Tax Q&A
Ordinary taxpayer or provisional taxpayer?
How do I know if I am required to be a provisional tax payer? Does it depend on your income level or is it whether you have other forms of income aside from y
Read moreIS MY WAGES RIGHT
If I get R1250 AND WITH OVERTIME R1770 PER WEEK IS IT POSSIBLE THAT MY WAGES IS R1239. 43 WHEN DEDUCTING MY PAYE Please make use of our SARS income tax c
Read moreArbitration Award Taxation R100,000
Arbitration Award of R100000, HOW MUCH MUST I BE TAXED? What circumstances led you to receive the award? i.e. what was the nature of the dispute? The Em
Read moreWork in SA for UK company.
I'm a South African resident. I have a prospective job offer from a company in the UK. I will remain living in SA and work for them remotely. How does the tax
Read moreHow do you know I am still under audit after ITSA was issued?
I opened my SARS eFiling and saw that a ITSA was issued 2 days ago, stating that SARS owe me an specific amount. I knew I was under audit, and all relevant do
Read moreOn a leave payout of R9692,29 how much tax is to be deducted?
My employer has decided to pay for my leave as I have resigned and the leave amount is R9692,29, how much tax is going to be decided on this amount? The le
Read moreHow to calculate tax on bonus
How is tax on bonus calculated? It could be done in one of two ways:1) added to your salary for the month and the SARS tax tables apply2) Your PAYE is work
Read moreNo reply from SARS
I still have not received feedback from SARS on my tax returns. Please follow up. We see that you submitted the documents required from SARS on the 2 Dece
Read moreInterest free loan from parents
My parents are lending me R500k to assist in purchasing my first apartment. This is an interest free loan and we have a loan agreement that specifies that I h
Read moreDetail required on tax payable on property donation
My father has an un-bonded property (house) which he wants to donate to me (his son). 20% tax is payable on the value. When and by which individual is this pa
Read moreLiving Abroad - nil return
I have been working abroad for 2/3years in April, and was unaware I had to submit a nil tax return to SARS. I logged on and received a notice dated (current d
Read moreWhat percentage will they tax her?
Hi Tim me and my wife got divorced last year and she is going to get her 50% of my pension fund,she is 62 years old what percentage would they tax her on?
Read moreTax on modelling income?
I do modelling and get an amount of R780 before tax..... How much tax should I pay? The tax threshold is R73,650 per year - earnings below this amount per
Read moreI worked less than 12 months during the tax year
If I only worked for 10 months and 10 days continuous for the same employer what effect does this have on my tax payable. I was unemployed for the balance of
Read moreWill my dad be taxed as his income if I pay his gap cover for medical aid?
I want to pay GAP cover for my dad - he is the main member of the scheme and I the payer. Will he be taxed on the premium of the gap cover as income? The p
Read moreProvident fund withdrawal
I'm currently planning on changing jobs my provident is currently 95000. What happens to my money with the new withdrawal laws? will I be able to cash out the
Read moreVehicle Finance - should I be noting my monthly vehicle installment on tax return
Finance / Other Costs - Travel AllowanceHello,just to confirm the vehicle I current use for business travel is financed - would this be where I enter my month
Read moreDo I have to pay tax if I earn R6000?
I've just started my internship this month and I am expecting my first pay month end. I earn R6000 and I have registered for a tax number, do I have to pay ta
Read moreTax return to SARS
I submitted my tax return 16 November 2015. And from that time until now im waiting for payment. I have been calling SARS twice a week since then and every time
Read moreHow will I benefit on tax as an Uber partner?
Hi Tim I am a partner of Uber, ride sharing mobile app, owning my own car and working my own hours. Uber regard me as an independent contract driver. What wou
Read moreIndependent contractor reference material
As an independent contractor in the information technology sector can I claim reference and text books that I purchase from tax? - in many cases we in South A
Read moreWhen to deduct PAYE?
We have a temporary employee with a 3 month contract. The employee will not claim UIF and as she is a housewife this income will not be declared. Must we dedu
Read moreClarity on having 2 cars -company car vs car allownace
I am a shareholder in a private company. I get a company car benefit of R800 000 to be used for 1 or 2 cars. I am for best way to structure package. My wife
Read moreIs transferring of RA funds between RA's considered non-pensionable income
I am considering changing the retirement annuity I currently contribute towards. If I ask the funds to be transferred from one to the other, would this amount
Read moreWill I be required to take one third of my pension fund if I resign in June 2015. Turning55 in Sept
I am on an pension fund and was planning to resign in June before I turn 55years in September 2016 so I could get all my pension fund and not get one third. W
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