Claim tax on training from employer

  Written by Alicia   Posted 25 January 2017

My company is sending me on a payroll course, can I claim back the amount I had to pay for text books and traveling to and from campus?

Import VAT claim

  Written by Alicia   Posted 23 January 2017

I have just registered my pty Ltd this January 2017 and I need know what tax should I collect for SARS when invoice clients for the products I will be selling. When I registered my company at CIPC I received a doc from SARS for the company named income tax., do I use this when invoicing on the place of VAT is this the inc Me tax I should collect for SARS from clients? Thanks

Can I claim back the tax I pay on my travel allowance?

  Written by Alicia   Posted 23 January 2017

I have a code 3701 on my IRP5, can you tell me how the tax is calculated on the amount please?

Can I claim for all 3 vehicles I used on my tax return?

  Written by Alicia   Posted 20 January 2017

I've changed cars during the tax year, how should I handle my travel allowance calculations and log book?
1) How would I should I go about maintain my log book? should I keep a different one for each vehicle. 2) I have also leased a vehicle whilst waiting for my new vehicle, how should this be recorded?
3) How should I cater for my new Vehicle in my tax return if the new vehicle cost is greater than my old vehicle?

Tax on commission only

  Written by Alicia   Posted 18 January 2017

Can you tell me how tax on my commission is calculated please?

How do I pay tax on my foreign earned income?

  Written by Alicia   Posted 26 December 2016

If I work for a USA company and earn e.g. $65,000 per year and the company does not have a brand and or is not registered in South Africa, what is the tax process?

I imagine - (please correct me). I receive full amount monthly and need to register as a provisional tax payer and pay SARS normal PAYE twice per year? Note I will not be traveling more than 183 days per year. Is there a possible benefit of registering a business and paying myself from the business a lower amount?

How do I declare my income from freelance writing?

  Written by Alicia   Posted 28 November 2016

Hi there, I just wanted to know which fields I should fill in/select. I'm a freelance writer and want to declare my income from this work (in addition to full time income).

This query relates to question 4283 "Please add up all your business incomes and then subtract all your business expenses, as declared here. This will tell you if your business made a Profit or a Loss. Using the business code table, please enter the applicable 4 digit profit / loss code that describes your ...

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When am I allowed to claim for my business traveling?

  Written by Alicia   Posted 24 November 2016

If I am an individual working for an employer through a contracting house, can I claim a travel expense for the distance traveled to a client? Do I need the contracting house need to include a specific travel allowance item on my payslip?

Can a landlord claim travel expenses in relation to the rental income?

  Written by Alicia   Posted 25 October 2016

If the landlord has driven from JHB to CT, for example, primarily to effect repairs & maintenance on their rental property between tenants, as well as to meet with prospective letting agents for future employment, can they claim the petrol for this trip? (Approx. Two thirds of this time was spent on rental-related activities, showing the apartment etc, & one third of the time was recreational). If a deduction is possible, what proof does SARS require? Thanks very much.

Freelance & Full time job tax submission, can I complete this on one form?

  Written by Alicia   Posted 20 October 2016

I have a full time job, but do freelance on the side. I would like to submit for my job as well as my freelance, including the mac I bought, my Fiber line rental and anything I purchased to run my freelance job. Is this possible? Which option should I apply for?

Are retrospective changes to an IRP5 possible with SARS?

  Written by Alicia   Posted 14 October 2016

I am an independent contractor and do consulting work for a number of companies at any given time. When the one company submitted the 2016 IRP5 they erroneously categorized my source code as 3601, instead of 3616 for independent contractors, hence I cannot claim costs. I have asked them to amend the IRP5 but they say they cannot because they have finished their tax recon and signed off on 2016 and can no longer make changes. Is this true? What alternatives do I have?

Can I claim for depreciation on my vehicle?

  Written by Alicia   Posted 27 September 2016

Can I claim for wear and tear on my personal vehicle and how do I do it? I kept a logbook because I am getting a non taxable allowance for the km driven for business purposes.

Freelancer and full time employee, how does my tax work?

