How do I calculate Monthly PAYE correctly

  Written by Marc   Posted 23 June 2015

When calculating and employee's monthly PAYE shouldn't the tax rebate amount be deducted off the taxable salary amount upfront?

So an employee (28 years of age) earning R 10 500. 00 per month = Annual Salary of R 126 000. 00. Should the monthly PAYE be calculated as follows:

R 126 000. 00 * 18 % = R 22 680 - (2016 rebate amount) R 13 257. 00 = R 9 423. 00/12 = R 785. 25 monthly PAYE due. Or Should the calculation be done as follows R 126 000. 00 * 18% = R 22 680. 00...

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Earning a salary in the UK but living in SA.

  Written by Marc   Posted 23 June 2015

This is a question which is related to the question posted below: Posted 2 December 2013 under Tax Questions I'm a South African currently residing in the UK (and have done so for the past 10 years). I will be returning to South Africa as a resident but will still be earning pounds (This is a salary I'm earning from the UK. I basically do Marketing work for a UK based company and get paid in pounds into a UK bank account and also pay taxes in the UK). What is my obligation towards SARS? My qu...

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Claim for disabled person in my tax return?

  Written by Marc   Posted 23 June 2015

I have a son who is disabled and want to know what and how I can claim for his medical expenses. He was born with brain damage, nystagmus and epilepsy.

Can you claim for use of your private vehicle for work without a travel allowance or car allowance?

  Written by Marc   Posted 23 June 2015

Can you claim for vehicle usage if you used your private car for work and got a detailed logbook for it but did not receive any travel allowance or car allowance?

Im jobles now ,will I still get a tax refund?

  Written by Marc   Posted 23 June 2015

Greetings !I'm no longer working,so I want to know am I still going to get a tax refund?az I got 2years ago?

Is everbody entitled to R500 000 tax free amount on retirement funds

  Written by Marc   Posted 23 June 2015

I have retired at the end of December 2007. At that time the tax free amount was R300 000. Since that time the tax free amount was increased to R500 000. I have a retirement annuity which is due to pay out soon. The 1/3 lump sum which I intend to take is R46 000, Will tax be deducted from the lump sum amount or will it be tax free?

Med deductons

  Written by Marc   Posted 23 June 2015

I am 78 years old I paid R27000. 00 medical for the year what can I deduct from my income

Self employed income

  Written by Marc   Posted 23 June 2015

I was full time employee for the first six months, and then changed to self-employed contractor issuing an invoice to a seperate but related entity. What are the deductions I can claim against income invoiced?

What deductions can I claim as an independent contractor?

  Written by Marc   Posted 23 June 2015

I have a permanent salaried job and I do work for others as an independent contractor as well. What deductions can I claim as an independent contractor? Can I claim more deductions than I receive as revenue as an independent contractor (effectively losses).

SARS payment

  Written by Marc   Posted 23 June 2015

Tax has been deducted from my salary every month but the lady from SARS who I spoke to over the phone said they have no record of my payments. Where has this money been going to?

What is my tax obligations when running a DVD rental store as sole proprietor?

  Written by Marc   Posted 23 June 2015

I am thinking about acquiring an established Dvd rental store and plan on running it as a sole proprietor and using my personal bank account for the business. This would be my only income and only business. * How would I calculate my "taxable-income" Ex. , (all amounts are monthly expenses) The total turnover would be roughly R15000 of which, R4000 goes toward purchasing films (stock), and R5000 would go toward renting the premises. I would also need to purchase printer ink, paper, stationary,...

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Do I have to wait for my IRP5 from my employer?

  Written by Marc   Posted 23 June 2015

Do I have to wait for my IRP5 before I can fill in the details?

How do I know if I am due a refund?

  Written by Marc   Posted 24 May 2015

Should I get a tax refund?

Tax on extra income

  Written by Marc   Posted 24 May 2015

I am a widower earning a monthly salary of R5500 p/m and have a fixed widow's pension - R5500. 00 p/m. Every year I get taxed and have to pay back - Is there any way I am doing something wrong that they tax me to pay back - R10000. 00 per year on assessment?

My employer cannot pay my provisional tax so I have been getting a full salary.

  Written by Marc   Posted 24 May 2015

My employer cannot pay my provisional tax as they do not have enough funds to match my provisional tax (meaning what they have to pay from their pockets to SARS). They have been paying my salary in full with no deductions and it has been up to me to save that money and pay my tax in November 2015 as a Regular tax payer. How much will my tax be? I earn R15000 per month. Worked out that my tax would be R2700 per month.

Non-resident tax qualification and documentation

  Written by Marc   Posted 24 May 2015

I am a South African citizen, employed by a South African company, which has subsidiaries across the continent. I am being paid out of South Africa, into a South African bank account. I have been seconded to work in East Africa for a year. On my salary, regular PAYE and UIF are being deducted. I plan to spend a minimum of 183 full days (including 60 consecutive full days) out of the country. What else do I need to qualify for the non-resident tax exemption? Are there any particular codes on my p...

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How much rent is allowed before tax and when do we have to register only once the rent is paid?

  Written by Marc   Posted 24 May 2015

Hi Tim I have a student who is paying me rent in a 2 bedroom semi-detached. He started paying rent in February 2015 when do I have to register as a provisional taxpayer? Is it only once you've earned more than R30 000 for that year? Then I will have to register next year then in Feb 2016?

How to make use of your services?

  Written by Marc   Posted 24 May 2015

How do you get money from my return in SARS which deductions

Tax deductions on different salaries

  Written by Marc   Posted 24 May 2015

I have had 3 jobs for this tax year, 2 permanent and 1 temp. I've had tax deducted on all three salaries. Will this affect my submission for this year? And how will it be taxed seeing that my salary increases with every job as well as my deductions.

Deduction for SARS tax returns?

  Written by Marc   Posted 24 May 2015

For my deductions what documents do I need to have all ready

medical aid contributions
RA/provident fund contributions
invoices for any Cell/laptop/equipment required for work that was not remunerated back to me

and what else ?

I have a RA with Discovery of R16k, how much tax back can I expect?

  Written by Marc   Posted 24 May 2015

I have a RA with Discovery of R16k, how much tax back can I expect?

From freelancer to permanent - when/how do I apply for my refund?

  Written by Marc   Posted 24 May 2015

I freelanced for a while so I paid provisional tax from last year August 14 to Jan 15 and then again Feb 15 to Aug 15 (overpaid a few invoices accidentally). I got a full time permanent job since 13th April. When can I apply to get a refund from the provisional tax and some overpaid invoices please? And how do I go about this? Thanks!!

From which income amount per annum must I pay tax?

  Written by Marc   Posted 24 May 2015

Can you please tell me from which amount per annum (salary) does I have to fill in a tax form?

Why they can't give you all tax return if u applied

  Written by Marc   Posted 24 May 2015

I want to know that is right time to submit IRP5 and I want to know about the money that was from pension fund for my previous companies can get also to my tax return for this year?

On R1100 tax deductiong every month how much SARS can refund me?

  Written by Marc   Posted 24 May 2015

If I have R1100 tax on my salary every month, don't have medical aid or other deduction how much can I get when I submit my tax and return?
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