How do I claim my travel expenses against my allowance?
Posted 18 May 2016
I'm a commission earner, started on the 1st December 2015. I have been using my car which I bought in July. I had a log book but some of my petrol receipts have faded a bit. When I started working as a commission earner my km where 6780, at the end of Feb they were 16956
I want to claim for travel allowance, should I use the deemed cost or the actual cost.
Additional income, and when do I register for Provisional tax?
Posted 18 May 2016
If I do freelance work and get paid via Paypal what are the tax implications of withdrawing the funds into an FNB account, this would be a second source of income
Tax Directive
Posted 11 May 2016
How long does SARS take to issue a tax directive?
After a tax directive is issued, how long can it take for funds to be paid into one's bank account?
Can SARS hold a vendor liable for VAT prior to being registered?
Posted 10 May 2016
My B&B started trading in Aug 2015, it's year end is Sep so the first set of Annual Financial Statements will be dated Sep 2016 (14 months). Our management accounts dated April 2016 reflect our revenue is already around R650,000. We are not yet registered for VAT but we'll be doing so very soon. My concern is do we now have to register, submit and pay all the VAT from Aug 2015 to current, OR do we just register, submit and pay from now going forward? I read somewhere that according to the VAT Ac...
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SA pension taxed in Mauritius
Posted 6 May 2016
According to the SARS website if you are a resident of Mauritius you can apply for a directive to have your income from a South African pension to be taxed in Mauritius provided you supply proof of being a registered tax payer in Mauritius (part of the DTA agreement). Please can you confirm this as the difference in tax rates between the 2 countries is huge.
Source Code Travel Allowance
Posted 4 May 2016
Can a company included both tax codes 3701 and 3702 on the IRP5? How will this affect the tax payable on the income?
Tax due on ccma award
Posted 4 May 2016
Hi there I am due to receive R97000 from my ex employer for unfair dismissal was awarded from the CCMA how much tax would one pay on this amount thank you in advance.
Taxation Rate of Retirement Benefit Lump Sum
Posted 4 May 2016
At the age of 58 - if I retire from a provident preservation fund and receive the benefit as a lump sum - at what rate will I be taxed?
Over-taxed on pre-retirement preservation fund withdrawal
Posted 4 May 2016
I started working in Jan 2012 for company. In Dec 2014 I was retrenched and paid a severance package. I preserved my provident fund contributions in a preservation fund and haven't touched it since(about R100k). I started working for company Y in Apr 2015 and ended my employment with them on 31 Jan 2016. I again preserved my pension fund contributions in a pension preservation fund (about R35k). In March 2016 I ran into some financial trouble and decided to withdraw the entire pension preservati...
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deductions on salary increase
Posted 29 April 2016
My company would like to offer me an increase. I have the choice of a straight bump-up or I can choose if there are specific benefits I would like that will have a benefit for me (additional money in pocket) and that will be beneficial for them (perhaps less tax they need to pay). I earn a straight salary without any travel allowance or any other benefits that is deducted. Please advise on what would be the best for me and for them?
Independant Contractor - deductions
Posted 28 April 2016
Can I, as an independant contractor, pay my unemployed spouse a minimum wage salary and deduct this from my monthly taxable income? I do have a payrol service provider and get issued a payslip with my income, travel allowence, UIF, medical aid and Tax after the deductions from them on a monthly basis.
Supporting documents for capital gains tax deduction
Posted 28 April 2016
I have sold my primary residence which was bought in 2002 and there will be a profit of more than
R2 000 000 subjected to Capital Gains Tax. There were a few small improvements (not maintenance) done over the years which I believe can be included in the base cost for example Paving, Blinds, Towel and curtain rails, cornices and garden landscaping. However, I do not have documentary proof for some of the older improvements anymore. (Improvements still form part of property)
My question...
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PAYE deduction from Independent Contractor
Posted 25 April 2016
I am a bookkeeper new to the film production industry and need some clarity on freelance artists. My understanding is that unless they have a registered company the deduction is 25% from their earnings without fail. If they claim they have a company then I am to ask for the company registration certificate for audit purposes and not deduct PAYE
Tax liability for an Independent Contractor
Posted 25 April 2016
My son started as a independent contractor March 2015 and has not paid tax. He earned R10k for 2 months and R5k for the rest of the year. He got paid a lump sum of R80k when the job was done. He is going to SARS but what tax or penalties can he expect
Do I have to record all kilometers travelled?
