Do I register for tax if I'm still waiting for permit

  Written by Marc   Posted 14 August 2015

I want to register for tax but I'm still waiting for my permit to be renewed will it be possible to register

Where do I get 20 years ago my IRP5

  Written by Marc   Posted 13 August 2015

SARS wants the 1995 1996 1997 IRP5 they say we didn't submit my employer doesn't have them what must I do its 2015 now please help?

What to include as taxable income for provisional tax calculations

  Written by Marc   Posted 13 August 2015

When calculating "taxable income" on an IRP6 should one include
- expected investment interest ?
- expected investment share dividends ?

Thank you.

Foreigner not yet working but receiving money from abroad

  Written by Marc   Posted 13 August 2015

I'm a foreigner living in South Africa. I don't work yet but I receive money from overseas from my family. Like R 30 000 or R 20 000. I want to have an importer code and they require personal tax. I'm scared to go to SARS because I don't know if I will have to pay tax while I don't even work

What are the tax implications for Voluntary Severence Package?

  Written by Marc   Posted 13 August 2015

What is the tax implication for Voluntary severence packages? Does it qualify for any severence benefits. According to general opinion, the first R500 000 is tax exempt?

Support for cell phone depreciation at SARS?

  Written by Marc   Posted 13 August 2015

What supporting documentation does SARS usually look for when assessing if depreciation/wear and tear on your cell phone is an allowable deduction. Please note that my cellphone is paid via a monthly contract fee. These contracts usually don't stipulate the base price of the phone. Furthermore, what support do you need to give them for the allocation of business use versus private use. I have tried to search and ask what they need as they wanted to verify this deduction, however, I cannot seem t...

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PERSONAL TAX NUMBER from SARS?

  Written by Marc   Posted 13 August 2015

HOW TO GET MY PERSONAL TAX NUMBER

After confirmation of audit from SARS?

  Written by Marc   Posted 12 August 2015

Tim what happens after sars send u a letter saying they are making no adjustments to the filed returns

Need a form for declaration of personal details when registering for eFiling for the first time

  Written by Marc   Posted 12 August 2015

I registered for SARS eFiling for the first time and when I tried to submit my tax returns I got a message saying that SARS is still verifiying myregistration I must try again after 24hours,I waited and tried after 48hrs but same message came up,I called the 0800 number the consulted said SARS needs to verify my personal detail so I must download a form called Declaration of SARS eFiling registration and fax it on a 011 fax number with the copy of my ID,I am struggling to get the form the name d...

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Is the Provisional Tax threshold inclusive of Normal Salary + My company paying me out (Dividend)?

  Written by Marc   Posted 12 August 2015

I registered a company and It was registered for income tax. I am the sole Director and shareholder. When it makes money and I pay some of this to myself am I liable for provisional tax? I know there is a threshold but does that threshold amount include my Normal Salary that I get from my employer?

I'm haven't received my refund from SARS

  Written by Marc   Posted 12 August 2015

Hi I have sent in my tax return last month and I was told by the consaltant that I was not to bring anything because everything ws scanned but now is past 21 business days nd still haven't heared anything from SARS what do I do?

Claiming back tax on a bonus you had to pay back to a company

  Written by Marc   Posted 12 August 2015

How do I claim back tax on a retention bonus I received from my previous company. I was advised to fill it in under the section that states "Amounts Refunded i. T. O. Section 11(nA) and 11(nB)" and code 4042. What evidence will SARS need. I called their call centre but they were of no help.

Passive investment and unit trust income - do I submit a tax return?

  Written by Evan   Posted 12 August 2015

I am an independent contractor and my earnings is below R200 000 per year. Over the past two years, I have managed to save and have invested R100 000 in listed shares and R50 000 in investment funds such as unit trusts. I am not sure whether I need to submit a tax return?

How long audit take what can I do to make it go faster?

  Written by Marc   Posted 12 August 2015

I was selected for a audit am I going to get money and how long does it take and what can I do to make it faster? thx

Taxable Benefits

  Written by Marc   Posted 12 August 2015

Our company provides a contribution towards provident fund based on 15% of basic salary. Does this form part of your taxable income. Were should it be recorded on the IRP5

Is there income tax payable on interest received from SARS?

  Written by Marc   Posted 12 August 2015

Is there income tax payable on interest received from SARS?
Which section in the tax act does this come from?

Should I do a tax return if my business revenue was less than R 350,000.00 for the year?

  Written by Marc   Posted 12 August 2015

Hi guys,

I've got a sideline business (CC), and our revenue was WAY less than R 350,000. 00. Should I still process a tax return?

Explain to me how does provisional tax work or who should submit and how often ?

  Written by Marc   Posted 12 August 2015

Explain to me who qualifies to submit provisional tax and how often? If you are sole trader, pty, cc, trust account.

Tax on living annuity?

  Written by Marc   Posted 12 August 2015

I currently contribute to a provident fund as well as my employer. My portion is taxable and the employer's not. When I retire I plan on investing in a living annuity, will the income from the living annuity be taxable?

House/car repayment - tax benefits

  Written by Evan   Posted 12 August 2015

Are there any tax benefits when you are paying off a bond, car or any property?
Does that affect the person who is paying the loan or the person receiving payment, or both? As far as disclosing this on the tax return as a deduction or otherwise.

Income whilst working outside of South Africa

  Written by Evan   Posted 12 August 2015

Can you please clarify this question for me: "Did you earn any income whilst working outside of South Africa?"
My answer is yes but this income is non-taxable in South Africa because I was not physically present in South Africa. I am only filing my income tax return do to a loss on my SA rental property.

Once off amount for Tax?

  Written by Marc   Posted 11 August 2015

If I get a lump sum of R110 000 how much tax will I pay? How do I pay the tax only next year or can I pay it when I get it?

SARS says submit my 2011/2012 tax returns but I wasnt employed nor did I have tax number

  Written by Marc   Posted 11 August 2015

I emailed SARS to enquire why my 2015/2015 tax returns have not been paid to me yet and they replied saying my 2011/2012 tax returns were not submitted so until they receive that then they will be able to pay me. However I received my 2012/2013 tax returns with no problems as well as my 2013/2014 tax returns as well. I don't really understand this because in 2011 - 2012 I only had a casual job for 2 months in which my wages were way below a tax bracket and I had no medical payments of my own nor...

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Can't read Completion Letter

  Written by Marc   Posted 11 August 2015

I was asked for supporting documents despite only having an IRP5 and claiming nothing else! (Calculation came back saying I am owed a particular amount). Submitted it and got a "completion letter" which I can't seem to open. What do I do? Just wait for a refund?

Logbook requirements for SARS for claiming travel allowance?

  Written by Marc   Posted 11 August 2015

I hadn't submitted my tax forms from 2009 and 2010 (although SARS had owed me money in each of those instances) but I'm trying to resubmit now. I got paid for some of the travel that I conducted from my business (roughly R4/km) and I kep an online logbook on Excel. Is this sufficient for SARS or do I need to fill it out on an official SARS logbook?
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