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Deductions Posts in Tax Q&A

R3783 code 4008 on ITR12

  Written by Marc  

How is code 4008 calculated for 4 members under medical scheme? I understand there is a maximum amount but R3783 doesn't seem right?

How do I calculate manually to see if I qualify for a tax refund?

  Written by Marc  

How do I calculate manually to see if I qualify for a tax refund or owe? This is my first time doing my own eFiling and scared I might make a mistake.

PAYE if I have 3 day a week permanent job and 3month contract with 2 days a week?

  Written by Marc  

If I work permanent 3 days a week get R5180 per month before tax, and a contract for 3 months 2 days a week at R6000 per month before tax. How will my tax work?

fringe benefit-conmpany provided vehicle

  Written by Marc  

Hi TaxTim,

I earn a basic and my commission is more than 50% of my annual basic. I sell luxury automobiles for a living.

I see on my IRP5 under "Income received "an amount of R65 000 "Use of Motor Vehicle" (PAYE)

Is there a specefic place where I insert this amount on my tax return?

I kept a logbook stipulating opening,closing KM'S, private and business KM'S

My company provides me with a company vehicle in order to sell and generate an income....



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I worked for 6 months only and am 90 yrs of age how do they calculate the"equivalent rate?

  Written by Marc  

for income tax purposes how is an equivalent rate calculated if a person only works for6 months of the tax year

What documentation do you have to carry with you when you go to SARS to do your tax returns?

  Written by Marc  

What documentation do you need to submit your tax returns claim to SARS?

Cellphone claim for tax purposes?

  Written by Marc  

Can I claim my monthly cellphone bill? What do I claim it under?

My bank details on IRP5 changed.

  Written by Marc  

But the bank account SARS refunded me is still also being used by me. Should I change it at SARS? I would like to keep it the same.

I earned R6 500 and was a temp in the last tax period I only worked for 3 months. How does the tax w

  Written by Marc  

I earned R6 500 and was a temp in the last tax period I only worked for 3 months. Can I claim PAYE for those months?

Estimate amount back on 3 IRP5 2009-2010, 01/2013-28/2/2013 and lastly 2012-2013/02/10

  Written by Marc  

How do I roughly get an estimate on money back ....if I get back.........how do u calculate it ?

2013/2013 allowable Commission expenses to be claimed

  Written by Marc  

Just want to make sure if the 50% rule is still in place regarding commission income? The same as 2011/2012? Meaning your Commission income must be 50% more than other income to claim any expenses against commission.



Independent Contractor...what can he claim?

Medical Tax Credit?

  Written by Marc  

Hi Team, My Total medical aid contribution for myself and 2 depandants is R2072. My company pays R1211 and I pay R674 deducted from my salary and I receive a R230 med aid tax credit. Is the R230 the correct amount for 2 depandants? and can I claim back the R674 that I pay from salary every month?

Commission - how is it taxed?

  Written by Marc  

Hi TaxTim,I earn commission, all my income is derived from selling luxury automobiles.What are all the tax deductions I can claim for?What percentages of these deductions will I get back?I tried asking SARS this, you think they will help me... not a chance.

Tax return payment?

  Written by Marc  

I have received an email that my tax return payment is due. I would like to know how should I apply for it. Thamk You...

My employer deducted montly tax from our salary but we are not registered with SARS neither is the c

  Written by Marc  

Please need help. How do I know if our Company is registered with SARS
and the tax that have been deducted from our Salary is been paid up towards SARS. What could happen to the owner who failed to pay the tax over to SARS.

Tax on leased property?

  Written by Marc  

I rent out my property but still pay a bond. This is not my primary residence. Do I still need to pay tax?

I earn a basic salary but earn a commission ever quarter what tax would I pay on my commission?

  Written by Marc  

I earn a basic salary of 6500 after deductions. I also earn commission which is paid out every quarter this quarter amounts to over R7 000.

What does it mean if SARS send me ITA34 R-2000?

  Written by Marc  

What must I do about the ITA34 must I pay them?

I contribute towards my daughters studies at the university, can I claim this as a tax deduction fro

  Written by Marc  

My daughter is studying part-time to complete her degree at the university.
She has a temp job as a teacher at a primary school and earns a small salary.
I pay the University fees. Can I claim this from SARS?

I've been practicing as a medical practitioner since 2010 and still have not payed tax?

  Written by Marc  

How do I go about starting this process? I've been an associate for the first 2 years and a partner the last 2 years. I've acquired a house with my wife and we needed to renovate the house and the grannies flat into a practice which I practice from 2 days a week. With all living expenses I do not have the excess to pay tax. What do I do?

Didn't include my pension fund on code 4006?

  Written by Marc  

Last year when I filed my 2012 tax return I didn't put in my pension fund on code 4006 but have put only my retirement annuity from old mutual. And I was given a refund amount of R1900. I therefore would like to know if its possible for me to do an objection and resubmit the return even though I was paid.

When a certain amount was deducted from my UIF can I go for a tax return on the money that was deduc

  Written by Marc  

I resigned an the company paid out my UIF an there was an amount deducted so I just want to knw if I get a tax return on the money that was deducted.

Where do you fill in the amount you paid out of your pocket for unpaid medical bills?

  Written by Marc  

I have receipts of more than R5000 of bills of which medical did not want to settle. Where do I put this total on your questionnaire?

IRP5 what must I do now?

  Written by Marc  

In January 2013 I received my share of my ex husbands pension fund a lump sum where the tax was deducted. I received my IRP5 now. What must I do? what forms must I fill in and how would I know if I am going to maybe receive something back from SARS?

What is the definition of income tax source codes?

  Written by Marc  

4141/4142/4149/4150/4497
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