Tax Q&A

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Learnership tax return

SARS says that I have an outstanding tax return for 2010, I was on a learnership through BankSETA which did not contribute for PAYE and UIF, the stipend was R

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Deduction for travelling to work

Where do I enter my deduction for travelling to work as an independent contractor? All I find is this:"Did you spend any money on business travel which you do

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Any tax on inheritance of a house

My daughter will inherit my primary residence. Are there any tax implications for her and/or for my estate? Like CGT for example. There will be no tax imp

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What taxes would be applicable to my gross salary in UK?

Dear Tim, I am a provisional tax payer in South Africa. What would my tax parameters be if employed and paid by UK company? Will you be working in SA?

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Completing Statement of Assets & Liabilities being married in community of property-what do I do?

1. With respect to completing the Statement of Assets & Liabilities: I am married in community of property. Do I declare the value of joint assets/liabilities

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Income from consulting

Where do I indicate my income from freelance consulting? I was not employed and thus did not receive an IRP5/IT3a from an employer. You would make use of

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Do all provisional tax payers pay twice a year?

I am sure I am a provisional tax payer, however, I have only paid tax once a year in the past. Is this right? If you are a provisional taxpayer then you sh

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Find out if I am a provisional tax payer?

Am I a provisional tax payer? Please go through our questions to determine if you are a Provisional taxpayer?

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What to do with medical slips if not member of medical scheme?

If I am not a member of a Medical Scheme; but keeping the slips of Medical Expenses, can I fill that amount to my Tax Return form. If yes; where to fill it?

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Declaring financial derivative gains on the ITR12

I earned income as the result of trade in financial derivates. I am not a professional trader and do this in my spare time. How do I declare this on the ITR12

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Can you assist me to retrieve my SARS eFiling log in details?

Can you assist me in retrieving my SARS eFiling log in details? You need to please call 0800 00 7277 to retrieve them from SARS.Or try this link.

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Total tax withheld

Good day, I've completed my tax return. Section 4149 on the completed form says "tax withheld". what does that mean? This means that your employer has kept

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Wrong IRP5 submitted by employer

My employer submitted wrong IRP5. What do I do? You need to get your employer to submit the corrected IRP5 first before filing your tax return with SARS. O

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Medical aid claim for claims submitted after year end

Hi. I submitted a medical aid claim after the tax year end for a procedure which was done in February 2015. Medical aid only paid a portion of the claim due t

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2014 correction - wait or submit along with 2015 now?

If I need to make a correction on the 2014 tax year. Do I need to get that resolved before submitting my 2015 tax? No, you do not need to resolve it before

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Do I complete my tax return if I started work in April 2015 earning R8000?

I started working at my current company in April 2015 earning a gross of R8000, before I was earning R5800. Do I file for tax? If your salary was R5,800 pe

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Refund not received yet

Good day. Done my SARS E-filing. Got confirmation of a credit of a couple of hundred rands due to me. This was quite a few weeks back. I haven't recieved any

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Over the counter medication vs prescription medical claims

Why can I not claim for over the counter medicines that I have to purchase and is then cheaper than going for a doctor's consultation and still pay for prescr

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Provisonal tax versus monthly tax

I am currently an independent consultant and I know I currently qualify as a provisional tax payer. Is there a way of paying my tax monthly (as a normal emplo

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Can you assist with complicated tax return, involving extra income, provisional tax etc?

My situation is pretty complicated. I am a provisional tax payer. I earn extra income for 3 properties, but also from a side business. All goes through my own

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Tax on Receiving Foreign Funds over R100 000

My mother is moving to RSA and wants to transfer an amount of R250 000 into my account to 'hold' for her until she sets up her RSA bank account. The amount is

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Independent contractors - which form?

1- If a person is an independent contractor which form do they fill?2- What happens if they have not been paying provisional tax, are there penalties? They

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Where do you include deductions in terms of a business as a sole proprietor?

I know a medical practitioner who in addition to working at a hospital, started their own private medical operations in Jan. As a sole proprietor, I understan

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Assets & Liabilities, I'm a member of a CC that is dormant, do I still need to account for that?

Assets & Liabilities, I'm a member of a CC that is dormant. Do I still need to account for that? No you can ignore that section.

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Verification of income tax declaration

I have submitted my tax returns and they called for my 2013 tax return which I did, they then called for verification of income tax declaration for the PAYE a

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