Claiming a living out allowance

  Written by Marc   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?

Can I avoid CGT on the sale of EFTs if I move the proceeds directly into an RA.

  Written by Marc   Posted 26 November 2015

I am 61 yrs. Old. I have been investing in ETF's as a form of retirement savings since mid 90's. I would like to move my total EFT's into an RA. Would SARS allow me to do this without without having to pay CGT on the "sale" of my EFT's.

Can I still claim tax on this

  Written by Marc   Posted 26 November 2015

I worked in the film industry and paid tax a while ago but never claimed any tax?

Not submitted returns since 2013

  Written by Marc   Posted 26 November 2015

I lost my job in August 2013 and I did not submit my tax returns. Can I still submit or are there any penalties imposed or is not necessary?

How do I get a Tax recalculation?

  Written by Marc   Posted 26 November 2015

I erroneously declared company Travelling in my 2015 tax returns, when I have Travelling allowance. How do I rectify this?

Sole proprietor can you claim startup cost and amount paid for business

  Written by Marc   Posted 26 November 2015

If you've bought a new business and you are a sole proprietor where can one complete the amount paid for the business?

Submitting IRP5 document

  Written by Marc   Posted 26 November 2015

How do I submit the IRP5

I am due a refund but I don't have a 2012 tax return as I was studying full time.

  Written by Marc   Posted 26 November 2015

Hi there. I'm due a refund from SARS but it might be withheld as I did not submit a return in 2012. I wasn't working in 2012 as I was studying full time. Please advise what I need to do in order to ensure all my tax returns are up to date? Thanks

Is it neccessary to have a bank account to submit

  Written by Marc   Posted 26 November 2015

Do you have to have a bank account

Pension fund withdrawal

  Written by Marc   Posted 26 November 2015

If I withdraw money from my pension fund how will it be taxed. 500 000 withdrawal

TAX PAYABLE ON BONUS MONTH

  Written by Marc   Posted 26 November 2015

how much tax would i pay with my bonus month

Is UIF levied on commission earners?

  Written by Marc   Posted 26 November 2015

Hi. Does commission earners pay UIF and if so, how much is deducted. The commissions payable is under R6000 per month. Does the employer deduct UIF on amounts below R6000?

Submission of tax form

  Written by Marc   Posted 26 November 2015

I have earned R5000 per month. I work for my husband. I have not payed PAYE or UIF. Can I still submit my tax form?

If an expat individual salary processed in feb will the tax deducted for entire year or only feb

  Written by Marc   Posted 26 November 2015

If I have landed in South Africa on 20th of Jan 2016 and my salary for Feb 2016 is processed in South Africa. The tax would be deducted only for the month of Feb or for entire financial year that includes previous months wherein I was not part of SA.

Can I claim for med. Aid monthly contributions?

  Written by Marc   Posted 26 November 2015

Am I allowed to claim against my monthly contribution to my medical aid even if my company pays its portion?

Provisional tax once off situation?

  Written by Marc   Posted 26 November 2015

In the 2015 tax season my employer paid me my full salary and did not subtract PAYE. This was the case for 3 months. I did not get an IRP5 for that period. I know that I need to pay that tax portion How do I declare that to SARS? And avoid becoming a provisional tax payer

Do I still have to submit a tax return having emigrated to Namibia?

  Written by Evan   Posted 26 November 2015

My friend lives in Namibia - she recently moved there about 2 years ago. She earns income there and pays medical aid and pension contributions there. She still has a bank account in South Africa together with investments so she is earning interest yearly. Would she still have to submit a tax return? The interest she has earned showing on her IT3b from the bank is just under R900. Would appreciate your help with this? Thank you

Is a flat I build on my bond with the increase in bond cost paid by parents and brothers an income?

  Written by Marc   Posted 26 November 2015

I built a flat for my parent, increasing my bond. My parents and brothers help pay for the increase in the bond. The amount just covers the increase in bond cost. Is the payments an income or not?

Don't know if i'm provitional or individual tax payer.

  Written by Marc   Posted 26 November 2015

I'm not sure which type of tax return should I submit.

L regestered this year ealy

  Written by Marc   Posted 26 November 2015

I forgot my tax number

Do I get money from SARS?

  Written by Marc   Posted 26 November 2015

How do I know I got money at SARS

SARS eFiling registration

  Written by Marc   Posted 26 November 2015

How do I register for SARS eFiling???

SARS code 3702 not being taxed

  Written by Marc   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

  Written by Marc   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

Provisional Taxpayer status

  Written by Marc   Posted 25 November 2015

I receive a bonus from my boss every year, but this bonus is not guaranteed, we only receive it if we reach our targets. For the past couple of years we have reached our target and have received the bonus and SARS has now made me a provisional tax payer. I have also just submitted my tax return and I received my statement of account and SARS has charged me a huge amount as penalty for under estimation of provisional tax. Why would this be?
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