sepoko says: 17 June 2013 at 23:01 Yes, the studies are as part of my career path |
TaxTim says: 18 June 2013 at 19:37 If you are earning a salary - even if it is for time off - then you will still have to pay taxes on those earnings, however there are sections within the tax act that then allow for this income to be exempt from tax provided you meet the criterion - Foreign Income The allowance received will be subject to certain exempt amounts, a per day allowance, but you will have to pay tax on the difference. If your employer is paying for your studies you may be subject to tax on this as well. However they will provide you with an IRP5 for all of this. Your actual salary as mentioned above will most likely be tax exempt if you meet the requirements. |
TaxTim says: 20 June 2013 at 12:37 Only a pleasure! |