When to deduct PAYE?

  Written by Marc   Posted 20 January 2016

We have a temporary employee with a 3 month contract. The employee will not claim UIF and as she is a housewife this income will not be declared. Must we deduct PAYE?

Clarity on having 2 cars -company car vs car allownace

  Written by Marc   Posted 20 January 2016

I am a shareholder in a private company. I get a company car benefit of R800 000 to be used for 1 or 2 cars. I am for best way to structure package. My wife has a R200 000 car and I have a R400 000 car. I do very few business km and ride my private motorcycle to work mainly. I am thinking of switching my car to car allowance. I assume that if I switch then my wife's car is no longer a company car and there are no tax benefits/deductions allowed for her car? As far as I am aware you cannot have...

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Is transferring of RA funds between RA's considered non-pensionable income

  Written by Marc   Posted 19 January 2016

I am considering changing the retirement annuity I currently contribute towards. If I ask the funds to be transferred from one to the other, would this amount be considered as non-pensionable income when I file my tax return. If so, am I therefore liable to pay tax on this amount even though it is being transferred from one RA to another directly without coming to my bank account directly.

Company Tax?

  Written by Marc   Posted 19 January 2016

Can you help register my company with SARS or do you only help with individuals? I need to register my company in order to get a reference number before I can apply for PAYE and Income Tax. Only once I have this reference number can I apply for Income and PAYE tax and only once I have an Income Tax Number can I apply for my permit.

Total Employees Tax and PAYE Queries

  Written by Marc   Posted 19 January 2016

If the Gross Remuneration (Annual) is R 72,035. 04, what will the Total Employee's Tax be? (Pay of R6002. 92)

Also if the Gross Remuneration (Annual) is R59,399. 52 what will the Total Employee's Tax be? (Pay of R4949. 96)

What PAYE should be paid on these Salaries, if any?

How can the tax directive be escalated?

  Written by Marc   Posted 19 January 2016

My fund administrator applied for my tax directive with SARS but it was rejected saying my tax number is invalid. I then phoned SARS and they confirmed all my details are correct but there is an error so their IT guys must look into it. I need my provident fund spy out. My problem is that they said it takes up to 21days,I need this money desperately. What can I do? Thank you Tim.

Tax Refund for taxpayers?

  Written by Marc   Posted 19 January 2016

SARS Haven't paid me my refund for 2014 / 2015 both was audited. They say I must summit my 2008 IRP5 and the company that I worked for at that time doesn't have any record of it now. They say I must get an Affidavit at a police station and summit to them. What must be written in the Affidavit?

Travel

  Written by Marc   Posted 19 January 2016

If you are self employed and pay provisional, can we use the SARS tables or are we required to give actual costs.... I. E. Fuel repairs...,,
If we are required to give actual cost can we claim back finance repayments or the interest only, aswell as 20 % depreciation...

Tax on retention bonus

  Written by Marc   Posted 19 January 2016

How is retention bonus taxed. Say one is receiving R200 000 cash payout. How will this be calculated?

Tax rules for foreign income for SARS?

  Written by Marc   Posted 19 January 2016

Please advise the tax rules for working outside of SA? No income is earned in SA only abroad.

Do you pay UIF on commission?

  Written by Marc   Posted 19 January 2016

Do you pay UIF on commission?

Is it correct to say the marginal tax rate is different to the effective tax rate?

  Written by Marc   Posted 18 January 2016

Marginal tax rate: Is a person who is taxed at 41% actually taxed at 41%? Because of the fact that there is a primary rebate of R73,650 the tax payer is not taxed on the full amount at 41%. Thus the effective tax rate is less than 41%. Is this correct?

How do I go about renewing my company's tax clearance and is it possible to do it online?

  Written by Nicci   Posted 18 January 2016

I registered a private company and got my tax clearance done around this time last year and for the past 12 months the company has not made any income. How do I go about renewing my company's tax clearance and is it possible to do it online?

How to get my tax number?

  Written by Marc   Posted 18 January 2016

How can I get my tax number

Exceeding 8000km for 3703 code

  Written by Marc   Posted 18 January 2016

Hi Tim. Each month, my payslip has indicated payment of non taxable reimbursement of travel expenses to me. Having exceeded the 8000km, should my tax return indicate the 8000km reimbursement as tax free (3203) and the excess as taxable (3702), or does the entire amount become taxable (3702).
My employer has put my full

How will SARS know what's petty cash and what's income?

  Written by Marc   Posted 18 January 2016

I get petty cash from my company deposited in my account throughout the month and year, how will SARS know it's petty cash and not an income?

My husband had to buy a car to use for business purposes, may he claim this from SARS?

  Written by Nicci   Posted 18 January 2016

My husband had to buy a car to use for business purposes, may he claim this from SARS? This was part of his employment contract with the company

Is our company a Personal Service Provider.

  Written by Marc   Posted 18 January 2016

Our company has 3 directors and no separate employees. Two directors work for the company and the third (me) doesn't work for the company. The company supplies IT services, sales and consulting to many clients, no one of which generates more than 80% of our turnover. However, the services, etc are supplied to all clients by the working directors as there are no other employees. Turnover will be about R2 000 000 in this tax year. Will we be seen as Personal Service Providers and if so, what is th...

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Concern

  Written by Marc   Posted 18 January 2016

If I earn R1236. 00 per week what is my taxable deduction

Leaving SA - tax return

  Written by Nicci   Posted 15 January 2016

I have taxpayer that is leaving SA permanently on the 01 May 2016. According to the income tax act article 9H(2) the taxpayer must submit tax return on date of not being resident in SA as well as tax return on the end of the year 28 February 2017. The question however is how do we submit two tax returns in one year or what must we do to have this information for the year correctly carried over to SARS?

How much do I set my travel allowance amount for this tax year?

  Written by Nicci   Posted 15 January 2016

I should be able to claim a travel allowance as I am consulted out to one or more clients on a permanent basis from my employer. However, I don't have a travel allowance on my payslip and I need on in order to claim. I can request for an allowance to be added, but it needs to be added as a matter of urgency to be part of this tax year. Question is how much do I set the amount to? Would it need to be 12x what the normal amount should be?

Can I claim Provident Fund from SARS?

  Written by Nicci   Posted 15 January 2016

I am a member of a Provident fund does this mean I can claim from SARS? Like I would with an annuity

Am I supposed to pay tax?

  Written by Nicci   Posted 15 January 2016

I am a foreign student studying in South Africa, I got a part time job earning about R20,000. I resigned after 2yrs 8months. I was informed there is a provident fund I was to collect. The company was deducting tax from me every month. Was I supposed to pay tax? And will this affect the tax directive for me to receive my provident fund

Tax rules for foreign income

  Written by Nicci   Posted 15 January 2016

Please advise the tax rules for working outside of SA? No income is earned in SA only abroad.

Salon tax

  Written by Nicci   Posted 15 January 2016

I own a small salon. It's doing pretty well. It's been 6 months since it opened. It has its own business account. I have 3 employees, 1manager (7k) and 2 casuals (3k monthly). Problem is I don't knw where to start; how should I go about with SARS and my business, what should I bring? I contacted an audit company and they requsted 12 bank statements. I have 6months. is it early for my business to do SARS....? And my employee who earns 7k and me should I tax our salaries by where to pay?
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