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Deductions Posts in Tax Q&A

Will I be taxed on my foreign income that I send to my SA bank?

  Written by Marc  

I currently work abroad (temporary- for a few years, and am a citizen of SA only). I pay income tax here where I current reside. I have no income from SA. When sending money from my overseas bank account to my SA bank account to pay any SA expenses (bills, elderly care for parents etc. ), what is the best reason to give the bank so that when they report it to SARS, I am not taxed on it again. Both bank accounts (here and in SA) are in my name.

3 X IRP5's, JOB CHANGES, SARS REFUND?

  Written by Marc  

I have resigned from a job "A" and started a new job at "B", things did not work out as planned at "B" and I ended up returning to my old job at "A" after 6 months, I now have 3 IRP5's for tax year 14/15. Does SARS combine all (gross non retirement income) and (paye) tax from all 3 IRP5's and calculate a return amount from the totals. In other words " reflects on IRP5 non retirement income paye paid
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Interest deduction?

  Written by Marc  

I run a part time business from home that earns me commission and a car allowance. The expenses I occur monthly is home based eh. Telephone. Internet etc. I currently have a personal bond on my house. Can I claim the interest portion of the bond as a deduction as I use my home to earn commission? Thanks.

Am I gonna get tax refund?

  Written by Marc  

I worked for 4weeks and I was getting paid weekly and I was also paying PAYE maybe R350weekly so I'm asking if I'm gonna get tax refund?

Who gets tax return?

  Written by Marc  

Who qualify for tax return?

Who was I paying tax to?

  Written by Marc  

I have been working on a project for the past 3 months, the company has been deducting tax from my salary, now when I check with SARS I found out that I have not being paying income tax during the 3 months period. Is this fraud by company? Or is they another explanation of where my tax was going to.

Can I claim a rebate here?

  Written by Marc  

I personally pay the 100% contribution for my wife and two kids to be on medial aid. She is the primary member. I do not belong to any medical aid. Can I claim a rebate.

I don't have an IRP5, but I earned income - now what?

  Written by Marc  

I have been working as a guide in the tourism industry for the past year or two. I did not get a payslip just money paid into my account, I also get cash tips from time to time. I have a tax number as previous I worked in the bigger company. How do I go about paying outstanding tax if there is any without getting trouble from SARS?

May the water & light bill and property tax which is on owners' name be claimed even if we pay

  Written by Marc  

Re tax on electricity and property tax

How do I get my SARS income tax number?

  Written by Marc  

I used to work for Transman Work for Africa, they normally deduct tax on my salary, now I need to resign & they want my tax number. Can u please advise me what must I do to get my tax number? Hope my question will be considered soon Your's faithfully Mr X. D Stuurman

Having fixed salary and weekly over time pay being tax according to SARS tax table will they owe SAR

  Written by Marc  

I run an nursing agency were I pay the staff weekly some do have permanent jobs and some don't. For the ones which have permanent jobs having salary end of the month will they owe SARS?

Medical out of pocket expenses?

  Written by Marc  

I don't belong to a medical aid but I paid out of my own pocket the amount of R2200 for year 2014/2015. Can I claim this money back?

Are South African bank expenses a legitimate business expense?

  Written by Marc  

As a provisional tax paying sole proprietor I would like to find out whether the exorbitant South African bank expenses are a legitimate business expense? I have a separate bank account for my business income.

Should the company contributions be omitted on the IRP5 if you have resigned?

  Written by Marc  

I resigned in March this year (2015) and decided to withdraw my provident fund and reinvest it elsewhere. However, I received my IRP5 from my previous employer without the contributions that was made by the company for my provident fund for the last financial year (Feb 2014-Feb 2015). Is this correct? Should they leave it out because I withdrew my provident fund this year? Does it still affect last financial years contributions? Or should it still reflect the contributions for last financia...



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IT3b - tax refund

  Written by Marc  

How does IT3b from banks affect my returns especially when I have a debit interest?

Must I register a business?

  Written by Marc  

I am employed but the employer pay me for the hours worked and does not deduct any taxes or UIF I am responsible for my own taxes. Must I register a business or how can I go about paying over the taxes so I do not need to pay in at the end of the year in my personal capacity.

Wear and Tear deduction

  Written by Marc  

If I don't get a car allowance and the work refunds my petrol when I drive to clients, can I claim wear and tear on my personal vehicle. Where do you fill this in on eFiling?

Personal Tax Return with employer provided vehicle?

  Written by Marc  

I am interested in using your services to help me file my return, but I'm not too sure if mine can be done online as per your services or if I will have to go in to see a tax consultant. The complexity lies in that fact that I have a company vehicle, not a car allowance. On my tax return it is represented as code 3802. Is this something that your services cater to?

How do tax refunds work?

  Written by Marc  

For the tax year 01 March 2014 to 28 Feb 2015 , I worked only from August 2014 to 28 Feb 2015. Do I proberly get a refund as well ?

Petrol claims for tax purposes?

  Written by Marc  

Is claiming petrol allowed if I have a travel allowance? I use my car now and then for work..I claim the km's driven and I get reimbursed. Does this fall under car allowance?

Are we required to file a SARS tax return?

  Written by Marc  

If we are permanent residents in South Africa, and earn less than R 350,000/annum each as an employee and director of a Pty company do we need to file a tax refund ? We do not own the company . The company files and pays its taxes .

Tax refund on studies?

  Written by Marc  

I am currently working at a university and have enrolled for postgraduate degree at a different institution and had paid for myself. Will I be able to claim tax refund on this, if so, how?

Can I claim tax back on medical expenses if im not on a med scheme?

  Written by Marc  

Can I claim tax back if I don't belong to Medical aid scheme. I paid over 10000 for my son when he broke his leg.

What should I pay on PAYE ?

  Written by Marc  

I earned R408330. 00 for the year. My wife pays the medical aid. I have 2 kids. I use some of my own equipment for work purposes. I have a endowment policy for R1100. 00 pm some medicine I pay cash. I also contributed to UIF R3569. 00

Work office and home office for tax purposes?

  Written by Marc  

Am I allowed to have a office at work and a home office?
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