Tax Q&A

Renewal of tax clearance certificate?

What must I bring to SARS if I want to renew my tax clearance while the physical address is not in my name? Tax clearance can now be done online via SARS e

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Health insurance deductable?

How Do I Report My Health Insurance On my Tax tax return? Unfortunately, health insurance/ GAP cover is not claimable (i.e. deductible) for tax purposes. On

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How to calculate travel expenses?

I will be claiming tax back on travel for business use for the first time. I have maintained a logbook since starting my new job in the middle of the current

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Donations between spouses

My companion and I have been living together for many years however we are not married. He recently sold his house and the money was used in purchasing anothe

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Multiple IRP5's received for one tax year

I received two IRP5. The second is for the Lump Sum I received after retrenchment, however no tax was deducted. I tax directive number was provided. Should I

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Tax implications if one receive a subsistence allowance

We travel for work purposes, and are considering getting a daily allowance paid instead of submitting our expenses. What is the amount allowed per day / other

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How to apply for a Tax Clearance Certificate

Do you need to be audited first in order to get a tax clearance certificate? What is the quickest way and process to obtain a TCC? No, you do not need to

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How to confirm foreign banking details with SARS

Hi, Could you please let me know the procedure to confirm my Indian Bank Details. I am an Indian Citizen and working in South Africa in Work Permit. I would l

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Is all income taxable together?

If I earn a salary and then also bring in extra monies for side jobs, do I add up all the money I earn and then calculate how much tax to pay or do I keep the

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Tax refund on a contract position

I worked for a company from end of May 2015 to end of September 2015 on a maternity leave contract basis. The gross of this contract was over R33 000. Can I c

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Tax exemption for Offshore workers

I read a previous post about "Offshore workers" and tax exemption. I fit the profile with my work situation, but do I still need to stay out of the country fo

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Tax deductibility of vehicle lease payments for independent contractors

I am an independent contractor. I do not earn any salary. I currently have a vehicle on which I claim a travel deduction. My vehicle requires replacement. I w

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I am married in community of property, how will I be taxed on an investment?

How will I be taxed as I am now retired an have invested the money and draw monthly interest we are married COP monthly 13k You would be taxed on your sh

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Medical aid tax deduction

If I,m a beneficiary on my partners medical aid can I claim medical aid as a tax deduction? I pay the money into his account and then the medical aid debits hi

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Can I be considered an independent consultant?

I am currently an independent consultant, however at the moment 80% of my income does come from a single client. This is because I have not yet found more cli

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Is GAP cover tax deductable?

Can an individual claim gap cover contributions on their tax return? Unfortunately not, GAP cover is not ta deductible unfortunately.

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Information on out of pocket medical expenses

What expenses be covered as out of pocket medical expenses. Can the vitamins, extra supplements, liposuction, any cosmetic surgeries be covered under such exp

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Can one claim Uber back as travel expense for a business

As a freelancer, can I use my Uber receipts as mileage for work? If you are self-employed, you can claim all business travel expenses and therefore uber r

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Ho often does one submit the IRP6?

How often does (and when) provisional tax need to be submitted? I thought it was once every 6 months, but the SARS date list says it has to be submitted every

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Which proof of expenses should I hold onto?

Which receipts should I take a picture of? Or, which expenses should I note down in preparation for tax time? Are you self-employed or a salaried employee?

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TaxTim logbook query

My phone was stolen, and with it my logbook :( How do I get it onto my new phone? Oh no! I'm sorry to hear that. If you log into TaxTim, then visit the pag

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Is dental insurance tax deductible

Is dental risk insurance a tax deductible Unfortunately not - this is a short term insurance product and like medical Gap Cover, is not tax deductible.

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Members loan

I have a member loan account of approx R1m rand. I wish to reduce this by R100k by transferring this money to my personal bank account. The members loan accou

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Allowable tax deductions when building a personal residence

I have purchased a plot in 2015 and built a house. Are there any amounts in the purchase procedure and the building process that are tax deductible and are ba

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How do I calculate my leave pay?

please help to calculate my leave pay What is your gross salary? 11000.00 You will get approximately R5,600 gross pay (R11,000/21.67 X 11) i.e befor

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