How do I claim my travel expenses against my allowance?

  Written by Alicia   Posted 18 May 2016

I'm a commission earner, started on the 1st December 2015. I have been using my car which I bought in July. I had a log book but some of my petrol receipts have faded a bit. When I started working as a commission earner my km where 6780, at the end of Feb they were 16956

I want to claim for travel allowance, should I use the deemed cost or the actual cost.

How to capture EMP501 and IRP5 values

  Written by Alicia   Posted 18 May 2016

When capturing an EMP501 on Easyfile, under Liabilities, do I capture the payroll values exported from my payroll system for payment every month or do I capture the actual payments made to SARS for that month under liability?

Turnover tax, can one claimable expenses prior to the tax calculation?

  Written by Alicia   Posted 18 May 2016

What expenses can be claimed before u calculate the tax payable on company that is registered for Turnover tax?

Tax clearance certificate for emigration

  Written by Alicia   Posted 16 May 2016

I am joining my husband in the UK shortly and want to know if I will need a Tax Clearance certificate from SARS in order to leave the country on a one way ticket through my spousal settlement visa. We have no assets in South Africa and I was under the threshold regarding income tax (tax was paid by my employer and I never submitted a tax tax return). We may be coming back to South Africa at a later stage and do not want to give up residency.

Can you help me calculate the tax on my pension lump sum?

  Written by Alicia   Posted 16 May 2016

I'm getting a pension payment of R230 156 ,08 how much tax can I expect to pay?

Donation or inheritance being the source of the funds

  Written by Evan   Posted 15 May 2016

My daughter died suddenly and she left her annuities to me, her husband, daughter and son (four people), the insurance company made a mess up of the division of the assets and will not change them. Therefore my son in law has to pay over to me the amount of R258 000, to make up my share, as the money was left to us in her estate, is this amount a donation or an inheritance? I feel it is unfair for him to pay tax on this money, when it is not part of his assets, but part of the inheritance recei...

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Sequestration and Business Vehicles

  Written by Nicci   Posted 13 May 2016

If I have been declared insolvent, can I still make claims against the business use of a vehicle if not registered in my name? For example, I make use of a vehicle registered in someone else's name, but I still make the payments as I am the driver of the vehicle for business purposes. Also, what if exemption was granted and I kept my vehicle, will I then still be allowed to claim against the use of my vehicle used for business even if I am sequestrated?

Severence package tax free amount

  Written by Nicci   Posted 13 May 2016

I have received a severance package in the 2012 tax year. Were the tax tables in existence then and would I have gotten the R 500 000 tax free amount already.

Do I get taxed cancelling an Retirement Annuity when living abroad.

  Written by Alicia   Posted 13 May 2016

I have emigrated to the UK and want to cancel my retirement annuity fund because of it. As I now live overseas, will I still be taxed?

Do you submit to SARS on clients behalf?

  Written by Alicia   Posted 13 May 2016

Do you provide a service, whereby you do the submissions on my behalf, like what my broker does?

What tax will I pay on a second job?

  Written by Nicci   Posted 12 May 2016

I currently have a job and paying tax monthly to SARS. Now I am about to get another job which will pay R3000 am I required to pay tax on this second job? How does it work. And can I use another bank account to get paid?

International transfers and disability income taxed in the UK

  Written by Nicci   Posted 12 May 2016

I am living abroad and get a disability income from Discovery Life every month paid into my South African account. If I want to transfer the money over a UK bank account, how do I do it? Also, are there tax implications in the UK then as well as South Africa when bringing it in?

Non-Pensionable income

  Written by Nicci   Posted 12 May 2016

May you please advise what is a non-pensionable allowance and how does it work.

How do I get a tax number when I am expecting a varying income from offshore investments?

  Written by Nicci   Posted 12 May 2016

How do I apply for a tax number when I am expecting a varying monthly income by investments internationally?

Tax implications of UIF benefits

  Written by Nicci   Posted 12 May 2016

I retired at age 65 during the course of the 2016 tax year. I claimed UIF retirement benefits which I received monthly (part in 2016 tax year and part in 2017 tax year). Will this UIF retirement benefit impact on my annual taxable income? Will I be receiving an IRP5 or IT3a from the UIF?

Tax on divorce settlement

  Written by Nicci   Posted 12 May 2016

I would just like to know if I will be taxed on my divorce settlement?

Taxes for a R5000 part time job for foreign student visa holder

  Written by Nicci   Posted 11 May 2016

As a foreign student, do you have to pay taxes on a salary of R5,000 per month. I am working 80 hours per month.

Can I net off rental income against my rent payments?

  Written by Nicci   Posted 11 May 2016

I am receiving rental income on my primary residence and am paying rent to stay in another apartment. Obviously I need to declare the rental income but can any of the rental I am to paying out be set off against this income?

Am i due for a tax refund?

  Written by Alicia   Posted 11 May 2016

I want to know if SARS owes me money

Tax calculation

  Written by Alicia   Posted 11 May 2016

Tax applicable to monthly salary R29,024. 00 for a period from 3rd Nov'15 to 29th Feb'16

Tax Directive

  Written by Alicia   Posted 11 May 2016

How long does SARS take to issue a tax directive?

After a tax directive is issued, how long can it take for funds to be paid into one's bank account?

Car allowance calculation

  Written by Nicci   Posted 10 May 2016

How is the car allowance calculated if the car cost the business R165 000 (excluding VAT) when it was bought last year (tax year ending 28 Feb 2015) Purchase price did not included a maintenance plan and the employer expected him to use the car equally for business and private. Monthly value of the use of the car for tax is 3. 5% of VAT inclusive cost of the car.

Can I claim for medical expenses?

  Written by Alicia   Posted 10 May 2016

Went on early pension at age 55 December 2014 after working for 27 years at the Goverment. Receive every month a pension amount. Can I still claim medical costs paid by me.

Can I get a tax refund?

  Written by Alicia   Posted 10 May 2016

In 2014 I was working on campus, and I recently found my payslip from 2014 December showing that I had earned a gross payment of 6540, whereas I only got paid 4340 in my bank account... Could this mean I was taxed? and is it still possible to get refunded?

How much tax for R100,000 sign up bonus?

  Written by Nicci   Posted 10 May 2016

I joined a company which agreed a sign up bonus of R200 000 of which 50% (R100,000) would be paid in first month. And this sign up bonus is taxable, so how much tax would be deducted on my first payment of R100,000?
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