Broken service
Posted 10 December 2015
I was unemployed until 03 Aug 2015, but still get deducted the normal monthly PAYE. How do I work out what I should have paid in tax for broken service? presumably this will result in a refund in 2016, correct?
What cost to use for Travel Allowance?
Posted 10 December 2015
What cost of Motor Vehicle to use for Travel Allowance? Original new cost or second hand cost actually paid?
Delay of refund due to audit and outstanding tax returns from 2005/2006
Posted 9 December 2015
I have enjoyed many years of good refunds from SARS. ( round about R30 000. 00 per tax year) This year I had an audit and they then issued a letter of completion but flagged my account for an outstanding tax return for 2005 and 2006. With great difficulty I managed to get a copy of 2005 IRP5 but could only get proof of salary for 2006. These years of income were very small and simple as there was only a small car allowance to factor in. I have subsequently been selected for audit again on these small tax returns. My questions are :...
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Should my rent which is paid by my boss, reflect on my payslip?
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
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 SARS pay the money due to me without submitting IRP5 for 2012?
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?
Self-Employed Travel Expenses Deduction
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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Closing date 2015 ?
Posted 3 December 2015
Closing date 2015
Can I claim back on disability for my child attending a remedial school?
Posted 3 December 2015
My child attends a remedial school which was recommended by a psychologist. Can I claim back on these fees as a disability?
Do I have to spend 63 days out of the country before 28 February 2016 to not pay tax?
Posted 30 November 2015
I live and work in Malta but travel back to South Africa frequently. I did not have to pay tax for the 2015 tax year because I did 63 days out of the country starting in March 2014 and spent the relevant amount of time not in SA. In 2015 I incorrectly assumed that a day spent in transit did not count, but because in OR TAMBO you have to enter with your passport, I have not done 63 days for the 2016 tax year. Do I have to do 63 days out of SA before 28 February 2016? I read somewhere that the mon...
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Am I liable for SA tax?
Posted 27 November 2015
I am British, have my family and home in South Africa, work abroad for long periods of time and don't work in SA. Sometimes I take a long holiday at home - three or four months. I sign a contract for each company I work for abroad. Am I liable for SA income tax?
If you earn comm but its not 50.1% more than their total salary,can they still claim for cell+travel
Posted 27 November 2015
If someone made commission for the year but its not 50. 1% more than their total salary, are they still allowed to claim for cell phone and travel exp?
Deductions against code 3616
Posted 27 November 2015
I have 7 IRP5's
2 of them are salaries from different companies code 3601 value R229400
2 are as an independent contractor code 3616 value R514321
From the salaried income I had 1 month with a travel allowance. I currently have computer hardware, travel expenses, a vehicle and it services expenses that I van to deduct against the code 3616 income. I want to know where do I fill in in on the form to deduct expenses I incurred to generate the income earned on code 3616?
How do ...
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Rebate on travel allowance
Posted 27 November 2015
How can I calculate what to expect on tax return rebate for travel allowance?
Can wear and tear allowances be claimed on tents used for entertainments purposes?
Posted 26 November 2015
A company bought tents for cover for their rooftop garden, which is used for entertainment purposes. Can wear and tear allowances be claimed thereon and what type of asset would it be classified as per Interpretation Note 47?
Claiming a living out allowance
Posted 26 November 2015
I do consulting work from time to time which means that I am away from home for several months at a time. With my past contracts the employment agency has arranged that I receive part of my package as a subsistence allowance which is non taxable. The present agency, however, will only give me a housing allowance instead of a subsistence allowance. I believe a housing allowance is taxable. Is there some other way I can claim my living out expenses from SARS?
How do I get a Tax recalculation?
Posted 26 November 2015
I erroneously declared company Travelling in my 2015 tax returns, when I have Travelling allowance. How do I rectify this?
SARS code 3702 not being taxed
Posted 25 November 2015
Good day. I have codes 3701 and 3702 on my IRP5. I claim more then the SARS rate due to the fact that our rate includes fuel, maintenance, capital, insurance and depreciation. I was told by SARS the employer is not taxing the 3702 reimbursement. I now owe SARS. How do one correct such a scenario not to owe monies at assessment. Thank you
Regards
Car expense claims as a full commission earner
Posted 25 November 2015
I started as an estate agent and I have not kept records of my mileage and the car is paid up, what can I claim as a vehicle expense and depreciation
Mileage claims
Posted 25 November 2015
Good day, i work on the road every day and get my mileage paid to me monthly separate from my salary and don't get taxed on it. What do I need to submit my taxes?
Travel Expenses - commission
Posted 25 November 2015
I work for a company. I am contracted out to a client. I gather I can claim travel costs from work to the client? I have maintained a log book but I have not received a travel allowance on my payslip from my company. How do I claim the travel expenses?
When will I be taxed, if buying and selling vehicles privately for profit.
Posted 25 November 2015
I have started buying, fixing, and selling vehicles privately. This is a secondary income, as I am employed full-time. I probably sell four vehicles a year, and as I am doing it in my private capacity, I am not currently taxed, as it is deemed to be my private vehicles. However, when will this be see as a business by the taxman?
ITA34 report when receiving a non-taxable allowance
Posted 25 November 2015
The bank requires me to submit an ITA34 report for a loan application. My income is not taxable because it is an allowance from my parents. Is it possible to still get this clearance from SARS?
Tax Deduction for Personal Vehicle
Posted 24 November 2015
I am busy completing my Tax tax return with TaxTim, under the Tax Deduction section there is a wear and tear section. Can I depreciate the value of my personal car if I am still paying it off?
Deduction for travelling to work
Posted 24 November 2015
Where do I enter my deduction for travelling to work as an independent contractor?
All I find is this:
"Did you spend any money on business travel which you do not get a travel allowance or reimbursement for? You must be a commission earner to answer Yes. Look for source code 3606 on your IRP5. Your Commission MUST also be more than 50% of your total income as stated on your IRP5. "
And this:
"Do you receive a travel allowance from your employer? Click Yes if source codes 3701 or 3702 appear on your IRP5, AND if you kept a vehicle logbook. "...
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