Do I pay tax if am working for NGO?

  Written by Marc   Posted 14 November 2014

I am working for NGO, I am currently earning 8000, do I have to pay tax?

How long does it take for new bank details to be verified?

  Written by Marc   Posted 14 November 2014

How long does it take for new bank details to be verified? I went into a SARS branch and submitted all documents, and received a confirmation email saying that my 'updated registered particulars can be viewed on efiling'. However, my bank details have not updated on efiling, and it won't let me submit my return until the new details have been verified. Tax returns are due next week Friday

When do you file the first and second period of the IRP6 form if you only opened in Nov 2014?

  Written by Marc   Posted 14 November 2014

If you left work in February 2014 and started your own small business in August 2014 but you only changed from a non provisional taxpayer to a provisional taxpayer in November 2014. When do you file the the first and second period of the IRP6 form?

Depreciation Disallowed?

  Written by Marc   Posted 14 November 2014

On my previous ITA34 SARS said that the amount refundable to me was R-6153.46 (there was a depreciation value of R2533.00 for a laptop that I use for work purposes). Now I have received a new ITA34 assessment stating that I owe SARS R633.25. The statement says DEPRECIATION DISALLOWED.

I sent them the original purchase tax receipt for the laptop, was I supposed to send them something else? What must I do now?

IRP5 form reflecting less periods than worked, but correct remuneration.

  Written by Marc   Posted 14 November 2014

My company was acquired by 24.com halfway through last year.
On my IRP5 form it lists 4 periods since we were taken over, but only 6 periods for the time prior to that instead of 8 to make up the full 12 tax months that I was working for.

The remuneration is correct and reflects my payment for all 12 months, but with only 10 periods reflecting and not 12, I am nervous SARS will assume I am paid more monthly than I actually am and move me into a higher tax bracket or claim more tax from me? Please can you advise, I want to submit my IRP5 in time but not its financially detrimental to me and my other colleagues and payroll doesn't seem to know what's potting. ...

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IRP5 not applicable but SARS keeps asking to rectify?

  Written by Marc   Posted 14 November 2014

My salary earned is outside SA, I reside outside SA for the past 13 years.
After completing the questions the system requests IRP5 which I do not receive.
Please advise

do I have to fill in ITR-DD every year

  Written by Marc   Posted 14 November 2014

do I have to fill in itr-dd form every year

Rebates calculation

  Written by Marc   Posted 14 November 2014

How does the rebate on your assessment get calculated?

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...

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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...

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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.
...

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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?
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