  Written by Alicia   Posted 27 September 2016

I am full time employee and I have already submitted this current year's tax return.
I am a freelancer in my spare time as I started doing online work and earning dollars.
What is the tax implications and how do I go about it? Could I claim back on the use of my computer etc.?

Can I claim my business travel expenses against source code 3703 if my km travelled exceeded 8000km?

  Written by Alicia   Posted 27 September 2016

Can I still claim travel expenses as my employer pays for the km I drive with my personal vehicle, the Km exceeded 8000km but on my IRP5 it is under source code 3703? I also kept a logbook.

Travel Expenses Code 4015

  Written by Alicia   Posted 20 September 2016

I did my SARS eFilling tax return through TaxTim and I completed the Travel Expenses Section, 4015, as R72902. I am being audited and I am not quite sure anymore what that amount includes, they only thing I can think of to get to such a high figure would be my car payments per month? Please advise what deductions are allowed under this code and what proof I need to send SARS to support this?

Can I claim for my business travel?

  Written by Alicia   Posted 13 September 2016

I submitted my tax return and answered yes to having a logbook, I however cant locate it right now and was wondering if I can resubmit my return and just click the No option on the logbook question instead of yes?

Do my employment income and freelancing income get taxed together?

  Written by Alicia   Posted 30 August 2016

I would please like help in calculating my total tax for the year, as I am employed and also a freelancer. Do you just add both income together and then tax a personal income tax percentage for that bracket? Furthermore, I know my employer pay tax monthly but can I also pay tax monthly or should I just reserve the total tax for year-end when I file.

No logbook but partial spreadsheet, will SARS accept this?

  Written by Alicia   Posted 12 August 2016

I've lost my logbook but have compiled a spreadsheet containing most of the information and trips from memory and other sources. I have my km for the beginning and end of each month, but not for each trip separately. I need to submit my documents through to SARS for audit, but I'm not sure if this will be acceptable? Will they decline my travel claim?

How does a voice artist submit tax returns?

  Written by Alicia   Posted 10 August 2016

I'm a voice artist and I was employed as a freelancer I need your help to file my tax return as I was paid by many different companies. Please can I get some help on how to get started?

When do I use code 3616 and 3601?

  Written by Alicia   Posted 10 August 2016

We have a few sub-contracting individuals. Some of them provide ad hoc services to us when we call on them. They often work remotely or at a clients offices, they provide their own laptops, and they are specialists and generally get asked to fix a problem, and then they get on with it. Then there are others that are identical to the above, except they contract to us on a medium to long term, where their main income comes from us, as they work for us 5 days a week, for months or even years at a t...

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Can I deduct salaries paid to my helpers from my sole proprietor income?

  Written by Alicia   Posted 8 August 2016

I am "unemployed" but make money with blogging. I have 5 bloggers/writers who help me but are not formally employed by me. I pay them every month. If I earned R150,000 and paid them all 40% of my earnings, would I then only be taxed on the remaining 60% I keep? Am I considered a sole proprietor and am I responsible for formally hiring them? The money I make is earned via an overseas source, not South African.

Can I claim if I only worked for 3 years?

  Written by Alicia   Posted 8 August 2016

Hi,I've only been working for almost three years which means ill only be claiming for two years and I'm a contractor can I still claim

Interest on Vat invoices

  Written by Alicia   Posted 4 August 2016

Good Day, I want to send out a statement to a client. And I need to ad interest on the outstanding amount. Should I calculate the interest on the non-vat amount of the invoice, or should I charge interest on the full outstanding amount (That includes the VAT)?

Income calculator if work 4 months in tax year

  Written by Alicia   Posted 19 July 2016

I worked 4 months in tax year and was given severance package will I get a refund or must I pay in as the sars directive indicates no tax payable

Is my bond installment, tax deductable?

  Written by Alicia   Posted 14 July 2016

Hello Tim. I am a home owner and currently staying in the house where do I have to put in the amounts that the bank send me via a tax invoice? The invoice states that its for tax purposes.
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