How do I go about getting a tax number?

  Written by Marc   Posted 12 March 2013

I am an SA citizen, and have just moved back after living in the UK for five years. I have never had a tax number. I am opening a small consulting firm and need a tax number to register my business with SARS. What information should I supply on page 2 of the IT77 form? Any advice on how I could go about getting myself a tax number then registering my business with SARS would be great?

Can I give myself a salary if I run a sole proprietor?

  Written by Marc   Posted 12 March 2013

I just need to find out if I can deduct a salary for myself as a business expense? please can you assist.

Spending 6 months out of SA. Will I have to pay tax?

  Written by Marc   Posted 11 March 2013

I am resident in SA, but from 2014 I want to try a new life whereby I spend 6 months (winter!!) out of the country each year. During this time I would be earning some money through freelance online work for various individuals or companies from various parts of the world, plus I would be getting rental income from two properties in South Africa. While in South Africa (during summer), I would continue this online work, and do some other ad-hoc freelance work for South African companies, or be ear...

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Tax resident versus non-tax resident?

  Written by Marc   Posted 11 March 2013

Just read your post about "how do i know if i am a tax resident" great article, but lead to a few questions?

I am a US citizen, got a job offer in SA, how do I ensure I am not considered a resident, other than not staying in SA for 91 consecutive days over 5 years, is there something I need to be stating during my work permit application? Do I need to actually keep an address in the US? If yes, how and when do I have to show proof, are my credit card bills sufficient to show residence in the US?...

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I am employed as a temp but have started another side income. how much tax?

  Written by Marc   Posted 10 March 2013

My income after my UIF and tax is R7 950. And any over time I work is taxed per hour. Last month my nett was R11 200.

I also sell corals to pet shops that I grow out at home. Some months I make R0 and other R5000-R8000 after costs like electricity and material.

Now the pet shops have now asked if I can give them some type of paper work for them to keep records for tax ect.

What should I do to help with tax payment? Have a different account just for the side income? How much tax would I pay if I get paid in cash but still have to give the pet shop a paper work that could be traced back to me? ...

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What can you do when you earn commission as well and want to get a tax return on commission?

  Written by Marc   Posted 8 March 2013

I earn a basic salary and commission, can you get an extra tax return on the commission as well?

Tax on cash donations to family, what do we pay?

  Written by Marc   Posted 8 March 2013

My Dad wants to give each of the 3 children R 100 000 cash. How much tax is due and by who and when must it be paid to SARS.

How do you force a request for tax profile if there is no response from the previous accountant?

  Written by Marc   Posted 8 March 2013

Request was sent to the previous accountant and still pending for him/her to release the profile. i heard there is a way to force the profile to be released. is this true? if so, what are the steps?

Does ones marital status affect ones return?

  Written by Marc   Posted 8 March 2013

Does ones marital status affect ones return? Such as being married or divorced?

What does it mean to pay tax on the information to a specific employer?

  Written by Marc   Posted 8 March 2013

As in: "employees who earn less than a certain amount pay income tax as a full and finial liability on the information to the specific employer"How do you pay tax on the information to an employer? What does it mean?

Can I be deducted for tax money every week without a payslip at the end of each month?

  Written by Marc   Posted 7 March 2013

I'm concerned because I'm being deducted for tax but I don't even have a payslip and I've been working for the company for more than a year

What documentation must a company give a shareholder regarding a dividend received?

  Written by Marc   Posted 7 March 2013

What documentation must a company give a shareholder regarding a dividend received in order to complete my tax return?

Tax return sms for a year, but I haven't even been working?

  Written by Marc   Posted 5 March 2013

Hi I received a message from SARS saying,"Thank you for filing your 2009 tax return Assessment Result: R-840 Account Balance: R-840 Selected for Audit: No" I'm confused as to what the R-840 means as I am not sure wether that means I owe them or if they're refunding me

Can old tax benefits be captured on a new tax year after retirement ?

  Written by Marc   Posted 5 March 2013

An employee leaves his/her employment from the first of March 2013, his /her last working day is 28.02.2013. Now he/she needs to be paid all the benefits being accumulated leave and other benefits. Is it not appropriate to capture them on the new tax financial year? (2014)

What company returns must be submitted to SARS?

  Written by Marc   Posted 5 March 2013

Please can you help me I am a bookkeeper for a small company but get rather confused by what needs to be submitted by when by the company to SARS.

Can I claim for a car which i "leased" from my previous employer?

  Written by Marc   Posted 5 March 2013

My previous employer bought a fleet of cars which he then branded. The deal was that we pay for it over 4 years after which the car would be evaluated and we could buy it for half the value. I left the company after 4 years and 4 months and was told that he was not selling the car to me. A monthly deduction appears on my commission slip (earned comm.only as a sales executive) for the car and petrol but this does not appear on the IRP5. I also did not receive a travelling allowance.

Ho...

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What tax will I have to pay on my mother's house that I sold last year?

  Written by Marc   Posted 5 March 2013

The house belonged to myself, a brother and sister for years.

Can someone else register me as a taxpayer?

  Written by Marc   Posted 4 March 2013

Can a website register me for tax and promise a tax number within 24 hours? I am worried about fraud but do not have the time to go into SARS myself as it is very far from my home and I need to take off work.

How do I get my online IRP5?

  Written by Marc   Posted 4 March 2013

how do i get my old IRP5's online on eFiling?

How can I send my new IT77 registration as a taxpayer form to SARS via e-mail?

  Written by Marc   Posted 1 March 2013

I completed the IT77 aplication for registration form and want to send it via e-mail can you send me the e-mail address please?

Foreign cash inheritance, how does the tax work?

  Written by Marc   Posted 1 March 2013

My two minor children are South African natural persons, and have thus each been issued with their own ID numbers at birth. If a foreign cash inheritance from their overseas great- grandfather to them (in CHF and Euros) , is converted into ZAR and deposited equally in halves into my two minor children's money market bank accounts, then I believe that this inheritance (and all inheritances) are not deemed taxable. Would this assumption be correct ?

Lastly, would interest income accruin...

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Where can I get a list of the items that I'm allowed to claim for as a sole proprietor?

  Written by Marc   Posted 1 March 2013

I know about things like rent, telephone, internet, stationery, etc., but what else?

Provisional Taxpayer or not ?

  Written by Marc   Posted 1 March 2013

My wife and I own a property which she rents out. The rent gets paid into her bank account and she is the only one who earns the income from the rent. The property is registered in both our names and we are married ANC. Am I supposed to be a provisional taxpayer and liable for provisional tax ?

Tax Threshold 2013/14 (for income earned as interest)?

  Written by Marc   Posted 1 March 2013

The tax threshold is R 67111.00. My sole income is R 67110.00 from interest on cash in the bank, one rand less than the tax threshold. I am under the tax threshold, but the income is not active (from work), it is passive(from interest), do I still have to pay tax ?

There is a confusing/conflicting tax break of R 23800.00 for income earned as interest ??
R 23800.00 still falls under the total tax threshold of R 67111.00
Can you elaborate please.

What are the benefits of non residents for taxable income in South Africa?

  Written by Marc   Posted 1 March 2013

I am living overseas for the past ten years and have visited South Africa occasionally for not more that 3 weeks per annum. I earn interest (R24500); dividends from private companies (R65000); retirement annuity income (R17500) amounting to approximately R110K per annum. I am paying taxes as a resident. What will my taxes be like if I were to be taxed as a non resident. Will I still be entitled to the rebates. I am 62 years old and am married in community of property. I will appreciate a hypot...

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