How does purchasing a house impact my tax return?

  Written by Marc   Posted 28 June 2013

I purchased a house in 2012 and paid transfer duty tax. Does this impact my tax return?

Can I claim my laptop for tax purposes?

  Written by Marc   Posted 28 June 2013

I did freelance work through my company, but it was paid in as my salary, so not recognized as freelance work and means I'm unable to claim any expenses. Can I claim the laptop I bought and used to work from home on as a business expense?

Did not work full year, but IRP5 indicates that I worked 12 months. How do I correct this?

  Written by Marc   Posted 27 June 2013

I went on maternity leave for a full four months mind February 2012 - Mid June 2012. I was paid for the first two months and then unpaid for the remaining two months. In my IRP5 : Periods in year of assessment is 12 and no. of periods worked is 12. I believe this is incorrect. Do I correct this and say I worked 8 months? What is the correct information to put in this case?

How do I claim tax paid for part time work done?

  Written by Marc   Posted 27 June 2013

I have a full time job. Over the past year I have also taken on part time work over weekends. I have heard that this tax can be claimed back provided I do not fall in the next tax bracket. Please explain how to do this.

How does new medical aid tax credit work?

  Written by Marc   Posted 27 June 2013

I am employed by the government. I do not receive medical aid subsidy. I do however get a tax rebate. Do I still qualify for the tax credit? If so, how do I go about claiming it? Also, does the tax credit mean that we can no longer claim medical expenses not covered by the medical aid for which we pay cash?

What supporting documents must l add to my personal tax return?

  Written by Marc   Posted 27 June 2013

I'm busy doing my personal income tax and don't know what documents I must submit example medical just know about my IRP5/ I'm in a medical fund so what must I declare will you please help me Tim?

R3783 code 4008 on ITR12

  Written by Marc   Posted 27 June 2013

How is code 4008 calculated for 4 members under medical scheme? I understand there is a maximum amount but R3783 doesn't seem right?

How do I calculate manually to see if I qualify for a tax refund?

  Written by Marc   Posted 27 June 2013

How do I calculate manually to see if I qualify for a tax refund or owe? This is my first time doing my own eFiling and scared I might make a mistake.

PAYE if I have 3 day a week permanent job and 3month contract with 2 days a week?

  Written by Marc   Posted 27 June 2013

If I work permanent 3 days a week get R5180 per month before tax, and a contract for 3 months 2 days a week at R6000 per month before tax. How will my tax work?

How do we culculate UIF contribution?

  Written by Marc   Posted 27 June 2013

How much will be contributed by an employer towards UIF for an employee contributing 148.00?

fringe benefit-conmpany provided vehicle

  Written by Marc   Posted 27 June 2013

Hi TaxTim,

I earn a basic and my commission is more than 50% of my annual basic. I sell luxury automobiles for a living.

I see on my IRP5 under "Income received "an amount of R65 000 "Use of Motor Vehicle" (PAYE)

Is there a specefic place where I insert this amount on my tax return?

I kept a logbook stipulating opening,closing KM'S, private and business KM'S

My company provides me with a company vehicle in order to sell and generate an income....

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How do I get a tax number?

  Written by Marc   Posted 26 June 2013

I just got employed and my salary per annum will be R58 200, should I register? I have heard that if your salary is less than R60 000,you do not pay tax.

Your Answer will be greatly appreciated.

I worked for 6 months only and am 90 yrs of age how do they calculate the"equivalent rate?

  Written by Marc   Posted 26 June 2013

for income tax purposes how is an equivalent rate calculated if a person only works for6 months of the tax year

What documentation do you have to carry with you when you go to SARS to do your tax returns?

  Written by Marc   Posted 26 June 2013

What documentation do you need to submit your tax returns claim to SARS?

Is money received from my mom (paid into my bank account via cellphone banking) taxable?

  Written by Marc   Posted 26 June 2013

Sometimes my mother pays 5000 rand or 4000 rand in my bank account. This happens when I cannot afford some things and she wants to help me.

Cellphone claim for tax purposes?

  Written by Marc   Posted 26 June 2013

Can I claim my monthly cellphone bill? What do I claim it under?

My bank details on IRP5 changed.

  Written by Marc   Posted 26 June 2013

But the bank account SARS refunded me is still also being used by me. Should I change it at SARS? I would like to keep it the same.

I earned R6 500 and was a temp in the last tax period I only worked for 3 months. How does the tax w

  Written by Marc   Posted 26 June 2013

I earned R6 500 and was a temp in the last tax period I only worked for 3 months. Can I claim PAYE for those months?

Estimate amount back on 3 IRP5 2009-2010, 01/2013-28/2/2013 and lastly 2012-2013/02/10

  Written by Marc   Posted 26 June 2013

How do I roughly get an estimate on money back ....if I get back.........how do u calculate it ?

What is the limit for tax free donations?

  Written by Marc   Posted 26 June 2013

Hi Tim

My girlfriend sold a house she inherited from her deceased mother and would like to split the income with her sister. The amount is approx R500 000, is there a way to transfer the money as a lump sum to her sister tax free?

An accountant advised us to "loan" her sister the whole amount and then to pay off the loan in lumps of R100 000 per year to avoid the 20% donations tax, but every year she needs to complete a declaration together with her tax form submission. Is ...

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2013/2013 allowable Commission expenses to be claimed

  Written by Marc   Posted 26 June 2013

Just want to make sure if the 50% rule is still in place regarding commission income? The same as 2011/2012? Meaning your Commission income must be 50% more than other income to claim any expenses against commission.



Independent Contractor...what can he claim?

Medical Tax Credit?

  Written by Marc   Posted 26 June 2013

Hi Team, My Total medical aid contribution for myself and 2 depandants is R2072. My company pays R1211 and I pay R674 deducted from my salary and I receive a R230 med aid tax credit. Is the R230 the correct amount for 2 depandants? and can I claim back the R674 that I pay from salary every month?

Commission - how is it taxed?

  Written by Marc   Posted 26 June 2013

Hi TaxTim,I earn commission, all my income is derived from selling luxury automobiles.What are all the tax deductions I can claim for?What percentages of these deductions will I get back?I tried asking SARS this, you think they will help me... not a chance.

Tax return payment?

  Written by Marc   Posted 26 June 2013

I have received an email that my tax return payment is due. I would like to know how should I apply for it. Thamk You...

What are tax benefits of working 180 days out of SA and 60 consecutive days?

  Written by Marc   Posted 25 June 2013

I work for SA company in Botswana. My salary and tax are paid in South Africa. Is there a tax benefit in working 180 days out of the country.
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