Monthly tax multiply by 12 months

  Written by Marc   Posted 9 December 2015

how is bonus calculated?

A copy of a company's EMP103

  Written by Marc   Posted 9 December 2015

How do I obtain a copy of a company's EMP103 registration certificate?

The company (an NPO) registered in 1992 and the certificate is not to be found

Capital gain and recoupment consideration?

  Written by Marc   Posted 9 December 2015

When you sell a property at a profit. Should there be a recoupment in your tax return as well as a capital gain? I. E. You reverse any deductions that you have received over the life of the asset via the recoupment, and then the proceeds are reduced by the recoupment and the deductions are reduced against the base cost.

Query with obtaining old IRP5?

  Written by Marc   Posted 9 December 2015

SARS is requesting an old IRP5 which I don't have as its 5 years ago, My previous company doesn't exist anymore. I have contacted the accounting co at that time they also don't have it. Now SARS refuses to pay me out until I get the Old IRP5 from 5 years ago. Please assist how to go about getting this sorted

ITR12 for expats.

  Written by Marc   Posted 9 December 2015

I currently live and work in the United Kingdom. Should I fill out the ITR12 as Unemployed? All postal correspondence is posted to my mother's address. Should I give my physical address in the UK and postal address as it is at the moment?

Alimony for tax purposes?

  Written by Marc   Posted 8 December 2015

Do I have to declare the alimony I receive every month from my ex husband

Qualifications to pay tax?

  Written by Marc   Posted 8 December 2015

How much per annum must you earn not to pay any income tax

Calulate tax on leave

  Written by Marc   Posted 8 December 2015

How to calculate tax on annual leave - wage paid fortnightly (every 2 weeks)

Tax on leave money

  Written by Marc   Posted 8 December 2015

My staff wages is payable fortnight - do I deduct tax on their annual leave money?

Unsure how this calculation works for medical tax?

  Written by Marc   Posted 8 December 2015

Why is the medical tax credit multiplied by four.

Late submission of supporting documents

  Written by Marc   Posted 8 December 2015

I submitted a tax return on SARS eFiling. A letter requesting supporting docs was issued but I neglected to upload within specified time. An additional letter was issued 21 days later, when our practice was closed for the December holidays. Once the additional assessment was issued I only realised that the documents were never submitted. I uploaded the documents on the open link. The Sole Proprietor's expenses was denied against his income and now has a massive tax debt. During the year I submit...

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Code 3901 on IRP5, no payment received nor entitled to receive

  Written by Marc   Posted 8 December 2015

My previous employer added an item to my IRP5, code 3901, for the amount of 134062. My reading of 3901 is for gratuity related to retrenchment, retirement or death. I did neither of the three, I simply resigned. Then of course, there was no such payment received by me, yet the employer claim there was. I cannot see how I can be expected to pay tax on something I did not receive nor did not qualify to receive. What to do now?

SARS audit again!

  Written by Marc   Posted 8 December 2015

I submitted my tax return for 2014/2015 tax years and they said I have to be audited until I bring an affidavit proving that I only worked for short periods during those tax years. I was unemployed so did 2 jobs of 4 months each. I went back the next day and submitted my affidavit. I got at sms saying I will only be refunded 31/01/2016 and the amount could change. Why would they audit me they can see I did not have any other work?

Should my rent which is paid by my boss, reflect on my payslip?

  Written by Marc   Posted 8 December 2015

I am renting a house in town. My boss pay the whole amount of R 3500. 00. Should this reflect on my payslip and how?

Can I deduct toll gates in my ITR12 for a business trip if I get a travelling allowance

  Written by Marc   Posted 8 December 2015

I'm getting a car allowance and as part of my package because my work requires me to travel with my car quite a lot. In the case when I travel to the clients I put a claim which is paid per kilometer. The company used to reimburse us for toll gates provided we furnish them with toll slips but now we they passed a policy that they are no longer going to pay toll fees as they have hiked the rate they are paying us per kilometer to an extent that it should paying the running cost of the car plus fu...

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Can't get hold of an old IRP5 and employer does not have it on record.

  Written by Marc   Posted 7 December 2015

SARS has asked my wife to do her tax returns for the last 6 years (2008-2015). We have managed to get all the tax returns sorted expect for one IRP5 in 2009. She worked at two companies and has only one IRP5. We managed to get hold of the company she worked for, which is now closed, the family emigrated. They have an IRP5 from 2008, but they cannot find the IRP5 for 2009. They don't have it on any records. What are our options regarding the situation. I did a refresh on the SARS eFiling and noth...

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VERIFICATION OF INCOME TAX NUMBER BY BANKS

  Written by Marc   Posted 7 December 2015

How can the bank verify an Income Tax number? If a ITA34 was submitted to the bank how do they verify that the number is actually that persons income tax number?

Format of a payslip (proof of payment )

  Written by Marc   Posted 7 December 2015

What is the format of a payslip as regard for proof of payment to a day-labourer who've worked 1 day doing maintenance work at a house you renting out.

WHEN DO I GET AN ITA34 FORM?

  Written by Marc   Posted 7 December 2015

Where can I get an ITA34?

Can SARS pay the money due to me without submitting IRP5 for 2012?

  Written by Marc   Posted 7 December 2015

SARS want both my IRP5 for 2012 and log shit for my travelling, I no longer have the records and my previous employer says they can't locate my IRP5 and they no longer have records for my travelling. How can I access the money that I am suppose to receive for this year tax returns if I don't have these things?

Till slips and vat

  Written by Marc   Posted 7 December 2015

Hello Tim I have asked a question about till slips of an individual when or whereby an individual gets to purchase an item and receives a till slip now my question is can you keep that till slip as a form of tax return as well?

Application for student casual for tax no

  Written by Marc   Posted 7 December 2015

Can I apply online for a tax number?

Self-Employed Travel Expenses Deduction

  Written by Marc   Posted 7 December 2015

I am a urologist working in an 8-partner practice. We are a partnership, and income and expenses are shared equally. My only income is my share of income from the practice. I have always kept a log book for vehicle expenses incurred by myself in the course of my work and have in the past claimed back actual expenses incurred under "Other Deductions>Travel Expenses (no allowance - commision income)". I did this because each partner is responsible for his own travel expenses. As such, these expens...

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What does it mean? Please note that no adjustment has been made to this assessment

  Written by Marc   Posted 7 December 2015

Hello Team,

I got a response stated below against audit of my tax return, could me please assist to understand the response? Am I going to get my refund as per the submitted tax returns or not?

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We refer to the verification of your assessment for the 2015 tax period. Please note that no adjustment has been made to this assessment. However...

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SARS claim while unemployed?

  Written by Marc   Posted 7 December 2015

I am currently unemployed and heard that I cam claim from SARS regarding tax paid thus far
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