Training debt

Written by Evan
Posted 1 September 2015
Hi Tim. I was given functional training by the govt to the tune of R1,2 mil. In return I had to work it back over 13 years as part of the training bond. I left with 4 years to go. I now owe R350k. I will attempt to pay it back in lump sum as the interest they are charging is at prime. When I pay back the money via EFT is this tax deductible?
I owe SARS money, will it be deducted from my pension fund?

Written by Evan
Posted 1 September 2015
I owe SARS - R18,000. My pension will be paying out soon, will they automatically deduct this from my pension or must I first pay this amount?
How to submit an older tax return than the year you are in via eFiling

Written by Marc
Posted 31 August 2015
I have filed my 2015 Tax tax return. Now SARS wants me to submit my 2011 Tax tax return via SARS eFiling. I have the 2011 IRP5, but I don't know where to find the IRT3(a)
please help. How do I get the form on my profile to fill in.
Forced to register with SARS.

Written by Marc
Posted 31 August 2015
What if I was registered to pay tax without my acknowledgement?
TAX Penalties

Written by Marc
Posted 31 August 2015
I am ready to submit my tax return for 2015. However I see that I had a Positive balance on my tax return, I am told that it means I need to pay SARS, the Value was R 490. 00. How do I know the interest I will charged on this value. No Notification from SARS was received indicating that I owe or that it is owing to them.
Do I submit irp5

Written by Marc
Posted 31 August 2015
I'm no longer working, I was earning R5285 a month
Tax payable or not on donations?

Written by Evan
Posted 31 August 2015
Is there any tax payable for funds (a donation) coming from overseas from my Dad (non-resident) to me in SA?
Can I claim on my tax return for the solution for contact lenses and vitamins?

Written by Evan
Posted 31 August 2015
I have medical aid, and I am wearing contact lenses, can I claim back the cleaning solution for my contact lenses? My medical aid does not pay for vitamins, can I also claim that back?
Divorce settlement

Written by Marc
Posted 30 August 2015
Hi. I am receiving a divorce settlement and I've seen on a previous question that you said it's not taxable, but do I need to declare it somewhere on my tax return?
Should I submit my late husband's IRP5

Written by Marc
Posted 30 August 2015
My husband passed away last year July, he used to work for Fidelity security services. At his work place they sent me his tax certificate (IPR5)should I send it to SARS or what? When does the tax season end?
Tax payment from salary

Written by Marc
Posted 30 August 2015
If I am employed under a sole proprietor, and my salary has not deductions at every "pay-day" (eg. I don't received a salary advice reflecting deductions of PAYE or UIF). Would there be any recourse against me from SARS, is it the responsibility of the company to make the relevant deductions each month and to pay it to SARS?
I am really uncertain about all of these things, as in the past (before my retrenchment period prior to this job), the companies that I worked for did all of thes...
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Can you pay provisional tax once per year?

Written by Marc
Posted 30 August 2015
Can you pay provisional tax just once per year in Feb
Comparatives for tax thresholds

Written by Marc
Posted 30 August 2015
What was the requirement for submitting tax return for the following years. In terms of the threshold. 2011/12
2012/2013
2013/2014
2014/2015 = R350000
Im been audited and I want to know if I can complain to someone

Written by Marc
Posted 30 August 2015
It says I have selected for Audit. For the last 3 years I have been requested to send all my documents through to SARS I have done so I have even fully explained on the IRT12 what other amount I claim each year for my Business Cell Phone Contract which is fully deducted from my payslip, I also keep a log book and my tax Certificates. This year I was only requested to verify Source 4016 which I did I sent all the Company Invoices which has the Cell Number on it and is addressed to the company I w...
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Where to record a donation

Written by Marc
Posted 30 August 2015
Who must record a donation of R100 000? The donor or donee and where on the tax form must it be reflected.
Medical scheme tax credit

Written by Marc
Posted 30 August 2015
Provisional Tax - how to work out the amount for "medical schemes fees tax credit" and "additional medical expenses tax credit". I believe there is a specific formula to use.
Can not afford to pay my tax.

Written by Marc
Posted 30 August 2015
I have to pay capital gains tax of R200000. I can not pay this amount. What must I do?
Will being audited result in my company pension not being payed out

Written by Marc
Posted 30 August 2015
My 2011 and 2012 tax returns were outstanding. I filed them today. I am now being audited. My pension fund is paying out and will only be paid out if tax clearance is given. Will the fact that I am being audited influence my tax clearance?
Are medical insurance premiums deductible?

Written by Marc
Posted 30 August 2015
Are medical insurance premiums deductible? I am an individual who contributes for myself, wife and 2 kids.
How much tax for R41000

Written by Marc
Posted 30 August 2015
How much will be deducted for tax if I claim provident fund for R41000
Can I claim depreciation on a personal vehicle even though I get a travel allowance

Written by Marc
Posted 28 August 2015
I received a travel allowance and have a logbook, can I claim depreciation on my personal vehicle based on percentage of business usage
Are home office refurbishments tax deductible?

Written by Marc
Posted 28 August 2015
I am a sole proprietor of a business and work from a study at home. If I refurbish my study (e. G. Put in fixed cupboards and shelving) with the express purpose of improving my business workspace, is the cost of the refurbishment tax deductible? If so, under what item do I place it? Similarly, if I buy items for my home office (e. G. Office chair), are those tax deductible?
Earning income outside of South Africa.

Written by Marc
Posted 28 August 2015
Hi Tim, Before I start a Tax Return I need to ask a few questions. I currently am working in the UK. I started in July 2014 to date. I submitted a tax return in SA for the 2013/2014 tax year, but my last income was January 2013 (paid tax on a Pension/provident fund early cash out for this period). I keep a current address, and still have a bank account, and assets such as a car, etc in SA. I do not own property. Under what circumstances would I be required to submit a tax return in SA, and if so...
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Do offshore workers pay tax ?

Written by Marc
Posted 28 August 2015
I am working for a UK company in the offshore outside South Africa. I work 6 weeks away then 6 weeks in South Africa. I usually stay out of South Africa for more than 183 days but not 6o days consecutive. Being an offshore worker, am I still liable for paying taxes in South Africa?
Provisional Tax, should I submit?

Written by Marc
Posted 28 August 2015
I get income through three sources:
- Salary
- Rental Income
- Affiliate Advertising Income
This year, I filled in my tax return (using TaxTim) indicating that I am (or should be a provisional taxpayer). However, my rental made a loss after all expenses and my affiliate income was really small for the year (less than R5,000 after expenses). I received the following from SARS in my ITA34 for 2015 tax season:
"According to the information you declared in your income tax return, you were liable to pay provisional tax for this year of assessment...
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