Car allowance for full year if I worked 6 months
Posted 21 July 2015
I worked for 6 months and got a car allowance. I moved jobs and didn't get allowance. must I complete logbook for full year? What can I claim? I had a big service when at the new job and nobody paying for it.
I need my deceased fathers tax number
Posted 21 July 2015
How do I go about finding out what my father's tax number is? He is deceased and the executor is my grandfather and he is too old to travel as he lives in another province. I am his only living child. Is there another. Way of finding out the tax number without having the executor present as Sanlam needs it?
Must I submit the log book when submiting on SARS efiling?
Posted 21 July 2015
Morning,
I need to do SARS e-filing. What I would like to ask is does the travel log book have to be attached or only on request by SARS? The log book has been done manually in a book so I will have to transfer all that information into digital form but thought I could go ahead do e-filing without attaching it, and then if they request then I could do a digital form of the logbook and send it to them. Is this right?
Out-of-pocket dependent medical payments
Posted 20 July 2015
If I am a dependant on my husbands medical aid, but pay my own out-of-pocket (not covered by medical aid) expenses, can I claim this on my tax and where do I do that?
Benefits for tax directive
Posted 20 July 2015
I am a commissioner earner and received a tax directive for 18% from SARS for the 2015 tax year. What benefits are there to having a tax directive? Will I have to pay back on my tax return or will SARS calculate my tax at 18% according the tax directive?
Car allowance 100% taxed as other allowance
Posted 20 July 2015
Towards the end of the year I received a car allowance. However at this stage I was not sure of how many kilometers would be done for business. Therefore the allowance is now reflected as other allowance and is taxed 100%. How do I now file my tax returns against travel as it is not reflected under 3701 or 3702 on the IRP5?
Claim travel expenses without travel allowance
Posted 20 July 2015
I am a commission earner without a travel allowance. I use my private vehicle for work to go and see clients etc. Will I be able to claim travel expenses (like fuel) and depreciation on the vehicle?
Maximum allowable travel allowance
Posted 19 July 2015
What is the maximum amount (percentage) that one is allowed as travel allowance based on the total package earned, ie: If my total package is say R10 000, maximum amount allowed as travel allowance is say 30%, then my salary will be R7000 and my travel allowance R3000.
I just need to know the percentage amount so that I can structure my total package accordingly to get the maximum tax benefit.
Completed Tax Return for year, owe SARS
Posted 16 July 2015
Was hoping you can assist filed my tax return yesterday and SARS is basically stating that I owe them R10,000 within in a year, I know this is untrue as every month I have been paying tax. I was a contractor for the last 10 months. Please advise if you able to assist as my tax return has already been submitted.
Deductible company expenses
Posted 16 July 2015
For many years I operated as a sole Proprietor. Early 2014 I registered a PTY Ltd and duly traded as the PTY LTD. As executive director, by choice I did not draw any salary, the idea being that this would help the company cashflow by saving more working capital. I paid for all vehicle expenses ie fuel, maintenance, privately out of my savings, but approximately 90% of the vehicle use and expenses are attributable to the PTY LTD business. Is there any way that these expenses can be recovered from...
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Logbook as evidence
Posted 16 July 2015
What substantiating evidence do I need to provide to verify my odometer reading on my motor vehicle to SARS? I did not have my car at the beginning of the tax year and my car has since been stolen. I also did not record the kms from when I got it to the end of the tax year. Can I make the kms up? Look forward to your feedback.
Claim business usage for private car
Posted 16 July 2015
Hi I am using my private vehicles for business travel, part of my job is to do site visits, client meeting ect. I did not receive a travel allowance from my company. Please explain how I can claim this back as I do have log sheets for the travel. I am busy having my package restructured to include a car allowance.
Part 2: can I claim depreciation for one vehicle and also claim travel back or is it not allowed?
