Am I registered as a taxpayer?

  Written by Marc   Posted 24 January 2013

I am employed and have being paying tax for a while but have not received any confirmation from the company to show that I am registered. How do I find my tax registration number?

Completely new to this, should I be paying tax at 22?

  Written by Marc   Posted 24 January 2013

I am in a pretty unique situation. I am 21 years old, I study through UNISA and have 2 real jobs during the week- both aupair positions.

I earn R3 000 from one and R6 500 from the other, I also get an additional R1 000 from my parents. My employer from the R6 500 job,has indicted that she has already registered me for PAYE, but doesn't deduct it from my salary as I fall below threshold.

Is there any other tax I should be registered for? if so, what tax and how do I go about...

Read more →

overdue tax

  Written by Marc   Posted 24 January 2013

Can you help with overdue tax returns from 2006? Are there any other costs involved?

When claiming depreciation on a vehicle can you also claim the repayments?

  Written by Marc   Posted 23 January 2013

I am a small business owner/operator and i use a bakkie for business, which I purchased in the last tax year (2012). If I claim the 5 year depreciation can I also claim the monthly repayments on the vehicle?

Thanks

I have not submitted the August return, do I send 2 in February?

  Written by Marc   Posted 23 January 2013

My tax consultant only now told me as a provisional taxpayer I should have done a return for 2012/2013 tax year in August and a second one in February. It is now late January - so do I send in two returns or just one?

Employer letter - Why home office should be allowed as a deduction (commission earners)?

  Written by Marc   Posted 23 January 2013

I am the financial manager of an insurance company and one of the employees has asked me to prepare a letter as requested by SARS. The letter is to motivate as to why the home office of the employee should be allowed as a deduction.

I would like to know what I need to include in the letter to make sure that the information is 100%.

I tried to request a provisional tax return But Status: Awaiting Registration Verification???

  Written by Marc   Posted 23 January 2013

I've registered as a provisional tax payer as i am a school teacher earning R5 000 and I earn commissions that add up to around R15 000 pm. I cannot get the return to fill it out though. Says Status:
Awaiting Registration Verification

I am a student and self employed with part time earnings of R6 600, how do I register as a taxpayer?

  Written by Marc   Posted 23 January 2013

I am a student and work for myself part time getting an amount of R6 600 a month. I have a registered tax number and need help with what to do to pay tax please and would like some assistance.

SARS lump 2 salaries together, a full time and a part-time salary.

  Written by Marc   Posted 22 January 2013

My wife worked full time for Johannesburg General Hospital for 2011 and she started to work part time from the 1st of December 2011 for Doctor Gordon's practice. SARS has add the two salaries. Now my wife must pay R17 000. Her part time salary is about R5 000 or less a month. PAYE of R3438.75 has been deducted from the period 01/01/2012 to period 28/02/2012. Annual PAYE deduction tables dated 2011.03.01, shows that PAYE of R3438.75 falls between an annual salary of R78 840-R78 889. I have a feel...

Read more →

How to get a tax refund?

  Written by Marc   Posted 22 January 2013

I have been submitting my IRP5 for tax return for the past 12 years but I have never received a refund, why is that?

I registerd with sars eFiling and got an sms that says thank you for registering with SARS, what now

  Written by Marc   Posted 22 January 2013

I received an sms after registering with SARS eFiling that a statement of account has been issued on SARS eFiling for period 2012/07/18 too 2013/01/18. what does it mean. will i get a refund. I got the sms on Friday the 18 January and how long will it take for me to get a refund?

If you have a depreciation expense from an asset eg a delivery vehicle, will that be offset by the a

  Written by Marc   Posted 22 January 2013

When do you put in the the add back?

Supporting documents - what if they are not submitted on time? I uploaded and forgot to submit?

  Written by Marc   Posted 21 January 2013

Hi Tim, great website and good gen. SARS phoned me asking for a schedule of my deductions. I uploaded it and forgot to click on 'submit', then received a second assessment disallowing the deductions - probably because I didn't submit the document.

What do you suggest? If I lodge a notice of objection, will they allow the late submission of the document? How much should I explain to them - fall on their mercy regarding my mistake, or just assert that I am entitled to the deductions? <...

Read more →

How do I calculate the travel expenses to be deducted from Commission Income?

  Written by Marc   Posted 21 January 2013

I earn commission only, but do not keep a logbook. Can I claim any deduction for travel from my Commission income. I kept the petrol slips.

Statement of assets when married out of community, but with 50/50 primary residence

  Written by Marc   Posted 21 January 2013

Interested in how to represent the primary residence assets amount on the ITR12, statement of local assets and liabilities, if:

Married out of community of property, with accrual
Purchased a house with the wife 50/50, therefore in both our names

What happens if you do not pay tax?

  Written by Marc   Posted 21 January 2013

My previous employer said that I do not earn enough to pay tax, I have just recently found out that even if you do not pay tax there are some administration fees that have to be paid in. I never knew this so will there be any penalties that I have to pay and will I get into any trouble with SARS for not paying the administration fees.

On the logbook do you need to give reason if a zero entry is made on a day of no travel?

  Written by Marc   Posted 20 January 2013

On my logbook I have several entries as zero where I did not use my vehicle for travel. does one need to give reason for this on the logbook?

How do i declare commission based income?

  Written by Marc   Posted 19 January 2013

A family member is a running the contract in my name, I went to study so they took over. The income is commission based and approx 15k a month. They using their own personal vehicles to run the contract and have a few people that works on a casual basis. How do I declare this income? And how will I declare the expenses? I just started working and earns 80 per annum which is taxable course.

How do I locate my tax number?

  Written by Marc   Posted 18 January 2013

I would like to find out how to retrieve my tax number?

How do I find out if I'm registered with SARS or not?

  Written by Marc   Posted 18 January 2013

My previous employer said that I did not earn enough to register for tax, but there were some forms that I filled in from SARS so I just need to find out if I am registered or not. My current employer want's my Tax no.

What is employee's tax?

  Written by Marc   Posted 17 January 2013

What is employee's tax?

How do I proceed with a tax directive? (One associated with my ex employer & from the pension fund)

  Written by Marc   Posted 16 January 2013

I retired on 30th June 2012 and received a SARS Tax Directive that states that "tax amounting to R0.00 is to be deducted from the gratuity / lump sum payment of R308732.65." What use does one make of this tax directive? Am I correct in assuming that this amount is to be subtracted from Income received (Codes 3697 & 3698). Is it still possible to submit my return via the provisional tax electronic medium; or will I now have to file a return manually at the end of February 2013?The p...

Read more →

What is the amount that I will receive for medical tax credits?

  Written by Marc   Posted 16 January 2013

If I receive R12350 CTC per month, and I pay a hospital plan of R1200 per month, can I get a tax credit?R500 for myself, R700 for two dependants.

How do I go about starting a business?

  Written by Marc   Posted 16 January 2013

Morning... I'm thinking of starting my own business - what should I do first? How much must the business earn per month to pay tax?

Maximum Limitation on Receiving a Gift before Liable for Tax?

  Written by Marc   Posted 15 January 2013

Hello Tim,What is the maximum amount of money that I can receive as a gift from somebody before I become liable to pay tax on the gift? To be exempt from paying tax on a gift, am I limited to whom I may receive a gift from (for example: a relative/friend/stranger/business)?Nice website, by the way.
Older posts →← Newer posts    293  294  295  296  297  298  299  300  301  302  303  304  305  306  307  308  309  310  311  312  313