I run as a sole-proprietor a small beauty business. I have been a student and then on completion of studies decided to work for myself. I am alone in my business and have built up the earning capacity slowly, due to my expenses of buying equipment and upgrading my home salon as I go along. I don't pull a salary for myself of over R8000.00 per month and some months only draw about R2500.00I am not registered for TAX personally as I looked at the tax tables and did not seem to earn enough to...
I am a police officer earning app R19000 pm, I am on polmed medical aid and I paid R13000,00 out off my pocket when I went for an operation as this was above medical aid rates. I have the payment receipt. Can I claim my money through SARS. What portion will I get back if I am allowed to claim. I also have a daughter who is on chronic meds for last 11 years(epilepsy). Does she fall under the disability act with SARS, and if I register her as as "disability" child , would this have any positive im...
I have previously not registered as a Taxpayer due to being under the earnings Threshold. I am still under the Threshold, however have now decided to register and submit a 2014 return. Will I still be able to submit a return for the 2013 season?
Hi TimI stopped working 5 years ago, stayed at home looking after my children, was doing what I enjoyed in spare time my hobby, people then asked me to help them and my hobby has brought in an income. How do I go about filling in my tax now ???
If you have worked only two months in the year (Jan and Feb 2014). And your employer deducted the full amount of PAYE as if you were working for the full 12 months, Will you be refunded the full amount of PAYE paid over to SARS as your Yearly income for 2014 is well below the threshold? Or does SARS allocate the income proportionately?
how do I complete my tax return when I earned less than the tax threshold and was not given monthly salary slips? I was employed by two brokers as their personal assistant but not through the company they worked for i.e I was on the brokers payroll and not the companies.
Regarding the residency question - If you earn interest(South African source) with no other income, spend more than 183 days out of the country, will that interest be subject to tax. Lets assume the interest earned is R250 000 for the year. If this isn't tax free, would the opposite be true where by the interest is from a foreign source yet you are resident in SA but do spend more than 183 days out of the country.
I just got an email from SARS that said unless I earn over R350 000 a year I don't have to submit a tax return this year.
Is this correct? Wasn't the income threshold a LOT lower last year, like R70,000? My income certainly doesn't exceed R350000 per year, but I still want to declare my expenses like medical and get my refund. Must I still submit below the threshold?
I get R36000 travel allowance per year. My business mileage is just over 40000 kms. When I do the calculation on efiling my return is the same when I put down 40000 business kms as it is when I put down 20000 business kms. Is this correct? Have I hit my 'threshold' ?
I have been working for a church since June last year and we are registered as non profit, was getting R3000, till now effective this June am now getting R3600 and I do not work full time. Can I register to pay for tax? do I need to register anything at all with SARS?
If your rent income and salary income amounts to less than the required amount for taxpayers to submit income tax does that mean I do not need to pay provisional tax or does any additional income count as 'taxable'?
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?