Do offshore workers pay tax ?

  Written by Marc   Posted 28 August 2015

I am working for a UK company in the offshore outside South Africa. I work 6 weeks away then 6 weeks in South Africa. I usually stay out of South Africa for more than 183 days but not 6o days consecutive. Being an offshore worker, am I still liable for paying taxes in South Africa?

Provisional Tax, should I submit?

  Written by Marc   Posted 28 August 2015

I get income through three sources:
- Salary
- Rental Income
- Affiliate Advertising Income

This year, I filled in my tax return (using TaxTim) indicating that I am (or should be a provisional taxpayer). However, my rental made a loss after all expenses and my affiliate income was really small for the year (less than R5,000 after expenses). I received the following from SARS in my ITA34 for 2015 tax season:
"According to the information you declared in your income tax return, you were liable to pay provisional tax for this year of assessment...

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I filed my return for 2012 since it was overdue now SARS is asking for supporting document and I do

  Written by Marc   Posted 28 August 2015

I filed my tax return for 2012 since it was overdue now SARS is asking for supporting document and I do not have my IRP5 with me.

How much I must pay/be paid?

  Written by Marc   Posted 28 August 2015

Thank you for submitting your income tax return for the 2015 year of assessment. Your assessment has been concluded and reflects an amount refundable to you of R -316. 36

Please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any other balances on your account. The current balance on your assessed account is R 4621. 86. For a statement reflecting your final balance (including all amounts payable or refund...

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Earned R43000 comm earner year ended feb 2015, travel & depreciation R17000 will I get tax refund

  Written by Marc   Posted 28 August 2015

Earned R43000 commission only year ended feb 2015, have travel expenditure of R13800 with log book and depreciation of R4200 on my vehicle, will I get tax refund?

Company changed trading name and I cannot get my 2011 IRP5 from new company

  Written by Marc   Posted 28 August 2015

Hi, I submitted my tax return this year 2015 and they owe me a refund, only to be asked for 2011 tax returns and 2013, 2014 when I filed I was not asked for 2011 tax return and I was paid refunds, when I check 2011 tax return on SARS eFiling it is black and I refreshed it still black. October 2011 I resigned, and joined another company that is the year my tax return is blank. And the company I resigned from I now merged with the other company and changed the trading name. When I contact them for...

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How much will I get if I start claiming my returns from 2013.

  Written by Marc   Posted 28 August 2015

I have been employed since 2013 and have not claimed my tax returns since then, so I would like to know how much I would get back if I claim this year.

I called my previous employer for my irp5, but they sent me an IT3a can I use it as supporting docum

  Written by Marc   Posted 28 August 2015

I called my previous employer for my IRP5, but they sent me an IT3a can I use it as supporting document.

Additional Medical expenses

  Written by Marc   Posted 28 August 2015

Why when I include medical expenses that are not covered by my Medical aid, does my tax return not change?
No refund at all.

Request for vehicle purchase agreement

  Written by Marc   Posted 28 August 2015

I submitted my tax returns via eFiling, I also claimed for travel expenses refunds on 2 vehicles my tax returns were selected for verification by auditors who are now requesting for copies of purchase agreement for both vehicles. I have contacted the bank to request for the copy of my old vehicle as I no longer have one, they told me the document has been archived and promised to send it through as soon as they have access to the file. I have waited without receiving the document is there an al...

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What can I do now?

  Written by Marc   Posted 27 August 2015

I never received my IRP5 from my employer

Query on SARS eFiling?

  Written by Marc   Posted 27 August 2015

Hi Tim

I have submitted my tax return, and was asked for supporting docs as I was selected for audit. I have since submitted all supporting docs, and on my SARS eFiling profile it shows that my tax return has been assessed. I have not received any letters or notifications from SARS yet. Also, there is a notification on my profile that I will receive a notification of my assessment on my SARS eFiling profile in the next 2 weeks, does this mean that my refund will only be paid out after...

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Taxation of rental income within a business

  Written by Marc   Posted 27 August 2015

I own properties in a business with 2 partners, can the monthly bond repayments be deducted from the income generated from the rentals?

Purchasing a home for a relative

  Written by Marc   Posted 27 August 2015

I am considering purchasing a residential property for a family relative, who would stay there and contribute towards the bond repayments. However, I would not live on the premises. From a tax perspective, what is the correct approach to avoid my relative's contributions being viewed as rental income?

Completion letter from SARS

  Written by Marc   Posted 27 August 2015

I received a Completion letter from SARS as below, what should I do next?
-------------------------------------------------------------------------------------------
VERIFICATION OF ASSESSMENT

We refer to the verification of your assessment for the 2015 tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required...

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How long does it take SARS to issue a return?

  Written by Marc   Posted 27 August 2015

I submitted my tax return in early July, the notice of assessment declared that I was owed a tax return. I still havn't received my tax return, and no audit appears on my profile. Is SARS just taking their time? I have heard about other people also not receiving their tax returns this tax year.

Will an outstanding tax 2011 influence my tax clearance? My pension is being paid out.

  Written by Marc   Posted 27 August 2015

My pension is being paid out. The pension fund will do a tax clearance before paying my pension. I have a 2011 tax payment outstanding, will this influence my tax clearance?

Do you deduct incurred expenditures against business income or paid expenditure?

  Written by Marc   Posted 26 August 2015

When seeking to deduct expenditure against my business income in the 'business income" section, I apply the general rule right - only deduct what I actually incurred to date, not what I paid?

How long does it take to get my refund? since I am not being audited

  Written by Marc   Posted 26 August 2015

How long does it take to get my refund? since I am not being audited

No idea what Qualifying medical expenditure means

  Written by Marc   Posted 26 August 2015

In the calculations output, look for the amount next to "Qualifying medical expenditure (section 6B)". Enter that amount now.

Can my employer claim my tax returns without my consent?

  Written by Marc   Posted 26 August 2015

Can my employer claim my tax returns without my knowledge and consent?

Zero provisional tax return

  Written by Marc   Posted 25 August 2015

I am registered as a provisional taxpayer as I earn investment income however due to contributions made to retirement annuity funds I will not owe SARS anything. In fact I expect a refund. Do I still have to complete a zero provisional tax return?

Provisional tax for business and personal

  Written by Marc   Posted 25 August 2015

Last month I registered my company as a Pty Ltd (previously I was a sole proprietor and was being taxed in my personal capacity). I am paying myself a monthly salary from my company, plus charging the company for a portion of the cell phone bill, etc. With respect to provisional tax, are my following understandings correct:
(a) In general, do I need to pay provisional tax both in my private capacity and as a business?
(b) Do I need to pay provisional tax now [August] for my business? (if not, when will I first need to complete my provisional tax return for my business?)...

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TAX BRACKET

  Written by Marc   Posted 25 August 2015

How much should I earn per month to fall into the tax bracket??

Percentage tax payable on a monthly pension of R15253

  Written by Marc   Posted 25 August 2015

What is the tax on a monthly pension of. R 15253
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