MY EMPLOYER PAYS MY FULL MEDICAL AID IN LIEU OF SALARY INCREASE.

  Written by Marc   Posted 1 February 2013

HOW CAN II BENEFIT FROM THIS? IT SEEMS SARS DOES NOT TAKE THIS ACCOUNT.

How much tax do I pay on R6000 a month?

  Written by Marc   Posted 1 February 2013

I am asking on behalf of someone...
She earns R6000 a month and there is no deduction coming off, that is the amount deposited into the bank account. With that income every month, what deduction should her employer be taking off every month??

I have not filed tax returns since I don't work in SA anymore. Do I need to do this?

  Written by Marc   Posted 1 February 2013

Hi Taxtim! I'm a SA citizen but a resident in Canada for the past four years and paying taxes here (even for investment income earned in South Africa). I worked in South Africa and fulfilled all my tax obligations for the time I worked there. I still have investments (share trading and mutual funds) , Retirement annuity and joint property with my brother in South Africa. Do I need to file tax returns in SA?

How can i claim tax from my pension fund that has been paid out on resignation?

  Written by Marc   Posted 31 January 2013

I have resigned from my previous company and my pension fund has been paid out and I want to claim my money back.

Do i pay tax if i earn less than R5200.00 per month?

  Written by Marc   Posted 31 January 2013

I live in South Africa and earn R5000.00 a month. Do i need to pay tax?

My son is disabled, what costs can I recover for him?

  Written by Marc   Posted 31 January 2013

Can I recover costs of his carer if she also cleans the house? Can I claim her transport? My son is still in nappies at 4 years old, can I claim the cost of these as it is due to his disability? how can I maximize the return of some of costs I incur for him?

How long it takes to get my SARS tax number?

  Written by Marc   Posted 31 January 2013

I want to know how long it takes to get my SARS tax number because i want apply for job?

How to calculate taxable income?

  Written by Marc   Posted 30 January 2013

How do you calculate taxable income, grade 11 student?

What is the tax situation is w.r.t. a donation of less than R100 000 from a child to a parent?

  Written by Marc   Posted 30 January 2013

I know that it is possible to donate up to R100k per year to your children, but what about a donation to your retired parents? Especially if they are financially dependent on you?

How do I fill in the form as a salary earner PLUS freelancer?

  Written by Marc   Posted 30 January 2013

If I earn extra money as a freelancer, over and above my monthly salary, and I'm not registered as a business / CC, how do I fill that in on the form? i.e. I'm not the "director of a Private Company or a member of a Close Corporation" as it says in Section 13 & 14 - but I do freelance work outside my job that pays me (and some of it is foreign income).

How to do company tax returns?

  Written by Marc   Posted 30 January 2013

How many times should I submit the returns for my cc?

Entering Personal assets for the first time on ITR12

  Written by Marc   Posted 30 January 2013

I am a member of a CC, and need to enter personal assets for my ITR12. This will be the first time that I will be entering the values of these assets, although I have held these assets for a couple of years. I am concerned that the increase from zero in previous years will trigger investigation by SARS, is this the case, or do I just enter everything now, and ensure everything is kept up to date going forward.

How long does SARS take to pay out an income tax refund?

  Written by Marc   Posted 30 January 2013

I received my notice two days ago and want to know how long it takes for SARS to pay out a tax refund?

Tax Exemtion status

  Written by Marc   Posted 30 January 2013

My name is Sam working for the NGO and we have received a tax exemption and the Public Benefit Organisation status how that can help us in our fundraising for our programes and what is the procedure to identify donors?

Can you help me with Provisional Tax return?

  Written by Marc   Posted 30 January 2013

I am retired and my income is from Momentum who have invested my Pension Contributions when I retired. I always go to SARS to assist with my Return and was told last year that I am a provisional tax payer because of the savings I have and the interests I receive from these (over the allowed amount). I went to SARS to assist me with my first Provisional Tax Return in August 2012 & had to pay in R1000. I am very nervous to do Period 2 for 2012/2013. Are you able to assist me?

I don't know how to answer "Did you make any retirement annuity contributions?"

  Written by Marc   Posted 29 January 2013

I don't know how to answer "Did you make any retirement annuity contributions?"... I do have a retirement fund, but the contributions come straight from my Cost of Employment at the University of Cape Town before I get my salary, and they're on my IRP5.

What are the allowable retirement annuity deductions?

  Written by Marc   Posted 29 January 2013

With regards to current year dedcutable amounts allowed, what is the 'amount b/f from previous year' and 'amount c/f to following year' (how are they calculated on a tax assessment?)

Will you be providing a return for the IT34 for submission to SARS?

  Written by Marc   Posted 29 January 2013

The ITR12 is not the only SARS tax form that needs completion, there is the IT34 final assessment that also needs completion.

How do I get my IT3b and IT3c forms?

  Written by Marc   Posted 29 January 2013

How/where exactly does one get the IT3b and/or IT3c forms from and how do I know if I qualify for/need them? I have some minor money market investments, but am not sure if the interest earned on those is taxable as it is so little, so I'm not sure whether I need to submit these forms in the first place.

Do I need to manually request these from my bank/financial institutions or should they be sending them to me automatically?

If they are sent automatically, when should...

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Do domestic workers pay PAYE?

  Written by Marc   Posted 29 January 2013

Do they pay PAYE?

emloyment tax compliant

  Written by Marc   Posted 29 January 2013

I am employed by a new company from 1 April 2012, after i resigned from the Dept of Defence, so i did not receive my tax IRP5 to comply for 2012,how do i go about complying for 2012 tax compliant.

Please assis

How to register a small business, my tuck shop, I want to be tax compliant!

  Written by Marc   Posted 29 January 2013

I have a small business how do I start to be a tax compliant for my business?

Work over Internet and want to pay taxes! How?

  Written by Marc   Posted 28 January 2013

For the past 5 years I have been doing work over the 'internet' for an international company. Only now I have become aware of having to pay taxes. I am not registered. For the last 2 years I've received a steady income of R6 000 / month. I don't have a physical address or contact number for the company as we communicate through email. The company email me sketches of a building then I create a 3D model of the building and send it back.
How will paying taxes work for me ? Will there be pena...

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Do I need to submit deductions if total income is less than tax threshhold?

  Written by Marc   Posted 28 January 2013

Over the past years I went to great lengths to work out all my expenses for my provisional Tax return for my small, part-time therapy business and renting out a small flat. Do I really need to do this even if my total income does not reach the tax-threshold? This question still pertains to last tax-year (ending 28 Feb 2012),

Can I claim back on RA contributions if my business is the payer?

  Written by Marc   Posted 28 January 2013

I'm self employed, I have a retirement annuity but my premiums are paid through the business.
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