I do not have a credit card or cheque account, only a debit card or direct deposit for Taxtim

  Written by Marc   Posted 19 April 2013

Tim I would like to use you, but do not have a credit card or cheque account only a debit card. How can I pay you?

SARS does not want to take an IRP5 into account for my business, what next?

  Written by Marc   Posted 18 April 2013

This was all for the 2008 tax year.
Income tax return was submitted on 28 / 02 /2009.
Assessment notice issued on 11 / 03 /2009.
Amount owing R147 666.
But an IRP5 was also issued for 2008, tax deducted: R241 340. That meant that SARS owed R93 674.
But the assessment was paid in full in December 2012.

That means that SARS still has not taken the IRP5 into account.

An objection was done on 31 / 03 / 2009 on eFiling. But SARS said that they do not have proof of this objection as at that time no objections could be done on eFiling....

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PAYE tax: when to pay and how much?

  Written by Marc   Posted 16 April 2013

I work on a contract basis(Service Level Agreement) for a company, I only do contract work for them and no other company. I get paid per service rendered and working hours are anything from 6 to 14 hours a day, 5 to 6 days a week. My salary differ each month ranging from R14 000 to R35 000. They do not supply pension, medical fund, travel allowance or fuel. All expenses are for my own account.(Study fees, professional body registration fees included) The company know wants to register for PAYE a...

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What is the % rate for a temp employee earning monthly salary of R7371?

  Written by Marc   Posted 16 April 2013

They tax me at 25% on my monthly income, is that right?

How much of medical expenses not covered by medical aid do you get back?

  Written by Marc   Posted 15 April 2013

I am a salaried employee and have out of pocked medical expenses, what can I claim for tax purposes?

Will negative cashflow property reduce my taxable income?

  Written by Marc   Posted 12 April 2013

I own an investment flat that currently provides a negative cash flow. I am employed and pay quite a bit of tax with very little deductions. Can I offset any amount "lost" on the property against my taxable income and so reduce tax payable to SARS legitimately?

What is the difference between a personal service provider and an independent contractor?

  Written by Marc   Posted 9 April 2013

What is the difference between a personal service provider and an independent contractor?

When will I get my IRP5 form for 2013 from my employer?

  Written by Marc   Posted 9 April 2013

Would like to submit with SARS for refund.

I started to pay off my study loan and would like to know if that is Tax deductable?

  Written by Marc   Posted 3 April 2013

What code do your fill in on the tax form when filing my tax online.

What other medical expenses can I claim from SARS?

  Written by Marc   Posted 31 March 2013

Hi I have medical aid, due to the dr asking private rates I had to pay the dr for every visit an extra R100, I had several visits and now the dr has to do a procedure and I have to pay in an aditional amount can I claim back the money from SARS?

What do I do if my refund was paid into the wrong bank account?

  Written by Marc   Posted 27 March 2013

I have an employee who submitted their return through a practitioner and asked him to change banking details as the details on the IRP5 were incorrect, they were for another employee. However the return was paid into the other employees account, is there anyway of rectifying this and don't SARS verify banking details? The names are completely different surely the bank wouldn't accept? I would really appreciate your assistance.

Application for registration as an employer, how does one do it?

  Written by Marc   Posted 27 March 2013

When completing the application as employer form [EMP101e], can the completed form plus other associated documents ne mailed to my closest SARS office...or do I have to take the docs in to their office in person?

How do I correct a mistake that I have made on my tax return that resulted in a penalty by SARS?

  Written by Marc   Posted 22 March 2013

I submitted my tax return for the 2012/13 financial year. I was requested to submit supporting documents, which I did. I was informed that I owe a sum of +-R16200 to SARS. It transpired that when I declared my medical expenses I included "cents" on my return. As a result of this I was penalised a sum of +-R162000 which I feel is unfair and unreasonable. How do I correct this?

Can I still get a tax rebate for 2011 -2012 tax year?

