How long does it take for SARS to respond?

  Written by Marc   Posted 30 November 2013

How long does it take to get a message of whether I owe SARS or SARS owes me?

Tax on variable monthly income?

  Written by Marc   Posted 30 November 2013

My monthly salary varies as it is based on number of clients seen etc- does this affect the way PAYE is calculated? The PAYE I am getting charged is almost double the guidelines set out on the SARS table?

TAXATION OF DISABILITY PENSION?

  Written by Marc   Posted 29 November 2013

Please explain the taxation of monthly disability pension payments?Please explain the taxation of a lump sum disability grant/payment?

R54.00 and R459.00 due to me?

  Written by Marc   Posted 28 November 2013

I have just file my return for 2012 and 2013 so receive am sms saying -R54.00 for 2012 and -R459.00 is due to me, does that means I am owing sars?

VAT issues:registered vs non-registered vendors and correct manner of preparing invoice by non-reg?

  Written by Marc   Posted 28 November 2013

If a business is operating from home and provides basic bookkeeping services. Income generated is well below the VAT threshold and the client requires an invoice, what is the correct manner in which the invoice must be prepared by the bookkeeper? Client is a registered VAT vendor while bookkeeper is not.

Provisional tax payer - penatly?

  Written by Marc   Posted 27 November 2013

I submitted my tax return and was informed by SARS that I should be a provisional tax payer. Because I didn't register, SARS wants to fine me over R400,000.
What is the possibility of having that fine rescinded - I had not been informed by my previous tax consultant of my obligation to register as a provisional tax payer, and now I am being fined for it?

SARS have taxed me 2 years in a row for same IRP5 and will not accept my NOO as was not within 30 da

  Written by Marc   Posted 26 November 2013

SARS have used same IRP5 2 years in a row

How much UIF and PAYE is deducted on a monthly income of R11500?

  Written by Marc   Posted 26 November 2013

What is the net take home pay on R11500 pm?

What is the source code for share trading income (ie not capital gains)?

  Written by Marc   Posted 25 November 2013

In addition to my salary, I actively trade shares and cfds (a kind of derivative) and there is no doubt, in my case, that this activity is on revenue account and not capital. What source code should I use? I can not find an appropriate code in the SARS source code booklet.

Must I go to SARS annually or only if my annual salary is above a certain amount?

  Written by Marc   Posted 25 November 2013

I have never registered for tax as I have only now completed my first year with a job
How much do I have to earn to register for tax?

Do they take the primary rebate into account if you're on a provident fund?

  Written by Marc   Posted 25 November 2013

Do they take the primary rebate into account if you're on a provident fund?

At what age do I stop completing tax forms?

  Written by Marc   Posted 23 November 2013

I am an 84 year old widow. My late husbands investment and pension fund gives a income of R 67500.00 per year. Income from my investments give an income of R22 000.00 per year. I was de-registered about 10 years ago because I had no personal income. Will I have to register for 2013/2014 tax year.

Where on on the ITR12 do purchases like PC's under R7000 get filled in? And Internet Expenses?

  Written by Marc   Posted 23 November 2013

For Home office outlays where on the ITR12 form would I put R1400 spent on a new Hard Drive for my business computer and R4500 for a Laptop - do they go under capital expenditure?

And are 3G or ADSL Internet expenses added to telephone costs and put under the Telephone heading?

Why is the source code 4008 not displaying on my ITR12?

  Written by Marc   Posted 22 November 2013

I have medical expenses that were paid for by me and not recovered from the medical aid. Should this amount go under 4008? Why is the source code 4008 not displaying on my ITR12?

I need my tax number by urgently please?

  Written by Marc   Posted 22 November 2013

How do I get my tax number before 16:00 this afternoon?

Tax problems for traveling?

  Written by Marc   Posted 22 November 2013

From what year did you have to submit a logbook for travel allowance?

Who qualifies for tax pardon and what supporting documents are required?

  Written by Marc   Posted 22 November 2013

My mom is 73 years old and she has had some penalties from previous years that she has made arrangements to pay to SARS, last year she was advised buy an official at a SARS branch to apply for tax pardon as she can no longer afford the monthly payments to SARS. There has been no response.

Secondly, I have had a tax consultant who is helping my mom with eFiling for 2013 and he informed me that he could not proceed with the filling as he is asked for supporting documents. What does this...

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Claiming medical expenses for a child with a disability.

  Written by Marc   Posted 22 November 2013

In the case of a child with a disability : The father and mother are on separate medical aids. The child with the disability is on the fathers' medical aid so contributions paid by the father does qualify. My question now is when you do the mothers' tax return do you also state that she has a child with a disability or does only the father benefit in terms of tax deductions.

I need to get my tax number from SARS?

  Written by Marc   Posted 22 November 2013

I lost my IRP5 so need to find out my tax number so that I can register on eFiling.

Taxation as a non-resident - possibility of double taxation on income earned in a foreign country

  Written by Marc   Posted 21 November 2013

Dear TaxTimI worked 3 months (March - May 2012) of the 2013 financial year in South Africa (for which I have the IRP5, included in my efiling ITR12), the total amount earned was R24,850. Since then, from June 2012 to present, I have been employed on a full time basis and continuously present in Chile (the period exceeds the number of days required to qualify me as non-resident for tax purposes in SA - 183 days) - for all of the 2013 tax period, I have not paid tax on this income in Chile, due to...

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IRP5 has more than 8000 km booked on source code 3703?

  Written by Marc   Posted 21 November 2013

My employer books my business travel on 3703, however last year I traveled more than 8000 km (11 000 km). This has triggered an audit of my tax return and resulted in me having to pay full tax on the 3703 amount. To my understanding, I should object this and ask my employer to update my IRP5 to 3702, which I then send as a supporting document with my objection. Is this correct?

I have approached my employer, they say they are unable to change my IRP5 and I should simply pay the tax. I believe this is incorrect....

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August provisional tax amount?

  Written by Marc   Posted 21 November 2013

I'm starting provisional tax paying in Feb.2014

Please help me understand the provisional tax amount that I have to put in for when I do my AUGUST provisional tax in 2014.

In your guidelines for when doing tax in August, you say I must not put in my income for the past 6 months (from Feb to Augustus).

So what amount must I put in there? (The estimate amount that I THINK I would have made by 2015 then?)

Banking nightmare with SARS?

  Written by Marc   Posted 21 November 2013

My son has been sequestrated and have no bank account. Currently he is utilizing a savings account of mine where his salary is paid in and he can do his transactions.

On submitting his tax return by eFiling he changed the banking details to the above. However SARS will not accept and therefore will not pay money due to him.

Medical Expenses form - where do I find the RX number?

  Written by Marc   Posted 21 November 2013

I'm filling in my Medical Expenses form - I see it now asks for MEDICATION RX NUMBER. Where would I find this? And is it a different number for each purchase?

What deduction can be claimed under a 3717 housing subsidy allowance?

  Written by Marc   Posted 21 November 2013

What deduction can be claimed if I received a 3713 allowance and the allowance was for a housing subsidy and under what source code will I complete the deductible amount?
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