Written by Marc
Posted 24 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Hi TaxTim, I work as a vehicle sales executive, which means I have a company vehicle which I use for both business and personal use. I did keep a log book. On my payslip it is reflected under "taxable perks". "I also paid Vat on Co car" which is showed on my payslip under deductions. I also had a fuel allowance but that is not reflected on my payslip because the company I worked for owns a fuel station and we had "fuel tags". The vehicle was not maintained by me, but I just want to find out if I...
Written by Marc
Posted 23 June 2015
I am a locum at a private occupational therapy practice!! I am 28 years old and only working for commission!!!! My employee did not register me for tax so I will not receice an IRP5 form but will have to work out my tax on my own!! I have kept all the devices from income for. Each patient that I saw as. Well as. The proof of. Payment into my bank account that was made as the clients made the payments!! It. Is difficult to. Determine a set. Montly income as sometimes the clients will pay a month ...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Hi Tim
Hope you're well and that you can assist me. I get taxed on my monthly salary of R31300, however, I'm also an online part time language consultant getting paid in USD from abroad into my paypal account. The employer from abroad currently taxes me 6% of my earnings as I make under 920USD. Paypal then charges me a further 3. 5% for the transfer. My account is linked with FNB, who take a further 1. 5% commission when converting to Rands and transferring the funds to my acc...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
I am a member of a CC and a partner in a partnership. We are the two same people in both the partnership and the CC. From our activities in the CC, we came upon another way to make money and after a period of testing, we decided to split the other way off our CC activities, so the Partnership became a new business. In order to make this new income stream work, we need to travel and test tourism opportunities in SA as well as some of our neighboring countries to be able to build an internet commu...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
I am a full time employed software engineer. I am looking at buying an Apple MacBook Pro Retina priced at R28000, from FNB for R1200 per month over 24 months. This purchase is in part for my work and in part for personal work. How do I determine if I qualify for the "Wear and Tear" tax deduction and for how much I will I qualify? Do I submit this with my annual personal tax?
From www. Taxim. Com [https://www. Taxtim. Com/za/help/definition/wear-and-tear] I calculated:
...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Hi Tim,
Last year up to July I was paying into an RA with Provider A. I then transferred this to another RA provider B. An amount of R109k was transferred to the new RA after a few deductions. I received a tax doc from Provider A for my contributions up to July. I also received a tax doc for my contributions from new Provider B. However I have just received a tax doc from Provider A stipulating the amount paid out (R109k) and logged against code 3698. This looks like I earned this am...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015