Tax Q&A
I did not keep a vehicle logbook and now SARS wants more details
I did not keep a log book but when I did efiling I said I do have one. Now Sars wants me to forward them more details, what do I do? I have a desk job and don't
Read moreTravel Claim against car not in my name
Hi Tim I get a travel allowance but the vehicle is not in my name, SARS have done an audit and now I need to submit the Purchase / lease contract in respect of
Read moreEarliest date of tax year
What date do I put into my tax return where they ask for earliest date of tax year? It would be the first date that you started working, the earliest it can
Read moreCan I submit my payslip as proof of overtime?
My IRP5 doesn't have my overtime written on it. Can I provide my payslip as proof of the overtime? You can, but SARS may not accept it and this could lead to
Read moreHow much tax rebate does an employer get if he's paying 50% of medical aid for his employees?
Say a company has 100 employees and the employer turnover is over R20 million per annum, if employer is planning to contribute 50% in medical aid and retirement
Read moreI've not filed a tax return in years, what should I do?
I've not filed a tax return for the last few years, though my company has been taking tax off my paycheck. What should I be worried about? What should I do
Read moreTax number for business
I need a tax number please for my business. If you are trying to obtain a tax number while running your business as a sole trader, then click on the link pro
Read moreLump sum tax on backpay?
Hi TimI am employed by the Department of Education. Last year (2012) the DOE did not pay my salary for 6 months (April - September), I then received the 6 month
Read moreIs the efilling training/workshop available?
Is the efilling training/workshop available where I can attend and learn how to complete the efilling sheets? We are independent of SARS who run the worksho
Read moreDo you have to pay SA tax on joint pension of - R60,000 (R30k each)?
My husband and myself receive a British pension each. Not a full pension, something like R60,000 a year between us. Do we have to pay south African tax on it? Th
Read moreHourly rate "net of tax". What does this mean?
I am starting a new position with a multi-national US based company, and my letter of appointment lists my hourly rate as "net of tax". I am not sure
Read moreWhat is "taxable income" on my payslip?
On my payslip there is a huge amount called taxable income, what is it? Do I owe SARS or is it owing me? This is the figure representing your income earned
Read moreHow much does TaxTim cost if paying up front?
I don't understand your pricing. How much do I pay if paying up front? I am a returning user Thanks for using TaxTim again! Sorry that pricing is confus
Read moreDoes the receiver of a gift pay tax on the money?
My Dad gave me R60 000 to pay for my studies at a university in the UK. Do I need to pay tax on this gift? You do not, there is no tax on donations made unde
Read moreTax nr
Good day. Please I need my SARS nr. Please contact 0800 00 7277 to retrieve your tax number.
Read moreYour source code is not on my IRP5
The source code you ask for is not on my IRP5. I don't have 4003 or 4018. Then you do not contribute to Income Protection or Provident Fund and the question/
Read moreWhen must I start paying tax with (Pty) Ltd and should my company be audited, if so when?
Hi Tim,I've registered a (Pty) Ltd at CIPIC to act as a holding company to launch all my ideas through and operate from its bank account. I am confused howe
Read moreI want to register and do the claim after I get my tax number
Can I register and do the claim after I get the my tax number? You need to register for a tax number by following the link How to get a SARS tax number and t
Read moreAre Directors entitled to also pay PAYE to SARS on their salaries/fees monthly?
Are Directors entitled to also pay PAYE to SARS on their salaries/fees monthly? Yes, directors pay PAYE on their fees if the amount is constant each month. I
Read morePractitioner can't submit or search for ITR12 on efiling
Hi, I registered as a tax practitioner on the SARS efiling website but now I can't access my clients, like I cant get into their files. I am stuck. Please co
Read moreI am unable to pay with my cheque account: "Bank not supported"
Why can't my cheque account pay for Tax Tim? Sorry that you are having trouble. The error message you should have seen was "Bank not supported (31)". This me
Read moreCan l get a tax clearance certificate if l do not have a tax reference number?
I need a tax clearance certificate but l do not have a tax reference number. The form says I should have a tax reference number, can I still get a tax clearance
Read moreDoes the system handle lump sums and capital gains?
Does the system handle lump sums and capital gains? Yes it handles capital gains as well as the IRP5/IT3a you would have received from whomever you received
Read moreDo I owe SARS?
I did my efiling on Tuesday and I have received an SMS saying "thank you for submitting your irp5. account balance is R8886 due by you." Do I owe SARS or does S
Read moreCan a non-resident South African citizen take out inheritance from SA?
I've lived out of SA for 22 years and have held dual nationality (SA and UK) for the last 12 years. I rarely visit SA and have not spent more than 3 weeks ther
Read morePage 266 of 317
Showing 6626–6650 of 7902 articles