Will I earn a tax rebate if I pay for the full medical cost out of my own pocket?

  Written by Marc   Posted 5 June 2013

I work for a company that does not pay for medical aid for its employers. If I pay for medical aid out of my own pocket. Will I get a rebate? And how much do I need to pay for a medical in order to receive a rebate?

Big trouble! SOS

  Written by Marc   Posted 4 June 2013

Hi Tim - I stumbled on this website today and it looks very helpful!Owing to a number of reasons beyond our control and sheer overwhelm by a 'black swan'-type situation since 2005, both my husband and I were not able to resolve our business and personal tax situation to date. Could we use TaxTim to complete Tax returns backdated to 2005?Hope you can help!

I just want to know about my tax refund, I do have my tax number?

  Written by Marc   Posted 3 June 2013

Must I first get my IRP5 from my previous employer or what must I do? I haven't been notify yet by SARS.

Are Medical Insurance - Tax benefits?

  Written by Marc   Posted 3 June 2013

Please advise if you can claim tax benefits for paying Medical Insurance instead of Medical Aid. An example Oneplan insurance.

How much tax do I pay as a consultant and how do I go about doing it?

  Written by Marc   Posted 31 May 2013

I am a salaried employee (R8000 per month) and I earn a commission as well. (Amount varies every month). I also earn a consultant fee (R2000 per month and this will increase to R7000 per month at the end of June). My payslip does not reflect the commissions earned. The consultant fee is received from a completely different entity. How must I go about paying tax on all these amounts and how much will I end up paying? (I am currently taxed on the R8000 per month only).

Can I get a tax break on my life or disability insurance?

  Written by Marc   Posted 30 May 2013

I've recently become a patent and taken out life and disability insurance. Are there any tax rebates available on this?

Should I move my family's medical aid into the higher earners name?

  Written by Marc   Posted 30 May 2013

My wife is the main member on my family's medical aid, but she earns less than me. If I moved the policy into my name, could we save more tax because I'm in a higher tax bracket?

What to do with following expences whilst renting out student accommodation (commune)?

  Written by Marc   Posted 30 May 2013

Part of Personal income.
1. Do I enter bond payments for the property anywhere?
2. What about security payments to Chubb?
3. What about Furniture & appliances - all rooms are furnished.

Calcultion of only 5 days worked by a monthly paid employee?

  Written by Marc   Posted 30 May 2013

normal monthly salary = R5000. employee has worked from 27 May to 31 May ie 5 days. How much pay must be paid? and how much UIF must be deducted?

What is an ITR14, who should complete this, and when is this completed?

  Written by Marc   Posted 30 May 2013

Hi TaxTim, Who should complete and when to complete an ITR14. What exactly is an ITR14, and how different is this from an IRP6 Provisional Tax Return?

I need help with my tax - never done it before?

  Written by Marc   Posted 30 May 2013

Hi I need help please, I got an IRP5 form and I don't know what to do? Never done this by myself - need assistance in what I need to be doing with this form.

UIF is levied at 1% of your taxable income, at most R148.72/month".

  Written by Marc   Posted 29 May 2013

What do you mean by the above? Does it mean that the maximum UIF deduction is R148.72 per month off any given salary? i.e. R17,978 CTC salary - I must not deduct more than R148.72 for UIF? Thank you.

Own private practice tax?

  Written by Marc   Posted 29 May 2013

Can you help / guide me with doing my tax return for my own private practice? I won't be having any employees. And how much will I know must I set aside each month to pay taxes?

How much income tax will be deducted from wages of R24 000 a month?

  Written by Marc   Posted 29 May 2013

How much tax will be deducted from wages of R24 000 per month?

I am owing SARS, but they owe me a refund, now what?

  Written by Marc   Posted 28 May 2013

I am owing SARS an amount of R 1000.00 and there is a refund due to me in an amount of R 8000.00 , I have made arrangements as to how to pay the money owed to SARS. My question is can't SARS actually minus the money I owe them from my refund although an arrangement has been made? I was actually told that I would not receive what is due to me if I don't pay the outstanding money.

Lastly how long does it take for SARS to pay your refund if you have submitted via e filling .

How my tax do I pay if I start a business along with my regular job?

  Written by Marc   Posted 28 May 2013

I am employed full-time. How do I calculate the tax that I need to pay for the money I earn working freelance? And where do I pay it?

Re-reimbursement for company travel?

  Written by Marc   Posted 27 May 2013

Hi for the first time I am confused, I own my own car and last financial year I did about 18200 business km and 8100 private km my company refunds business travel at 2 rand a km I keep a log book but not receipts for fuel and repairs is there anything I can claim for?

Tax number for a retired person with Residence Permit?

  Written by Marc   Posted 22 May 2013

How can I get a Tax number in SA when I don't have an income in SA?I have some interest income from my bank in my origin country, they claim I need a tax number in SA.How can I register to get that?

Time frame for SARS tax refund?

  Written by Marc   Posted 22 May 2013

I received an IT34 to advise me that SARS have completed an audit on me and owe me money. How long does it take for them to pay out?

How do I calculate fringe benefit tax on my vehicle?

  Written by Marc   Posted 21 May 2013

vehicle was purchased 2009 on hp, value including vat R433000.00 deposit R95000.00, financedamount R379000I use the car daily to go to work/home but am on clients sites most days for business.not sure how to work out paye monthly on this?rose

How many years of back-tax can you claim for?

  Written by Marc   Posted 20 May 2013

I've been working part-time, although it is practically full-time, for the past five years. The work pays 25% of my incoming salary to tax. As I understand it I can claim for a portion of this money back, but have failed to do so in the past years. I just want to know if I can claim for previous years worked as well and what I will need to claim this. I do have my IRP 5's from the years of 2010, 2011 and 2012, 2013 not being out yet. Please help!

False Vat Number?

  Written by Marc   Posted 18 May 2013

Hi Tim, We used a False Vat Number but since then registered for VAT, we have amended all our invoices to the clients. What are the implications of using a temporary false vat number?

We have amended the invoices to not include vat until we get our VAT number, should we submit these to the clients and run the risk of having to pay back the VAT or should we wait till we receive our vat number and then re-submit the invoices with our new vat number on ? Please can you offer some advise ...

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Is it possible that SARS can tax my salary without filling any form?

  Written by Marc   Posted 18 May 2013

SARS have been deducted my moneny withouth informing me first

late submit and refund, now what?

  Written by Marc   Posted 18 May 2013

We only found out in April that our tax forms for 2010 and 2011 were not submitted so we did it and got a refund on that 2 years. So submitted the 2012 tax forms but on this one we own SARS money we paid it! So for 16 days we waited for the refund money we call them Friday and they said we need to bring them the deposit slip and we must pay the penelty before they can refund us, but by my understanding that penelty will be taken for the money that they own us or do we have to pay the penelty and...

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Garnishee order from employer

  Written by Marc   Posted 17 May 2013

I've got a problem, I owe SARS R3000 and my employer is deducting the money about R250 for garnish, and now I must submit my IRP5 form for 2008 and 2011 which they didn't give me. So I want to know who's wrong there.
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