Is VAT on commission subjected to income tax?

Written by Neo
Updated 31 March 2022
If an individual who is a registered as VAT vendor acts as an Agent and earns commission ad obviously charges output tax and declares it to SARS.
I.e. Someone who has invoiced out R100.00 and declared an output tax of R13.04 to SARS, when the time comes to file their personal income tax does the person have to declare the same amount being R86.96 excluding VAT as their commission income and do they have to pay income tax on the above amount?
Will that not be double taxati...
Read more →
How do I reset both username and password on eFiling?

Written by Marc
Posted 31 March 2022
Q: How do I reset my login name and password on eFiling.
I typed three times and now I'm blocked.
VAT on interest

Written by Marc
Updated 31 March 2022
I have a business that collects debt on behalf of other service providers, we eventually charge interest if the payments are overdue longer than 3 months. Are we required to charge VAT on this interest?
I want to know how to print my tax certificate?

Written by Marc
Posted 31 March 2022
I just want to know if it possible for you to e-mail me the tax certificate.
How do independent contractors get taxed?

Written by Marc
Posted 31 March 2022
I will be taking a new job that requires me to be a contractor. There are mixed opinions on how contractors get taxed. The consulting company assures me this is a flat rate of 25%, but on reading SAICA's website I found this little nugget: " If the independent contractor works more than 22 hours a week, he/she must be taxed in terms of the income tax tables".
I will definitely be working more than 22 hours a week, can you tell me things will work, please?
The question of tax relates to how you are perceived to be working for the "employer" to whom you will be contracting out to...
Read more →
I have a tax number, but how do I verify it?

Written by Marc
Posted 31 March 2022
I want to find out whether it's registered in tax office.
Drop-shipping and taxes

Written by Neo
Posted 31 March 2022
Q: Tax on Sole Proprietor Income
Is there a way I can register for PAYE on Sars Efiling?

Written by Evan
Posted 31 March 2022
Q: How to Register for PAYE on eFiling
I can't get into my SARS e-filing. Rejecting my user name and doesn't know my e-mail address.

Written by Marc
Posted 31 March 2022
Q: I can't get into my SARS eFiling.
I do have a new email address but I tried my old e-mail address and that didn't work either.
How should an online freelancer pay tax?

Written by Marc
Updated 31 March 2022
Hi there, I need some advice. I currently work full-time but will be going freelance from April. I have already started some freelance work on the side, and wanted to know how I should go about paying tax for this? Most of the Freelance work I am doing is on an online website (for countries all around the world) and I transfer the funds into my bank account each month. No tax is taken off of this by the website, so I wanted to find out how I should go about paying tax, would it be a monthly or y...
Read more →
Independent Contractor versus Personal Service Company

Written by Neo
Updated 30 March 2022
I'd like to get some clarity on whether there is a difference between an Independent Contractor and a Personal Service Company?
How much should I expect for tax on leave payment?

Written by Evan
Posted 30 March 2022
Q: How much tax would I pay on my leave payment
Can I get a copy of my IRP5 form online?

Written by Evan
Updated 30 March 2022
Where else besides from my employer can I obtain an IRP5 form? I no longer have the one I received.
Where to find proof of income tax reference number?

Written by Nicci
Updated 30 March 2022
I need documented proof of income tax reference number - not IRP 5 or salary slip. Where do I get this? I need this for retirement papers.
How do I see if SARS owes me money?

Written by Marc
Posted 30 March 2022
How do I see if SARS owes me money?
Calculation of fringe benefit tax on use of a company car. / deduction claim

Written by Alicia
Updated 30 March 2022
Calculation of fringe benefit tax on a company car. Car owned by the company used for business purposes and a small amount of private (home to work etc) Codes 6020 and 6035 are used. One is for the value of the vehicle and the other is the amount taxable. Does this get added to the taxable income? will code 6035 be the one that contains the taxable portion?
What is a tax residence?

Written by Neo
Updated 30 March 2022
What is a residence tax number for South African citizen? I would like to get some more clarification on this because I am not certain whether I am a tax resident in South Africa or whether I am not such.
I forgot my tax number. would you help me find it without consulting a branch?

Written by Marc
Posted 30 March 2022
Q: I forgot my tax number, would you help me find it without consulting a branch
How to get my tax number via email

Written by Alicia
Updated 30 March 2022
How can I get my tax number via email rather than going to SARS?
What is UIF

Written by Alicia
Updated 30 March 2022
Is UDF the same as tax?? and if not do you know what the diff is??
Notice issued on SARS eFiling, explain please

Written by Marc
Updated 30 March 2022
Q: "Notice Issued on SARS eFiling. IT34 Notice for 2015/1". I submitted my tax returns yesterday and received this SMS afterwards, what does it mean?
Negative amount on my SARS statement

Written by Alicia
Posted 30 March 2022
Q: Negative amount on my SARS statement
Can I get help I forgot my password and username for SARS eFiling

Written by Evan
Updated 29 March 2022
I lost my SARS eFiling username and password I need help. I already registered at SARS.
How to fill in the CRA01 form

Written by Marc
Updated 29 March 2022
I live with my brother at his house, on the CRA01 form where does he fill in and where do I fill in?
How would I calculate my rate per hour if my salary is R15000 per month

Written by Marc
Updated 29 March 2022
How do I calculate my hourly rate if my salary is R15000 p. Month before deduction
Older posts →← Newer posts
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20