Is the tax deduction correct acording to my salary scale

  Written by Marc   Posted 23 June 2015

I earn 29736. 00 as a gross salary. My company deducted 5966. 21for tax including overtime which is 12 hours at 1688. 94 allowances are tea premium 51. 20, telephone 166. 50, standby 3015, housing 3785, is the tax deducted correct?

How does it work wit the SARS number?

  Written by Marc   Posted 23 June 2015

I would like to know how I go about this I am a foreigner wit all necessary documents am staying legally in south Africa I started to do freelancing of short stories to magazines, now they say I mus have a SARS number so they can pay me,and I wanna know if I should open another acc as e one for nedbank is where my salary gets deposited every month so if I use that same acc wont they be deducting my salary from my permanent job wen its in my account because I do freelancing part time if I qualif...

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Benefits tax - am I a normal taxpayer?

  Written by Marc   Posted 23 June 2015

Good day, I am on a government contract and don't pay any pension fund and medical aid. I only pay UIF and PAYE. Do I fall under the same tax bracket as a permanent employee? Will I maybe get a tax return because I don't have the abovementioned benefits

Percentages medical aid which gets me refund from SARS?

  Written by Marc   Posted 23 June 2015

GOOD day please explain which percentage I will get back say for instance they indicate a amount of R5000 not covered by medical aid.

Tax on Fixed Deposits

  Written by Marc   Posted 23 June 2015

I am currently saving for a house, so I am investing in a 3 month Fixed Deposit (I want to avoid equity risk for now). I earn approximately 6% pa. What is the limit of Interest Earn that is exempt from tax? If I change the investment term to 1 year, starting 01 June 2015, the investment matures on the 01 June 2016. Do I pay tax on these returns in the 2015 tax year?

Employee PAYE implications for car repayments on company cars?

  Written by Marc   Posted 23 June 2015

I pay R3700 as a car repayment for one of my employees. Is this full payment part of his salary, or should I only allocate a portion? It seems unfair that he takes the entire amount into his salary and therefore incurs a higher PAYE, when the car remains my property.

Do I need to quit my job in the private sector in order to get money from SARS ?

  Written by Marc   Posted 23 June 2015

Good day , I'm working for a private sector, my problem is that we're never been given IRP5 since I started working. I'm being told that ill only get it when I Quite my Job. What must I do to get my IRP5 without losing my job ?

Is it possible to be an independent contractor to a company where I am also a director?

  Written by Marc   Posted 23 June 2015

Is it possible to be an independent contractor for a small SA business at the same time as being listed as a director for that same company? I contract my services to a private SA company which 100% owned by a London business. The SA company has no full time staff and contracts work out to highly skilled consultants on a job by job basis in order to complete the work. The reason the company has no full time staff is that it operates in a niche market where work is not always regular. I conduct ...

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PAYE IS IT A PERCENTAGE OF YOUR SALARY , WHERE CAN I find indication to calculate PAYE

  Written by Marc   Posted 23 June 2015

How do I calculate PAYE ON MY SALARY

Logbook -what records do I need to keep?

  Written by Marc   Posted 23 June 2015

For the logbook do I have to record all my starts and stops during the day at the different clients or the total of my travels during the day?

What is my PAYE per month?

  Written by Marc   Posted 23 June 2015

I get 7020 rand a month! Do I have to pay tax?

Tax residency

  Written by Marc   Posted 23 June 2015

In answer to a question I asked a few months ago regarding tax residency, you told me if I was relocating to RSA that I could delay becoming a tax resident of RSA for something like five years. I have permanent residency. Could you direct me to the relevant SARS literature. Thanks

Peter

eFiling login details

  Written by Marc   Posted 23 June 2015

My accountant has passed away and I now want to take over my tax returns. How do I access my eFiling site if I don't have the login details.

Resident-Non resident

  Written by Marc   Posted 23 June 2015

Hi, South African passport holders who stays in Mauritius but will be going back to SA after nearly 5 yrs. At the moment they are considered non-residents as they are in Mauritius for a period of more than 60days in a period of 6 months and they have not stayed in SA for more than 91days in a row in a tax year. After how many months in SA will they be considered back as resident? And if they will start earning their salary in SA, do they pay tax from the beginning or after a period of time. Than...

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Do I need to pay tax to SARS when working abroad without having emigrated?

  Written by Marc   Posted 23 June 2015

Hi there. If I move to Dubai, and earn a salary there for a couple of years, do I owe SARS tax money?

Am I have to pay tax if my gross income is R6 300pm?

  Written by Marc   Posted 23 June 2015

I am earning R 6 300pm before deduction, now my question is, am I have to pay tax?

Interest on debt with SARS?

  Written by Marc   Posted 23 June 2015

If I owe Money to SARS. How do SARS calculate the interest on the money that I owe to SARS

RA transferr versus taxable income

  Written by Marc   Posted 23 June 2015

Hi Tim,

Last year up to July I was paying into an RA with Provider A. I then transferred this to another RA provider B. An amount of R109k was transferred to the new RA after a few deductions. I received a tax doc from Provider A for my contributions up to July. I also received a tax doc for my contributions from new Provider B. However I have just received a tax doc from Provider A stipulating the amount paid out (R109k) and logged against code 3698. This looks like I earned this am...

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Change of jobs - how does this affect my tax?

  Written by Marc   Posted 23 June 2015

I changed jobs during the tax year. Will this affect my tax return submissions? I resigned from a permanent position where I was only taxed UIF and I temped at a place for 4 months where UIF and PAYE was deducted. My salary also increased at temp job.

How does the primary residence exclusion work when there is joint ownership?

  Written by Marc   Posted 23 June 2015

When a house is owned jointly by two people and they sell it, how does the $1. 5 million primary residence exclusion work? Say the house is worth R3 million when they bought it and they sell it for R6 million -- then how much capital gains tax will they pay?

Help with tax calculation a and audit of my business

  Written by Marc   Posted 23 June 2015

Business account tax is what I need help with. I have approached two guyz already, the second one can't gain excess into the sARS account as the first person has not allowed him on the system. I am frustrated. Will you at least audit my books

Why tax should be done?

  Written by Marc   Posted 23 June 2015

I've just started my first official Job last month. What do I need to do to prep for my next tax return. How does it work and what is the benefits? Im CLUELESS

Are legal fees when you buy a house deductible?

  Written by Marc   Posted 23 June 2015

I bought a house and obviously had to pay lawyers fees (2 sets) to do the transfer, etc. Can I include this as a deduction in my tax return?

Back pays get taxed?

  Written by Marc   Posted 23 June 2015

Hi TT. I have been working for 3month. Month later they suspend. Me

With fully paid. And benefits. They didn't pay so I took them to
CCMA. I won the case. They agreed to pay me
My back pay of R4500. 00 instead of paying it
In they gave me R3300. 00 and say I got taxed is it
Possible?

How much percentage tax should I pay if i'm getting paid R141 000 pension fund money?

  Written by Marc   Posted 23 June 2015

How much tax should I be paying if i'm resigning and getting pension fund money of R141 000?
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