Tax directive issued but error says "Lump sum declared but directive outstanding"
Posted 16 July 2015
I was retrenched in 2014 (May)... The company had a tax directive issued and I have a copy of the directive. In my SARS e-Filing profile, when I open up the tax return, the full provident fund lump sum is declared and indo completed - WITH the correct tax directive number in the "directive" section for the lump sum. However, when I save and CALCULATE, it tax returns a message saying:
"9857 - LUMP SUM DECLARED BUT DIRECTIVE OUTSTANDING"
Please help - not sure why this messa...
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Problem with logbook
Posted 15 July 2015
Hi there. Please can you help? I don't normally claim travel allowance or petrol, so this was a once-off thing. This is now indicated on my IRP5, but I don't have a log book. And I have to submit it to SARS as I have been selected for an audit. Do I have to claim it or can I request a correction and remove it from my tax return? Please help. Thanks
Taxable allowance for cell phone 3713
Posted 15 July 2015
I received cell phone allowance under code 3713 (taxable). Where on the tax return can I claim the expense?
Tax return delay after submitting supporting docs
Posted 15 July 2015
Hi Tim,
I have been audited by SARS sent all my supporting documents immediately when they ask for it - my logbook plus had to send them a HP of my vehicle. How long will they take to refund my money?
What kind of supporting documents do I need as proof of my own medical expenses?
Posted 14 July 2015
What kind of supporting documents do I need as proof for medical expenses out of my own pocket? I had hospital expenses where I received a statement indicating the amount paid by the medical aid and the amount I had to pay in. On the statement it shows the payments made by me (I made monthly payments).
Is this sufficient proof of my payments? What proof do I need for my monthly prescription medicine (my medical aid does not cover my medicine). I paid out of my own pocket each time.
...
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Tax on Travel Reimbursement
Posted 14 July 2015
Hi I travelled less than 8000km per year for business travel with my car and get reimbursed the AA rate by my employer via EFT payment. He doesn't add my travel claim to my gross salary for calculating PAYE. Must I pay tax on the travel claim money I received?
No supporting documentation for Agent Commission for rental property
Posted 14 July 2015
Hi, I am renting out a property. I've used your easy questions to fill in all the necessary information regarding the income and expenses related to renting out that property, but I am not confident about what supporting documentation I require to keep on hand for the rental property. I have all the levy and rates invoices, rental agreements and legal costs invoices and the bank statements for the bond financing the property. However the agent does not supply me with invoices for her commission....
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How can commission earner optimise tax returns?
Posted 14 July 2015
Hi, based on my tax returns submitted this year as a commission earner, what can I do differently to optimize tax returns for next season?
3704 Subsistance Allowance
Posted 13 July 2015
I received a subsistence allowance (3704). In 2014 I travelled locally for 5 months, I spent about 108 days away from home. How much can I claim in terms of subsistence allowance?
Fringe benefit calculation on two employer-provided vehicles
Posted 13 July 2015
I have 2 cars on "employer provided vehicle":
1) 2013 Suzuki Alto used for approx 6 months. Cash value 89000
2) Cherry 2011 value 59900 also used for approx 6 months.
How would I calculate the fringe benefit amount / or could someone help me with these amounts?
Too small travel allowance - different to actual costs
Posted 13 July 2015
I have a R 2 500 travel allowance (R 30 000 a year) provided to me. But for 2015 I calculated my true travel costs (travel allowance) and it should have been R 70 000 a year.
Travel allowance on my IRP5 R 30 000
Travel allowance calculated by SARS tables R 70 000
Can I claim the R 70 000 tax deductible or am I limited to R 30 000 tax deductible?
Deduction againt 3713 other taxable allowance
Posted 13 July 2015
My cell phone allowance is reflected under code 3713 (taxable allowance)
Where on the tax return must I complete the cell phone deduction?
Do I enter the whole wear and tear value in my tax return or only the "official" part?
Posted 10 July 2015
When calculating the wear and tear on my car I take the original cash purchase price and divide that by 5. Do I then enter that value in my tax return (same as all other deductions) and SARS then automatically calculate the "official" part thereof from the kilometers I entered, or do I do the calculation myself and then enter the "official" part in the tax return?
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