I have submitted my return and my medical aid which I pay for my wife and child was disallowed. After carefully looking into the notes I found that I had incorrectly stated on my IRP that I am married out of community of property instead of in community of property. Please can you advise me on how to change this as I have already been audited and I cannot request a correction?
I had a cellphone that I was calculating depreciation on. However the phone broke and I now have a new phone which I will claim depreciation on. For the previous phone, am I able to claim the remaining deprecation amount (that I would have been claiming on in coming years) in the current tax year?
I have just registered my pty Ltd this January 2017 and I need know what tax should I collect for SARS when invoice clients for the products I will be selling. When I registered my company at CIPC I received a doc from SARS for the company named income tax., do I use this when invoicing on the place of VAT is this the inc Me tax I should collect for SARS from clients? Thanks
I've changed cars during the tax year, how should I handle my travel allowance calculations and log book? 1) How would I should I go about maintain my log book? should I keep a different one for each vehicle. 2) I have also leased a vehicle whilst waiting for my new vehicle, how should this be recorded? 3) How should I cater for my new Vehicle in my tax return if the new vehicle cost is greater than my old vehicle?
This query relates to question 4862 "Please enter the S12E accelerated depreciation allowance which the company can claim. Use our handy SBC calculator to help with your workings." in the Income statement section.
My wife and I have a property registered in both of our names that we would like to rent out. Will this income be taxed in both of our names (i. E. 50% to each of us) even if the actual income is only deposited into my bank account?