When can a taxpayer claim the tertiary tax rebate?

  Written by Nicci   Posted 4 April 2017

If a taxpayer turns 75 after 1 March 2017, does he/she get the benefit of the tertiary rebate in the February 2018 tax year, and does he/she have to already be 75 at the start of the tax year which would mean he/she can only get the rebate in the 2019 tax year?

Can register for tax without an ID?

  Written by Nicci   Posted 4 April 2017

I want to register for a tax and it's urgent. I lost my ID and my driver's license too.

Income Tax on Dividends

  Written by Nicci   Posted 4 April 2017

When receiving a Dividend from a Company (as a Shareholder). The Shareholder is taxed at 20% of the value on the dividend paid. If you're also earning a regular salary and paying PAYE monthly, would such dividends paid, be subject to additional Income Tax?

So, basically, would regular Individual Income Tax also apply on the dividend again after paying the 20% Dividend Tax?

NGO and Paying Tax

  Written by Nicci   Posted 3 April 2017

In which circumstances will a non profit organisation pay tax?

Company Taxes (Income, PAYE, VAT etc) Registration

  Written by Nicci   Posted 3 April 2017

Please advise if you're able to assist with registering our company for all relevant taxes and what the cost will be?

Paying a nanny- is it claimable?

  Written by Nicci   Posted 2 April 2017

If you have a nanny can you claim for the wages you paid to her?

How do I calculate the municipal expenses on rental property without previous statements

  Written by Nicci   Posted 2 April 2017

I cannot locate all my past municipal statements for my rental property, I need them in order to log the rates etc. as an expense. I've tried accessing them online, but they only sent the last bill.

SARS Refund and sequestration

  Written by Nicci   Posted 2 April 2017

Why do I need to disclose my income tax number in my sequestration court application? Does this mean that I will not get any SARS refunds due to me whilst under sequestration?

Provisional Tax Submission

  Written by Nicci   Posted 31 March 2017

I freelanced for the 2016 tax year. I just applied to be a provisional taxpayer on SARS eFiling. Do I need to fill out an IRP3(pa)? And when is my first provisional tax payment due?

Bond credit life cover premiums

  Written by Nicci   Posted 31 March 2017

Are bond credit life cover premiums tax deductible against rental income? Credit life cover is compulsory, as per the bond approval pre-agreement.

Can expenses incurred from other income be deducted?

  Written by Nicci   Posted 30 March 2017

If I'm a full time employee plus I do something outside of work that generates income and expenses, can these expenses be deducted?

Tax Season Submission

  Written by Nicci   Posted 30 March 2017

I recently just registered on your website. I wanted to ask, for the year
2017 personal submissions, do I have to wait for the 1st of July for my
submissions?

Tax on a deceased's Retirement Annuity

  Written by Nicci   Posted 28 March 2017

I received money from my late dad's Retirement Annuity and I was taxed on this. Does that
matter at all?

Is a golf membership tax deductible?

  Written by Nicci   Posted 28 March 2017

Can I claim tax back on my golf membership fees? I play golf with clients there, have meetings and network new clients. I own a lighting and electrical importing and wholesaling company

Paypal and tax submissions

  Written by Nicci   Posted 28 March 2017

I'm permanently employed and I plan on making extra money through surveys and Paypal. How would I submit this to SARS? I've not done anything like this before and I wouldn't like to make an error with my tax return. And, would I have to declare the money if I don't actually take it from my Paypal account?

Tax calculations on returns not previously submitted

  Written by Nicci   Posted 27 March 2017

If I didn't submit tax for more than 3 years. How is tax calculated?

Incorrect Tax Code

  Written by Nicci   Posted 27 March 2017

My employers incorrectly submitted my 2016 tax return with a code of 3601 instead of 3616. I'm a contractor with a fixed term contract and end dates and receive no company benefits. They refuse to submit an EMP601 correction which SARS has asked for, I think they are concerned they will be audited. I am therefore having to pay a tax bill. Is there anything I can do?

Is salary paid to secretary tax deductible

  Written by Nicci   Posted 27 March 2017

I'm a commission earner and I employ a secretary whom I pay R5000 p.m. - can I deduct this amount from my income when I do my tax return?

Is the Package Correct?

  Written by Nicci   Posted 27 March 2017

I'm filling out my 2017 tax return for Individual Return. My income is covered in part by an IRP5, and in part by a foreign deposit. Can I declare both on TaxTim?
I also just bought the TaxTim Ultra package because of the foreign income, but the email says I should only use the voucher on July 1st. Have I bought the wrong product?

Mail Received: IT34

  Written by Nicci   Posted 27 March 2017

I received a mail from SARS: "An IT34 notice for the taxpayer listed below has been issued by SARS. Please log into the SARS eFiling system to view the IT34".

I'm not sure what this means.

Cruise Ship employee and Tax Laws

  Written by Nicci   Posted 26 March 2017

I'm a SA resident and work on a cruise ship as a waiter for a company that travels all over the world. Most of my income is derived through gratuity from passengers. How would this relate to the new tax law for foreign income mentioned in the latest budget speech affect us? Will I be subjected to pay tax on the gratuity I earn?

Working from Home

  Written by Nicci   Posted 26 March 2017

I work from home and make approximately R25000/month. I don't do much traveling and I
manage everything from my desk. I service one company only- I'm basically working for myself. They don't cover any tax etc. and I receive this
payment monthly. What's the best way to deal with the Tax?

Resubmitting A Tax Return

  Written by Nicci   Posted 24 March 2017

On my 2016 tax return SARS says that I owe them money. I think that this isn't accurate as I was with a full time employer and I'm sure that they took care of all my tax issues. Is it too late to resubmit a tax return for 2016 via TaxTim?

Overtime Earnings and Tax

  Written by Nicci   Posted 24 March 2017

I work for a well established company I earn approximately R4163.00 per month. When I work overtime, lets say, for R700.00 they tax it all. Why do they do that because I earn a small salary?

Provisional Tax and REIT Income

  Written by Nicci   Posted 24 March 2017

I'm a stay at home mom. The only income I get is from interest ( - R10000.00), dividends (-R15000)and REIT Income ( -R25000). I file only 1 tax return per year. Should I be registered for provisional tax due to the REIT income?
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