Written by Marc
Posted 22 November 2013
Written by Marc
Posted 21 November 2013
Dear TaxTimI worked 3 months (March - May 2012) of the 2013 financial year in South Africa (for which I have the IRP5, included in my efiling ITR12), the total amount earned was R24,850. Since then, from June 2012 to present, I have been employed on a full time basis and continuously present in Chile (the period exceeds the number of days required to qualify me as non-resident for tax purposes in SA - 183 days) - for all of the 2013 tax period, I have not paid tax on this income in Chile, due to...
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 21 November 2013
Written by Marc
Posted 20 November 2013
Written by Marc
Posted 20 November 2013
Written by Marc
Posted 20 November 2013
I will be working for a UK based company from my home in SA. It is a very small business my sister has opened. I will be receiving foreign currency in either dollars or euros. I will earn a monthly salary. Will I pay normal tax? Will I pay tax in UK before I get my salary? How will this work for me? How will I get an IRP5? I wont be getting R250k per year but I am already a registered tax payer with the company I currently work for. I registered and submit returns every year even though I dont ...
Written by Marc
Posted 20 November 2013
Written by Marc
Posted 19 November 2013
Written by Marc
Posted 19 November 2013
Written by Marc
Posted 19 November 2013
Am I responsible for paying tax on spousal maintenance received while separated? I am a South African citizen, live in South Africa and receive monthly payments from my husband who is of foreign nationality, lives abroad and pays money into my bank account that is also located abroad. I do not work and he has a job, receives a salary and pays tax in his country (though think he deducts his payments to me from his tax returns). When we separated we agreed to an amount he would provide on a month...
Written by Marc
Posted 18 November 2013
Written by Marc
Posted 18 November 2013
Written by Marc
Posted 17 November 2013
Written by Marc
Posted 17 November 2013
Written by Marc
Posted 16 November 2013
Written by Marc
Posted 16 November 2013
Written by Marc
Posted 16 November 2013
Written by Marc
Posted 15 November 2013
How do I know whether I need to submit a tax return? I am registered but have never submitted a return. I find the sars website a little confusing as they state: 'You are liable to pay income tax if you earn more than R63 556 in the 2013 year of assessment, and are younger than 65 years of age. ' BUT also state: 'What is the threshold for the non-submission of ITR12 returns for individuals for the 2013 year of assessment?Although a taxpayer still has to register for income tax he/...