Tax deduction on payout of R580 000, 00

  Written by Marc   Posted 11 May 2015

How much tax in rand will be deducted from a pension payout of R580, 000, 00?

Tax deduction for partial month worked?

  Written by Marc   Posted 11 May 2015

I started working on the 23 March. When ii receive my pro rata pay of R3000 ( from April would be R9500). They deducted tax from the pro rata pay. Is that correct to deduct tax from a pro rata pay?

How are commission only earners taxed and where can I get proof of it according to the South African

  Written by Marc   Posted 11 May 2015

How are commission only earners taxed and where can I get proof of it according to the South African Law?

Commission PAYE - assistance?

  Written by Marc   Posted 11 May 2015

Hi Tim. Great Blog! My question is quite simple. I've started working for a company earning commission only. We have not yet registered any of my details and I've earned around R 18 000 in commission this month. I would like to know what percentage should they have deducted from my earnings? Is it 18% throughout? I would also like to register under code 3606 as I have various expenses that I need to incur in order to conclude a sale and would like to deduct some of these expenses. Do I claim it ...

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Type of tax should one pay from contracts?

  Written by Marc   Posted 11 May 2015

What type of tax should one pay if he gets income from contracts?

Am I entitled to a tax refund?

  Written by Marc   Posted 30 April 2015

I got a pension payout from the ex husband as it was in the agreement SARS taxed me R9500 on the amount paid to me

Can I claim VAT or qualify the above mentioned type of transaction as a Tax invoice?

  Written by Marc   Posted 30 April 2015

I have a Invoice with Invoice NO:XXXX and the supplier charged VAT at 14% which is displayed according to SARS rules. My problem is that the words "Tax Invoice " are displayed vividly underneath the description of the goods purchased as "This is a Tax Invoice", do I claim VAT on this type of a transaction? The supplier is a VAT registered entity.

Can I pay and deduct vat input on this type of transaction?

  Written by Marc   Posted 30 April 2015

You ask for a "Copy Tax Invoice" from the supplier and the supplier issues a Tax Invoice ("Office Copy"), is this acceptable as a "Copy Tax Invoice"?

Tax for two weeks service rendered?

  Written by Marc   Posted 30 April 2015

Should I pay tax if I rendered a service to someone for only two weeks. I am not an employee of that company. They have to pay me R8100. 00

If I earn R40k pm for 5 months is it anualised for tax purposes and tax liability apportioned 5/12?

  Written by Marc   Posted 30 April 2015

If I earn R40,000 per month and only work for 5 months(R200,000) of Tax Year(say 28 Feb 2016), is tax computed on R40k X 12 ie R480k and Tax liability apportioned 5/12ths or on R40k x 5 ie R200k and tax liability only on R200k for full year?

Has UIF deduction been capped at R10 from 1 April 2015?

  Written by Marc   Posted 30 April 2015

Has UIF deduction been capped at R10 from 1 April 2015?

Compensation of home based care worker - tax obligations?

  Written by Marc   Posted 30 April 2015

I would like to understand the tax obligations, if any, for the following scenario and hope you will be able to assist with such. I am disabled and had to employ the services of a home based care worker to assit in my daily living activities/requirements. (since Jan 2015) According to my understanding, such is not deemed to be a formal employment and thus would not be taxable (same as domestic workers), but I just want to make sure. Neither is UIF payable. Now for the tax question: The carewor...

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Do you pay PAYE on unpaid leave?

  Written by Marc   Posted 30 April 2015

My salary is as follows basic of 16500, travel allowance of 4500, cell all R500, medical aid R500 & RAF R500. I did not work 2 days this month and this was deducted as unpaid leave of R1517. 24. Please advise if you are supposed to pay PAYE on unpaid leave. Thanks

Is reimbursive expenditure entertainment as defined?

  Written by Marc   Posted 21 April 2015

Do we have VAT implications on reimbursement expenditure incurred by salesman for entertaining important customer?

I've resigned ill be getting R169.00 how much will be deducted

  Written by Marc   Posted 21 April 2015

I was working at a school as a general worker I've resigned in 28/02/2015 approximately my pension lump sum is R169. 000 I would like to know how much will be deducted.

Housing allowance tax?

  Written by Marc   Posted 21 April 2015

I am a 27 years old. I have a new job mu basic salary is R18 600 and I will also receive a housing allowance of 2300. How much tax will I pay in tax?

Can I get a tax refund from a fund payout

  Written by Marc   Posted 21 April 2015

I received a payout after my mom passed. Do I qualify for a tax refund?

Employer hasn't paid SARS PAYE - now what?

  Written by Marc   Posted 21 April 2015

I just found out that my employer hasn't paid my PAYE contributions to SARS, even though he has been deducting it every month as reflected on my pay slip. What can I do, the tax season will be open soon.

Does maternity leave affect tax refund claims?

  Written by Marc   Posted 21 April 2015

I was on maternity leave from Feb2014 - May2014, will this affect my tax return claims?

As an independent contractor, can study fees be claimed in a tax return?

  Written by Marc   Posted 21 April 2015

I'm an independent contractor (SARS code 3616) and would like to find out whether my UNISA study costs can be included in my text return? My degree is related to my job and the agency I contract through does not contribute to my study costs. If my study costs can be claimed, where should the amounts be captured on the claim form?

Tax return - can I claim a refund?

  Written by Marc   Posted 21 April 2015

If I earn R4 000 per month can I claim for tax return tax

Is input tax claimable on expenses incurred to entertain an important customer?

  Written by Marc   Posted 21 April 2015

Can a business claim VAT input tax on expenses incurred by a salesman to entertain an important customer and himself on its behalf ?

Time frame on tax return in excess of R100 000?

  Written by Marc   Posted 21 April 2015

How long does it take SARS to refund tax in excess of R100 000. 00?

How does my salary get taxed?

  Written by Marc   Posted 21 April 2015

Hello , I am 37 years old and my annual salary is R160000 and travel allowance R40000 I a traveling roughly equal for business and private distance and contributing R14000 pension fund (out of my salary earnings) what is my tax deduction from my monthly salary?

Can I claim back for contributions to a medical health insurance, ie not a medical aid scheme?

  Written by Marc   Posted 21 April 2015

Can I claim back for contributions to a medical health insurance, ie not a medical aid scheme?
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