Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
I am 67 years of age and a pensioner. In terms of the 2015 tax year how is the deduction in terms of Medical Aid contributions been calculated. Example:
Annual contributions to my medical aid fund = R24,000
Med expenses (Dr precriptions) paid out of my pocket = R2000
Previously in terms of my age above 65y, I have deducted my med. Contributions premiums, as well as my med expenses paid out of my pocket(prescriptions) as well as med expenses paid by myself and reflected on my medic...
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015
I have been developing and maintaining various software throughout the past 4-5 years, I earn a income on the sale of 1 year licenses of these software and declare it as part of my normal monthly income and pay normal income tax on this. I have however been approached by a company wanting to buy the software and all the rights to it from me, how will taxation work on this? I am already being taxed to oblivion and beyond on the sales as I declare it as part of my normal income, would hate to have...
Written by Marc
Posted 24 May 2015
Written by Marc
Posted 24 May 2015