Tax Q&A
How much will I get from SARS if my income tax is 52 212,00
How much refund will I get if my tax income is R52 212;00 Please use our Tax refund calculator to work out how much of a refund you could be getting.
Read moreBy who provisional tax is paid?
Who pay privisional tax Provisional Tax is paid by the taxpayer if they meet the criterion of a Provisional Taxpayer. You can find out more about provisiona
Read moreHow do I claim study fees from my employer without being taxed heavily?
I have a query regarding the payment of exams. I recently registered and paid via my credit for an expert certification exam costing R20000. My company agreed to
Read moreDoes the marriage of a non resident to a resident in the Republic deem them a resident in the Rep.?
Does the marriage of a non resident to a resident in the Republic deem them a resident in the Republic? They do not meet the physical presence test and aren't o
Read moreProvisional Tax and charging Tax?
If I were to open a small company (sole proprietership) doing plumbing work, would this make me a provisional tax payer even if its my only source of income? Al
Read moreVehicle depreciation?
I recently started my own business and I use my vehicle to collect stock/supplies and also to deliver to my clients. Can I claim the cost of my yearly vehicle
Read moreDeductions on rental income - what is allowed?
When doing deductions from rental income, for tax purposes, please advise which of these are deductible:1) Monthly service fee charged on the bond;2) Special l
Read moreSubmitting a tax return for a new small business?
I registered my business last year and started trading officially as a (Pty) Ltd in October 2013. I registered with SARS and submit my EMP201 via e filing on th
Read moreSARS wants me to submit supporting documents, but the document list is empty
I think SARS owes me a refund because my ITA34 reflected a negative number and said "refund due to you". Anyway they are now giving me grief, disputing my refun
Read moreInsurance paid out to cover the cost of installing new units. Would this be capitalised?
Our aircons were stolen and insurance paid out to cover the cost of installing new units. Would this be capitalised? The expense is R19 000. This would be a
Read moreIn Maternity case, will SARS use 8 months or use total salary for tax year?
Both my wife and I receive a salary from our CC. She was on maternity leave for 4 months (Aug-Nov) in which she didn't receive any salary, only her UIF.Everythi
Read moreREMIND ME PLEASE OF MY TAX NUMBER
I WAS REGISTERED AS A TAXPAYER WILL YOU PLEASE REMIND ME OF MY TAX NUMBER You need to contact 0800 00 7277 in order to retrieve your tax number.
Read moreDo I pay tax on interest from a fixed deposit?
I have a fixed deposit at a bank for 2 years and interest is accrued yearly but paid on maturity, do I pay tax? If the amount is less than R23 800 (for under
Read moreHow long will it take for SARS to pay out my refund?
How long will it take for SARS to pay out my refund? I submitted my tax returns on 18 Feb 2014 and would like to know when I can expect the money? If you wer
Read moreCan I practice as a practitioner?
what are requirements for a person who intends to start a business in tax consulting and providing help to issues such as tax clearance certificates to client
Read moreHow do I "unregister" from the requirement to submit an annual tax return?
I have in the past submitted a tax return (ITR12) annually as required but I have now retired and my annuity & pension income is now less than R60 000.00 pe
Read moreSARS requesting private km and logbook for everyday of the year in addition to business travel?
I'm claiming tax on my travel allowance and submitted my logbook based on the SARS logbook. Earlier today I was notified that my travel claim is disallowed. Whe
Read moreHow much will I clear after tax with a salary of R15 000 pm?
How much will I clear after tax with a salary of R15 000 pm? Please use our salary tax calculator to calculate your after tax salary.
Read morePenalties on provisional return payments?
I assess my income for the year on the 25th February 2014, make a payment to be sure that estimates are going to 90 % correct, on the 27th February 2014 a large
Read moreHow do I get mt my tax reference number no on the internet?
How do I get tax reference number on the internet? You can retrieve this on your eFiling profile when you look at your current return. This would be your inc
Read moreWhat is the PAYE formula?
Mr ab is paid a monthly salary of R20 000 as well car allowance of R2 500. He belongs to company pension fund and contribute an amount equal of 7.5% his basic
Read moreMaximum amount an RA can be, to qualify for a single payment?
I seem to remember that the maximum cash single amount (R75,000) that can qualify to be taken on retirement of an RA is to be increased to R150,000. If you a
Read moreCGT Losses carried forward?
I'm a provisional tax payer over 65. If I have a CGT loss of say R50,000 do I carry forward the R50,000 or R20,000 (R50,000-R30,000)? CGT losses can be carrie
Read moreHow can I benefit for tax the most from Retirement Annuities?
What is the MAXIMUM amount of tax free benefit I can get in the 14/15 tax-year? I understood that it is R 350 000 or 27.5% of taxable income. What happens if I
Read moreTax registration on new income?
I am intending to buy and resell products from a MLM company. The profit is calculated on how much you buy the products for. Is it necessary for me to register f
Read morePage 242 of 317
Showing 6026–6050 of 7902 articles