When should I register as provisional taxpayer from?

  Written by Marc   Posted 23 June 2014

I'm starting contract work on 1 July 2014 (payable by client in first week of August), in addition to salaried work. If I register as provisional taxpayer in July or August, would I still have to submit my first return this August, or should I wait until after Aug to actually register? I'm concerned that projected earnings to Feb15 will inflate what I'd need to pay in August, considering I wouldn't have earned it yet to keep the extra tax aside?

I work in sales, can I claim for my laptop and tablet which is used for work purposes?

  Written by Marc   Posted 23 June 2014

I work in sales, can I claim for my laptop and tablet which is used for work purposes?

Will I get money from SARS?

  Written by Marc   Posted 22 June 2014

Do petrol attendant also get refunds from SARS after being dismissed by their former employers?

What happens if a taxpayer passes away?

  Written by Marc   Posted 21 June 2014

What if one passed away can anyone on your family can claim your tax?

Wife's medical aid - do I get a deduction

  Written by Marc   Posted 20 June 2014

Will I be able to claim a tax deduction for myself if I am on my wife's medical aid? It costs more to join a medical aid on my own, rather than to join as a dependent, and I would like to know what the tax benefit is.In previous examples, you stated that each member can get a R230 per month tax credit - has this changed?We both earn salaries in excess of R30K per month

I want to know about tax certificates?

  Written by Marc   Posted 18 June 2014

Do you claim when you get a text certificate form your Medical Aid or what?

What is the entertainment expense deduction limit per year?

  Written by Marc   Posted 13 June 2014

Hi Tax Tim
I am helping a small contractor with his books and I would like to know how much he can claim for entertainment expenses? Is there a limit per year? Also assisting my local church and have the same query for their entertainment expenses?

SARS Income Tax Refund Calculator

  Written by Marc   Posted 12 June 2014

How accurate is your Refund Calculator?

Also how much will you charge me to submit me 2014 return?

I like to know is it money I owe SARS or what?

  Written by Marc   Posted 12 June 2014

Can u please explain to me what is meant by the term Taxable Income?

Tax enquiry regarding deductions and insurance payouts?

  Written by Marc   Posted 6 June 2014

A client has broken his fingers and cannot perform his work commitments as a personal trainer and actor. He is trading as a sole proprietor. First question is, will he be taxed on his payout for impaired benefits from his insurance company? Secondly, what supporting documents need to be submitted to the insurance company for this payout? Thirdly, what expenses can be deducted from a client who is either a model/actor that is paid via an agent?

Can a former student reclaim tax paid while working as a student?

  Written by Marc   Posted 6 June 2014

When I was a student, I worked for a corporate (twice - 2012/2013, and 2013/2014) and paid SARS income tax on the money I earned. Can I reclaim this money?I do not have the pay slip, but I do have the IRP5 forms. Even though it is about 24 months later, can I still reclaim it? Are students required to pay tax?

What is a 'Tax Return' and who has to fill it in?

  Written by Marc   Posted 6 June 2014

What is a 'Tax Return' and who has to fill it in?

How do you know if you have tax returns?

  Written by Marc   Posted 5 June 2014

Who qualifies to get tax returns and how will you know if you have tax return? how to check if you have tax returns?

Yearly PAYE Total

  Written by Marc   Posted 4 June 2014

How do you calculate how much PAYE tax you are suppose to pay for the year? I looked at SARS tax tables and it is very confusing as there is rebates etc

What do I do if I don't have a tax reference number but have been working for a few years?

  Written by Marc   Posted 4 June 2014

What do I do if I don't have a tax reference number but have been working for a few years?
The company I was first employed to took my documents to register at SARS, however I left a little while after that. Now at my new employer, 2 years later, I notice that my tax number is missing from my IRP5.
It seems I have not been registered. I have not filed taxes since then however I am on PAYE and tax is deducted monthly.
Am I in big trouble?

WHY DO SARS SAY...COMMISSION EXPENSES DISALLOWED-SECTION 23(M) ACT 58 1962 AS AMENDED

  Written by Marc   Posted 2 June 2014

WHAT DO IT MEAN WHEN SARS SEND YOU NOTICE THAT... COMMISSION EXPENSES DISALLOWED SECTION 23(M) OF INCOME TAX. ACT 58 OF 1962 as AMENDED?
THE ONUS WAS NOT DISCHARGED TO PROVE THAT COMMISSION WAS INDEED MORE THAN 50% OF GROSS REMUNERATION

ACCORDING TO MY PAYSLIPS MY COMMISSION IS MORE THAN 50% OF SALARY

Unemployed with no irp5 how do I claim tax?

  Written by Marc   Posted 1 June 2014

I have resigned from my company in December 2013, so I have paid tax on my income for a good couple months. I am still presently unemployed, how do I claim tax reason being no IRP5 etc?

What is a foreign tax credit?

  Written by Marc   Posted 30 May 2014

What is a foreign tax credit?

Deductions on Section 18A donations

  Written by Marc   Posted 30 May 2014

What is the total deduction you can claim (as a % of your taxable income) for Section 18A donations?

Tax benefit for medical aid paid by employer vs employee

  Written by Marc   Posted 29 May 2014

I moved over from a permanent contract to a fixed contract with my current employer. This also resulted in a higher salary.

My previous contract included R800 contribution to medical aid out of R1084. I paid the balance through deduction on my salary. (personal expenses as they call it)

I now have to pay the full R1084 myself, but the company still pays it to the medical aid and deducts it of my salary monthly.

Is there any advantage of rather having it paid by ...

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What is medical tax credit and how does it work?

  Written by Marc   Posted 29 May 2014

What is medical tax credit and how does it work?

What is tax rebate?

  Written by Marc   Posted 29 May 2014

What is tax rebate?

Office space in a bond free home?

  Written by Marc   Posted 26 May 2014

I work from home in an office entirely devoted to work. Our bond is fully paid up. How do I claim deductions for this space if I am not paying off a bond?

Tax on project bonus?

  Written by Marc   Posted 26 May 2014

If I my gross salary is R22 000 and my employer pay me R10 000 as a project bonus then how do they calculate my tax? I've been liable for R 3,421.27 on my salary before they paid me that project bonus. Now they deducted R 5,986.79. is that correct? Can you please tell me how do they calculate it? Are there separate tax rates on salary and project bonus or the calculate it like a person with R32 000 salary per month?

Will I receive my tax refund?

  Written by Marc   Posted 26 May 2014

Hi Tim.
If one of my tax returns says that I'm not up for audit and SARS owes me and the other says I'm up for audit and SARS still owes me. Will I receive the amount owed to me for the return I'm not audited for?
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