R5500.00 salary before the deduction of UIF should or should not pay SARS?

  Written by Marc   Posted 14 January 2015

My brothers salary is R5500.00 a month then they deduct R50 so I want to know is he suppose to pay tax and how much he should pay

Maintenance claim on my vehicle if only recently started getting travel allowance for my personal mv

  Written by Marc   Posted 14 January 2015

I am a permanent salaried employee, I use my personal vehicle for business purposes, my company pays for my fuel, but I only recently started receiving a travel allowance, it has been worked into my current package so I don't get paid more it has just been incorporated into my salary package.

My question now is, will I be able to claim for the maintenance as per SARS calculation and my logbook? I have been using my vehicle since the start of the tax year, but as mentioned only starte...

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How to claim for a "Tax Credit" due to changing jobs?

  Written by Marc   Posted 14 January 2015

I was permanently employed at my previous employer for 8 years. I am with my current employer for 10 months now and have been retrenched. I was fortunate enough to find employment beginning immediately after my retrenchment.

My current earnings are R12k and will be the same at my next employment. How do I go about claiming for a tax credit ( changing jobs makes me applicable from what I've researched)? How do I do my next tax returns with two employer tax certificates (I think it's c...

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How much to pay into my RA?

  Written by Marc   Posted 13 January 2015

My RA allows me to make a top-up payment at any time.
Please can you tell me how to calculate the optimum lump sum amount I should pay into my RA in order to obtain the maximum tax advantage for the 2015 tax year?

I earn R60,000 per month before deductions and I should receive 2 more pay cheques before year end. My income for the tax year to date is R542,283.65 (Gross remuneration on latest pay slip). Therefore income for the year will be R662,283,65 as well as rental income of R55,000 coming to R717283,65....

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Examples of other taxable allowances falling under code 3713

  Written by Marc   Posted 13 January 2015

What does code 3713 on an income tax cover- examples of other allowances taxable

Still waiting for a refund weeks after receipt of completion letter.

  Written by Marc   Posted 13 January 2015

Hi TimI filed my wife's tax return on 20/11/2014. SARS then requested supporting documentation which we provided. In mid December they issued us with a completion letter stating that they would not be amending our return but that they retain the right to do so in the future. This was followed up with a Statement of Account on December 24th. We are yet, however, to receive any refund from SARS. When I log onto e-filing, the status says "Return - data submitted to ITS"I am unsure ho...

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I have no IRP5, but I am tax for so Two years, I don't even know who I worked for?

  Written by Marc   Posted 10 January 2015

I am a freelance artist, sometimes I don't get my RIP5 and I spend months sometimes without a job, maybe a year, so how do you deal with people like me who are tax and have tax number but can't find the IRP5 when we required to bring it? What happens to us don't we get our return back? Should one forget about tax?

When will I get a refund from SARS?

  Written by Marc   Posted 9 January 2015

I received a letter from SARS saying that I have to verify my banking details for SARS to refund me back my money that was over taxed. I went to the SARS office to verify so when am I going to receive the refund?

Calculating fuel expenses for ad hoc freelance work?

  Written by Marc   Posted 8 January 2015

How do I calculate car expenses for ad hoc freelance work? As an employee I'm reimbursed at the SARS rate for travel and it is recorded on my IRP5. But as a freelancer doing a couple of ad hoc jobs over the course of a year, whilst still being employed elsewhere, how do I calculate the expense per km, and what documentation/records do I need to keep?

Is a bonus meant to be taxed more than monthly pay, if the bonus is the same amount at the monthly?

  Written by Marc   Posted 8 January 2015

Is a bonus meant to be taxed more than monthly pay, if the bonus is the same amount at the monthly pay?

Can I claim medical expenses for myself and my two children if my husband pays medical aid for us?

  Written by Marc   Posted 7 January 2015

I am married out of community of property. My husband pays medical aid for me and our two children. The medical aid is only a hospital plan so does not cover day to day doctors and dentist bills. I pay for the doctors and dentist bills for me and my two children. Can I claim these as a medical expense?

Depreciation calculation on low value asset

  Written by Marc   Posted 6 January 2015

I have been audited by SARS and they need a depreciation calculation for a low value assets (cell phone) that I used to conduct business for my employer. Please send me the calculation as I cannot retrieve it from my tax return that I did with you.

