I don't receive a travel allowance, but I'm on a company vehicle lease scheme. It assumes I receive fuel, which I don't. I also do business mileage and I have source code 3802 on my IRP5. What should I do?
I'm a commission earner. I joined a company in January and I didn't earn any commission from January to 28 February. My previous IRP5 shows me working at that previous company for 10 months. Do I need an IRP5 with zero income on it for the 2 months at the new company? Would anything need to be submitted to show that I was employed for the 10 months at the first company and 2 months at the present company = the full 12 Months? Also, does the new company have to upload anything so that...
My wife and I are directors of our company. We have not paid ourselves a salary as such, but took money against a loan account during the year. We are provisional tax payers. We don't have any IRP5's as we haven't issued any in our company. How do we rectify this or account to SARS?
I've gone from working for an employer to freelancing and now I'm working on a contract basis. I'm not taxed on my contract income. All I do is send an invoice and they pay me and deduct nothing off that. I'd like to still pay SARS the PAYE, is that possible? (I have my own retirement fund).
I am starting a career as a tour guide and the company will require us to sort our own taxes out. The amount of money I will earn per month will vary. The salary will consist out of a salary paid from the company per trip, as well as tips.
How do I go about tax when your salary will vary per month?
How do I claim petrol on tax? For the previous tax year I've kept a detailed petrol log through your app and I've been using my own petrol card and claiming back. I do receive a travel allowance. The company has now given us petrol cards, do I still need to keep a log to claim or can I not claim because the company is paying?
I've been working for the past 5 years and have never claimed back tax. I have all my IRP5 certificates since I started working. I have no travel allowance, I usually pay for everything with my own finances. I'm registered for tax with SARS, but I'm not sure if I'm registered on SARS eFiling.
Does a start-up company (dormant pty company) with zero income for first 2 years, have to register for provisional tax? The director does earn a normal salary from employer, but created company name to work on part time. The director is busy with research before there will be any taxable income. The director created the company name to reserve the name before it is taken. ( the company also needs tax number) Do not want to go through the admin for provisional tax before it is needed. Only ...
Why does my tax fluctuate every month on my payslip? I'm a fully employed with a monthly salary- no overtime or shifts. I saw that you've already said it should not fluctuate. How does one go about rectifying it?
My employer doesn't reimburse me for traveling in between the office and our sites. I don't have a company car but I drive about 92KM per day between the office and on of our sites. Would it be possible to claim KMs from SARS for the use of my private car? And the company doesn't provide a cellphone allowance but I'm required to use my phone a lot at work. I receive no allowance and I'm not a commission earner. Can I claim for the contract I was forced to take?
I'm a South African citizen. Currently living and working in Argentina, but I'm considering taking a job that would allow me to move back home. The job would pay me in US dollars on a monthly basis. How would I pay tax and what amount is taxable and how does this all work. (Let's say the salary would be 4000USD per month).
I submitted my 2016 tax return using my actual cost on my travel expenses. How can I have it changed to fixed cost as my business travel was about 16000km whilst my actual cost was only R399.00? My tax return was audited by SARS and I've disputed on these grounds several times as well as gone to SARS twice. I've been told that it's possible to have this changed and the consultant at SARS has requested it be done on their system but no change so far. The latest statement still reflects only R217,...
At the end of the current tax year my taxable income will exceed R1.5 million largely due to income from an employee share option scheme. My income comprises salary only. And from the normal statutory deductions I contribute to a retirement fund and retirement annuity. Apart from maximizing my contribution to retirement funds, how else could I reduce my tax liability?
I work in IT and I get paid my normal salary every month and on occasion. I'm also involved with projects where I earn commission. I don't actually know how my commission is calculated, but I'd like to know how I can get more of my commission paid to me instead of being taxed so highly. My Minimal expenses are i.e. calls and some driving around but I don't claim for it because it's usually a very small claim.
When receiving a Dividend from a Company (as a Shareholder). The Shareholder is taxed at 20% of the value on the dividend paid. If you're also earning a regular salary and paying PAYE monthly, would such dividends paid, be subject to additional Income Tax?