Do I need to register as a taxpayer as I am a temp and I think I am earning below the bracket ?

  Written by Marc   Posted 29 October 2012

I see on my salary advice that there are no tax deductions.

How do I submit income tax? How do I calculate income tax?

  Written by Marc   Posted 16 October 2012

Hi

I need to submit my income tax for 2012 and how do I calculation my tax and complete the income tax form?
My monthly salary package is R13000 with pension fund incl. (I paid -R890 and company paid -R1210 show on payslip)

Travel allowance (R1000 per month)

So it's R13000 (incl. pension fund) Travel allowance R1000 = R14000 Gross income
And I also paid medical aid by myself ( -R960 for myself , -R1100 for my father and -R1100 for my mother) from my own pocket....

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How much tax do I get charged on a R10000.00 salary?

  Written by Marc   Posted 14 October 2012

I would like to find out on a R10 000 salary, how l much tax would be deducted and would I be eligible to claim tax in the future?

How does the tax on medical aid contributions appear on my IRP5?

  Written by Marc   Posted 14 October 2012

I am a pensioner and the company I worked for pays my medical aid contributions in full. When I call up my file on efiling, the prepopulated fields are (3810) and (4005) with a "1" and field (4474) with the full amount of the contributions paid by the company. Is this correct? I do not receive a pension from the company.

What is the Retirement Annuity Fund contribution deduction limited to?

  Written by Marc   Posted 14 October 2012

Taxable income before RAF deduction is R100 000 per annum. RAF contributions are R1200 per annum. (Is the RAF deduction limited to actual RAF contributions?) Please advise what RAF deduction I can used in my tax calculation?

How can you change login details for eFiling?

  Written by Marc   Posted 14 October 2012

I am unable to visit the branch as im abroad and their response was I need to visit their branch to be assisted to reset both my password and username. Is this true?

What do the sms' from SARS mean, once I have submitted my returns?

  Written by Marc   Posted 11 October 2012

I have submitted IRP5 forms from 2009 and have received four SMS's stating the following 1st SMS "thank you for filing your 2009 tax return result -R534 acc balance -R985." 2nd sms for 2010 return results "-R300 account balance -R451." 3rd sms for 2011 assessment result "-R151 acccount balance -R151." The 4th sms for 2012 assessment result "R0 account balance R0." Please explain what do these sms's mean and what does it mean on the sms when it says, "audit:no?"

Sole Proprietor, Importing and Tax?

  Written by Marc   Posted 10 October 2012

Hi Tim

Hope you can help me as I'm having a hard time finding the correct information.
I would like to start importing small quantities of goods, for resale, into South Africa as a Sole Proprietor. Now as far as I can tell I will need to complete the following forms at SARS to get an Importers Code: DA185 and DA 185.4A1.

Now the thing is I don't have a tax number etc because I've just finished my studies and I'm just starting out as a Sole Trader, and from the looks of it the DA185 form requires that information....

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Will I need to complete a tax return this year?

  Written by Marc   Posted 2 October 2012

I have just started work for the first time on the 1st of August 2012. Do I need to still do a tax return for this year?

Is information on an IT3(a) filled in in the same manner as that on an IRP5?

  Written by Marc   Posted 28 September 2012

I'm struggling with how to deal with Annuities

What does an sms from SARS with two minus figures mean?

  Written by Marc   Posted 28 September 2012

Hi I've received an sms from SARS with two amounts with a minus sign in front of it, what does that mean? Do I owe SARS that money?

How do I treat a medical aid tax credit with regard to employer paying whole med aid which is includ

  Written by Marc   Posted 25 September 2012

I am an employee that has my employer paying my med aid in full, but it is included in my overall package. So technically i still pay for it. How do the calculations work out. The contribution is R 1356 pm. Before we were working out what was paid, minus the capped amount and allocating the diff. I have to do the interim recons for Sars and have no idea how the tax credit system will affect me. I am the only one in the company that is structured like this. Please help...

Proper apportionment of fuel and right of use for vehicle

  Written by Marc   Posted 25 September 2012

Hi there i had right of use of car and i paid for all of my petrol. I would like to know how to differentiate this on your website as it initally asks me my personal BUSINESS expenditure which i have apportioned and put the net amount in that block but then it subsequently asks my personal expenditure I incurred for right of use. Does this line item refer to insurance costs or must I retype my ENTIRE petrol expenses ie including private expenditure.

Is UIF contribution included in taxable income?

  Written by Marc   Posted 25 September 2012

Is UIF contribution included in taxable income and how is it applied?

I am 64 years old, what is the taxable threshhold for a tax year?

  Written by Marc   Posted 25 September 2012

How much money can I earn in a year before I will be taxed by SARS?

Where do you include amounts

  Written by Marc   Posted 25 September 2012

Where must we include rental income, purchased annuities, exemption of capital portion, tax payers information, RAF S11(n)?

What happens if I've earned foreign income?

  Written by Marc   Posted 25 September 2012

I qualify to have my income classified as foreign income, but am unsure of the disclosure of this on my tax return.

How can SARS reverse my tax refund for 2006?

  Written by Marc   Posted 25 September 2012

Please could you assist, SARS has now done a re-assessment on my TAX year for 2006, I initially got a refund from them now they have taken it off. I can not go back and get my IRP5 forms as I was working on a project with the company. I was initially using my sister in law to handle my tax but she has made a big mess up. I would like to know how can they re-asses my TAX and tell me I was wrongfully given a refund. With that been said they have no reduced my refund for 2012 from R11K to less than...

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Remuneration R31452.00 included in assessment

  Written by Marc   Posted 25 September 2012

Adjustments were made in the calculation of taxable income

Can I claim back contributions from past returns already filed?

  Written by Marc   Posted 25 September 2012

I just realised that I haven't claimed any money back on my disability cover contribution and RA contributions dating back to 2008.
Can I still claim money back for the years I've missed?

How should I structure my travel allowance?

  Written by Marc   Posted 25 September 2012

I have regesterd a small business and are drawing a salary as an employee. I travel a lot for the business. Should I ad a travel Allowence to my salary or have the business deduct it from it's tax and if I could ad a travel allowance what is the maximum and what can be payed from this allowance, eg petrol, maintenance and car payments.

Should I produce a log book at the end of the tax season or every month.

Which way is the most cost effective

I claim medical aid but medical aid not in my name, am I allowed to do this?

  Written by Marc   Posted 17 September 2012

I pay the monthly medical aid fee but the medical aid is in my spouse's name. I want to claim this as he does not pay tax, is this allowed?

Im having problems with claimig my km im a Rep and travelled about 60 000km

  Written by Marc   Posted 17 September 2012

I seem to be having a problem with claiming mu Km this year as last year I only travelled about 30 000km and apposed to this year I travelled 60 000 and the amount that I seem to be able to get back is less than half of last year?

When is eFiling for provisional taxpayers to be done?

  Written by Marc   Posted 17 September 2012

Hi Tim,
Even with e-filing, do I still have to submit my provisional tax by 31 Aug. I thought it was 28 Nov for e-filing. Please advise. Many thanks

What attachment do I need when submitting to eFiling?

  Written by Marc   Posted 17 September 2012

Do we need to attach something when we do eFiling on line lile irp5 and medical tax certificate?
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