Travelling allowances for disabled persons

  Written by Marc   Posted 1 July 2014

I am disabled owning a car can I claim for travelling allowances in my income tax return?

What documents do I need as a 1st time IRP5 submitter?

  Written by Marc   Posted 1 July 2014

What documents do I need as a 1st time IRP5 submitter?

My CTC is R22 000 with 50% contribution from company on medical(R1976), how should tax be calculated

  Written by Marc   Posted 1 July 2014

I have a CTC of R22,000 and included in that amount is the 50% medical contribution from the company, how will my tax be calculated. My medical aid is R1976.

Tax relief caring for parent that is your dependant?

  Written by Marc   Posted 1 July 2014

I have power of attorney for my 90 year old mother's fixed deposit account (small amount). I am concerned that the worst might happen and want to transfer the account into my name before then as I am concerned that the money will be frozen and we may need it to pay for all the arrangements. My question is what is the most tax efficient (for me as her sole provider) way of doing this as the money will be used to make all the arrangements afterwards.
In addition I currently pay for her old ag...

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Principal member vs paying member of medical aid

  Written by Marc   Posted 1 July 2014

I pay for the medical aid for my family, however my wife is the principal member. Who should account for this on their return?

Will I get a refund with a non taxable salary paying a medical aid of whereby the employer pays 50%?

  Written by Marc   Posted 30 June 2014

My Salary is R 5442.00 a month after deductions of which I do not get taxed but pay a medical aid for myself and my 2 kids of where the employer pays 50% of which my total amount starting last year Septermber were R 1297.00 and from January 2014 R 1413.00

Will I receive a tax refund if I was unemployed and still contributing to medical aid?

  Written by Marc   Posted 26 June 2014

I was unemployed from February 2013 to December 2014. I returned to work in January 2014. During that period I was still paying for medical aid. will I receive a tax refund?

NOT WORRKING CAN I CLAIM MEDICAL EXPENCES

  Written by Marc   Posted 24 June 2014

GOOD DAY I JUST WANT TO FIND OUT.I DIDN'T WORK FOR A YEAR BUT HAD MEDICAL EXPENSES. CAN I STILL CLAIM MEDICAL EXPENSES ON eFiling?

Tax exemption information for old age and disability centre?

  Written by Marc   Posted 20 June 2014

We have applied for a tax exemption as non profit organisation last year December, we didn't receive a response. What can we do to get the certificate?

Wife's medical aid - do I get a deduction

  Written by Marc   Posted 20 June 2014

Will I be able to claim a tax deduction for myself if I am on my wife's medical aid? It costs more to join a medical aid on my own, rather than to join as a dependent, and I would like to know what the tax benefit is.In previous examples, you stated that each member can get a R230 per month tax credit - has this changed?We both earn salaries in excess of R30K per month

Employer's Personal Tax Return

  Written by Marc   Posted 19 June 2014

How would you complete your personal tax return if you left employment in November 2013; started your own business and contributed out of your own pocket for your Retirement Annuity and Medical Aid from December 2013 until end of 2014 Tax Year. You have also not drawn a fix salary the last 3 months of the 2014 Tax Year. You have also contributed 100% capital towards your business.

I want to know about tax certificates?

  Written by Marc   Posted 18 June 2014

Do you claim when you get a text certificate form your Medical Aid or what?

Difference between medical aid source codes?

  Written by Marc   Posted 12 June 2014

What's the difference between source code 3810, 4005 and 4474?

How to get a company to be in good standing tax clearance?

  Written by Marc   Posted 10 June 2014

I registered for a (pty) Ltd company and since I have the company have not made an profits as the company is not operational as yet, what steps should I take to get a tax clearance in good standing?>

Tax enquiry regarding deductions and insurance payouts?

  Written by Marc   Posted 6 June 2014

A client has broken his fingers and cannot perform his work commitments as a personal trainer and actor. He is trading as a sole proprietor. First question is, will he be taxed on his payout for impaired benefits from his insurance company? Secondly, what supporting documents need to be submitted to the insurance company for this payout? Thirdly, what expenses can be deducted from a client who is either a model/actor that is paid via an agent?

TAX ON R4350 MONTHLY?

  Written by Marc   Posted 4 June 2014

HOW MUCH TAX ON A SALARY OF R4350 MONTHLY NO MEDICAL AID?

Tax benefit for medical aid paid by employer vs employee

  Written by Marc   Posted 29 May 2014

I moved over from a permanent contract to a fixed contract with my current employer. This also resulted in a higher salary.

My previous contract included R800 contribution to medical aid out of R1084. I paid the balance through deduction on my salary. (personal expenses as they call it)

I now have to pay the full R1084 myself, but the company still pays it to the medical aid and deducts it of my salary monthly.

Is there any advantage of rather having it paid by ...

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What is medical tax credit and how does it work?

  Written by Marc   Posted 29 May 2014

What is medical tax credit and how does it work?

Can I claim for my hospital plan contributions?

  Written by Marc   Posted 24 May 2014

If I have a hospital plan that I personally contribute to - no contributions from my employer. Would this contributions be considered a 'medical aid' contribution?

What are the documents need to submit through online after filing my returns?

  Written by Marc   Posted 23 May 2014

I submitted my tax return yesterday and received an SMS from SARS people asked me to submit the supporting documents?

What are the necessary documents I need to submit?

Medical aid source codes 2014?

  Written by Marc   Posted 19 May 2014

My question is with regard to medical aid source codes for February 2014. What codes should I use if the employer contributes 50% and the employee contributes 50%?

My Medical aid Out of pocket amount is R13000 results in how much deducted from my taxable income?

  Written by Marc   Posted 15 May 2014

My medical aid out of pocket amount is R13 000
How much of this comes off my taxable income?

Does the tax threshold change when you quit your job and begin your own small business from home?

  Written by Marc   Posted 14 May 2014

Dear Tim,What happens to the tax threshold for when one is obligated to pay tax (R63k) when you work for a company for the first few months of the financial year and then you quit to start your own venture from home. Does the threshold change? Since I am working for myself my expenses will change as now I will incure the cost of running my business from home and will have to set aside money for my medical aid, retirement fund etc. as this will no longer be paid by my employer.

Will my employer incorrectly stating a tax credit as a deduction on my IRP5 prevent me from claiming

  Written by Marc   Posted 11 April 2014

I am worried that my employer intends to incorrectly insert the medical aid tax credit into my IRP5 as a deduction even though they do not deduct same from the monthly PAYE (I have asked them to in the past but they have declined to do so) - is their procedure correct or will this prevent me from claiming the tax credit on my return?

Income tax legislation?

  Written by Marc   Posted 9 April 2014

I need to know income tax legislation and criteria for deductible income tax.
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