Tax Q&A
How does a voice artist submit tax returns?
I'm a voice artist and I was employed as a freelancer I need your help to file my tax return as I was paid by many different companies. Please can I get some
Read moreCan I claim the medical aid contirbutions I paid on behalf of my ex husband?
I have been paying medical aid for my ex husband, do I insert that as contributions made by myself, as I did not include this in my last submission? Are yo
Read moreWhen do I use code 3616 and 3601?
We have a few sub-contracting individuals. Some of them provide ad hoc services to us when we call on them. They often work remotely or at a clients offices,
Read moreCan I deduct salaries paid to my helpers from my sole proprietor income?
I am "unemployed" but make money with blogging. I have 5 bloggers/writers who help me but are not formally employed by me. I pay them every month. If I earned
Read moreCan I claim if I only worked for 3 years?
Hi,I've only been working for almost three years which means ill only be claiming for two years and I'm a contractor can I still claim Yes you can still cl
Read moreIRP5 Form for new tax year, can I claim back the tax I paid now already?
I worked for a firm March to July 2016 as a temp and according to them I only need to submit my IRP5 Form next year 2017. They advised me that they will only
Read moreLoss on rental property is SARS right in ring fencing it?
We rent out our holiday home and make a loss as the maintenance and interest is always more than the rental received. SARS has now decided to ring fence this
Read moreDo I still need to file an ITR12?
As a provisional Taxpayer I have submitted Period 1 & 2 for IRP6 for 2016 but need to know if ITR12 should also be completed and also be submitted to SARS, pl
Read moreWould I be able to get my tax refund?
Good day,I was employed for 3 years,and I was dismissed last year february. So would I be able to get my tax fund? And I was supposed to get 40 000 from pensi
Read moreWhat should I do if I want to change my banking details with SARS?
How can I change my bank details online Please click on the link to see How to change your banking details at SARS
Read moreInterest on Vat invoices
Good Day, I want to send out a statement to a client. And I need to ad interest on the outstanding amount. Should I calculate the interest on the non-vat amou
Read moreWhat is the SARS source code for compulsory purchased annuity?
I have purchased a compulsory guaranteed annuity from a life insurer with funds which were transferred from a living annuity with another life insurer. The li
Read moreHow do I declare the income earned from a group savings?
We have a group savings; we have received a tax certificate for it. How do we claim for it? As there are 3 signatories and in total there are 6 people contrib
Read moreWhat should I do with the IT3(a) and IT3(b) I received?
I received it3a and b from GEPF what can I do with it? The IT3a should have been submitted to SARS already, so you will see it on your tax return when you
Read moreI can't authorise tax tim
I am registered as an organisation rather than a person (it seems) and I am unable to verify Tax Tim in the way you suggest as a result. Can you give me anoth
Read moreCan i split the amount on the medical tax certificate?
My dad is retired, in November his medical aid stopped coming off his payslip, and he has to pay it out of his bank account. So my question is,On his IRP5 the
Read moreCan I get refunds on my bond repayments?
Can I get refunds on my bond repayments? You unfortunately cant claim back the instalment, but if you are receiving rental income for the property whose bo
Read moreBond repayments on a rental property
Rental income which I have declared. The bond repayments, is that part of expenses? What about the extra R1000 which I put towards the bond repayment? Where
Read moreHow do I get the base cost?
I recieved a share scheme pay out. I do not have an ITc3? How would I go about completeing the capital gains portion of the document, as I do not have a base
Read moreIs the interest from an inheritance in a foreign country subject to taxation in SA ?
An inheritance is received by a South African resident following the death of a family member in the UK. The bulk of these funds remain in the recipient's ban
Read moreDo I pay tax on hospital plan payout after a hospital stay?
Do I pay tax on hospital plan payout after stay in hospital? No you are not liable to pay tax on it, but you should declare on your tax return in the sect
Read moreDo I pay tax on the funeral plan payout?
My wife passed away in the 2016 tax year. Do I have to declare the funeral plan payout as an income when submitting my taxes? Do I pay tax on the funeral plan
Read morePrevious Tax Returns missed? What to do?
How to do I submit previous tax returns that I missed (they required docs to be physically submitted). I want to get all my tax up to date so they can pay out
Read moreNotice from taxtim that my return is submitted
How will I know that taxtim have submitted my tax return You should receive an email from TaxTim telling you that the tax return was received by SARS and t
Read moreTax paid for small business owner, PAYE and or Individuals tax?
Hi Tim, I am a small business owner, my company is registered, I have no other employees at the moment. Should I pay myself a salary so as to avoid withdrawin
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