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Latest Posts in Tax Q&A - Page 27



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Does the sale of a Holiday Home attract CGT?

Posted 9 June 2016

My parents have a small holiday home which they have been offered R1 300 000 (from tenants). They bought the home in 1979 for R97 000. Will they be liable for CGT and how do I work out what CGT they will pay?

Tax refund on withdrawal of pension lump sum

Posted 8 June 2016

Hi do you get your tax back when you resigned after they deducted your money from your pension funds.

Tax season preparation

Posted 8 June 2016

Hi, I have started receiving my tax documents from my bank and medical aid etc. I am still waiting for the one form my RA provider. Must I wait for all of them and then once all are received, how do I go about completing my tax return?

Renewal of tax clearance certificate?

Posted 7 June 2016

What must I bring to SARS if I want to renew my tax clearance while the physical address is not in my name?

Health insurance deductable?

Posted 7 June 2016

How Do I Report My Health Insurance On my Tax tax return?

How to calculate travel expenses?

Posted 7 June 2016

I will be claiming tax back on travel for business use for the first time. I have maintained a logbook since starting my new job in the middle of the current tax year 2015/16. Please advise what the "fixed cost" is, and how I can calculate what tax rebate I should expect to receive from SARS in July.

Donations between spouses

Posted 7 June 2016

My companion and I have been living together for many years however we are not married. He recently sold his house and the money was used in purchasing another house but in my name and not his. Will I have to pay tax on that money? We are both pensioners. I have also had to draw money from my investments to pay for the shortfall as the house I bought cost more than the amount received from selling his house.

Multiple IRP5's received for one tax year

Posted 7 June 2016

I received two IRP5. The second is for the Lump Sum I received after retrenchment, however no tax was deducted. I tax directive number was provided. Should I enter the information as well when submitting my tax?

Tax implications if one receive a subsistence allowance

Posted 7 June 2016

We travel for work purposes, and are considering getting a daily allowance paid instead of submitting our expenses. What is the amount allowed per day / other amounts subsistence amounts, and are there tax repercussions on this method.

How to apply for a Tax Clearance Certificate

Posted 6 June 2016

Do you need to be audited first in order to get a tax clearance certificate? What is the quickest way and process to obtain a TCC?

How to confirm foreign banking details with SARS

Posted 6 June 2016

Hi, Could you please let me know the procedure to confirm my Indian Bank Details. I am an Indian Citizen and working in South Africa in Work Permit. I would like to register my Indian Bank Details for tax refund. Please guide me on the 1. Fees, 2. Documents Required

And also, I would like to know the pricing for tax filing for this year.

Is all income taxable together?

Posted 6 June 2016

If I earn a salary and then also bring in extra monies for side jobs, do I add up all the money I earn and then calculate how much tax to pay or do I keep the two amounts separate. So I pay PAYE on the salary and then work the percentage of tax separately for yhe monies. Please clarify this for me. Thank you

What is Gross Remuneration?

Posted 5 June 2016

How is 3699 Gross Remuneration arrived at, particularly as reflected on a payslip first month of a new job? It seems inconsistent to what my actual gross remuneration is.

Tax refund on a contract position

Posted 5 June 2016

I worked for a company from end of May 2015 to end of September 2015 on a maternity leave contract basis. The gross of this contract was over R33 000. Can I claim tax return on this and if so, do I get a payout?

Tax exemption for Offshore workers

Posted 5 June 2016

I read a previous post about "Offshore workers" and tax exemption. I fit the profile with my work situation, but do I still need to stay out of the country for 60 consecutive days?

Tax deductibility of vehicle lease payments for independent contractors

Posted 3 June 2016

I am an independent contractor. I do not earn any salary. I currently have a vehicle on which I claim a travel deduction. My vehicle requires replacement. I would like to know if I can claim lease payments as a tax deductible expense should I lease a new car. I have not come across any prohibition on the SARS website. This surely is in the production of income as without a car I would not be able to carry out any work at all.

I am married in community of property, how will I be taxed on an investment?

Posted 3 June 2016

How will I be taxed as I am now retired an have invested the money and draw monthly interest we are married COP monthly 13k

Medical aid tax deduction

Posted 3 June 2016

If I,m a beneficiary on my partners medical aid can I claim medical aid as a tax deduction?
I pay the money into his account and then the medical aid debits his account?

Can I be considered an independent consultant?

Posted 3 June 2016

I am currently an independent consultant, however at the moment 80% of my income does come from a single client. This is because I have not yet found more clients. I am not sure if I am to be treated as an employee based on what I have found out so far. I would strongly prefer (for client and me) to be treated as an independent consultant for tax purposes. Can I register for provisional tax as an independent consultant?

Some more information:
- I'm on retainer with one client for an average of 2 days per week (16 hours per week) since March 2016. - I bill monthly as a sole prop, highlighting the work I have completed and invoice a set amount as per the retainer agreement...

Read more →

Is GAP cover tax deductable?

Posted 2 June 2016

Can an individual claim gap cover contributions on their tax return?

Information on out of pocket medical expenses

Posted 2 June 2016

What expenses be covered as out of pocket medical expenses. Can the vitamins, extra supplements, liposuction, any cosmetic surgeries be covered under such expenses be claimed

Can one claim Uber back as travel expense for a business

Posted 2 June 2016

As a freelancer, can I use my Uber receipts as mileage for work?

Ho often does one submit the IRP6?

Posted 2 June 2016

How often does (and when) provisional tax need to be submitted? I thought it was once every 6 months, but the SARS date list says it has to be submitted every month.

Which proof of expenses should I hold onto?

Posted 2 June 2016

Which receipts should I take a picture of?
Or, which expenses should I note down in preparation for tax time?

TaxTim logbook query

Posted 1 June 2016

My phone was stolen, and with it my logbook :( How do I get it onto my new phone?
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Blog Categories


TaxTim helping
you file your
Tax returns


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started