Maximum allowable travel allowance

  Written by Evan   Posted 19 July 2015

What is the maximum amount (percentage) that one is allowed as travel allowance based on the total package earned, ie: If my total package is say R10 000, maximum amount allowed as travel allowance is say 30%, then my salary will be R7000 and my travel allowance R3000.

I just need to know the percentage amount so that I can structure my total package accordingly to get the maximum tax benefit.

Where must I submit dividends and interest received on an investment?

  Written by Evan   Posted 18 July 2015

I have received dividends and Interest from an investment. We haven't shown this anywhere!

Tax on overseas earnings when moving to SA

  Written by Evan   Posted 17 July 2015

I have been working as a teacher in Dubai for 15 years. Prior to this I lived in the UK since 1984 and I was born there. I lived in SA from 1974 to 1984 as a child and gained SA citizenship, bought property and spent holidays in SA whilst teaching in Dubai. I will now move to live in SA on a permanent basis. My question is whether I will be liable to pay tax on my overseas earnings from March to July 2015 (the month I tax return to SA).

Medical expense claims, for wife dependent on me to pay her subscriptions

  Written by Evan   Posted 17 July 2015

When I got married five years ago my wife was not a member of a medical scheme and I got her to join a scheme, not the one I belong to as it was too expensive. I pay the subscriptions, monthly via a debit order on my cheque account. Also she is financially dependent on me. Can I claim her medical expenses on my tax submission? I am over 65 years old.

When am I getting paid?

  Written by Evan   Posted 17 July 2015

I have submitted my tax returns through SARS e filing on the 3rd july 2015 and then was asked for supporting documents which I then submitted on the 10th July 2015. I still have not received my payments. Please advice

How do you file previous years without income?

  Written by Evan   Posted 17 July 2015

How do I file for previous years when I was unemployed? I have filed the previous 3 years of my employment (2012-2015), but still have two years prior to that outstanding where is was unemployed (2010-2011).

I have not yet received my IRP5

  Written by Evan   Posted 17 July 2015

When can I get my IRP5?

What does this message mean by approving my returns and epayment of R4,924.95. Do I have to pay or w

  Written by Evan   Posted 17 July 2015

I have received an email from SARS saying

We have approved your tax returns and epayment of R4,924.95 made into your account
Click below to check for confirmation

then they put the link.

When I am clicking on the link I have to choose the bank I'm using then they ask for username password. They take my password, my cellphone no and email address, then ask for same thing again and again.

Is this a scam?

Is my boss really contributing to my tax returns?

  Written by Evan   Posted 17 July 2015

How do you know that your salary is being taxed for real if you are not getting a pay slip?

2008 tax return outstanding

  Written by Evan   Posted 17 July 2015

Good day,

Every year since 2009 I have been doing my SARS eFiling and lucky enough, getting a refund paid to me. Now this year 2015 SARS says I have an outstanding tax return from 2008? Why wasn't it picked up last year when I was Audited?

Will I now be penalised for this? Even though I did pay my taxes. I have requested a tax return on SARS Efiling for 2008, just awaiting IRP5 from my company.

Unemployed but don't know if IT12 must be submitted to apply for daughter's bursary

  Written by Evan   Posted 17 July 2015

I have been unemployed for a long time, only doing odd jobs that didn't require pay slip at the end of the month. I have applied for bursary at my daughter's new school. One of the requirement is that I have to submit IT12. My partner works so he can submit his. My question is : Do I have to submit IT12 as well even though I am unemployed? Thank you.

Office in home deductions

  Written by Evan   Posted 17 July 2015

Kindly elaborate on office in home deductions percentage-wise, also the hoops and rings that will be required by SARS to achieve this deduction.

Why they want verification of my bank details because I did give them

  Written by Evan   Posted 17 July 2015

Hi TaxTim, I submitted my IRP5 then thy told me that I must be refunded my overtax back. I submitted all my documents but at night I received a message that says I must verify my bank details.

Past IRP5 I could not get from employer

  Written by Evan   Posted 17 July 2015

I have been requested to submit my 2009 tax return and I could not receive IRP5 from my employer.

