Do travel days count towards 183 days out of country?

Posted 6 March 2014

Do the days of travel to and from SA count as being out of country?

Started at new company this year (Online company based in Norway) what tax do I pay?

Posted 27 February 2014

Up until December 2013 I worked at Incredible Connection. I earned a basic and commission. They always used the PAY-E (Pay as you earn) to pay my tax.

At my new Company, an online company based in Norway, I get paid a salary and commission together in 1 payment. I submit my commission table at the end of the month and I am paid around the 5th-7th of the following month.
My question is:
1) do I need to use an IRP6 now (Provisional) if my only income is via my salary and commission (although it is from a foreign country)? (I earn less than the 250000 per month) average which I think means I don't need an IRP6...

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Can you deduct travel expenses to & from coaching as an independent contractor if you keep a logbook

Posted 27 February 2014

If you work 2 jobs - 1 part time with a salary (office job) and the other ad-hoc coaching of sports. Can you deduct travel expenses for the travel to and from the ad-hoc coaching? [I know you can't to and from the work place for the salaried job.]

And what other deductions can you make besides the medical tax credit?

How do I claim study fees from my employer without being taxed heavily?

Posted 23 February 2014

I have a query regarding the payment of exams.
I recently registered and paid via my credit for an expert certification exam costing R20000.
My company agreed to pay half of the amount on condition that I sign a document stating that I will be liable for the amount should I fail or leave the company.
Unfortunately due to the scarce availability of seats to write the exam I had to use my personal credit card to book a seat as one became available or risk not being able to sit for the exam....

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Provisional Tax and charging Tax?

Posted 21 February 2014

If I were to open a small company (sole proprietership) doing plumbing work, would this make me a provisional tax payer even if its my only source of income? Also, on my invoices I would send out to clients for jobs done.. would I charge tax on these invoices?

SARS wants me to submit supporting documents, but the document list is empty

Posted 20 February 2014

I think SARS owes me a refund because my ITA34 reflected a negative number and said "refund due to you". Anyway they are now giving me grief, disputing my refund and demanding I respond in 21 days by sending me a "Final Request to Revise Income Tax Return or Submit Relevant Material". However in this document they say: "In the event that you couldn't find an error, you also had the option of submitting to SARS copies of the following material in support of the declarations made in your income tax return:" This is followed by an empty document list. ...

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SARS requesting private km and logbook for everyday of the year in addition to business travel?

Posted 18 February 2014

I'm claiming tax on my travel allowance and submitted my logbook based on the SARS logbook. Earlier today I was notified that my travel claim is disallowed. When I called them they said I should add my personal travel and mileage for everyday of that tax year. Is this normal? I thought SARS was only interested in business travel.

What is the PAYE formula?

Posted 17 February 2014

Mr ab is paid a monthly salary of R20 000 as well car allowance of R2 500. He belongs to company pension fund and contribute an amount equal of 7.5% his basic salary. The company does the same. He is also member of medical aid and his total contribution is 2100 of which the company contributes half.

How do you calculate this?

What methods of apportionment of home office expenses are acceptable to SARS?

Posted 11 February 2014

I am a 100% commission earning employee who runs all my business activities from my residence. I estimate my business share of home expenses as being higher than simply the size of my office as a percentage of the house floor space. Can I include more area, such as the kitchen (used for meals during office hours) and the dining room (used for meetings)? Is floor space the only apportionment method?

WEAR-AND-TEAR OR DEPRECIATION ALLOWANCE of INCOME TAX ACT NO. 58 OF 1962?

Posted 28 January 2014

WEAR-AND-TEAR OR DEPRECIATION ALLOWANCE of INCOME TAX ACT NO. 58 OF 1962
is it still valid - can I use this list of depreciation in 2014 or has there been changes made?

tax rebatre for branded vehicles

Posted 23 January 2014

What are the rules regarding company vehicles and branding of company vehicles, is there a tax benefit to the driver of a company vehicle if it is branded?

Basic salary Comm earned, how am I taxed?

Posted 20 January 2014

I am earning R4000 basic commission which could bump my salary over R6000 per month. Am I then taxed for the full amount or would I only be taxed on my commission earned?

Removing uploaded documents off sars e-filing

Posted 17 January 2014

Is there a way to remove supporting documents that I have uploaded on the SARS eFiling website?

If I am a new Estate Agent what do I need to pay tax?

Posted 16 January 2014

If I am a new Estate Agent what do I need to pay tax? I would prefer to pay my own tax rather than the Agency.

International Tax and Tax Treaties

Posted 15 January 2014

Dear Tax Tim

I earn international income as an individual (not a registered company ) on a monthly basis, what type tax will I be liable for in South Africa? Will I have to pay standard income tax in South Africa?

I earn this whilst in South Africa and not abroad as a monthly commission payout. How does tax treaties apply to foreign income or will this not be applicable to individuals?

Tax on leave buyback?

Posted 14 January 2014

Some are saying that when an employer buys back leave, the employee is taxed at 50%. Is this correct?

Can PAYE be deducted if on commission only and can I invoice the company contracting me ?

Posted 7 January 2014

I'm a consultant and earned only 5% on commission. The company pays me a retainer of R10K per month. Can they deduct PAYE per month ( 5 month contract only)? if so, of how many %? Can I bill them in my personal capacity or from my CC? what would the tax implication be?

Where do I find link to 'Directives' on home page of website?

Posted 17 December 2013

Where do I find link to 'Directives' on home page of website?
'Services' does not include a sub heading 'Directives'.

Is TaxTim compatible with Iphone 5

Posted 13 December 2013

Is Tax Tim logbook, compatible with Iphone5. Is there an Tax Tim app for iphone

Tax payable as freelance worker?

Posted 11 December 2013

I work on commission basis as a freelance teacher and have no basic salary. What tax must I pay?

Office Allowance source code 4028?

Posted 5 December 2013

I receive office allowance as an income and now my accountant tells me I should have this under code 4028 as a deduction. How does one qualify to have this kind of allowance?

Tax return for laptop

Posted 1 December 2013

I have purchased a dell laptop few months back online in Germany. Now, I am leaving germany permanently and will settle down in India. It is written in Frankfurt airport website that "If you are leaving the European Union and live outside it, you are entitled to refund on the value-added tax paid on all merchandise purchased within the EU." So, can I claim for the tax return for my laptop in the airport although it was purchased online and already used for few months Please let me know...

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Tax on variable monthly income?

Posted 30 November 2013

My monthly salary varies as it is based on number of clients seen etc- does this affect the way PAYE is calculated? The PAYE I am getting charged is almost double the guidelines set out on the SARS table?

VAT issues:registered vs non-registered vendors and correct manner of preparing invoice by non-reg?

Posted 28 November 2013

If a business is operating from home and provides basic bookkeeping services. Income generated is well below the VAT threshold and the client requires an invoice, what is the correct manner in which the invoice must be prepared by the bookkeeper? Client is a registered VAT vendor while bookkeeper is not.

I am disputing my payment with SARS?

Posted 28 November 2013

I have files a notice of objection as I do not think I was reimbursed for my travel expenses. How long will it take for SARS to come back to me?
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