Written by Marc
Posted 20 November 2012
Two of my stepchildren have brain irregularities, one Dandy Walker syndrome, the other Landau Kleffner Syndrome. I have never claimed for any medical or other expenses ito these two children which are dependants on my medical aid. However when the one with DW Syndrome turned 21 I had to go through the motions of proving his dependance to keep him as adult dependant on my MA. Then I was told to indicate on my tax return that I have a disabled dependant. Question is, what is the procedure to claim...
Written by Marc
Posted 20 November 2012
Written by Marc
Posted 20 November 2012
I hope you can help me - my question is two-fold. My wife was working for the 2011/2012 tax period earning R3000-R4500 (as a salary). Do we need to submit a tax return for her? Since June this year she has started her own photography business from home (her only income) - we keep track of all expenses etc. Does she pay tax on the income or on the profit she makes? Does she need to register as a provisional taxpayer (the company is not registered & she trades under her own name)? If so is it ...
Written by Marc
Posted 20 November 2012
Written by Marc
Posted 20 November 2012
Written by Marc
Posted 20 November 2012
Written by Marc
Posted 20 November 2012
Written by Marc
Posted 19 November 2012
Written by Marc
Posted 19 November 2012
Written by Marc
Posted 16 November 2012
Written by Marc
Posted 14 November 2012
Written by Marc
Posted 13 November 2012
Written by Marc
Posted 12 November 2012
Written by Marc
Posted 12 November 2012
Hi Tax Tim, thank you for a very informative website, I've learnt a lot!
My question is this: which option is more tax beneficial?
My situation:
My wife and I are both principle members of the same medical aid, with a baby on the way. My understanding of the new tax credit rules for 2013 would imply that it doesn't really matter how we as a family structure our medical aid. Be it as 1 principle member and 2 dependents, or 2 principle members and 1 dependent. Is this correct? The new rules disregard the fact that I am in a higher tax bracket as well...
Written by Marc
Posted 12 November 2012
Written by Marc
Posted 9 November 2012
Written by Marc
Posted 8 November 2012
Written by Marc
Posted 6 November 2012
Written by Marc
Posted 6 November 2012
Written by Marc
Posted 6 November 2012
Written by Marc
Posted 6 November 2012
Written by Marc
Posted 6 November 2012
Written by Marc
Posted 6 November 2012
Written by Marc
Posted 6 November 2012
Written by Marc
Posted 6 November 2012