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?

Interest on late refund from SARS?

  Written by Marc   Posted 12 November 2014

In response to your blog entry "What?%u20AC%u2122s the delay with getting my SARS Refund?". When and how does SARS become liable to pay interest on late refund payments? Surely there must be a mechanism to keep SARS honest when it comes to keeping our money and delaying our refunds?

Provisional Tax?

  Written by Marc   Posted 12 November 2014

What is provisional tax and am I a provisional taxpayer?

Transfer provident fund

  Written by Marc   Posted 12 November 2014

I resigned from my job at the end of December 2013 so that I could study this year. I transferred my provident fund (momentum funds at work which was mandatory company group benefit scheme) to Allan Gray provident preservation fund. I now see that there is a new form (IRP5/IT3) on my ITR with the details of the transfer (income received 3920 and gross non-retirement income received 3698).So the question is am I going to get taxed on this or how do I indicate that it was a transferred to a new fu...

Read more →

Med aid and RA on my IRP5?

  Written by Marc   Posted 12 November 2014

The amount on my IRP5 for code 3810/4005/4474 (all the same R23022) but more than the amount indicated on the medical aid tax certificate (R22092). Which amount do I use for filing purposes.

Also, I contribute to retirement annuity privately and for the period 1 March 2013 - 28 February 2014 paid R17080. do I put the same amount for code 4006/4007?

Getting tax number

  Written by Marc   Posted 12 November 2014

How do I get my tax number

Car trade-in a Capital Gain for tax purposes?

  Written by Marc   Posted 12 November 2014

I traded my car in for a new car. The sales price was R10,000 more than I owed the bank, so the dealer gave me a R10,000 discount on the new car, i.e. I didn't physically receive the money.

Do I need to register this under Section 7 - Capital Gains - and if so, how do I calculate the base cost?

I resigned and did not notify SARS about it

  Written by Marc   Posted 12 November 2014

Good morning. I resigned from my work this year February and I didn't visit or notify SARS about this and so I don't know maybe what I could've done because I also not go for tax return this season So I would like to know if I missing something in there?

Can I pay with a debit card and please help me out with using it.

  Written by Marc   Posted 12 November 2014

Can I pay using my debit card?

Depreciation/Wear and Tear

  Written by Marc   Posted 12 November 2014

Calculating Depreciation/Wear and Tear (note 47), does it apply to both provisional taxpayer and regular taxpayer ?Under which conditions can you claim for it ?
Older posts →← Newer posts    185  186  187  188  189  190  191  192  193  194  195  196  197  198  199  200  201  202  203  204  205