How to input a donation on eFiling?

  Written by Marc   Posted 20 November 2014

I made a Section 18A donation. There is nowhere to input it on my eFiling. How do I enter and what is the source code?

where to fill in the primary rebate amount on the 2014 tax return form?

  Written by Marc   Posted 20 November 2014

Where do I fill in the primary rebate amount on the 2014 tax return form, for PAYE tax payers?

travel claims on fixed & commission income

  Written by Marc   Posted 20 November 2014

I work for a company that pays me a fixed salary but also pays commission on extra work I bring in.
They do not pay me for any travel at all,. Can I claim work related travel on my tax return?

How do I know whether to deduct wear and tear or lease payments on travel claim against allowance

  Written by Marc   Posted 20 November 2014

I receive a vehicle allowance and use a hired purchased vehicle for business use and need to know how to choose between depreciation (wear & tear) or lease payment on Travel Claim Against Allowance.

I guess what I'm asking is whether SARS sees a hired purchase payment the same as a lease agreement payment.

May I choose between the greater of the two?

Tax exemption on foreign employment income?

  Written by Marc   Posted 20 November 2014

I own a consulting company and have been contracted to do work oversees.
I expect to be out of the country for more than 183 days including a period exceeding
60 consecutive days.

I believe I am eligible for the tax exemption on my income for the period.
However I am unsure if I am defined as an independent contractor?
I pay myself a monthly salary from the company and therefore I believe I should
be regarded as an employee and not an independent contractor.
...

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take home salary R4650 do I need topay?

  Written by Marc   Posted 20 November 2014

my salary is R5000 and R4650 after deduction,do I need to pay tax?

Will I get a refund in november wrt my medical aid?

  Written by Marc   Posted 20 November 2014

for the last 2 years I received a refund from SARS re: Medical Aid in Novemberwill I get one this year?

Can I claim depreciation on my vehicle

  Written by Marc   Posted 20 November 2014

Depriciation on my vehicle

Declaring Subsistence Allowance

  Written by Marc   Posted 20 November 2014

My IRP5 does not have a code for the subsistence allowance I got when travelling oversees.I did not use all of the allowance I was given while on the trip and was told I could keep it.How do I declare this in my income tax return?

Business Training Costs for Commission Earners

  Written by Marc   Posted 19 November 2014

Hi Tim - Thanks as always for an excellent service - I have been using TaxTim for about two years now.

My Question is regarding business seminars and training courses to further your working skillset. For instance I went on a sales training seminar voluntarily. I work as a commission-based sales executive. Can I claim the cost of this course back from SARS?

Is claiming for my old aged dependent mother allowed from SARS?

  Written by Marc   Posted 19 November 2014

I pay for medical aid for my mum , she collects government pension and Is otherwise dependent on me , she lives with me too . Can I claim from SARS for medical aid contributions and amounts not recovered from medical aid for tax period 1 March 2013 to 28 Feb 2014

Medical aid section of the return?

  Written by Marc   Posted 19 November 2014

On the medical aid section of the Tax return there is a section that says feb, march april, may ext and how many members.

Is this the memders tha is covered or the claimed that months

Thanks
Craig

Omitted to declare something on my return to SARS, now what?

  Written by Marc   Posted 19 November 2014

My husband's tax consultants are busy completing his 2013 return. He was giving details about the sale of our old citi Golf for which we got R18 000. I suddenly remembered that that car is actually in my name not his. I've already been assessed for my 2014 return with no questions asked. I didn't have to pay anything nor get any refund. (Even if I had added this amount to my Capital Gains from an investment I have, it would still be way below requiring me to pay any tax on it. What should ...

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Claiming deductions for business expenses working as an independent contractor for a foreign company

  Written by Marc   Posted 19 November 2014

I work as an independent contractor for a company based in San Francisco, USA from my home office in Cape Town. Each month I invoice them for the number of hours worked and they pay in USD and I handle the forex to convert that to Rands.

I have some expenses directly incurred in generating this income (telecoms costs, software licenses, computer equipment depreciation and a portion of my electricity and rent for the home office, etc). I don't have an IRP5 from them since I'm not an employee and they aren't a South African company...

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Tax refund query - Maternity

  Written by Marc   Posted 19 November 2014

I had to pay back my salary that was paid while on maternity leave (due to resigning). Can I claim back from Sars? I did not receive any money from UIF.

Medical plan contribution?

  Written by Marc   Posted 19 November 2014

I make a medical plan contribution of R850.00 each month. this amount includes the employers' contribution. The contributions are kept in a separate bank account and not controlled/managed by organisations like Discovery Life etc, therefore I cannot provide a tax certificate for this medical plan. What should I do in this case?

Maximum amount under code 3703

  Written by Marc   Posted 19 November 2014

My company reimbursed me an amount of over R50k on code 3703 (non-taxable reimbursement) for fuel used during the tax year. SARS then moved the full amount to code 3702 (taxable reimbursement) saying that this amount exceeded the max allowable for code 3703 which is R25920 (8000km x R 3.24). They now want me to pay more than R15k in additional taxes. They asked me now to provide an amended IRP5 showing not more that R25920 under code 3702 which I have requested from my employer. Is there anythi...

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I only earned interest R342K pa what will my tax liability be?

  Written by Marc   Posted 19 November 2014

I only earned interest R342K pa what will my tax liability be?

Why do I not get more back from SARS?

  Written by Marc   Posted 18 November 2014

What does it mean if for the last 3 years I've gotten R0.00, -R0.26 and -R0.33 as a refund?
Most of the people I've spoken to say that I should be getting something substantial back from SARS.

I do have code 4018 but im prompt that I DO NOT have it, what now?????

  Written by Marc   Posted 18 November 2014

Please make the below changes before continuing:

You can't enter income protection as a deduction if your IRP5 deductions list doesn't contain source code 4018

MY IRP5 DOES CONTAIN 4018 WHAT NOW???

Want to declare my expenses like medical and get my refund

  Written by Marc   Posted 18 November 2014

Want to declare my expenses like medical and get my refund?

Audit - what does it mean?

  Written by Marc   Posted 18 November 2014

I have submitted my tax return on eFiling and I was selected for an audit, now I see there's a notice stating statement of account tax assessed. Does that mean my audit is completed? If so how long does it take for pay out?

Great website, very informative....

Reistoelaag kodes 3701 & 3702 verskil

  Written by Marc   Posted 18 November 2014

Hallo. Wat is die verskil tussen die reistoelaag kode 3701 & 3702 en wat is die impak daarvan?

Capital Gain Tax for Private Vehicles Used for Business?

  Written by Marc   Posted 18 November 2014

I have a private vehicle which I use for business purposes.
I receive a travel allowance and also claim deductions on my return, based on the business mileage I do on the vehicle.

If I sell this vehicle, would I calculate capital gain/loss on the sale of the asset to input in my tax return?

If a educational service is rendenderd can I claim depreciation on laptop and other expenses?

  Written by Marc   Posted 18 November 2014

I rendered services to a home schooling business by draw up exam papers for them and receives the money by electronic payment. No tax is deducted by them because I am not on their payroll. Can I deduct depreciation on my computer. Can I claim any other expenses like internet service, printing. Can I claim a home office?
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