What is a personal income tax assurance audit?

  Written by Marc   Posted 2 February 2015

What is a personal income tax assurance audit? Does this mean they are auditing more than one year?

WHEN MUST MEDICAL AID CREDITS BE DEDUCTED

  Written by Marc   Posted 2 February 2015

Must the Medical Aid Credits (R257x12) be deducted from Taxable Income before calculating tax payable from the tables or from Tax Payable after the calculation has been done ?

Do I get tax relief when buying a medical aid?

  Written by Marc   Posted 2 February 2015

If I buy a medical aid and the installment is deducted from my bank account what tax benefit do I have?

Addional income from Mauritius - where do I include this on my return?

  Written by Marc   Posted 2 February 2015

I am employed in South Africa, and I am a South African tax resident. I have the opportunity to do work for a Mauritius company. Essentially I will be on a South African company's payroll as well as a Mauritius company's payroll. I will be spending less than 60 consecutive days in Mauritius so I will remain a South African tax resident. How will my additional income from Mauritius be taxed? Will I have to pay PAYE in Mauritius and pay tax again when I submit my return to SARS?
I have heard ...

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How to submit tax for freelance work

  Written by Marc   Posted 2 February 2015

I have been freelancing for 8 months now and have generated some income. How do I submit my tax return for these cash deposits? They are all different amounts from different clients. I obviously do not have an IRP5 as these were cash based payments.

Why do SARS do second audits?

  Written by Marc   Posted 31 January 2015

SARS say they are doing a second random audit that doesn't appear on my statement of account. What is a second audit that SARS is referring to and why does it take so long to refund me?

Can a creditor claim my income tax refund?

  Written by Marc   Posted 31 January 2015

Can one or more of my creditors claim my income tax refund from SARS?

Can you deduct expenses incurred in production of income when earning an hourly rate subject to PAYE

  Written by Marc   Posted 31 January 2015

Where you work on short term contract for an hourly rate and your "client" deducts employee tax from your earnings (following completion of a questionnaire), are you able to deduct expenses incurred in the production of that income - such as travel and subsistence?

Incorrect tax calculated

  Written by Marc   Posted 30 January 2015

I started a new job in January 2015. Our work uses VIP payroll for calculating and processing salaries. My gross salary is R43333. 33 per month (no other benefits). Why would the tax on my pay slip show R12 718. 35? Per the tax tables and this website I should be paying tax of R10 379. 04 together with UIF of R148. 72. R2 339. 31 of additional tax is being deducted. Why is this? And will it be corrected in future months?

Submission to the tax man if you are under the tax bracket

  Written by Marc   Posted 30 January 2015

Do I have to submit anything if I only earn R5000 a month?

Are setting up of WILLS tax deductible?

  Written by Marc   Posted 29 January 2015

Can I deduct the cost of setting up a Last Will and Testament in my next ITR12? I have already received an invoiced from my attorney.

Offshore Tax working for SA company

  Written by Marc   Posted 28 January 2015

I work offshore for a SA company and as such have monthly tax deductions. I have been out the country for more than 183 days of which 105 days were consecutive. Do I qualify for tax exemption and able to claim my tax back?

Tax refund on inheritance

  Written by Marc   Posted 28 January 2015

My partner inherited some money (from policies and investments) over the last financial year and paid a lot of tax on the payments. My question is, because he is not employed, can he claim any of the tax back?

Tax refund for medical expenses paid from my own pocket?

  Written by Marc   Posted 27 January 2015

My husband pays the medical aid contribuions but I have paid 107000 to medical practitioners for operations that I have had in 2014 how much would I be able to claim on my tax return I have all the proof of payments made

Salary paid and claimable expenses?

  Written by Marc   Posted 26 January 2015

1. I am a salaried employee, I receive a travel allowance so I claim my business km's by using a logbook- but I would like to know whether I can also claim the depreciation on my vehicle even if I claim km's?

2. My wife was unemployed for 18 months, so I paid for her medical aid, she submitted a 0 return for herself, would just like to know whether I can claim the medical aid expenses on my tax return ( as I paid for it, but it is on her name). 3. I have a Samsung Tablet which I use 9...

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S10(1)(o)(ii) - does all the time out of SA need to be spent actually working?

  Written by Marc   Posted 25 January 2015

I am a freelancer, and last year I spent 248 days out of SA, in three blocks (including one block of more than 60 days). During some of this time out of the country, I did some contract work - two jobs for two different foreign companies, and one job for a South African company. But I spent much of the time not actually working, but travelling/holidaying. Of the 248 days, only 97 were spent on work contracts. So I just want to clarify whether the income I earned on those three contract jobs is t...

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Is a loan to an employee a S11a deduction?

  Written by Marc   Posted 24 January 2015

If a company borrows e. G R5000 to an employee, with no interest, Is it a S11 (a) deduction? where do I work it in, in the taxable income of a company?

How would an individuals tax be calculated if he/she earns a basic salary plus a commission per year

  Written by Marc   Posted 22 January 2015

Does an individual taxpayer pay any PAYE on commission earned?

VAT on maintenance expenses for rental properties?

  Written by Marc   Posted 22 January 2015

I have an income from a rental property. I am allowed to deduct maintenance expenses from the income for tax purposes. Must the deductions values for maintenance include or exclude VAT?

How much will be deducted for tax purposes?

  Written by Marc   Posted 21 January 2015

Minimum tax charged on R 600 000 upon resignation .

Treatment of reimbursive and travel allowance in the same period?

  Written by Marc   Posted 20 January 2015

How do we calculate business km's when employee has got both reimbursive and travel allowance?

Correct codes for medical expenses?

  Written by Marc   Posted 20 January 2015

I need to know which code I need to use when adding an amount to medical cost incurred and paid for by myself.

Tax payment for over 65 years?

  Written by Marc   Posted 18 January 2015

I am 65 years old married in community of property, I receive a monthly annuity of R5,000, I also receive interest from fixed deposits of R16,000 per month, what would my tax payment per annum be.

Do I need register for provisional tax?

  Written by Marc   Posted 16 January 2015

I currently earn a salary above R70,000 a year and I want to start doing some freelancing work where I will be serving mainly international clients and will be paid through PayPal and then withdraw that money to FNB.
I will be doing this job as a hobby so I expect to make maybe few hundred rands a month, and sometimes less, so it won't really be an income.
So I need to know if I have to register for provisional tax?

Can I claim more than the allowance: note salary is more than 50%

  Written by Marc   Posted 16 January 2015

I am a business manager earning a salary/commission. Salary is more than 50% . I receive a travel allowance of 2500 per month.My m/v expenses are greater than 2500 per month. Can I claim more than the R30 000 allowance?
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