Who is a dependent in terms of South African Tax Laws?

  Written by Marc   Posted 3 September 2013

Who is a dependent in terms of South African Tax Laws ?

Inherited house inclusion in taxable income

  Written by Marc   Posted 3 September 2013

Do you include an inheritance of a house when calculating taxable income before you dispose it?

Should one separate share investment and trading activities by creating a legal entity?

  Written by Marc   Posted 3 September 2013

It is apparent that there is a massive grey area when it comes to SARS interpretation on share investment vs share trading and the resultant taxation thereof.

I have a share investment portfolio (exceeding 3 years) and now also want to trade shares short term.These shares will include some of the very same shares that I hold long term in my investment portfolio. Can and will SARS accurately distinguish on an ongoing basis which shares I sell at any given time and tax me accordingly and correctly i.e. capital gains vs income? ...

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When will I get my money?

  Written by Marc   Posted 3 September 2013

How long will it take to refund my money?

Correction on return from 2007 - how long will it take to be assessed?

  Written by Marc   Posted 3 September 2013

Hi,I submitted my IRP5 for this year. After doing that I was given a penalty, because my 2007 and 2008 returns was not done. I paid the penalty and sumbitted all the outstanding years. I was told that they are busy with a assesment on my 2007 return. This is now going on for 2months. Last week I realized that I made a mistake on my 2007 return, and that is why they are busy with the assesment. I requested a correction and filed it.Now how long do you think it will take for them to finish with th...

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How do I declare income earned outside SA and put into offshore acc?

  Written by Marc   Posted 3 September 2013

I act as a local consultant for a European company and earn regular income, which is paid into a offshore account and no tax deducted. I live in SA, working full time and earning a salary. What are the tax liabilities on the income earned in Europe and how is it declared?

Do temporary teachers pay tax?

  Written by Marc   Posted 3 September 2013

I am a temporary teacher and pay tax.

Can I cancel and resubmit my tax return on eFiling if I did it wrong the first time?

  Written by Marc   Posted 3 September 2013

Can I resubmit my tax return if I did it wrong the first time?

Payment pending an audit, how long is that?

  Written by Marc   Posted 2 September 2013

If SARS says a payment to your account is pending an audit, how long does it take?

Tax advantages of leasing a car?

  Written by Marc   Posted 2 September 2013

Hi, What are the advantages of leasing a vehicle for a business, tax benefits? Can I write off the lease payments made on the vehicle as expenditure and claim back from SARS?
Thanks.

How do I get another IRP5?

  Written by Marc   Posted 2 September 2013

I have lost my IRP5 certificate. How can I get another copy?

Working for a non SA company and working mostly out of RSA - do I have to pay tax?

  Written by Marc   Posted 2 September 2013

Hi,

Thanks for all the info on your site! I have learned quite a bit.

My Question: I have not registered for tax and I have been working outside RSA for the past 3 years, I was out of RSA for 190 days in 2012 and 160 days in 2011 - do I have to pay tax? I work for a UK company but get my fees in an RSA account.

Best regards

I started TaxTim then my consultant did my ITR12 for me. Must I still pay?

  Written by Marc   Posted 2 September 2013

Hi Tim

I have very ignorantly gone through the steps in completing the return on your system and had entered incorrect information. My confusion resulted out of the fact that my employer issued two returns - one for the commission and one for my basic salary. Not knowing what to do, I spoke to my ex consultant and he submitted the ITR12s for me.

Would I still need to pay you?

IT3 certificates? Requirement to issue on loan accounts? CC or Pty?

  Written by Marc   Posted 2 September 2013

Hi Does a close corporation or a (Pty) Ltd company that has paid interest on member or shareholder loan accounts have to issue any kind of IT3 certificates?

How do I claim tax return fund?

  Written by Marc   Posted 2 September 2013

How do I claim my tax return fund?

SARS assessment concluded

  Written by Marc   Posted 2 September 2013

What does "your assessment has been concluded" mean? Yet the call centre says they are awaiting supporting documentation?

Can I still claim year 2009 tax returns from the past?

  Written by Marc   Posted 1 September 2013

Hi there just want to find out I got my irp5 form from 2009. Can I still claim my tax returns?

Can appeals be made to have assessment for previous year to be redone, with new evidence?

  Written by Marc   Posted 1 September 2013

Hallo. For the last number of years my wife has been paying for our medical aid, via a direct debit every month. The medical aid is however in my name.

I have found out, from SARS, that my wife can get the benefit from this on her tax return, all she needs to do is to provide proof, e.g. bank statements etc, that she has paid for it or get letter from medical aid in that regard. This would suffice for this tax year. However last tax year, we did not do it like this, since I submitted it with my tax return and got no benefit from it, since my income was not large enough...

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What does it mean when the account has been locked out?

  Written by Marc   Posted 1 September 2013

What do they mean when they say my account has been locked out?

I can't log in to SARS eFiling. Have lost my register details.

  Written by Marc   Posted 1 September 2013

How do I 're-register' as a provisional taxpayer online? My attempts to do so keep failing.

SARS wants proof of expense claims made in husband's name, but I'm paying.

  Written by Marc   Posted 30 August 2013

I'm currently a independent contractor and submitted my tax for office space, but my problem is the utilities and this are in my husbands name, although I'm paying it. SARS want proof. Can I submit although it's in his name? I have disputed.

Company registration necessary? I am a psychologist.

  Written by Marc   Posted 30 August 2013

Dear Tim,

I am a psychologist and started running a private practice at the beginning of the year. Renting office space and have other expenses that have been business related. So it is 'personal service'. Would it be advisable for me to register it as a business?

No longer working, is there some money which SARS owes me?

  Written by Marc   Posted 30 August 2013

I'm no longer working since last year & some one told me that there is some money I have to receive at SARS. Is it true?

How much do you charge?

  Written by Marc   Posted 30 August 2013

Is this service for free, if not how much?

Which tax year do provisional tax payers use in August 2013 and how do they find out current values?

  Written by Marc   Posted 29 August 2013

As a provisional tax payer, surely one pays tax at the end of August 2013 on the basis of what has been earned from March 2013 to end August 2013 and this would be for the 2014 tax year. I also have difficulty finding out current It3 (c) values.
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