I'm a commission earner. I joined a company in January and I didn't earn any commission from January to 28 February. My previous IRP5 shows me working at that previous company for 10 months. Do I need an IRP5 with zero income on it for the 2 months at the new company? Would anything need to be submitted to show that I was employed for the 10 months at the first company and 2 months at the present company = the full 12 Months? Also, does the new company have to upload anything so that...
I'd like to schedule a once off session to discuss my tax status change. I've left employment and started working as a sole proprietor. I just need to know what I need to do regarding tax and how to submit my tax return with the split between the two statuses. Please let me know how I can set up a once off session and what the cost would be?
My wife and I are directors of our company. We have not paid ourselves a salary as such, but took money against a loan account during the year. We are provisional tax payers. We don't have any IRP5's as we haven't issued any in our company. How do we rectify this or account to SARS?
My primary source of income comes from an overseas company who I work remotely for (it's on a permanent basis but I'm not under a contract). I get paid every month, through TransferWise, in dollars. I also earn some income off royalty based products and some freelance creative jobs. I'm finding it quite complicated to set up a tax paying structure with this setup. Could you possibly give me some advice on how I could set up a tax paying structure with this way of working?
I've gone from working for an employer to freelancing and now I'm working on a contract basis. I'm not taxed on my contract income. All I do is send an invoice and they pay me and deduct nothing off that. I'd like to still pay SARS the PAYE, is that possible? (I have my own retirement fund).
I've been working outside of the country more than 6 months in a 12 month period with more than 182/60 day rule passed so that money should be tax free. If I earn in between those periods in South Africa, does that affect my tax free income that I am earning outside South Africa?
I'm working for a new company that started last year January (2016). All of the computers and furniture was inherited from the previous company (Re-branded the company, but doing exactly the same thing) how do I calculate depreciation with regards to Computers, Laptops & furniture?
I have one client in the US, I use all my own equipment and work from home. What type of taxes should I be filing? I am based in South Africa and bring funds through via PayPal, I am not taxed in the US as I am considered a independent contractor.
I am starting a career as a tour guide and the company will require us to sort our own taxes out. The amount of money I will earn per month will vary. The salary will consist out of a salary paid from the company per trip, as well as tips.