Deased lump sum.

  Written by Marc   Posted 15 May 2014

My husband passed on 2011 September and I had a lump sum paid out to me should I submit those statements at SARS?

My Medical aid Out of pocket amount is R13000 results in how much deducted from my taxable income?

  Written by Marc   Posted 15 May 2014

My medical aid out of pocket amount is R13 000
How much of this comes off my taxable income?

I am commission earner can I use car payments as deduction. (HP)?

  Written by Marc   Posted 13 May 2014

I am commission earner can I use my car payment as deduction,(HP)?

Tax payment?

  Written by Marc   Posted 12 May 2014

What causes one to receive correspondence from SARS?

Provident fund withdrawal tax implications (retrenchment)?

  Written by Marc   Posted 12 May 2014

I'd appreciate if you could confirm that a provident fund withdrawal is tax free (up to 315k?) if one gets retrenched?

How much tax on R255 904.30?

  Written by Marc   Posted 8 May 2014

I am about to get a lump sum payment from my department! How would I know what tax will be deducted if the total amount to be paid is R255 904.30?

What is the meaning of tax directive i.r.o pension payment?

  Written by Marc   Posted 6 May 2014

What does: "Dear GEPF member. SARS issued a tax directive i.r.o your pension payment. Payment will be effected within 5 working days. GEPF queries 0800117669 that mean?"

Tax on Foreign income

  Written by Marc   Posted 5 May 2014

I am receiving and will be receiving a maintenance settlement every month for the next 15 years from UK in the form of a cheque in British pounds. What procedures do I follow when declaring this and or submitting my tax return? I have a letter which accompanies the payment every month from the courts in the UK. Any help is appreciated.

Voluntary VAT registration

  Written by Marc   Posted 4 May 2014

My business has been operating for 3 months and I have managed to supply taxable goods to the value of R50 000. Can I register for VAT voluntarily or the business needs to be operating for at least 12 months? Will SARS accept invoices as proof of turnover even though I have not received most of the payments into my account, will I also need to give SARS a copy of my bank statement upon application?

May I get a PAYE tax calculation table?

  Written by Marc   Posted 30 April 2014

When does an employee qualify to pay PAYE?

SARS eFiling bank details changed and no letter?

  Written by Marc   Posted 30 April 2014

I submitted my tax return etc and my bank details changed, The following day I got this message under SARS status: AVS Bank with AVS verification pass. Its the only message I received and there is no letter to say I have to submit extra documents etc, only that message. How should I proceed?

Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?

  Written by Marc   Posted 29 April 2014

Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?

When does cash clear

  Written by Marc   Posted 26 April 2014

I'm just wondering when my money will be in my bank I submitted it on Monday the 21st they sent payment out on 25th when will I receive payment?

Salary calculations - what is included?

  Written by Marc   Posted 22 April 2014

An employee gets a Travel Allowance - 80% of his salary (correct). He also needs to pay off a Staff Loan - R1,000 per month. Do you deduct the loan amount BEFORE taxes or AFTER PAYE & UIF? What is the correction calculation PLEASE.

How to "Request Tax Types" on eFiling if not reflected?

  Written by Marc   Posted 22 April 2014

I am assisting a friend to create her own eFiling profile. She was using a tax practitioner before, but it became too costly for her. We need to request the details from the previous tax practitioner, but it does not give us the option ?%u20AC%u0153Request Tax Types?%u20AC? on the drop down under "organisations". What else can we do? Can anyone please help?

Calculate the tax amount after completing my return?

  Written by Marc   Posted 17 April 2014

After having completed the tax form, how do calculate the tax amount due?

What type of taxpayer am I classified as?

  Written by Marc   Posted 13 April 2014

Hopefully you can please help me out, I registered for Tax a year ago, by default I was registered as a non-provisional tax payer and I am currently unsure of how I should classify myself for tax purposes. I'm also not working as a company or cc but as an individual.

I have 3 different forms of income:
1) 35 Hours a week I work for a company on their premises (almost as a full time employee) and invoice them every month. 70% of income. The do not withhold PAYE as of yet.
2) 5 Hours a week for another company, Invoiced for as well. 15% of income and they withhold 25% PAYE....

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I never claimed tax since I started working 5 years ago, can I still claim and file my returns with

  Written by Marc   Posted 12 April 2014

I am working for a company for 5 years now and I haven't claimed tax since then but my employer has been deducting, so will I still be able to claim tax for all these years?

Can I be taxed less or refunded when I submit receipts of all my purchases?

  Written by Marc   Posted 9 April 2014

I'm told that if I keep the receipts of everything that I purchase, I can submit them to SARS and I don't have to be taxed too much or I can be refunded, is it true?

How are one-off payments taxed?

  Written by Marc   Posted 3 April 2014

I have just started working as a freelance copywriter however this is not my main source of income. The work is a side-line and sporadic thing. I am about to be paid for a job I've completed and would like to know how I will be taxed for the job- in other words I really want to know how much money I will take home at the end. Is there a way for me to calculate this?

Are you a registered entity or company or person to do Tax Returns?

  Written by Marc   Posted 3 April 2014

How do I verify that you are legitimate entity and you are registered with SARS for the Tax Return purposes.

Income tax for Fy 13-14.

  Written by Marc   Posted 2 April 2014

Hi, My annul income is R. 495 000 and I joined in South Africa payroll in mid of Jan -14.So my question is how much income tax I should pay to government.

If my previous employer has submitted my IRP5 forms to SARS will I receive a tax return?

  Written by Marc   Posted 2 April 2014

Please advise on the following. I have had two previous employers but I had not registered for tax or eFiling?

Recently, I had received my IPR5 from one of the previous employers. The IPR5 form was filled in by HR and had a 10 digit number which I assume to be my tax number, am I correct to assume so?

Secondly, if my previous employer has submitted the IRP5 forms, will I receive any return or do I have to register for eFiling and submit the forms myself in order to obtain a return?...

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Detailed medical accounts - what does SARS accept?

  Written by Marc   Posted 1 April 2014

I have hospital accounts with receipts (fully paid) and intend to claim a deduction from SARS with my 2014 tax return, however the hospital accounts ((Mediclinic), only state ward stock, theatre stock and dispensary stock. These items were either for medication or materials given/used. I would like to know if these accounts are adequate with this info or must each and every item used be specified for me to claim a tax rebate?

Tax payable on R2 608000

  Written by Marc   Posted 1 April 2014

How much tax is payable if I happen to resign and my basic salary is R388127 pa
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