Tax Q&A

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Source code 4002 a full amount paid or limited amount to be entered

For the amount of arrear contributions, do I include the full amount paid or the limited amount? You would include the full amount.

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Tax Directive for CCMA Settlement

I got paid out by my previous employer after a CCMA settlement in excess of R170 000. How do I know if they requested a tax directive for this and is it requi

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What is the differences between employees tax and PAYE tax, I also thought PAYE is being phased out?

What is the differences between employees tax and PAYE tax, I also thought PAYE is being phased out? They are the same thing essentially, PAYE stands for P

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Do you limit your arrears pension fund to 1800 or you enter the actual amount?

Do you limit your arrears pension fund to 1800 or you enter the actual amount? SARS will do the limiting, you would need to put the actual value in.

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Increase of salary?

What will my salary be before deductions, if I receive a 8 % increase? Please make use of our income tax calculator below to see how much tax you will pay

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Deceased tax number

How do I get a tax number of my brother in law who died? Call the SARS Helpdesk on 0800 00 7277 or have the Executor call SARS with your brother-in-law's d

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Was the wrong amount deducted

How do I calculate pension tax deduction after I received my money for 2011 according to SARS I owe them. The amount was R144817. 27 they deduct 21687. 285

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Deductions on 13th pay

What are the mandatory deductions on 13th cheque Your 13th salary cheque will get added to your gross income and taxed per the normal tax tables. You will

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Do I pay tax on a gift?

If my mother wants to give me a gift of R 100 000. 00 cash to be transferred into my cheque account, do I need to declare this anywhere and will I pay tax on

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REIT dividends tax paid

Regarding the REIT taxable dividends for individuals, where do you reflect the tax paid on the REIT income. If the whole amount is taxable then wont it then h

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What is member's share of claims paid/

On the medical Aid Certificate, what is member's share of claims paid? This is the portion that you paid for claims that was not refunded by the Medical Ai

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CPT payment on money held for 3rd party.

I have a parent whom gave me money a couple of years back to place in an investment in my name. Recently the entire investment was cashed out and transferred

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Travel claim to client site

As a consultant on a salary with a car allowance (3701) onsite 18 of every 20 days, can I claim travel to the client's place of business? Do you keep a

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Dependant / de-register / required to fill in a tax form if no longer earning a taxable income

I am married and a registered tax payer, no longer earning a taxable income. Do I need to de-register as a tax payer and if not, do I need to submit a tax ret

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Copy of f/stat showing business sold

Need a copy of a sole prop f/stat, showing my business has been sold Your accountant will need to provide this to you.

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Is it possible to have a negative amount for my 1st provisional tax payment?

Is it possible to have a negative amount for my 1st provisional tax payment? No, the amount should end up being zero.

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How long after it34 will I receive letter of comoletion

Hi, I did my husbands tax return via SARS eFiling. SARS asked for supporting documents and i've sent it. On Monday 7th Sept i've received an additional ITA34

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Vehicle expenses for business

When I was a sole proprietor, taxed under my own name, if I drove somewhere on business-related matters, I used my own vehicle. I then claimed those business

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Assist on completing a tax return?

Where do I start with my tax returns Please Register for TaxTim and we can assist you to complete and submit your Tax Return. Below are details too on how t

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How does "Interest on underpayment of prov tax" work?

I've done my 2012 tax return only now and I see the original assessment is R14,693.15. Now another item that is listed is:Interest on underpayment of prov tax

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Help! SARS has just informed that I need to submit a 2008 Tax Return

Good day,Over the past three weeks, I have been in contact with SARS telephonically regarding a refund due to me for the 2015 Tax Year. I have just been infor

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How can I go back to changing my answer for capital gains if I don't have the option?

I need to change my answer to capital gains that I gave, but the problem is I can't go back to the capital gains sections. How do I go back to it? If y

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I am a personal fitness trainer. Can I register for turnover tax.

I am a personal fitness trainer. Can I register for turnover tax. If more than 20% of a person's receipts for the year consist of income from rendering of

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Want to register for a tax number?

I have been tax exempt since 1997 when I left the forces. Been operating on a ad hoc basis doing upholstery work for people privately at home and never comple

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Tax Deduction on learnership remuneration

In addition to the tax deductions that a company can claim for entering into a learnership and completing the learnership, can the company also claim a tax de

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