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No IRP5 received yet

Posted 17 November 2015

I started working for an employer in April this year. I have been informed that my IRP5 will be issued end of next financial year. How will I submit my tax return if I haven't received this yet? I was self employed before starting at the new company and income then was below the threshold to have to submit a tax return.

If I started working full time in March 2015, when am I required to complete a tax return?

Posted 16 November 2015

If I started working full time in March 2015, when am I required to complete a tax return?

Tax on Dividends received by Share Holder

Posted 15 November 2015

I have a EME Company registered for turnover tax. The profit is under R200 000, thus exempt from Dividend Tax. When I pay dividends to one of the two 50/50 share holders, must that share holder pay any tax on the dividends received, and can I pay all dividends to only one share holder?

Does a foreigner with a 5 year contract to work in SA need to file a tax return?

Posted 14 November 2015

If a taxpayer from Germany has a 5 year contract to work in South Africa for a South African employer (of an international company), would that taxpayer need to file a tax return? The employer registered the taxpayer for income tax and is deducting PAYE on a monthly basis. The taxpayer earns more than the threshold and will be tax returning to Germany after the contract.

How much should I be taxed?

Posted 12 November 2015

I am employed as an independent contractor working 6 hours a week for R5625 monthly before tax. I only work 8 months of the year and have been told by law I should be taxed 25% as PAYE. Is this correct?

Should a freelance scriptwriter working from home pay tax as an individual or as a sole proprietor?

Posted 12 November 2015

Should a freelance scriptwriter working from home pay tax as an individual or as a sole proprietor?

Is a sole proprietor a business?

Posted 11 November 2015

If I earn income as a sole proprietor for doing admin and accounting work am I considered to be running a business?

Is it Mandatory to File the Tax if Taxable Income is below R350,000 ???

Posted 10 November 2015

My Employer issued me the IRP5 and my total Taxable amount is about R96,000 for 12 month period. SARS published that the individuals who earn less than 350,000 are not required to file the Income Tax. Http://www. SARS. Gov. Za/TaxTypes/PIT/Pages/default. Aspx
Top tip: You don't need to file if your total salary for the year before tax is not more than R350 000, provided:
I filed my Tax last 2 years. Please advise me will it be a problem if I don't file the Tax this year as my total...

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Minimum threshold for tax deduction and applicable rate

Posted 10 November 2015

What is the minimum threshold for tax deduction and the applicable tax rate

What is the tax definition of carrying on a business.

Posted 10 November 2015

I have been unemployed for the 2014 / 2015 tax year. For income, I have been getting casual work here and there. By casual I mean I worked on some events, did some technical drawings for a company and then helped with a school magazine. I was paid for all these jobs, for which I had to invoice and naturally I incurred expenses to do these jobs. Two events were overseas. There were a few months when I had no work at all. (My taxable income is less that the R70700 threshold. ) My question is, does...

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Must I submit returns for previous years when I earned very little? (single income, no claims)

Posted 9 November 2015

After phoning SARS about an eFiling problem (presently 2015), I was told by the consultant that my tax return for 2013 was overdue. I responded that I hadn't been making anywhere near the tax threshold that year, and that various SARS website material, tax-consultants & SARS consultants over the years had confirmed as much (single source income, no med-aid, no R/A, no travel, no NPO-PBO donations, etc). He responded that everyone had to submit a tax return every year, regardless of how much they...

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Do I submit returns for the years in between a full-time job where I studied and worked for myself?

Posted 6 November 2015

What happens if I started my first full-time job at the beginning of 2012 and submitted my tax return correctly (getting no refund, of course)... But then I quit the job in January 2013 and went back to study for the year of 2013? I assume I didn't have to submit for that year off? (I didn't). I then started freelancing and working for myself throughout 2014. Do I need to submit a tax return for 2014, even though as a freelancer I made less than the threshold?

Can I claim gap cover on my tax return?

Posted 5 November 2015

I had depleted my savings last year on my medical scheme and had a self payment gap to cover and then annual threshold benefits would kick in. Can I claim the self payment gap on my tax return?

Pay income tax

Posted 5 November 2015

I pay tax from my salary, that's what it says on my payslip, do I further need to pay income tax this year if I only started worked under 6 months and earned R58330 as a whole (without deductions)?

What is tax return?

Posted 3 November 2015

What is tax return? and how do I benefit if am paying tax

Do students need tax numbers?

Posted 3 November 2015

I am a 18 student. I've just matriculated and I'm planning to do casual work over the holidays. I was told I have to have a tax number on my CV in order to get work. Is this true?

Unfiled taxes

Posted 30 October 2015

I have not filed a tax return for three years even thou I have been employed and did previous tax returns however I do earn below the 350 000 threshold. What do I do to be compliant and what kind of penalties would I expect?

Tax when earning R6000

Posted 28 October 2015

How much in Rands tax do I pay for earning R6000

SARS Threshold

Posted 26 October 2015

Hi Tim,

I have just received a notice of assessment from SARS yet again. What is the threshold before SARS actually audits you? I've heard its anything above R30k. Is this true?

Clarification of record of donation

Posted 25 October 2015

Does the R100 000 free donation between spouses have to be an actual transfer of funds or is it purely a paper transaction and or are there any SARS forms to be completed.

Do I need to file a tax return and pay tax

Posted 22 October 2015

My question is whether you need to submit a tax return if you are not permanently employed and don't have an employment contract and your income is less than R300 000 per year but more than R100 000? If you do not have to submit a tax return do you then have to pay tax?

When must I pay income tax?

Posted 21 October 2015

Hi. I started helping people in gardens doing gardening jobs 4 years ago. It was very still in the beginning doing about 8 jobs a month and just surviving. I now have more clients and want to know if I must register a company and what about the previous years of earning something. Must I pay a penalty.

How to catch up on outstanding returns when I have no income and expenditure records

Posted 20 October 2015

I resigned from my job in 2010 and took my pension to buy a small business, which I ran as a sole proprietor for 2. 5 years. During this time, I did not submit a tax return, as I wasn't sure how to do it. Also, I was not making much profit and more or less came out even at the end of every month. I then passed the business on to my son-in-law and started working again in 2013. All the income and expenditure info relating to the business was contained on a laptop, which subsequently crashed, so I...

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Does money for food etc from your parents need to be declared with SARS?

Posted 20 October 2015

If I earned money from one company from July 2014 to February 2015, and received money from my parents to buy food etc during university from March 2014 to June 2014, do I need to submit a tax return for the 2014/2015 financial year?

I earn under the threshold, but should I still register as a taxpayer?

Posted 16 October 2015

I am a university student and I do "casual work" (babysitting, personal assistant, etc) from time to time as well as tutoring high school subjects. I have never earned more than R3000 a month, thus I know I am below the tax paying threshold. My question is should I still register as a taxpayer or not?
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Submit your
tax return
right here!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started