Can I claim travel expenses for unpaid charity work?

  Written by Marc   Posted 8 October 2013

I work for a software company three days a week and on the other two days I provide unpaid help to various charities. Am I able to deduct the travelling expenses to and from the charity projects in my tax return?

Rental income - offsetting expenses for tax purposes?

  Written by Marc   Posted 8 October 2013

We only managed to get our first tenant from 1 October. Do we accrue only the expenses - interest on bond, levies, rates, etc. - from 1 October, or for the entire financial year?

Resubmitting of tax?

  Written by Marc   Posted 8 October 2013

I sub-letted my SARS tax return about 4 weeks ago can I resubmit .

What documentation is required to show income and expenditures from rental income?

  Written by Marc   Posted 8 October 2013

I recieve additional income from rental. I have an agreement with my tenants that they pay a percentage of the electricity and rates bill, the ADSL bill and the domestic staff. If I were to be audited, what documentation would I need to provide in order to prove these expenditures seeing as they are not the total amount invoiced on the ADSL or Electricity Bills?

Personal tax of small business owners?

  Written by Marc   Posted 7 October 2013

Hi Tim. I have a trading business registered as a Pty Ltd that I started this year. The company only makes enough to cover its costs as it is still in its startup phase. I do not pay myself a salary as I do not have much in the way of living expenses. How would I treat my personal tax return?

Can I claim back expenses against PAYE that relate to an income I have not yet received?

  Written by Marc   Posted 7 October 2013

Thank you very much making this forum available to us.
I work as a salaried software developer 160 hours a month, I earn a salary and pay PAYE. I also work at home doing work for a client. I will only be able to collect an income from the client after the system I'm developing is complete, which will probably be in around 8 months, this is simply the nature of the business. I'd like to know if I am entitled to claim any expenses that I am currently paying to support the work I'm doing for...

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Rental income- gross income?

  Written by Marc   Posted 4 October 2013

For the purposes of calculating one's taxable income, does one include the rental income received for leasing out a flat in their income?

Medical care claims for someone not on medical aid?

  Written by Marc   Posted 3 October 2013

My mother is not on my medical aid. When she was hospitalized I paid R80 000 in medical bills. I have all my receipts. How can I claim this from SARS?

How to read original and additional assessment from SARS.

  Written by Marc   Posted 2 October 2013

I was employed in South Africa from Jan'2011 till 1st Aug'2013 (relocated to USA). I have filed my tax in 2011 and 2012.

Now I filed my tax return for 2013 through eFiling with all supporting documents. Post submission, I got an original assessment which showed me a credit of (ZAR -37,000); however it was also selected for audit and today after a month, there is another version of IT34 uploaded which shows an amount of (ZAR 820) which I need to pay to SARS. They have also mentioned that this IT34 doesn't show any amount calculated in previous assessment and that my statement balance is now (ZAR 37000 - ZAR 820 = 36,180)....

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Recouping Tax Deductions From Previous Tax Year?

  Written by Marc   Posted 2 October 2013

Is it possible to claim a deduction for tax in the following tax year which you have incurred in the previous tax year?

Can lodge an objection if I think my filing was incorrect?

  Written by Marc   Posted 2 October 2013

If I completed my eFiling, and received a payout can I request a amendment as I think I filed my tax incorrectly.

How do I work out my taxable income from my salary slip?

  Written by Marc   Posted 1 October 2013

I started earning extra wages outside of my salary in February 2013 and so I have registered for provisional tax. On my IRP6 I need to fill in my gross turnover(which I understand to be my gross salary other income including my rental earnings, wages earned and interest on investments) and then my estimated taxable income (which I understand to be my gross turnover minus my costs, retirement annuity contributions and my pension contributions). How do I work out the taxable portion of my salary ...

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What is an AP34?

  Written by Marc   Posted 1 October 2013

There is an AP34 on my efiling 'main page' that shows an amount owed to SARS for 'ITR12 non-submission 2010'. I requested an account statement and the balance on the statement is R0. Now I don't know: do I or don't I owe SARS money? All my returns are currently up to date - I had outstanding returns last year, but got a bookkeeper to get everything up to date. She submitted all the documents requested by SARS after disputing a revised assessment of 2010 - the dispute was allowed, all penalties ...

