What is the 12 month period to be exempt form income tax?

  Written by Marc   Posted 3 November 2014

From when is the 12 month period you must be out of SA to be exempt from SA income tax?

How will I be taxed as a freelancer on retainer?

  Written by Marc   Posted 3 November 2014

Hi there!

I am currently full-time employed as an editor, but would like to go freelance next year. I am busy putting a proposal together to encourage my current employer to keep me on retainer for a portion of my current duties, for a portion of my current salary from January 2015, so that I can at least be guaranteed a basic salary for the first year or so of being a freelancer while building up a client base.

As far as tax goes, my understanding was that the burden was on freelancers to submit quarterly or annual tax returns, and that employers using freelancers were not necessarily obligated to deduct tax on their fees...

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Do I need to pay tax for a 6 month contract?

  Written by Marc   Posted 3 November 2014

I have a contract with a rugby union for 6 month R10 000 pm total is R60 000 for the 6 months. Do I need to pay tax?

Can I claim expenses in the current tax year for prior year expenses?

  Written by Marc   Posted 31 October 2014

I am a provisional tax payer. My 2013 tax year has been assessed and finalized.
Can I claim business expenses in my 2014 tax year, that were incurred in the 2013 tax year but not claimed?

Incorrect travel reimbursement code on late tax submission which results in taxable income?

  Written by Marc   Posted 31 October 2014

I recently completed my 2014 tax return and was due a refund. Shortly after I was asked to complete my previous year return. I haven't done it as I was under the impression that I was under the tax threshold (below 250k). Whilst doing the return I noticed my previous employer incorrectly included my travel reimbursement under the wrong code per IRP5 ( they included as non taxable where as it was actually taxable as it was over 8000 km)
As a result I have a large amount now owing to SARS.
Is there any way for me to deduct actual costs for this if I don't have a log book? I do have a basic summary for the bulk of the expense which I presented to the employer for reimbursement....

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How much is my tax refund this year?

  Written by Marc   Posted 30 October 2014

I would like to know what my possible refund could be?

Must all employees pay deductions

  Written by Marc   Posted 30 October 2014

Do fixed term contract workers also pay U.I.F and PAYE

Can South Africans work tax free in South/ Central America ? Or is this only applicable to the Gulf.

  Written by Marc   Posted 29 October 2014

Tim, I am an engineer and I want to take my family to South/ Central America and go work there for a few years for an international company. The aim is to make as much money as possible. Would I have to pay tax in any of the countries in South/ Central America ? I did something similar working in the gulf and didn't have to pay tax at all as I was out of South Africa for 15 months. That was 10yrs ago. Would the same hold for all countries in South/ Central America or does it depend on the specif...

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Both questions above are short one sentence each

  Written by Marc   Posted 29 October 2014

1) when is the due date for 2014 returns2) Are my donations to my church deductable

Would I qualify for a Tax Refund if I earn R7000 a month before deductions?

  Written by Marc   Posted 29 October 2014

I currently earn a salary of R7000 p.m before deductions. R199.50 is deducted every month for PAYE Tax and R70.00 for UIF.

Do I need to fill in a Tax Return form and would I qualify for any refund. I do not have any Medical Aid or Pension Fund,etc.

I'm not very clued up on all these things.

Your help would be greatly appreciated:-)

I have earned R130K, mostly contract work, no irp5. How much do I keep to pay tax, do I file?

  Written by Marc   Posted 29 October 2014

I have not been filing due to unemployemnt. But this year I have a very small job that will pay out about R30K and I recieve money for contract work to the tune of R100K 1) How much money should I keep aside for tax (approximately)2) Should I file a tax return. (I usually efile.)Thank you so much for your answer in anticipation.

how to claim previous year unpaid returns?

  Written by Marc   Posted 28 October 2014

I went to sars to submit returns for 2013 and this year and I was told that in 2013 I was over taxed so now I want to know how do I claim my previous year unpaid returns from sars?

Additional Income - is it taxable?

  Written by Marc   Posted 28 October 2014

I currently earn R12650 R1391.50 shift allowance per month through my company. I will be getting an additional income R8085 from next month separate to my employer.
1. Do I need to declare this additional income?
2. Will this push me into the next tax bracket and what will be my tax amount?
3. How best can take advantage of any tax benefits for this additional income?

If I earned only 55.000 Rand for the whole year through freelance activities, will I have to pay tax

  Written by Marc   Posted 27 October 2014

I understand that the tax threshold in 2014 is 70700 Rand. In the financial year 2013/2014 I have earned only 55.000 Rand through freelance activities with different companies (I am a student). So my question is, will I have to try to bring the taxable income even more down (e.g. through claiming business expenses, medical expenses etc.) or do I need not bother as I am anyway below the threshold?

Am I being double taxed?

  Written by Marc   Posted 23 October 2014

My company maternity policy states they will only pay me 50% of my basic salary while on leave, lets say R10. They paid me in full but if I leave I have to pay the 50% back that I was not entitled to. When they paid me in full I received my salary after tax, let's say R8. Now that I resigned they want the balance of the 50% paid back to them before tax earning. Is this double taxation as I earned after tax but must pay back pre- tax? I think I should pay them R4 back but they want R5 I.e...

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Tax if working in Angola?

  Written by Marc   Posted 23 October 2014

My husband is working in Angola since September 2013, do we need to fill his tax? He paid tax previously and was working in SA from March 2013 - June 2013? Do we only fill tax for the 4 Months?

Tax rebate for working out of South Africa but paid in South Africa

  Written by Marc   Posted 22 October 2014

I work overseas , for about 8 months of the year, sometimes 2 months at a time. I am paid by a South African company in Rands into a South African bank account. Is there a tax rebate for this?

HOW WILL I REFUND EXCESS UIF CONTRIBUTIONS

  Written by Marc   Posted 22 October 2014

I HOLD TWO JOBS IN DIFFERENT COMPANIES, BOTH CONTRIBUTE TO UIF, WILL THE EXCESS CONTRIBUTIONS TO UIF BE REFUNDED ON MY TAX RETURNS?

Is it possible to be taxed 25% of your total income working part time?

  Written by Marc   Posted 21 October 2014

I would like to know if I am getting paid R5000 a month and I am working 15 hours a week which totals to 60 hours a month therefore how must should I be taxed by the company I am working for?

How can I get my UIF?

  Written by Marc   Posted 21 October 2014

How can I get my UIF?

Are dependants on someone else's medical aid allowed to claim out of pocket medical expenses?

  Written by Marc   Posted 20 October 2014

Are dependents, on someone else's medical aid, allowed to claim out of pocket medical expenses from SARS, because the medical aid was depleted early in the year?

Hi TaxTim just one question how long does a refund take

  Written by Marc   Posted 20 October 2014

Hi TaxTim just one question how long does a refund take I did eFiling on 23/09/2014 and gave supporting documents and still no word from SARS (20/10/2014)?

Do I get a Tax Refund if I change jobs?

  Written by Marc   Posted 17 October 2014

I heard somewhere that if I changed jobs this year or worked for less than 12 months then I might get a tax refund back from SARS.

Is this true? If so, can you explain why?

Travel allowance?

  Written by Marc   Posted 16 October 2014

If you have a travel remibursement recorded under code 3702 by your employee do you record that as a travel allowance?

My spouse and 2 sons are at university, can I claim for student fees?

  Written by Marc   Posted 16 October 2014

My spouse and 2 sons are at university, can I claim for student fees?
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