Which is the best way to maximise your return using the travel allowance?

  Written by Marc   Posted 11 March 2014

There are two ways to calculate travel allowance that is deductible. One is where you keep actual expenses and the other is where there is a table of fixed costs, maintenance etc depending on the value of the car. Which can maximise your refund? And can the capital value of the vehicle be deducted or considered besides for the purposes of determining running costs?

tTax on R15 000 and medical aid deduction and pension fund deduction

  Written by Marc   Posted 9 March 2014

Hi, what would my tax be if I earn R15 000 a month, and have pension fund deduction of R700 and and medical aid of R1 500.

I freelance now and again but have a very low monthly income. Do I need to declare & register?

  Written by Marc   Posted 7 March 2014

I love your business model, very innovative.

I have a full time job and started offering to do freelance web designing for people. I have been told some conflicting information about tax, from being taxed 40% on additional income to additional income not being necessary to declare if its non-recurring.

I have a full time job and don't charge much for creating websites and there is the recurring income of web hosting that I charge clients monthly. I probably create a site once a month for about R2000 and hosting comes to a total of R400 a month (for all the sites I host). So additional monthly income is max around R2400 and that is not every month....

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Tax on contract work?

  Written by Marc   Posted 5 March 2014

When working for a company on a month contract, how should the tax deducted from your salary work? Only deduct for the month or work it out for the year?

Started at new company this year (Online company based in Norway) what tax do I pay?

  Written by Marc   Posted 27 February 2014

Up until December 2013 I worked at Incredible Connection. I earned a basic and commission. They always used the PAY-E (Pay as you earn) to pay my tax.

At my new Company, an online company based in Norway, I get paid a salary and commission together in 1 payment. I submit my commission table at the end of the month and I am paid around the 5th-7th of the following month.
My question is:
1) do I need to use an IRP6 now (Provisional) if my only income is via my salary and commission (although it is from a foreign country)? (I earn less than the 250000 per month) average which I think means I don't need an IRP6...

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Have a business of 2+ months old, incurred expenses, want to know if I must register for taxes?

  Written by Marc   Posted 27 February 2014

Good day, I have registered a new business last year December 2013, and want to know if I should register for tax. At this moment I don't earn any income, only had some expenses for my business. Can I register for tax and claim the expenses incurred for the months of December to February?

Can you deduct travel expenses to & from coaching as an independent contractor if you keep a logbook

  Written by Marc   Posted 27 February 2014

If you work 2 jobs - 1 part time with a salary (office job) and the other ad-hoc coaching of sports. Can you deduct travel expenses for the travel to and from the ad-hoc coaching? [I know you can't to and from the work place for the salaried job.]

And what other deductions can you make besides the medical tax credit?

Provisional Tax

  Written by Marc   Posted 26 February 2014

Good day

I am 53 years old and retired. I currently received income from 2 pension funds (only source of income). Must I register for provisional tax.

Returns not requested by SARS do I leave it?

  Written by Marc   Posted 25 February 2014

I submitted all the outstanding returns SARS requested. However, I see SARS did not request returns for 2009 and 2012. I am sure I have never submitted those years. What do I do? Request the returns or wait for SARS to request?

Also, a refund is due to me. But my bank details changed. Do I just upload the new details?

Additional tax claim from 2009 - what to do?

  Written by Marc   Posted 24 February 2014

I heard that we can claim additional tax back from 2009. Do you know if this is true that we paid more PAYE as we suppose to and can claim tax back?

How much will I get from SARS if my income tax is 52 212,00

  Written by Marc   Posted 23 February 2014

How much refund will I get if my tax income is R52 212;00

How do I claim study fees from my employer without being taxed heavily?

  Written by Marc   Posted 23 February 2014

I have a query regarding the payment of exams.
I recently registered and paid via my credit for an expert certification exam costing R20000.
My company agreed to pay half of the amount on condition that I sign a document stating that I will be liable for the amount should I fail or leave the company.
Unfortunately due to the scarce availability of seats to write the exam I had to use my personal credit card to book a seat as one became available or risk not being able to sit for the exam....

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Vehicle depreciation?

