Written by Marc
Posted 25 June 2015
Written by Marc
Posted 25 June 2015
Written by Marc
Posted 25 June 2015
Written by Marc
Posted 24 June 2015
Written by Marc
Posted 24 June 2015
Written by Marc
Posted 24 June 2015
I am aged 70 retired but working again,, earn less than R11K a month, pay my own medical aid for myself and spouse. . Have no company perks. . Have always got my full paye refunded to me each year. However. I do not understand how the medical credit will affect the situation as from this year? I do not have the tax deduction of R257 for myself and the same amount for my wife as I pay our contributions by debit order each month. Would I still be refunded by SARS, or how does the medical tax credi...
Written by Marc
Posted 24 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Hi TaxTim, I work as a vehicle sales executive, which means I have a company vehicle which I use for both business and personal use. I did keep a log book. On my payslip it is reflected under "taxable perks". "I also paid Vat on Co car" which is showed on my payslip under deductions. I also had a fuel allowance but that is not reflected on my payslip because the company I worked for owns a fuel station and we had "fuel tags". The vehicle was not maintained by me, but I just want to find out if I...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
I am a locum at a private occupational therapy practice!! I am 28 years old and only working for commission!!!! My employee did not register me for tax so I will not receice an IRP5 form but will have to work out my tax on my own!! I have kept all the devices from income for. Each patient that I saw as. Well as. The proof of. Payment into my bank account that was made as the clients made the payments!! It. Is difficult to. Determine a set. Montly income as sometimes the clients will pay a month ...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
I receive a salary and I recently started renting out my flat (which I resided in as primary residence, until September 2014, rented out since October 2014). I received a Rental income of R40000 for the 2014-15 tax year, the property is still under bond and there was maintenance costs etc. . Which means im still making a "loss" . (i. E. Rental Income of R40000, deductions of R50000, nett -R10000)
1. Must I still register for Provisional Tax?
2. If 1, am I late for Feb, Aug Provisional tax payment deadlines?...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015