Can an employer who is not giving you benefits allowed to break down your salary, reducing basic sal

  Written by Marc   Posted 7 January 2014

My. Basic salary is R33943.06
My employer break it down as my basic salary is R28169.48 medical aid R3698.00 , vitality R39.00, provident fund R2063.58 rate per hour R192.20 then deduction is tax R6203.69 and UIFR148.72
Is this legal ? My employer does not give me any benefits from all the deductions.

Can PAYE be deducted if on commission only and can I invoice the company contracting me ?

  Written by Marc   Posted 7 January 2014

I'm a consultant and earned only 5% on commission. The company pays me a retainer of R10K per month. Can they deduct PAYE per month ( 5 month contract only)? if so, of how many %? Can I bill them in my personal capacity or from my CC? what would the tax implication be?

Leasehold improvement - how is this taxed?

  Written by Marc   Posted 30 December 2013

Our company has to make improvements to our offices that we lease. I know we should account for these as leasehold improvements and amortize it over the lease period, but will this amortization be a tax deductible expense? (will the accounting and tax treatment be the same?) The total improvement will be less than R7 000 can I rather treat this as a "small items" deduction?

Income & Expenses sent in my tax return and only income was acknowledged.

  Written by Marc   Posted 19 December 2013

What will happen with my 2010 tax return that SARS did not "allow" for my expenses, only my income and are now asking for a huge amount that I owe them?

How long does is take to get the money in the bank account after ITA34 sms?

  Written by Marc   Posted 12 December 2013

How long does is take to get the money in the bank account after ITA34 sms?

Tax with bonus?

  Written by Marc   Posted 12 December 2013

If you earn R5500 a month and in December you get bonus of R5500 as well as your pay for that month. How do you work out how much tax you pay.

Am I viable for a tax return?

  Written by Marc   Posted 12 December 2013

Am I viable for a tax return and how do I find out if I am?

Registration of tuckshop and which bank details to use?

  Written by Marc   Posted 10 December 2013

Me and my partner have a tuck shop we want to register our business he doesn't have a bank account but I do can we use my account for the business?

My gross salary is 17076.68 per month how much wil I take home after all the deduction?

  Written by Marc   Posted 10 December 2013

I just got a job and my gross salary is 17067.36 and was told that my total cost to company is 20839.36 and company contribution to my provident fount is 2305.35 so I will like to know how much will my take home after all the deduction e.g provident found ,UIF and tax?

South African citizen worked at Antarctica but get paid in South Africa, can he be exempted from tax

  Written by Marc   Posted 10 December 2013

South African citizen worked at Antarctica but get paid in South Africa, can he be exempted from tax?

Self Employed expenses which are deductible for tax purposes?

  Written by Marc   Posted 9 December 2013

I have started freelancing from Nov 2013 after being employed up till now.
For my job I require:
ADSL
My car
Childcare
Cellphone
New laptop

What expenses can I take off?

Under which SARS code do I file foreign income?

  Written by Marc   Posted 8 December 2013

I draw a monthly salary, but I have also done some after hours IT work (written software) for an overseas company. Under which SARS code do I file this foreign income?

Contractor Claims - source code 3616

  Written by Marc   Posted 5 December 2013

I am an independent contractor code 3616. I use my vehicle for for business purposes and have an RA.

1) Must I have an RA to claim the max 15% RA deduction or can I claim irrespective having one or not ?
2) My vehicle is paid up, can I still claim the monthly ISA installment I used to pay ?
3) What are the entertainment expenses I can claim ?

Office Allowance source code 4028?

  Written by Marc   Posted 5 December 2013

I receive office allowance as an income and now my accountant tells me I should have this under code 4028 as a deduction. How does one qualify to have this kind of allowance?

Out of pocket medical expenses for dad not on my medical aid?

  Written by Marc   Posted 5 December 2013

Can I claim my fathers hospital bills R70 000 if I which I paid even though my Dad doesn't belong to a medical aid?

SARS refund?

  Written by Marc   Posted 4 December 2013

Good morning I would like to ask how long does it take to be refunded when your money owed to you was paid into a wrong account and was reversed back to SARS?

What qualifies an SA citizen to be tax exempt in any country

  Written by Marc   Posted 3 December 2013

I'd like to set up a company offshore for the tax benefits. The company operations will take place in Ivory coast, Tanzania and Namibia. How can the employees of the company (mostly South Africans) be tax exempt because they will spend the entire period working outside the country - this will serve as an incentive to work outside of South Africa.

PART TIME WORK - how do I disclose on my ITR12 Income Tax Return?

  Written by Marc   Posted 3 December 2013

I am retired and drawing a pension. I also do a bit of accounting work for a small engineering company and for that receive /- R3000 per month. The company is disclosing this as consulting fees in their accounts ie they are not providing me with an IRP5. My questions are (1) Do I disclose this information under the LBTP and ODED sections of my ITR12 and (2) do I have to complete the SOAL section of the return?

Is it too late to submit an Income Tax Return after the deadline?

  Written by Marc   Posted 2 December 2013

am I too late to submit? If I earn R5500 per month, do I still need to submit?I dont have medical aid so do I just claim what I have spent?Up until when do I submit ?

Earning Pounds whilst residing in South Africa as a tax resident?

  Written by Marc   Posted 2 December 2013

I'm a South African currently residing in the UK (and have done so for the past 10 years). I will be returning to South Africa as a resident but will still be earning pounds and paying tax on my pounds in the UK. What is my obligation towards SARS?

Tax return for laptop

  Written by Marc   Posted 1 December 2013

I have purchased a dell laptop few months back online in Germany. Now, I am leaving germany permanently and will settle down in India. It is written in Frankfurt airport website that "If you are leaving the European Union and live outside it, you are entitled to refund on the value-added tax paid on all merchandise purchased within the EU." So, can I claim for the tax return for my laptop in the airport although it was purchased online and already used for few months Please let me know...

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have gone into SARS to change my bank account details a week ago, yet on efiling it still shows AVS

  Written by Marc   Posted 30 November 2013

I have gone into SARS to change my bank account details a week ago, yet on eFiling it still shows AVS Bank with AVS verification pass what do I do now?

Tax on variable monthly income?

  Written by Marc   Posted 30 November 2013

My monthly salary varies as it is based on number of clients seen etc- does this affect the way PAYE is calculated? The PAYE I am getting charged is almost double the guidelines set out on the SARS table?

VAT issues:registered vs non-registered vendors and correct manner of preparing invoice by non-reg?

  Written by Marc   Posted 28 November 2013

If a business is operating from home and provides basic bookkeeping services. Income generated is well below the VAT threshold and the client requires an invoice, what is the correct manner in which the invoice must be prepared by the bookkeeper? Client is a registered VAT vendor while bookkeeper is not.

I am disputing my payment with SARS?

  Written by Marc   Posted 28 November 2013

I have files a notice of objection as I do not think I was reimbursed for my travel expenses. How long will it take for SARS to come back to me?
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