Can I claim study fees reimbursement?

  Written by Marc   Posted 10 July 2013

I am a salaried, permanently employed person. I claim on a semester basis (based on what I pass), the module registration fees and textbook fees. Up until about a year ago, I would receive the full amount claimed from the company. Now I don't. When I queried this I was told that I am paying tax on the amount that I claim to the tune of 40% or something. I was also told that if I had allowed the company to register for me etc then obviously I wouldn't pay anything unless I fail a module.
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Can I claim for the depreciation of my vehicle for which I get an allowance or is that included?

  Written by Marc   Posted 10 July 2013

I get an allowance of R48 000 p.a and I incured costs of R75 000 inlcusive of the lease payment for the vehicle in my name. I also incured personal expenses of R765 not recovered from the medical aid. The SARS calculator retuned R9885. I dont think thats right.

If I work away from home can I deduct accommodation costs?

  Written by Marc   Posted 6 July 2013

I live in the Cape but have been working in Johannesburg for six months of the tax year. The company I work for has given me an IRP5 and submitted that to SARS. I am paying for a B&B in Jhb privately - can I deduct that from my salary?

SARS Return Status.

  Written by Marc   Posted 5 July 2013

What does a SARS status of "Return - Data submitted to ITS" mean. I already have a ITSA. Just wondering about the status.

What deduction can be claimed against income code 3713?

  Written by Marc   Posted 5 July 2013

What deduction can be claimed against income code 3713. What allowable expenses can be claimed by an individual if they earned R162 650 Code 3713 R37 106 Code 3606.....?

Commission earned for tax purposes?

  Written by Marc   Posted 5 July 2013

If I earn some commission in addition to my salary, can I claim my travel expenses and cellphone bills.

Reimbursive Travel Expenses -when is it taxable or non-taxable?

  Written by Marc   Posted 5 July 2013

My total reimbursive travel expenses are R13 802 for the 2013 tax year. My company rate is R4,30 p/km and I have received no travel allowances during the year. My IRP5 shows both 3072 R12 319 and 3073 R1 483. What code and amount should I put on my tax return?

Can I deduct car finance payments for tax purposes against a travel allowance?

  Written by Marc   Posted 5 July 2013

I do not lease a car, but I receive a car allowance. Can I deduct my car finance payments or the interest?

If earning a salary as well as commission but fall below the necessary threshold.

  Written by Marc   Posted 5 July 2013

Would a return not be given for commission as this is heavily taxed?

I'm on a commission only based income - my income varies substantially monthly what should I be taxe

  Written by Marc   Posted 4 July 2013

One month I could earn R20,000.00 and the next month R5,000.00 I get no basic, allowances, pension, medical etc

How do I claim for buying a house?

  Written by Marc   Posted 4 July 2013

I am a freelancer in the film industry. I have been told that I can claim back for buying a house and renovating it. Is this true? I would also like to claim back for my car expenses. I have receipts for fuel and maintenance and my opening and closing kilometers for the tax year. I'm not sure how to fill in the log book though, do I need to fill in for each trip?

Leave pay

  Written by Marc   Posted 4 July 2013

I work as an sales rep. I don't know how to call this. At my previous employer I got a (leave pay bonus) if I took leave. They explained it to me at the time that because I work for commission that I was entitled to the (bonus) as if I made a sale in that month so they paid me this (leave pay)

My new company does not know what I'm talking about and my previous employer has closed down.

Do you maybe know what I'm talking about?

What is the tax implication if have use of a company car? and can I claim any deductions on my ITR12

  Written by Marc   Posted 4 July 2013

What is the tax implication if have use of a company car and can I claim any deductions on my tax return. Do I have to keep logbook?

When submitting return what documents do I need to have?

How do you apportion depreciation for a PC with both business and personal use?

  Written by Marc   Posted 3 July 2013

I bought a computer for my work (I'm a sole proprietor) and I believe that I have to apportion any depreciation I want to claim on it on my ITR12--although it is mostly used for work, I do use it a bit for non-business purposes as well.

Could you please tell me how I would calculate an apportionment like this and if I would have to have been keeping records of use for the computer?

Payslip

  Written by Marc   Posted 3 July 2013

I have a problem understanding my payslip. I am a freelance and earn only commissions.
I dont know what to claim of my income tax;
My payslip consist of:
- Total earnings : 7500
- total company contributions : xxx
- taxable earnings : xxx (what does that mean)
- tax : xxx
- total deductions : xxx
- net salary : xxx

What is tax and total deductions? Those two amounts sometimes differs and sometimes are the same. As I am a freelance and work by ...

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Cellphone depreciation?

  Written by Marc   Posted 3 July 2013

What supporting documents do I need to add if I claim for cellphone depreciation. If I use my phone for mainly business but I pay for the contract not my employer?

May I claim my km to and from work if I get a travel allowance?

  Written by Marc   Posted 2 July 2013

I only use my car for business and to and from work.

Provident fund transfers to Retirement Annuity - are there tax implications?

  Written by Marc   Posted 2 July 2013

I had a Provident Fund with my previous employer, I changed jobs in November 2012 and transferred the funds from the Provident Fund into a Retirement Annuity. I contributed towards the Retirement Annuity in my own capacity from November 2012 - February 2013. When asked to enter a Retirement Annuity contribution for the 2013 tax year, do I only need to enter the amount contributed from November 2012 - Feb 2013 or does the RA contribution amount also need to include the funds transferred from the ...

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Medical Aid Monthly Contribution VS Tax Credit on Medical Aid?? How to deduct?

  Written by Marc   Posted 2 July 2013

Hi Tax Tim
Great website, very helpful over the last couple of months.
I am busy filling in my ITR12, and I have a lot of deductions, ie depreciation etc, but when I enter my medical aid contributions, (paid by myself, R 1900 per month), and I calculate my tax return, it shows in the 4008 field R0.00. Please advise how to make this amount come in to account and how does the new tax credit work in my case? Lastly, re-imbursive travel expenses, how do I deduct this? I travel some times f...

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Should I have proof of out of pocket medical expenses?

  Written by Marc   Posted 2 July 2013

I didn't keep any invoices for my out of pocket medical expenses, can I still claim on them?

Hi Tim, I get travel reimbursement from my company at R3.24 per km traveled.

  Written by Marc   Posted 1 July 2013

The code on my IRP5 is 3703. Should I claim costs against this?

How to claim for km used and for own private vehicle use for work?

  Written by Marc   Posted 1 July 2013

The new information to create your personal income tax return now only give you a option "do you want to claim expenditure against the employer provided vehicle.

I have not kept a logbook but I can almost accurately estimate total business travel, what can I do?

  Written by Marc   Posted 1 July 2013

Travel allowance can you help with retrospective reconstruction of log book and how much is the service?

Can I claim my laptop for tax purposes?

  Written by Marc   Posted 28 June 2013

I did freelance work through my company, but it was paid in as my salary, so not recognized as freelance work and means I'm unable to claim any expenses. Can I claim the laptop I bought and used to work from home on as a business expense?

PAYE if I have 3 day a week permanent job and 3month contract with 2 days a week?

  Written by Marc   Posted 27 June 2013

If I work permanent 3 days a week get R5180 per month before tax, and a contract for 3 months 2 days a week at R6000 per month before tax. How will my tax work?
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