What happens if you do not pay tax?

  Written by Marc   Posted 21 January 2013

My previous employer said that I do not earn enough to pay tax, I have just recently found out that even if you do not pay tax there are some administration fees that have to be paid in. I never knew this so will there be any penalties that I have to pay and will I get into any trouble with SARS for not paying the administration fees.

How do i declare commission based income?

  Written by Marc   Posted 19 January 2013

A family member is a running the contract in my name, I went to study so they took over. The income is commission based and approx 15k a month. They using their own personal vehicles to run the contract and have a few people that works on a casual basis. How do I declare this income? And how will I declare the expenses? I just started working and earns 80 per annum which is taxable course.

How do I find out if I'm registered with SARS or not?

  Written by Marc   Posted 18 January 2013

My previous employer said that I did not earn enough to register for tax, but there were some forms that I filled in from SARS so I just need to find out if I am registered or not. My current employer want's my Tax no.

How do I proceed with a tax directive? (One associated with my ex employer & from the pension fund)

  Written by Marc   Posted 16 January 2013

I retired on 30th June 2012 and received a SARS Tax Directive that states that "tax amounting to R0.00 is to be deducted from the gratuity / lump sum payment of R308732.65." What use does one make of this tax directive? Am I correct in assuming that this amount is to be subtracted from Income received (Codes 3697 & 3698). Is it still possible to submit my return via the provisional tax electronic medium; or will I now have to file a return manually at the end of February 2013?The p...

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What is the amount that I will receive for medical tax credits?

  Written by Marc   Posted 16 January 2013

If I receive R12350 CTC per month, and I pay a hospital plan of R1200 per month, can I get a tax credit?R500 for myself, R700 for two dependants.

How do I go about starting a business?

  Written by Marc   Posted 16 January 2013

Morning... I'm thinking of starting my own business - what should I do first? How much must the business earn per month to pay tax?

Please advise cost if you completed my annual tax return and provisional tax returns?

  Written by Marc   Posted 15 January 2013

Please advise cost of completeing my annual income tax return and also provisonal tax returns

Tax refund/rebate dating back to about 7 years

  Written by Marc   Posted 13 January 2013

I have heard so many great things about you, I hope you can assist me too. Until today, I was not aware that one can actually contact SARS directly to enquire about a possible refund. I have always been under the impression that they would contact or notify the taxpayer and then mystified when they actually did not.

My tax documents are always submitted automatically by my employer. I finally dragged myself to the nearest SARS office and registered as a tax payer in 2010. Now, my que...

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What is the difference between a levy and tax?

  Written by Marc   Posted 12 January 2013

What is the difference between a levy and tax?

Can I get a copy of my IRP5 via email?

  Written by Marc   Posted 11 January 2013

I need a 2012 IRP5, can I ask SARS to sent me one via email?

I received statement of account from SARS, what does it mean?

  Written by Marc   Posted 10 January 2013

My statement of account :assessed tax and at bottom it does give me refund advice does that mean that the process has been completed and that I should receive my refund?

I received a donation from a non-resident relative.

  Written by Marc   Posted 9 January 2013

Is this donation taxable in SA?

SARS appointed my employer as agent?

  Written by Marc   Posted 7 January 2013

According to SARS I have penalties of R22 250. I only discovered this recently after becoming more educated about the whole tax thing and investigated my own SARS status etc. Naturally I had to update my details and they now know where I work. 3 weeks ago, my employer received a letter saying something about appointment of agency and that she had to pay R1 500 per month over to SARS, in order to pay the penalties. Around the same time I went to SARS offices to log a dispute re the penalties and...

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Is the sale of a business taxable?

  Written by Marc   Posted 7 January 2013

If I were to sell a business, would I pay tax on the sale price? and if appropriate, how would this tax be calculated?

I just receive a salary and receive car allowance - why do I have to pay in tax?

  Written by Marc   Posted 3 January 2013

I find myself having to pay extra tax in every year, last year 2500 and this year 6000. Why?

What is my claimable medical contribution as a pensioner?

  Written by Marc   Posted 3 January 2013

I am a pensioner and my part of my medical contribution is paid by my pension fund from my previous employer. I don't see any of this reflected on the IRP5 from my pension fund, but I do get a medical certificate from Discovery indicating the full contributions, along with a letter from the pension fund indicating what was paid by said pension fund.

What is claimable? The full contribution, or only the amount that I pay?

Retired and not earning an income

  Written by Marc   Posted 3 January 2013

Hi Tim, I am retired and the only income I get is from my pension every month, do I still need to submit a Tax Return?

How much tax do I have to pay if I earn R6500 per month?

  Written by Marc   Posted 3 January 2013

Hi Tim, I'm 26 years old and I work as assistant manager at restaurant. I'm aware that I pay tax but I'm not sure how much tax do I have to pay every month. How much tax you should pay if you earn R6500 p/m?

Changing jobs during the financial year

  Written by Marc   Posted 3 January 2013

What happens if I change jobs during the financial year? How will my tax be affected?

Fringe benefit tax on company car

  Written by Marc   Posted 3 January 2013

Hi Tim,

I have driven a company owned and paid-for motor vehicle so pay fringe benefit tax based on the value of the car when it was purchased (new). Should that value be adjusted as the motor vehicle is no longer worth that much? How do I go about it to ensure it's always up to date? Thanks a mil!

My employer has asked me to get a SARS tax number

  Written by Marc   Posted 3 January 2013

This is the first time I have a job, please I am asking for tax number.

Did TaxTim make a mistake on my return?

  Written by Marc   Posted 3 January 2013

On the question of medical expenditure I answered YES plus the amount. On the return Tim filled in NO and no amount. Also on Tims questions on retirement annuity I filled in YES plus the amount, and on the return tim filled in nothing, this had a bad effect on my return, how do we correct it?

Tax return assessment results - what does this mean?

  Written by Marc   Posted 3 January 2013

I have received this SMS from SARS:

"Thank you for filing your 2011 tax return Assessment Result: R0 Account Balance: R-2574 Selected for Audit: No"

What does it mean?

Hired on contract and permanent later

  Written by Marc   Posted 3 January 2013

Hi Tim

Last year I was on contract from May 2011 till Nov 2011, later the same employer made me permanent. I received an IRP5 showing that I've only been employed from Dec 2011, I went to HR to ask about it and they said it was correct, therefore I submitted all the information on eFiling as it is on my IRP5. I have received a letter from SARS that they want supporting documents, and I have submitted the documents. I would like to know if was there anything I needed to do before fini...

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I've gone through the entire process but have to fill the mising info on page 1 and 2.

  Written by Marc   Posted 3 January 2013

How do I go about filling this in as the page would not allow any edits to be done?
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