First time provisional tax payer

  Written by Evan   Posted 28 July 2015

I have earned a additional income for doing sideline work in computers. This is the first time I have done something like this and think I need to register for provisional tax (feedback that I got on your website from answering the questions). How can I get this done effortlessly as I need to pay my first provisional tax installment for 2015 on 31 Aug from what I understand.

3 work related expenses, where do I allocate them and how much?

  Written by Evan   Posted 28 July 2015

I spent R4 085.53 on vehicle maintenance tyres, 25/08/2014. I spent R25 748.85 on cellular bills, at least 60 to 70 percent of this annual bill was work related (14/15). I spent R5 553.44 on vehicle insurance for the year (14/15).

My question is, where would I associate these expenses to?

Is the widow`s pension suppose to be taxed?

  Written by Evan   Posted 28 July 2015

I always told that I am owing SARS because of my widow pension, can you advice because SARS does not know how much must be taxed from my widow`s pension as is not enough to be taxed.

Do I charge VAT?

  Written by Evan   Posted 28 July 2015

I am offering a service to a company that is in Durban for a whole week. My accommodation and transport costs are billed to the client. My question is that does the accommodation costs attract output VAT for my company. Do I charge VAT for the accommodation billed to the client?

Entertainment allowances exceeded

  Written by Evan   Posted 28 July 2015

If an employee receives an entertainment allowance in advance and he goes and incurs expenses over and above the allowance and keeps records of this, what happens to the additional expenses?

Can dependent claim Medical Aid portion they pay?

  Written by Evan   Posted 28 July 2015

If my spouse pays her portion of the Medical Aid (and half of our child's medical aid), can she claim this back from SARS, even though I am the Main Member? Obviously when I submit my tax return it would be less this portion.

Car allowance for not owned vehicle

  Written by Evan   Posted 28 July 2015

I am receiving a car allowance as I am using my own car and am a sales rep. The car is not in my name, it's in my brothers name, but I am paying him an amount of R3200.00 per month. SARS requested me to send them the lease agreement or similar in order to complete my audit, what can I sent to them?
I also entered the cost price on my SARS eFiling as R150000 instead of R105000, how do I get that corrected?

Claiming for elderly dependants medical aid contributions - Supporting documents

  Written by Evan   Posted 28 July 2015

My parents are both pensioners and dependent on me financially. I pay for their medical aid, while I am on another medical aid. I have included both medical aids on my tax return, with the appropriate number on dependents noted every month.

SARS has asked for supporting documents to be submitted. I submitted: yearly contribution summaries from both medical aids, monthly invoices from my parent's medical aid addressed to me with my bank account details on them, debit order statement from my bank showing both being deducted every month as well as a covering letter explaining the situation. ...

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Learnership agreement tax deductions

  Written by Evan   Posted 28 July 2015

I am a permanent employee at a company that trades and makes money from an aviation sector. We are a charter company basically. Am I correct in saying that if I enter into a registered learnership agreement with my company doing a course that is aviation-related, can my company claim deductions for said learnership agreement?

I stand corrected but it should be R30 000 per 12 month period and R30 000 for completion. I am also a permanent employee does this make a difference when enter...

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IRP5 banking details differ at SARS

  Written by Evan   Posted 28 July 2015

An employee in my department had his salary paid into his wife's bank account. Upon the entity providing him with his IRP 5, he stated that the HR department must have requested the information which he would like to have on his IRP 5, probably because now his registered details with SARS, (banking details), will not correspond to the details on his IRP5.

Is the onus not on the employee to provide the company with valid and correct banking details?
Or can the employee change t...

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Are contributions towards GEMS and the GEPF tax deductible for government employees?

  Written by Evan   Posted 28 July 2015

Are contributions towards GEMS and the GEPF tax deductible for government employees?

Claiming medical bills from SARS

  Written by Evan   Posted 28 July 2015

I paid almost 10k in medical bills which medical aid did not cover. Yet SARS only paid me R100.00 back.

Tracking progress after submitting documents

  Written by Evan   Posted 28 July 2015

How do I track progress after submitting my documents to SARS?

Can I get a closer date for my pay out?

  Written by Evan   Posted 28 July 2015

I have done my tax returns and received a pay out date. Can't it be moved forward?

What does due by you means?

  Written by Evan   Posted 27 July 2015

I received an email this morning it says amount due by you. What does this mean?

Submitting tax for the first time

  Written by Evan   Posted 27 July 2015

I am submitting my tax returns for the first time. I am doing it through a tax consultant. He says SARS is now asking for proof of address, bank statement and a copy of my id?
Is this normal?
If so how long does this process take?

Retrenchment on IRP 5

  Written by Evan   Posted 27 July 2015

If I was retrenched and paid out, where to do I put the amount that I was paid out and how does this effect my tax return?

Need my GEPF IRP5

  Written by Evan   Posted 27 July 2015

I need my GEPF IRP5. Can GEPF fax or email me my IRP5 from them?

Severance payment

  Written by Evan   Posted 27 July 2015

What are the tax implications for compensation resulting from unfair dismissal by an employer?

Travel Allowance and take home pay

  Written by Evan   Posted 27 July 2015

Using your tax calculator, why is the travel allowance deducted from your take home pay? I understand 80% is included for your PAYE calculation, but your travel allowance should get paid out, unless the company pays costs on your behalf. What am I missing?

Declaration of income earned overseas after I leave SA

  Written by Evan   Posted 26 July 2015

I will be leaving SA next month to work in Canada for the foreseeable future. I would have been out if the country for more than 183 days by the end of Feb 2016. I will have an IRP 5 with a salaried income in SA until the end of July 2015.

When I file my tax return next year, do I have to include the overseas income earned from August 2015 to February 2016? I do understand that I should not be liable to be taxed on the overseas income but would prefer not to declare it at all if that...

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Income protection policy contributions

  Written by Evan   Posted 26 July 2015

I have contributions to an income protection policy. The policy belongs to my employer due to the fact that we used be on basic plus benefits but we have now moved over to cost to company. Are these contributions deductible by myself or not. If not what code should they be under in my IRP5?

Are source codes 3601/3605 the same as 3697/3698 on my IRP5?

  Written by Evan   Posted 26 July 2015

Why are source codes 3601 and 3605 the same as codes 3697 and 3698 on my IRP5?

How do forex traders file for tax-returns?

  Written by Evan   Posted 26 July 2015

I am a forex trader. How do I file for tax returns, based on the profits and loses I have made?
Does my profits fall under capital-gains or income from self-employment?

Should monthly Child Maintenance received, be declared as part of my income?

  Written by Evan   Posted 26 July 2015

Do I include child maintenance received monthly as part of my income? I'm a provisional tax payer, and would like to start on preparing my IRP6 due in Aug. Also, my daughter lives with me, and contributes a monthly amount towards household expenses. Does this amount also have to be calculated as income?
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