Posted 24 April 2016
Does my travel logbook have to include private kilometres travelled? Do I need to write down KM's (business and private) every time I get in the car for the rest of my working days, while claiming?
What is an effective logbook method for tax?
Posted 24 April 2016
I would like to know what is the most effective way to log your work travels in order to be able to claim it for tax?
Is it really necessary to write down every destination I go to and who was seen, etc? Or do they need to have an odometer reading every day and night (opening and closing?) Or as some say, can it just be based on the reading from 1st March to 28 Feb?
I have downloaded an app which acts as a log book (feulio), would that be sufficient?
When do I charge VAT?
Posted 22 April 2016
As a VAT Vendor, can I charged vat to a recreational club for services rendered to them, even if they are a non profit organization?
May a sole proprietor have travel allowance and must retirement or providend fund be deducted monthl
Posted 21 April 2016
I would like to know if a sole proprietor may allocate a travel allowance to himself?
In regards to a retirement or provident fund may I do payment once a year up to 27. 5% of my earnings or must I do it monthly?
Your help will be greatly appreciated
WS
Full time salaried employee or Independent Contractor?
Posted 21 April 2016
I work part time ad hoc shifts as a doctor at a private hospital, where I am paid an hourly rate and my hours of work are between 0 and 30 a week. In terms of tax deductions (specifically MPS - medical malpractice insurance, travel expenses, training course fees); would my work be classified "full time salaried work"?
I understand this is important in terms of which items one can claim back.
Tax paying Freelance Artist / Independent Contractor
Posted 20 April 2016
I am a freelance artist, I want to work fulltime for myself, but can't be certain how much I will make or whether I would make any money at all. I am married in community of property. My husband is lucky enough to have an employer that takes care of his submission every year. I need to ask whether I should add my income to his submission or whether I should have my own tax number. I tried to enlighten myself by reading the Tax website,, but it's all greek to me, I can't seem to figure it out. I ...
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Travel claim against commission income /vehicle claims
Posted 6 April 2016
Can you claim depreciation as well as finance charges on a travel claim against commission income?
Tax when working for different employers / independent contractor
Posted 6 April 2016
I am about to start 2 different half day jobs. In the morning I work for an organisation and in the afternoon I work for an individual. Should I expect the individual I work for to deduct PAYE or should I put it the PAYE amount away and pay it as personal income tax?
How do i answer the marital status question on SARS eFiling?
Posted 5 April 2016
I got married in Dec 2015, but haven't managed to get a gap to go to Home Affairs to apply for a new ID book/card. This company where I freelance at don't even know that I got married. I tried to tell human resources,
late last year, but the woman said I can just provide them with copy of my new identity document, when I eventually get one. So now, WHAT do you suggest I DO when I log onto SARS e-filing,
Must I click the unmarried box? Or the married box?
SARS mistake or are refunds done per assessment
Posted 5 April 2016
I was audited and asked to submit supporting docs for logbooks, vehicle ownership/invoices and medical expenses. My assessment was calculated at R49k refund initially. When submitting medical exp I realized I had entered some expenses incorrectly so made changes to the ITR12. This resulted in a refund of R58k. In the new assessment SARS deducted the R49k under source code 4102 in the line "Previous Assessment Results", with net refund of R9k. Will my refund be both assessments ie R59k or are the...
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Section 10(1)o - Any 12 month period
Posted 4 April 2016
I started a job out of SA on 1 August 2014 and traveled regularly from SA to my place of work out of SA on rotation up until the end of the job on 29 February 2016. For the 12 month period 1 Aug 2014 - 31 July 2015 I exceeded the 183 and 60 day requirements. I therefore claimed my tax exemption on my 2015 tax return (for the income earned during Aug 2014 - Feb 2015). For the period 1 August 2015 to 29 February 2016 I exceeded the 60 day requirement but not the 183 days. However, if I calculate 1...
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