Would like to have a trial run without submitting a returns.

Written by Marc
Posted 14 November 2014
I do not want to submit for this past returns.
However I would like a trial run to see what I need for the next one.
Can holiday bonus be taxed?

Written by Marc
Posted 14 November 2014
Can SARS tax your holiday bonus???
tax number what is need to do it?

Written by Marc
Posted 13 November 2014
It's my first time doing a tax number what is needed for me to have a tax number?
Accrued Interest on my income tax return?

Written by Marc
Posted 13 November 2014
Do I submit 'accrued' interest with my interest paid when completing my tax?
Selected for audit and need tax clearance certificate?

Written by Marc
Posted 13 November 2014
I have been selected for a SARS audit. I need a tax clearance certificate to continue my business, but it appears that SARS will not issue one. Where do I go from here? It would appear I go out of business because I have been told by SARS that the audit process takes anywhere from 3 to 12 months to complete. Is there anything I can do?
Medical aid claims

Written by Marc
Posted 13 November 2014
Myself and my wife are on the same medical aid. She is the main member and pays for it every month.
Myself the dependent have many medical expenses that where not paid out by the medical aid. Do I claim for these medical expenses on my tax return or should she as primary member claim?
Must amount of R2,15 payable to Sars be paid?

Written by Marc
Posted 13 November 2014
My net amount payable for tax assessment is R2,15. Must I pay this amount?
I have lost my IRP5 form can you guys help me without it?

Written by Marc
Posted 13 November 2014
I have lost my IRP5 form can you guys help me without it?
Where do I enter the capital gain for unit trusts on my tax return

Written by Marc
Posted 13 November 2014
I have an IT3c unit trust provisional consolidated capital gains tax certificate in front of me. I need to fill in the capital gain for my unit trust under code 4250. I believe I need to select the last question on the first page saying - have you received any additional income. From there it gets rather confusing because it asks me under capital gain what assets and how many I have disposed of? Where do I just fill in the capital gain for unit trusts? If I say that I have disposed of assets and...
Read more →
Am I still required to lodge tax returns in South Africa?

Written by Marc
Posted 13 November 2014
I am a South African citizen who has been living overseas for several years. I left South Africa before registering for a Tax File Number and I have never lodged a return there. I have been working overseas and paying tax over here to the tax office. My question is, should I have been lodging tax returns in South Africa for all these years? Are there penalties or fines for not lodging a tax return for all this time in my case or will I be able to go through the 'formal emigration' proc...
Read more →
Web Development source code for eFiling

Written by Marc
Posted 12 November 2014
I've did some freelance web design and development in the last tax year and so now have to declare it on eFiling. No IRP5's or anything formal like that, so I've added it under Local Business, Trade and Professional Income. My problem is that I don't know what source code to use. eFiling gives a pop-up that allows you to select something, but nothing relates to website development (I'm not even sure what Trade Section to use). The list of source codes on SARS website also turned up nothing.
...
Read more →
Why didn"t the company show provident fund on the IRP5?

Written by Marc
Posted 12 November 2014
I want to know about the provident fund (4003) its not shown on my IRP5 that I get from the firm.
How will the tax man know that I pay provident fund when its not shown on my IRP5.
I want to have a tax return claim with TaxTim?

Written by Marc
Posted 12 November 2014
I'm a worker and I want to claim my tax returns
Home office space deduction for tax purposes on my ITR12?

Written by Marc
Posted 12 November 2014
I have a small business. How much can I deduct for office space? My home is 800m2, using 80m2 as real office space. My homeloan deduction is R42 000 (R22 000 interest)?
Spectacles cost balance as a physical impairment.

Written by Marc
Posted 12 November 2014
Is the balance of the cost of prescription spectacles classified as a physical impairment?
I don't wish to submit using TaxTim, how can I change the settings?

Written by Marc
Posted 12 November 2014
I would rather submit my tax return manually.
How do I now change the initial choice I made when asked?
Should my employer deduct tax from my monthly salary of 10 000 rand?

Written by Marc
Posted 12 November 2014
My annual salary is less than 150 000 rand. do I have to pay tax?
Should interest on your home loan be deducted from your rental income?

Written by Marc
Posted 12 November 2014
Trying to complete the rental income sections: Did you incur any expenses while earning this rental income?
Does interest on the home loan need to be included here?
Which amounts exactly?
If you are currently on a 3 month contract which started on October and ends December, must I regist

Written by Marc
Posted 12 November 2014
If you are currently on a 3 month contract which started on October and ends December, do you still register for tax?
Claiming for medical aid not in my name

Written by Marc
Posted 12 November 2014
If my and my wife's medical aid is in her name, but I pay the contributions every month, can I claim back when I submit my tax returns?
Wear and tear and petrol claim on my ITR12?

Written by Marc
Posted 12 November 2014
Can I claim for wear and tear on my vehicle even though I am an employee and work at the office from 9 to 5 daily? Can I also claim for petrol and if so how would I calculate this?
Contract work (Freelance administration)

Written by Marc
Posted 12 November 2014
I am a contract worker and I have worked for two different companies this tax year. The one company submits an IRP5 for me which makes my life easier, but the other company I worked for did not issue an IRP5 so I need to add that income to my Tax form, can you help me please?
does interest paid on a loan offer tax relief in business..

Written by Marc
Posted 12 November 2014
does interest paid on a loan offer tax relief in business..
Do I have to file a tax return?

Written by Marc
Posted 12 November 2014
I need a clarity on tax return, I am earning less than R250 000.00 per annum. Is it possible for me to claim tax return?
petrol, train & bus

Written by Marc
Posted 12 November 2014
Can an employee claim for the petrol they use to go to work each day? What about train fare or bus fare - can this be claimed too?
Older posts →← Newer posts
184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204