Audit/Verification, how long does this last?

  Written by Marc   Posted 6 May 2013

After initial assessment of a tax return, and if in the initial assessment no further audit/verification was called for. For how long can SARS ask for audit/verification?

What is the definition of a "person"?

  Written by Marc   Posted 5 May 2013

In terms of the Tax Act of SA, does CC's, trusts or estates of Deceased persons count as "persons"?

I am going to start work for another company. When I went for an interview they asked me for a SARS

  Written by Marc   Posted 4 May 2013

I don't know if I have a tax number or not can you please tell me if I do have one and what is it?

Tax confusion?

  Written by Marc   Posted 4 May 2013

I am graduate and currently unemployed full-time. I write for a small company. I get R700 a month for writing promos. Now thing is when I get deposit alerts from FNB, they show that R525 has been deposited,I want to know can bank charges for R700 be up to R180 or is there some taxing going on. I don't have a SARS number either. What's going on?

What effect does this year's budget has on small business?

  Written by Marc   Posted 3 May 2013

What can be done to keep them going?

I need help with an eFiling request for correction?

  Written by Marc   Posted 3 May 2013

I moved jobs from one company to another in September 2011, last year when it was time for eFiling I only had the IRP5 form for my current employer. I could not get my previous IRP5 form from my previous employer as the company had been closed. After submission I was asked by SARS to provide supporting documents which I did, as it was my first time submitting, I didn't know that I needed to submit all IRP5 forms for the 12 calender month. My submissions where finalized and I got a penalty fee of...

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How much tax is deducted when my ex husband's pension fund pays out my half?

  Written by Marc   Posted 3 May 2013

Who is responsible for the tax?

I was unemployed for one year, I had no income for a year. Do I have to submit my returns ?

  Written by Marc   Posted 2 May 2013

How I submit my returns?

Is the primary rebate deducted monthly or annually?

  Written by Marc   Posted 2 May 2013

I want to know whether one must deduct the primary rebate monthly (divide the rebate amount by 12 month) and deduct it of a monthly salary?

Why is tax collected and where is it collected, who is responsible for it?

  Written by Marc   Posted 1 May 2013

Tax is collected because the government needs to pay for all the services it provides the people of the country. It does that by charging people and business tax on the income that they earn each year. In South Africa the South African Revenue Services ("SARS") is responsible for collecting tax and gives it to the department of treasury who then pays for all the country's expenses and services. People and companies have to give a form to SARS showing how much income they earned and then pay over...

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What is the maximum an individual can earn per annum and not pay tax?

  Written by Marc   Posted 1 May 2013

What monthly salary can one earn and not pay tax?

What is the differenfe between the Statutory Rates Tax Tables and the Tax Tables?

  Written by Marc   Posted 1 May 2013

I am busy doing an Assignment and they ask us to use the Statutory Rates Tax Table to determine the answers rather than using the tax tables and I want to know the diffrerence between the two and where I can find the Statutory Rates Tax Tables

My audited (ITA34) report says I owe SARS about R18 000 for the period 2011/08/15 to 2012/02/29, wha

  Written by Marc   Posted 1 May 2013

PAYE was deducted from my salary every month and I did not get more than any of my colleagues (we are in the same notch). What could be the problem and how can I solve this? I am still in shock after receiving this e mail on 2013/04/30.

How do I get tax number if I have never been employed before?

  Written by Marc   Posted 30 April 2013

Would like to get a tax number

Rental Income & Rental Expenses, where do I include them in my tax return?

  Written by Marc   Posted 30 April 2013

Where exactly do I complete these amounts? My annual rental income is R50k.

How will I be taxed on my coaching income from a sports club if I already have an office job?

  Written by Marc   Posted 30 April 2013

My office job pays PAYE and gives me an IRP5. The club pays me per an hour for work performed. How will this coaching income be taxed? The club does not deduct any form of tax from my income as far as I know. If I am to be taxed on this coaching income are there any deductible expenses I can use to offset against it?

How can I get my register eFiling log in password?

  Written by Marc   Posted 30 April 2013

I got registered by a tax agent and I want my eFiling login password. Can I contact someone via e-mail to give it for me?

Taxtim says I must fill in page 1 and two if I choose to use e-filing, so how do I do it?

  Written by Marc   Posted 30 April 2013

The form that I see looks like and example only, I am unable to edit it.

Car allowance vs Company Car?

  Written by Marc   Posted 25 April 2013

Could someone please help me to understand what would be the best option. I am currently sitting in a situation where I can choose between a car allowance (travel allowance ) and a company car. I don't understand the tax implications regarding this.. I would obviously want to take the least expensive route..

I have been working out of SA for 6 months, what tax is exempt?

  Written by Marc   Posted 25 April 2013

I have been working out of SA for 185 days, and have done the 60 consecutive days.I want to know what tax I can be exempt from. As this period falls between October and May, does the tax I paid on my annual Dec bonus count? If I stay out of the country for another say 2 weeks on leave, does this amount also count?Or if I work out the country again in July-August, how do they calculate the tax you avoid?Also what proof do I need to show I was working abroad?

What are the allowable deductions for companies with reagrds to employees and loans?

  Written by Marc   Posted 24 April 2013

Is there a new allowable deduction for companies with regards to loans for employees to help with their living expenses and loans that are unrecoverable from employees.

What is the difference between wear and tear allowance v depreciation?

  Written by Marc   Posted 23 April 2013

If a small business selling Lollies and sweets buys a production machine from china for R50 000.00, a fridge for R1 500.00 , small kitchen appliances and utensils to the value of R1 800.00 (various) and a car to use for driving to markets to sell lollies and sweets. Where and how would I use wear and tear allowance or depreciation and what is the difference? Can small items such as kettles and cutlery be seen as assets?

I want know if I need to pay tax on my monthly wage of R3 600?

  Written by Marc   Posted 23 April 2013

Month salary: R3 600

Building cost deduction

  Written by Marc   Posted 22 April 2013

I am a single parent trying to build a home for my family. The bond that I qualified for on my salary does not cover all expenses and I've had to pay for a lot of things out of my own pocket, such as R22 000 developers' fee for building on a plot, R17 500 getting electricity supplied to the plot, R15 000 getting sewerage connection to the plot, R5 500 for water to the plot. Can I claim for these expenses as a tax deduction?

What is my tax obligation if I am self employed earning R1500 profit per month?

  Written by Marc   Posted 19 April 2013

I am a housewife running a gardening service on the side. My current income is R2 700 of which I pay a worker R1 200. Thus R1 500 profit (using my husband's private gardening equipment). Do I have to register for tax or at what point should I register for tax? What is my tax obligations concerning my employee?
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