Income tax on salary from a non- profit organisation in USA

  Written by Marc   Posted 18 November 2014

I"m working for a non-profit organisation in America. How does the income tax work?

What should my per annum salary be to pay taxes?

  Written by Marc   Posted 18 November 2014

How much do I need to earn in order to pay tax?

Cruise ship salary - is it taxable?

  Written by Marc   Posted 18 November 2014

I work for a cruise ship company and receive a monthly salary. I have been outside of SA for over 183 days and 60 days consecutively. I do not get an IRP5 from them. I understand that I will be exempt from taxes under s10 (1)(o). I am however uncertain where to document this in my ITR12. Do I document the entire amount under "amounts considered non taxable" under the heading exempt amount? Or do I work out the exempt amount according to the number of days I was abroad? The form also has a sectio...

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Am still a student, so can I get a tax reference number?

  Written by Marc   Posted 17 November 2014

Am still a student doing grade 12, so I was looking for part-timejob at Shoprite, they said they want reference tax number how can I get it.

What is the - sign for on my ITA34?

  Written by Marc   Posted 17 November 2014

when an assessment is done and I get a refund amount with a - sign what does it mean e.g refund amount -R 300.00

Was unemployed for the year but paid medical aid and received local interest, can't file return?

  Written by Marc   Posted 17 November 2014

I don't live in South Africa anymore but I did contribute to a medical aid last year for 5 months. Plus I have an investment that has earned interest. I never earned any other income in South Africa, only in the country that I live in now. If I want to file my tax return I would only need to fill in the medical aid contributions and my local interest. On the first page of my tax return it does not allow me to create a form where both medical aid contributions and local interest appears. If ...

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Can I claim back tax from contributing a monthly amount to a parent?

  Written by Marc   Posted 17 November 2014

I make a monthly contribution to my mother as she is a pensioner. Would I be able to claim back on this tax?

Do I owe tax for the 2014 tax year?

  Written by Marc   Posted 17 November 2014

I'm I owe tax?

Medical aid query when employer pays half and you pay the other half

  Written by Marc   Posted 17 November 2014

Hi I would like to know how I complete the medical aid part because I pay half of my medical aid and my employer pays the other half

SARS need documents. What do I do?

  Written by Marc   Posted 17 November 2014

SARS need documents. What do I do?

Must I go into SARS to register bank details?

  Written by Marc   Posted 17 November 2014

Hi TaxTim,

I have submitted my tax return for this season and I am owed a refund by SARS.
I have never filled in my banking details before as have only been working for 1.5 years now. Must one always go into a SARS office to register bank details if one hasn't been asked? Or can I simply do it on efiling and only if they request me to go in, then I should?

Finally, if I am required to take all the banking documentation into a SARS office, can I do it when tax season is over? Or must I do it before the 21st of November? ...

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Documents requested for second time

  Written by Marc   Posted 16 November 2014

Hi TaxTim,I had my tax return done by a tax practitioner who informed me that I neeeded to submit all documents again after he submitted everything for the first time. After some time I called sars to find out what the progress was and they told me it was all done and sorted, just now I had to wait an additional 30-90 days until sars would pay my tax return. Is this common? Last year I did not have to submit again and received my return after 5 days. Also, will the sum of the first assessment s...

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Tavel Expenses no Allowance

  Written by Marc   Posted 15 November 2014

As a commission earner with no allowance I have travelled about 15 000 km what method do you suggest I must use to claim the fixed method of R 3.24 per km or what else

WHAT ARE DEDUCTIBLE EXPENSES FOR SELF-EMPLOYED SURGEONS

  Written by Marc   Posted 15 November 2014

I am a self-employed surgeon in the private sector. My business is my primary source
of income with most expenses [ including the astronomical amount for my insurance!] being
covered by it.

How do I fill in my tax return? What can my deductible expenses be? I travel to congresses
regularly and cover most of those expenses on my own.

When I was employed in the state sector it was much easier with my IRP5 Form.

Does SARS charge a penalty on the late submission of an income tax return with a refund

  Written by Marc   Posted 14 November 2014

Hi TaxTim,

This year was my first year of employment and as such I registered for tax. Additionally, I only received a salary for two months during the tax year (January and February). I therefore fall below the tax threshold and should receive a refund of the PAYE that was paid.

I am busy trying to register on e-Filing in order to submit my tax return on time (before the deadline of 21 November 2014). SARS has however requested that I go to the SARS branch to verify my banking details in order to successfully register me on e-Filing....

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SARS souce code 4112

  Written by Marc   Posted 14 November 2014

On my IT 3(b) I have for SARS source code 4112 (Foreign withholding tax on dividends) an amount of -R 68.93.But eFiling does not allow me to enter a negative value for SAR source code 4112When I posed this question to 2 of my investment institutions, I got 2 different answers.The 1 said:Make it a positive value and the other said:The tax in question is one that has already been deducted by the foreign constituent in the country of origin(appears as a negative value), it should therefore not be d...

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If you're a freelancer who earns below R70 700, do you have to submit a provisional tax return?

  Written by Marc   Posted 14 November 2014

I am a freelancer but I earned under the R70 700 threshold. Do I have to register for provisional tax? Some people have told me that I have to submit a provisional tax return anyway while reflecting on the return that my taxable income was zero. Seems stupid.

Depreciation Disallowed?

  Written by Marc   Posted 14 November 2014

On my previous ITA34 SARS said that the amount refundable to me was R-6153.46 (there was a depreciation value of R2533.00 for a laptop that I use for work purposes). Now I have received a new ITA34 assessment stating that I owe SARS R633.25. The statement says DEPRECIATION DISALLOWED.

I sent them the original purchase tax receipt for the laptop, was I supposed to send them something else? What must I do now?

IRP5 not applicable but SARS keeps asking to rectify?

  Written by Marc   Posted 14 November 2014

My salary earned is outside SA, I reside outside SA for the past 13 years.
After completing the questions the system requests IRP5 which I do not receive.
Please advise

Would like to have a trial run without submitting a returns.

  Written by Marc   Posted 14 November 2014

I do not want to submit for this past returns.
However I would like a trial run to see what I need for the next one.

I have lost my IRP5 form can you guys help me without it?

  Written by Marc   Posted 13 November 2014

I have lost my IRP5 form can you guys help me without it?

Am I still required to lodge tax returns in South Africa?

  Written by Marc   Posted 13 November 2014

I am a South African citizen who has been living overseas for several years. I left South Africa before registering for a Tax File Number and I have never lodged a return there. I have been working overseas and paying tax over here to the tax office. My question is, should I have been lodging tax returns in South Africa for all these years? Are there penalties or fines for not lodging a tax return for all this time in my case or will I be able to go through the 'formal emigration' proc...

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Web Development source code for eFiling

  Written by Marc   Posted 12 November 2014

I've did some freelance web design and development in the last tax year and so now have to declare it on eFiling. No IRP5's or anything formal like that, so I've added it under Local Business, Trade and Professional Income. My problem is that I don't know what source code to use. eFiling gives a pop-up that allows you to select something, but nothing relates to website development (I'm not even sure what Trade Section to use). The list of source codes on SARS website also turned up nothing.
...

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Why didn"t the company show provident fund on the IRP5?

  Written by Marc   Posted 12 November 2014

I want to know about the provident fund (4003) its not shown on my IRP5 that I get from the firm.
How will the tax man know that I pay provident fund when its not shown on my IRP5.

I want to have a tax return claim with TaxTim?

  Written by Marc   Posted 12 November 2014

I'm a worker and I want to claim my tax returns
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