Written by Marc
Posted 19 January 2015
Written by Marc
Posted 18 January 2015
Written by Marc
Posted 16 January 2015
Written by Marc
Posted 16 January 2015
Written by Marc
Posted 16 January 2015
Written by Marc
Posted 16 January 2015
Written by Marc
Posted 16 January 2015
Written by Marc
Posted 15 January 2015
Written by Marc
Posted 15 January 2015
Written by Marc
Posted 15 January 2015
Written by Marc
Posted 14 January 2015
Written by Marc
Posted 14 January 2015
Written by Marc
Posted 14 January 2015
I am a permanent salaried employee, I use my personal vehicle for business purposes, my company pays for my fuel, but I only recently started receiving a travel allowance, it has been worked into my current package so I don't get paid more it has just been incorporated into my salary package.
My question now is, will I be able to claim for the maintenance as per SARS calculation and my logbook? I have been using my vehicle since the start of the tax year, but as mentioned only starte...
Written by Marc
Posted 14 January 2015
I was permanently employed at my previous employer for 8 years. I am with my current employer for 10 months now and have been retrenched. I was fortunate enough to find employment beginning immediately after my retrenchment.
My current earnings are R12k and will be the same at my next employment. How do I go about claiming for a tax credit ( changing jobs makes me applicable from what I've researched)? How do I do my next tax returns with two employer tax certificates (I think it's c...
Written by Marc
Posted 14 January 2015
Written by Marc
Posted 13 January 2015
Written by Marc
Posted 13 January 2015
My RA allows me to make a top-up payment at any time.
Please can you tell me how to calculate the optimum lump sum amount I should pay into my RA in order to obtain the maximum tax advantage for the 2015 tax year?
I earn R60,000 per month before deductions and I should receive 2 more pay cheques before year end. My income for the tax year to date is R542,283.65 (Gross remuneration on latest pay slip). Therefore income for the year will be R662,283,65 as well as rental income of R55,000 coming to R717283,65....
Written by Marc
Posted 13 January 2015
Written by Marc
Posted 13 January 2015
Hi TimI filed my wife's tax return on 20/11/2014. SARS then requested supporting documentation which we provided. In mid December they issued us with a completion letter stating that they would not be amending our return but that they retain the right to do so in the future. This was followed up with a Statement of Account on December 24th. We are yet, however, to receive any refund from SARS. When I log onto e-filing, the status says "Return - data submitted to ITS"I am unsure ho...
Written by Marc
Posted 12 January 2015
Hi, I've been living in the UK for 6 years and want to return to South Africa at the end of the year. I have a private pension here in the UK. It's not worth much - probably under £10,000. I would like to find a way to 'cash out' this pension in the most cost effective way. I'm nowhere near retirement age - I'm 33. From what I can find on the net, it seems like I would need to transfer the funds to an SA pension provider. Is this really required? Is there any way ar...
Written by Marc
Posted 12 January 2015
A widow whose husband was employed in Germany now lives in SA. She receives her late husband's pension. Germany want to back date tax on her pension paid to her in SA - back to 2006.
We are aware that there is no tax in SA on foreign pensions. Is it fair then to tell the German authorities that the widow taxpayer IS registered in SA for tax, so they must NOT tax the pension at source ?.
All the articles talk about no tax in SA on these pensions but don't seem to address the issue of w...
Written by Marc
Posted 11 January 2015
Written by Marc
Posted 11 January 2015
Written by Marc
Posted 10 January 2015
Written by Marc
Posted 9 January 2015
Do Your Tax Return Easily