Money gift to friends, tax requirements

Posted 1 February 2017

If I make money selling my book (I pay my normal tax on the income) and then want to give cash gifts of R50 000 each to 6 of my friends who need the financial help, do they have to pay tax on the received amount or do I have to pay extra tax on the money I give away?

Tax for non executive directors

Posted 1 February 2017

How does tax on non executive directors works?

Do I have to pay additional tax for deducting my car from my salary before tax?

Posted 1 February 2017

How does deducting your vehicle from your gross salary affect your tax. The vehicle purchased is for personal use however we have the option of deducting it directly from our salaries before tax.

How long before I get my funds owed to me by SARS

Posted 1 February 2017

SARS used my pension lump sum to pay my administration penalties balance. I have however since this submitted the returns and SARS now owe me an amount. Do you perhaps know how long this could take, as I called them yesterday and they said that all queries on my account was finally resolved.

eFiling says my return have not been submitted

Posted 1 February 2017

I submitted my tax return at the SARS office in October but eFiling keeps telling me that my return is outstanding. Do you know if I need to submit via eFiling again?

Never filed a return, can I still do it now?

Posted 1 February 2017

I have been employed for 3 years and my employer deducted tax from my income. They however never gave me an IRP5 and I have no proof of the income I earned from them as they issued electronic payslips and I never printed it.
2 Months ago they closed their doors and all employees was left stranded, can I perhaps still claim the tax I paid back from SARS if they over taxed me?

Does it apply to international income/work done?

Posted 31 January 2017

Does it apply to international income/work done?

This query relates to question 4654 "Did you work for only part of the %season% tax year and not the full 12 months?" in the Periods not working section.

When will the 2017 tax season start?

Posted 31 January 2017

To avoid any penalties, when will the 2017 tax submission open (ie. From March 2016- Feb 2017? When will we be able to submit our documents for the next tax season?

How do I prove my income?

Posted 31 January 2017

If SARS needs me to prove my income, can I send them my bank statements if I dont have any other proof?

Foreign medical aid

Posted 31 January 2017

I'm a French citizen, resident with work permit. I pay a Medical Aid in France, for me and 3 other persons. Can I get a deduction?

No PAYE withheld

Posted 31 January 2017

What should I do if my client has not withheld PAYE from me - I am a personal service provider.

How to declare foreign trading income

Posted 31 January 2017

My declared foreign income is the same as I declared as the profit for a business because of online graphic design work - I get paid in USD via Paypal and via FNB. Should I only declare this once and remove it from the business? I would hate to pay tax for twice that of my earnings! Please help, thank you.

Can I request a correction again?

Posted 31 January 2017

Can I request a correction after my tax was assessed by SARS?

Is it still important to keep invoices of one year if business will only be registered in February?

Posted 31 January 2017

I have started a shop from home for one year and will register my business only now in February? Is it important to keep the receipts for goods bought in order to file for VAT? Or must I only keep it from the day I am registered? I have kept a book of all my sales for the past year? Is it important for later use once registered?

Outstanding tax returns without supporting documents

Posted 31 January 2017

How to get irp5 from 1991 to 2000 from previous employers

HOw can I get my refund?

Posted 31 January 2017

SARS owes me more than R12000 and refuse to pay because I have not submitted a tax return for 2008, how can I correct this?

Personal and SMME tax

Posted 30 January 2017

Good day. I would like help with filing my yearly tax documents to SARS firstly. Secondly, I just registered a small business and would like to have the tax systems in place before starting off with this, thus need help with that as well. Is there a premium product that you have that help people with these types of things?

Email address for SARS please?

Posted 30 January 2017

Can I please get an email address to send SARS my documents?

How does one handle forex trading losses?

Posted 30 January 2017

Naturally when extra income is generated, fair enough, tax must be paid. I have seen you address the Forex trading profit questions from taxpayers but no case of forex trading losses. How does one address Forex trading losses in a personal tax return?

Is SITE from 2009 ever refundable?

Posted 30 January 2017

Could I please get assistance with my query. In 2009 I earned R29000 for the entire year as I only worked for a portion of the year. SITE of R1064 was deducted over 6 months. I have tried getting a refund of this money by submitting my tax return however SARS is adamant that I am not due a refund as SITE is non refundable. They have informed me that I should request my SITE to be paid back to me by my employer. Can you please advise.

Tax on monthly pension

Posted 30 January 2017

Tax on 52,000 pension at age 55

How much capital gains tax for non resident

Posted 30 January 2017

I am a non-resident and would like to find out how much capital gains I would have to pay if I sell my house

Are already retrieved ITR12s a problem when you take over the submission?

Posted 30 January 2017

I retrieved and started filling out my own ITR12 tax return on SARS eFiling, but haven't yet filled in any data. I am about to submit through your system, Will that be okay?

May I claim for travel from my home office to my office?

Posted 30 January 2017

May I claim for travel from my home office to my office?

Is this a valid VAT vendor?

Posted 30 January 2017

I have a client who refuses to send me his tax certificate, can you help me check if he is a valid VAT vendor please?
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