  Written by Marc   Posted 21 February 2014

I recently started my own business and I use my vehicle to collect stock/supplies and also to deliver to my clients. Can I claim the cost of my yearly vehicle renewal from tax?

SARS wants me to submit supporting documents, but the document list is empty

  Written by Marc   Posted 20 February 2014

I think SARS owes me a refund because my ITA34 reflected a negative number and said "refund due to you". Anyway they are now giving me grief, disputing my refund and demanding I respond in 21 days by sending me a "Final Request to Revise Income Tax Return or Submit Relevant Material". However in this document they say: "In the event that you couldn't find an error, you also had the option of submitting to SARS copies of the following material in support of the declarations made in your income tax return:" This is followed by an empty document list. ...

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In Maternity case, will SARS use 8 months or use total salary for tax year?

  Written by Marc   Posted 19 February 2014

Both my wife and I receive a salary from our CC. She was on maternity leave for 4 months (Aug-Nov) in which she didn't receive any salary, only her UIF.

Everything is now back to normal. Last night I came to realize that there is more profit in the CC than I would like and it would be better if I pay that profit out as a salary in Feb.

My question is thus...

Lets assume her total salary for the 2014 tax year will be R120k

Will she be taxed R9520 (R10k average salary over 12 months) Thus total Salary of R120k for the 2014 tax year or...

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How long will it take for SARS to pay out my refund?

  Written by Marc   Posted 19 February 2014

How long will it take for SARS to pay out my refund? I submitted my tax returns on 18 Feb 2014 and would like to know when I can expect the money?

SARS requesting private km and logbook for everyday of the year in addition to business travel?

  Written by Marc   Posted 18 February 2014

I'm claiming tax on my travel allowance and submitted my logbook based on the SARS logbook. Earlier today I was notified that my travel claim is disallowed. When I called them they said I should add my personal travel and mileage for everyday of that tax year. Is this normal? I thought SARS was only interested in business travel.

What is the PAYE formula?

  Written by Marc   Posted 17 February 2014

Mr ab is paid a monthly salary of R20 000 as well car allowance of R2 500. He belongs to company pension fund and contribute an amount equal of 7.5% his basic salary. The company does the same. He is also member of medical aid and his total contribution is 2100 of which the company contributes half.

How do you calculate this?

Does medical aid contributions qualify for the calculation of allowable RA deductions?

  Written by Marc   Posted 14 February 2014

In the cost-to-company pay structure the medical aid contribution does not fall under "pensionable income". Can the full medical aid contribution be included for the calculation of the optimal tax deductible RA contribution (15% of non-pensionable income)?

How fast are refunds paid out in 2014?

  Written by Marc   Posted 14 February 2014

How long will SARS take to pay out a rebate consisting of the 4 previous consecutive years, considering the payout has gone for a review?

Limit on medical expenses claimed by an older than 65 taxpayer?

  Written by Marc   Posted 12 February 2014

Is there a provision in the tax act which limits the amount of medical expenses (not medical aid contributions) that a taxpayer older than 65 may claim, to not more than 50% of their taxable income? I have been told this by a SARS employee in response to a query re a revised assessment disallowing some medical expenses.

Employer doesn't deduct PAYE?

  Written by Marc   Posted 12 February 2014

The company I started working for doesn't deduct PAYE, it states on my contract that I will be responsible for paying taxes myself.

What methods of apportionment of home office expenses are acceptable to SARS?

  Written by Marc   Posted 11 February 2014

I am a 100% commission earning employee who runs all my business activities from my residence. I estimate my business share of home expenses as being higher than simply the size of my office as a percentage of the house floor space. Can I include more area, such as the kitchen (used for meals during office hours) and the dining room (used for meetings)? Is floor space the only apportionment method?

Are university fees exempt from tax?

  Written by Marc   Posted 10 February 2014

Can I deduct my child's university fees from tax payable?

Can remote workers claim the expense of a desk in a shared office (not a home office)

  Written by Marc   Posted 10 February 2014

I've been working remotely for a Johannesburg based company. I used to work from my actual home but started renting a desk at a shared office near my home instead. I was using this exclusively for work.

Can I claim this an expense on my tax?
I'm a full time employee of a company employed as a regular PAYE employee.
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