Written by Marc
Posted 11 March 2015
Written by Marc
Posted 8 March 2015
Written by Marc
Posted 7 March 2015
Written by Marc
Posted 7 March 2015
Written by Marc
Posted 6 March 2015
Written by Marc
Posted 6 March 2015
Written by Marc
Posted 6 March 2015
Written by Marc
Posted 5 March 2015
Written by Marc
Posted 5 March 2015
Written by Marc
Posted 3 March 2015
Written by Marc
Posted 3 March 2015
Written by Marc
Posted 2 March 2015
Written by Marc
Posted 2 March 2015
I have dual citizenship. I have resided in the UK for the last 5 years with my children. Income from living annuity is being limited to 3%. I plan to sell my shares over 8 years and remit the proceeds together with the annuity to cover my living expenses and then increase my annuity to cover future shortfalls on my living expenses. I am 75 years old. My intention is to keep my taxable income below the tax threshold. I pay 15% WHT on dividends. I earn no income from any other source in South Afr...
Written by Marc
Posted 2 March 2015
Written by Marc
Posted 2 March 2015
Written by Marc
Posted 1 March 2015
Written by Marc
Posted 27 February 2015
Written by Marc
Posted 27 February 2015
Hello. I work for a company where I was previously employed full time before I relocated. Now I work on a contract basis (contract renewable annually) performing tasks previously in my job description from a home office which I furnish, equip and maintain myself. I work unsupervised and submit an invoice monthly for a set number of hours worked and am paid an hourly rate. As this is my only income, the company deducts PAYE, but I pay for medical aid, retirement annuities and income protection pr...
Written by Marc
Posted 27 February 2015
Written by Marc
Posted 27 February 2015
I am a foreign national on a work permit currently permanently employed and also want to start free-lancing/consultation work. I have had calls from companies/businesses needing my skills and I decided to register a company in my name at CIPRO. The issues are I need a business permit to open a bank account and then register at SARS but this is a huge mountain to climb due to the "unfavorable" requirements required by Home Affairs. If I go ahead with this work whilst I work on my busine...
Written by Marc
Posted 27 February 2015
Hi Tim, I am a sole proprietor and have a question about deducting my vehicle and petrol for business use. Currently I am deducting 70% of my vehicles monthly installment as well as 70% of my fuel costs from my taxable profit. However I have not been keeping a log book, the 70% is an estimate which in my opinion is a bit lower than my actual business use. Almost all my mileage is for business use. Could I get in trouble for this? Do I need to keep a logbook? If ever asked by sars I could give a ...
Written by Marc
Posted 26 February 2015
Written by Marc
Posted 26 February 2015
Written by Marc
Posted 26 February 2015
Written by Marc
Posted 25 February 2015