What Gross earnings/profit does the business have to earn before being laible for tax?

  Written by Marc   Posted 23 June 2015

What is the tax threshold for a business? What Gross earnings/profit does the business have to earn before being laible for tax?

Tax on leave payout and which law governs the tax deducted

  Written by Marc   Posted 23 June 2015

What amount should you get taxed on for leave payout if it is paid out separately and not with your monthly salary? Is it suppose to be taxed as a lump sum using code 3605? What law governs the tax deducted for this? would it be a SARS law or a LRA law? Please advise

Do I need to submit tax return, back in 2013 if I earned well below the threshold?

  Written by Marc   Posted 23 June 2015

I've recently submitted my 2015 tax return with Tax Tim. After phoning SARS - they mentioned that my 2013 tax return was outstanding. I only worked for three months of that financial year and accrued an income of WELL BELOW the threshold. Do I need to submit this tax return? Will I get penalized?

What papers do I need if I worked abroad and want to submit my tax?

  Written by Marc   Posted 23 June 2015

What documents do I need to submit my tax return if I worked abroad

Total tax

  Written by Marc   Posted 23 June 2015

How much is my tax

Can my retirement annuity and charity contributions paid by my spouse be claimed by my spouse

  Written by Marc   Posted 23 June 2015

Unemployed for past financial year and spouse paid my retirement annuity contributions and donations . Can he claim my retirement annuity contributions and donations against my spouses tax

No tax income ductions, do I get tax return?

  Written by Marc   Posted 23 June 2015

I am not a income taxpayer but I want to know, do I get tax return money?

Completion of tax assessment to SARS?

  Written by Marc   Posted 23 June 2015

Can you please complete my tax assessments for the years 2014/15 and 2015/16? Can you please indicate the price you will charge me?

Balance on assessed account R11288.68

  Written by Marc   Posted 23 June 2015

What is the meaning of - The current balance on your assessed account is R11288. 68.

Am I liable for capital gains tax on the proceeds I received from selling the house I stay in?

  Written by Marc   Posted 23 June 2015

Last year, I sold my house in Cape Town because it was big and could no longer afford repayments and maintenance. I bought a smaller one in which I now stay. After paying off the bond, I used what was left to deposit the new house and do some renovations. Am I liable for capital gains tax?

Do I have to file a tax return with SARS?

  Written by Marc   Posted 23 June 2015

My Name is Ali I want know about tax return am working from July 2013 my pay was R13 000 now currently on getting R16 800 am eligible or tax return or not ?

Can I submit tax return whilst I'm retrenched

  Written by Marc   Posted 23 June 2015

I was rentrenched now in May the 6th is it necessary for me to submit my tax return for refund

Two employers - how does tax work?

  Written by Marc   Posted 23 June 2015

If you work for 2 different employers within the same tax year, will you get a refund. The first job was a contract and it expired, now I am permanently employed somewhere else.

Employer deducting more PAYE than they should

  Written by Marc   Posted 23 June 2015

My current employer is deducting more tax than what they should on my salary. I have complained and they say that their system is programmed to do that. I have used several tax calculators even the SARS one but it still proves that I'm paying about R700 more for tax. Please advise if SARS will refund me back this money (all the R700 paid for each month?)

Help regarding IRP5

  Written by Marc   Posted 23 June 2015

My employer refuses to provide me with an IRP5. I fear that if I report him I might lose my job. Can I compile and submit my IRP5 to SARS by myself so that I stay on the right side of the law at least?

I was working at KFC on 2013 December holiday , can I get reference with tax number ?

  Written by Marc   Posted 23 June 2015

Since I was working before at kfc as general worker, is there any need to go to them about my tax number because the time I was a worker there they didn't ask me tax number so that is there any advice that can I get from you about document you when I come for tax number ?

Medical query for tax purposes.

  Written by Marc   Posted 23 June 2015

My child has been diagnosed with ADD and dyslexia. We have spent a fortune on assessments and therapies not covered by the medical aid. I had to pay these. My partner pays the medical aid. Last year we were on a medical aid that didn't cover these expenses and they have accumulated. Do I send you the total of the therapies and diagnostics?

Am I able to get a tax refund from SARS?

  Written by Marc   Posted 23 June 2015

Hi and thanks for attending my question, i was employed on 1st July 2014. . . I'm wondering if I'm subject to a full tax refund cos I didn't work for the whole of the previous financial year? Your response will be highly appreciated

Tax return filing assessment required?

  Written by Marc   Posted 23 June 2015

I want to file my return for assessment year 2014. I have IRP5 file available to me provided by my employer. Please let me know how can you help me as I have some other Tax questions as well. Thanks

Commission Earner - what can I claim for tax purposes?

  Written by Marc   Posted 23 June 2015

I am a commission earner and familiar with submitting returns for petrol expenditure, medical aid and RA contributions. The only other expense that I have not claimed for is the use of my cell phone, which is used in majority for work purposes. The question is how do I prove, if audited, the allocation of phone calls that have been used for work purposes; or do I just apportion my monthly subscription fee, say R2000. 00 x0. 50 = R1,000. I just don't want to find myself in the predicament were I ...

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Wear and Tear Tax deduction on personal/work Laptop

  Written by Marc   Posted 23 June 2015

I am a full time employed software engineer. I am looking at buying an Apple MacBook Pro Retina priced at R28000, from FNB for R1200 per month over 24 months. This purchase is in part for my work and in part for personal work. How do I determine if I qualify for the "Wear and Tear" tax deduction and for how much I will I qualify? Do I submit this with my annual personal tax?

From www. Taxim. Com [https://www. Taxtim. Com/za/help/definition/wear-and-tear] I calculated:
...

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How does it work wit the SARS number?

  Written by Marc   Posted 23 June 2015

I would like to know how I go about this I am a foreigner wit all necessary documents am staying legally in south Africa I started to do freelancing of short stories to magazines, now they say I mus have a SARS number so they can pay me,and I wanna know if I should open another acc as e one for nedbank is where my salary gets deposited every month so if I use that same acc wont they be deducting my salary from my permanent job wen its in my account because I do freelancing part time if I qualif...

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Benefits tax - am I a normal taxpayer?

  Written by Marc   Posted 23 June 2015

Good day, I am on a government contract and don't pay any pension fund and medical aid. I only pay UIF and PAYE. Do I fall under the same tax bracket as a permanent employee? Will I maybe get a tax return because I don't have the abovementioned benefits

Percentages medical aid which gets me refund from SARS?

  Written by Marc   Posted 23 June 2015

GOOD day please explain which percentage I will get back say for instance they indicate a amount of R5000 not covered by medical aid.

Employee PAYE implications for car repayments on company cars?

  Written by Marc   Posted 23 June 2015

I pay R3700 as a car repayment for one of my employees. Is this full payment part of his salary, or should I only allocate a portion? It seems unfair that he takes the entire amount into his salary and therefore incurs a higher PAYE, when the car remains my property.
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