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Commission earners and staying up to date on what you can claim and what portions

  Written by Marc   Posted 26 September 2013

Hey TimI am back and this year I have subscribed to your service so I'm looking forward to easy filing!I do have a couple of questions, keeping it high level, as I earn the majority of my income on commission and spend quite a lot of my own income in making that possible. I'll just dive right in:A.) Can I claim depreciation on my 1.) Car and 2.) Scooter - how do I calculate that and where do I put that on my return if I can?B.) Can I claim insurance expenses on 1.) My Home Office and 2...

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Do SARS have the right to dictate where my refund is paid out?

  Written by Marc   Posted 26 September 2013

I went to verify my bank details at a SARS office only to find I have a third party bank account and I quote from SARS website "A third party account is an account where there is a main member but a secondary member has signing authority. No change of banking details will be allowed by a third party. If the secondary member is the taxpayer to whom a refund is due, he/she will have to open his/her individual bank account."
I have a problem with this. I closed my personal account to avoid du...

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Can VAT be claimed on capital purchases made prior to when the actual VAT registration takes place?

  Written by Marc   Posted 26 September 2013

Hi there, my brother started his own company and wishes to register for VAT. His company was registered on the 16 July this year. Prior to this he made purchases of machinery. Is there a possibility that that the vat registration could be applied retrospectively so that this VAT can be claimed? Also can the VAT on machinery purchases be claimed if the purchase was made after the company registration?
Thank you!

I will be working outside of South Africa for a year at a time. Will I still be liable for tax?

  Written by Marc   Posted 26 September 2013

As from November, I will be working outside of South Africa earning dollars. I will only come back for 30 days a year for my leave. My wife and children will still be living here, so I need to send money for them to live. Will the money I send be liable for South African tax?If I rather have my foreign salary paid into my South African bank account, Would that be taxed?Thanks a million.

What to include under 3601 and 3615 codes

  Written by Marc   Posted 26 September 2013

Do subsistence allowances, bonuses and right of use of motor vehicle fringe benefits get INCLUDED under code 3615 and 3601? Or must they be EXCLUDED from 3615 and 3601 and included under 3714, 3605 and 3802 respectively?

When do I start my logbook if got travel allowance halfway through year?

  Written by Marc   Posted 25 September 2013

Hi Tim, I get a travel allowance but however I started receiving it in June, but always had used the car since the month of April! So when do I start the date of my logbook for efiling?

How much PAYE deducted from a monthly salary of R8000?

  Written by Marc   Posted 25 September 2013

How much PAYE would be deducted from my salary if I earn R8000?

How to read negative refund amount in assessment

  Written by Marc   Posted 25 September 2013

Hi TimMy assessment letter says "Net amount refundable under this assessment after allowable creditsCompliance"and then shows a negative amount. Technically this would mean I owe SARS as a negative 'refund' means the oposite of a refund but I am not sure what they intend it to mean.What should I take this to mean?Thanks!

Tax on income working permanently in the UAE and declaring of such.

  Written by Marc   Posted 23 September 2013

Hi Tim,
I left SA on 1/9/2011 to take up a permanent employment in UAE, with a UAE company. I also took up residency in the UAE. I sold all my fixed assets in SA, except for my primary residence, which I left for the children to complete their university studies from. I didn't have any intention to return to SA and wanted to relocate elsewhere, after my pension. Unfortunately I was retrenched w.e.f. 10/12/2012 and I returned to SA on 18/12/2012. I visited SA in Nov 2011 for 10 days in Oct 2012 for 5 days. I only started to earned an income in SA in February 2013....

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How do I get my tax back when unemployed?

  Written by Marc   Posted 23 September 2013

How can I get my tax back because I don't work at this moment. How can I do it?

Unemployed and in need of cash.

  Written by Marc   Posted 22 September 2013

Is there any tax return funds available for me?

Car Allowance - Available deductions and Documents required

  Written by Marc   Posted 21 September 2013

My salary was structured in such a way that I have a car allowance of approx R5,5k and my contract states that due to this allowance I will be required to use my personal vehicle for company purposes. The company however includes the full allowance as 100% taxable income - and that my annual tax return will determine the actual taxable portion.

My question is - how will it be determined and what documents do I need to keep in order to have any available deductions? Please note that...

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