  Written by Marc   Posted 22 March 2013

my irp5 has the following figures R76545 GROSS SALARY - and R5319 TOTAL DEDUCTIONS(included UIF, SDL,) WILL I GET A TAX REFUND

Provisonal Tax

  Written by Marc   Posted 17 March 2013

Good morning From the 2nd of may I will be retired and will only earn income by way of 2 pension pay-outs from different employers. Must I register to become a provisional tax payer.

Tax audit for the year before we bought the company?

  Written by Marc   Posted 14 March 2013

SARS wants to audit a company that we bought 3 years ago. But the audit is for the year BEFORE the sale. The sale was "voetstoots", and the previous owner says they have nothing to do with the audit - they say we have to figure it out from the (incomplete) historical tax documents we were given when we bought the company. Is this true?

Depreciation on cars, how does it work?

  Written by Marc   Posted 12 March 2013

Your depreciation calculator - is it up to date in terms of percentages allowed etc?

Second question - I am a sole prop. I know that I can deduct business expenses (not permanently employed), but I am not sure about the installment that I pay for the vehicle (HP). Can I deduct for tax purposes since I use the car for business.

Last question - if the above deduction is allowed, can I also add depreciation of the vehicle to the 'basket' or is it a matter of either or?
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What are the other ways I can pay SARS?

  Written by Marc   Posted 12 March 2013

Hi, I am not using eFiling - are there any other ways to make payment of my tax? I heard from my neighbour that you can take cash into a SARS branch or EFT them - are these options?Thanks!

Just want to confirm how to dispute SARS denying the wear and tear allowance on my laptop?

  Written by Marc   Posted 12 March 2013

SARS denied the wear and tear claim according sec 11 e for the laptop I had to buy myself and use at work 100% of the time, they said its denied according to sec 23m, but I'm sure that was incorrectly interpreted because it says except for..... and then refers to sec 11e?!

So do I contact them and say go study a bit and make sure of your facts or how do I go about this? Dispute and add sec 23 for them?

I am employed as a temp but have started another side income. how much tax?

  Written by Marc   Posted 10 March 2013

My income after my UIF and tax is R7 950. And any over time I work is taxed per hour. Last month my nett was R11 200.

I also sell corals to pet shops that I grow out at home. Some months I make R0 and other R5000-R8000 after costs like electricity and material.

Now the pet shops have now asked if I can give them some type of paper work for them to keep records for tax ect.

What should I do to help with tax payment? Have a different account just for the side income? How much tax would I pay if I get paid in cash but still have to give the pet shop a paper work that could be traced back to me? ...

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What documentation must a company give a shareholder regarding a dividend received?

  Written by Marc   Posted 7 March 2013

What documentation must a company give a shareholder regarding a dividend received in order to complete my tax return?

Tax return sms for a year, but I haven't even been working?

  Written by Marc   Posted 5 March 2013

Hi I received a message from SARS saying,"Thank you for filing your 2009 tax return Assessment Result: R-840 Account Balance: R-840 Selected for Audit: No" I'm confused as to what the R-840 means as I am not sure wether that means I owe them or if they're refunding me

What are the benefits of non residents for taxable income in South Africa?

  Written by Marc   Posted 1 March 2013

I am living overseas for the past ten years and have visited South Africa occasionally for not more that 3 weeks per annum. I earn interest (R24500); dividends from private companies (R65000); retirement annuity income (R17500) amounting to approximately R110K per annum. I am paying taxes as a resident. What will my taxes be like if I were to be taxed as a non resident. Will I still be entitled to the rebates. I am 62 years old and am married in community of property. I will appreciate a hypot...

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I am subcontracting for a company, but need tax help please?

  Written by Marc   Posted 28 February 2013

I subcontract for a company, but have not registered yet as a business and they will be taking 33% off my pay. The problem is I have 2 guys working for me as well. How can I sort this out quickly without having to lose out.

Is my monthly tithe to my church an allowable deduction for tax purposes?

  Written by Marc   Posted 27 February 2013

Is my monthly tithe to my church an allowable deduction for tax purposes?, if not what donations are allowable for tax purposes?
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