Completed Tax Return for year, owe SARS

  Written by Evan   Posted 16 July 2015

Was hoping you can assist filed my tax return yesterday and SARS is basically stating that I owe them R10,000 within in a year, I know this is untrue as every month I have been paying tax. I was a contractor for the last 10 months. Please advise if you able to assist as my tax return has already been submitted.

Deductible company expenses

  Written by Evan   Posted 16 July 2015

For many years I operated as a sole Proprietor. Early 2014 I registered a PTY Ltd and duly traded as the PTY LTD. As executive director, by choice I did not draw any salary, the idea being that this would help the company cashflow by saving more working capital. I paid for all vehicle expenses ie fuel, maintenance, privately out of my savings, but approximately 90% of the vehicle use and expenses are attributable to the PTY LTD business. Is there any way that these expenses can be recovered from...

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Motor Bargaining council levies, were deducted, but I was never registered

  Written by Evan   Posted 16 July 2015

My employer was deducting Motor council levies, but I was never registered. They said I will not get my levies back to me. I had to approach the Motor Bargaining council to get the motor levies paid back to me, and was paid as a cash deposit, instead of on line banking transfer. Surely, the money that was originally deducted from me, went to another account, or invested elsewhere, how did they manage to do their tax return. Is there any way, that I should report this matter to SARS, etc?

Can I submit medical prescription statements at SARS?

  Written by Evan   Posted 16 July 2015

I don't keep medical prescription slips, but I get a summarised statements every time after consulting, can I submit those statements at SARS?

Company or Individual tax if IRP5 is from my company

  Written by Evan   Posted 16 July 2015

What if my tax return (IRP5) show my name on it as a business for example "Koos Consulting Services". But during the tax year I worked at this company on contract. Every month they subtracted individual tax from my payslip (which was right). My question now is, when I do the tax return at SARS won't they now want me to pay company tax, and not individual tax?

CGT on primary residence previously resided in

  Written by Evan   Posted 16 July 2015

I own ONE property which I previously resided in (property A). I now rent this property (A) out to other people and reside in a different house which I rent from someone else. I have now sold the property (A).

I owned the property for 9 years of which I resided in it for 6 years (rented out the first year and the last /- two years). Given that it is the only property that I own and I previously resided (Sch8 s44(b)) in it, will the sale qualify for the primary residence exclusion in...

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Commission only tax amount

  Written by Evan   Posted 16 July 2015

If I am independent, and my only income is from deals that I put together, how much Tax % wise
do I have to pay, is it sliding or fixed?

Time taken to issue new tax number

  Written by Evan   Posted 16 July 2015

My previous tax number is listed as insolvent and SARS assisted me with a new IT77 application for a new tax number, I was made aware that since the insolvency that SARS has money owing to me for the years that followed. They advised that they will transfer those funds onto the new tax number and then I will receive my rebate. Once I get the new tax number I can then submit my last IRP5 to the new tax number as well. Happy with that.

My question is how long does it take SARS to issue...

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Haven't received my return 7 days after an IT34 was issued

  Written by Evan   Posted 16 July 2015

I submitted my tax stuff on SARS eFilling exactly 7 days ago today. SARS responded promptly with an IT34 notice, which indicated that I'm due to receive a tax return (which was a negative amount, not sure what that means. Do I owe SARS or do they owe me?). Now I still haven't received the money (7 days later). What could be the problem?

ITA34 issued but no ITSA

  Written by Evan   Posted 16 July 2015

I submitted my 2015 tax return. My refund was not paid out because they said I need to submit my 2010 tax return and I went to the SARS branch and filed manually. I received an ITA34 but no ITSA and in audit or verification is says N.

Will I get the refund even though I didn't get my ITSA?

Claim business usage for private car

  Written by Evan   Posted 16 July 2015

Hi I am using my private vehicles for business travel, part of my job is to do site visits, client meeting ect. I did not receive a travel allowance from my company. Please explain how I can claim this back as I do have log sheets for the travel. I am busy having my package restructured to include a car allowance.

Part 2: can I claim depreciation for one vehicle and also claim travel back or is it not allowed?
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