Getting a Salary vs Invoicing the Company?

  Written by Marc   Posted 6 January 2015

Good day. I was wondering if TaxTim could help me with a query relating to my salary at my new job.

The owner prefers me to invoice him for my services at the end of the month. My question relates to what the tax implications will be with this? The remuneration is R120K per year and will be paid monthly.

Does this require me to act like a small business? And is the tax payable more or less in this case?

Thanks for your time

Settled business/private car tax allocation

  Written by Marc   Posted 5 January 2015

I have paid off/settled my car 4 years in advance that I use for business and private purposes. So far I've kept track of km for each and apply that percentage to my monthly installment as business expence. But how to go now about with the settled amount paid? What percentage must I use to allocate for tax purposes?

Can I invoice my employer as if I were a consultant instead of being an employee and paying PAYE?

  Written by Marc   Posted 5 January 2015

The question, I am employed by a company full time to which I fall in the 38% tax bracket and would like to figure a way out to pay less tax especially when I get paid commission over above my salary.
My company is open to the idea that I open a 'consulting' company to which I then invoice my employer as if I am not employed by them.

Is this possible and what are the implications of this approach?

Will I receive 100% of the value of a charitable donation back as a tax-refund?

  Written by Marc   Posted 5 January 2015

I understand that I can claim deductions for charitable donations to a registered PBO (with a section 18A certificate) up to 10% of my taxable income. I am wondering whether I will receive the full value of my donation back with my tax refund or only a portion of it. I like the idea of donating up to 10% of my taxable income, as I will have a say in where it goes. However, this will be a sizeable portion of my income and can only do this if I'm sure of receiving the income back in my tax refund.

Medical Expenses when not belonging to a medical aid?

  Written by Marc   Posted 5 January 2015

I am on my wife's medical aid. June' 14 our funds in our medical savings account ran out. Since then I have been paying cash for prescription medication and various tests, etc. Can I claim the out of pocket medical expenses from SARS as it amounts to almost R 18k.

How can one claim a software subscription service from SARS?

  Written by Marc   Posted 23 December 2014

How can one claim a software subscription service from SARS? More software companies are converting to software subscription services (either monthly or annually) instead of the traditional initial large amount.

Tax Refund Calculator?

  Written by Marc   Posted 22 December 2014

The calculator....."Work out salary tax (PAYE), UIF, taxable income and what tax rates you will pay"...does not include interest (local foreign), dividends (local foreign), rent, "other" income...

Can I still claim my taxes this year?

  Written by Marc   Posted 22 December 2014

Can I still claim for my taxes this year and what is needed?

Tax Return Calculations

  Written by Marc   Posted 22 December 2014

If I make use of TaxTim, do I get to see my completed tax return before TaxTim files it? Do I get to see the calculations before filing?

If you're audited, papers are submitted how long before you receive the money from SARS?

  Written by Marc   Posted 19 December 2014

eFiling for tax has been done end of November 2014. It's been chosen for audit and the papers were submitted. How long before you receive the money?

Are SARS going to lock me up?

  Written by Marc   Posted 17 December 2014

What happens if SARS obtained a court order against you and you did not know?

SARS delay in refunding?

  Written by Marc   Posted 17 December 2014

Hi Tim..I submitted my outstanding returns for 2012 on the 02 Dec and 2013 on the 09th Dec. The first one was selected for verification/audit and I submitted the supporting doc on the 3rd, there was a refund due of r971. The second one reflected a refund due to me of r13k, and was not selected for audit as per the notice that is viewable on efiling. I tried calling the contact centre but its a a nightmare to get through. I decided to send a request via email all I needed to know is when the ...

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No refund after 90 DAYS

  Written by Marc   Posted 16 December 2014

Hi there,

I filed my return in September and was asked to submit supporting documents. I did this and received a completion letter. Then I was told my refund is under review and to wait thirty to sixty days. This period has now passed and the matter was escalated two weeks ago...I was told that I would receive feedback within 5 days. Yet...still no refund or feedback. So frustrating speaking to the call centre consultants...They give conflicting information and no one can tell me why SARS is not paying my refund. It's been 3 months......

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