Tax Q&A
Are legal expenses for CCMA legal advice deductible?
A company I worked for claimed intellectual property of software I developed in my private time for a private client. Their claim was based on the wording in my
Read moreNeed an extension on eFiling?
Hi Tim! Will the taxman give me an extension on my eFiling ? I get my statement from 2013 only in /- in a weeks time ! Unfortunately not, but if you submit
Read moreWhat do I apply for in Freelance?
Hi. I am getting paid a fixed monthly amount from a company to do merchandising for them 3 times a week. This is my only source of income? (R7000,00 per month)I w
Read moreTax on incentive and bonus
If I earn R5 133 gross per month and I receive a incentive of R3900 and a 13th Cheque of R5133, will I pay Tax on incentive or bonus? You will pay tax on the
Read moreYoung Disabled rebates applicable?
What are the rebates for disabled people below age 65? You are able to deduct all your medical expenses in full. There are no specific other rebates unfortu
Read moreCan you process a SARS Tax Number for me?
I need to have Tax Number from SARS. Can you process that for me? Unfortunately not, only you can apply for a tax number. Click the link to find out How t
Read moreImplications for permanent residence application if non-res performs work outside SA for SA employer
Hi Tim,I am responding to your answer to a question: https://www.taxtim.com/blog/how-do-i-know-if-i-am-a-tax-resident-of-south-africa#comment-1301I don't s
Read moreTreatmnet of taxable earnings refunded in clawback of maternity leave
My question is around the treatment of the tax on maternity leave that is clawed back. Our company pays 4 months full pay while an employee is on maternity lea
Read moreHow to claim Motorcar expenses
I am self employed (Handyman) and use my car to get to the places of business. I keep a log of km traveled for business. SARS informs me I am NOT allowed to cla
Read moreClaim full loan premium vs only interest paid
For investment properties, how do I declare the full debit order amount as a loss, instead of only the interest paid on the loan? You cannot, only the intere
Read morePrevious company did not forward IRP5 , now I am being penalized.
I really hope that you can help me. I have incurred a penalty because my previous employer did not forward my IRP5 for this passed financial year and therefore
Read moreI need my tax reference number please?
i dont know my tax id number can you send it to me please You need to phone 0800 00 7277 to retrieve it.
Read moreDebit Loan Accounts & DWT
I'm the sole member of a CC & have a debit loan account amount of approx R200,000 for the 2014 tax year. I believe that this raises certain DWT issues e
Read moreWhat is meant by "reduced assessment" and "additional assessment" in my ITA34?
Hi TaxTim. What is meant by "REDUCED ASSESSMENT" and "ADDITIONAL ASSESSMENT" in my IT34? Thanks in advance. The reduced assessment means the amount of tax owin
Read moreConfused by SARS eFiling
I did not submit a return last year as I had no income. I want to submit my current return, but I have no idea how to sort last year out.... Just click Unem
Read moreSubmission extension with SARS?
how do I apply for a tax extension? Unfortunately you cannot, however most likely you will not be penalised for submitting a day or two late.
Read moreWhen to receive money on my account from SARS?
When does the money appear in my bank account, after submitting my tax return (individual) Should be 2-3 days later unless SARS request further information.
Read moreStarted late in the year - when do I file and will I receive a refund?
I started working at a company in August of this year (2014).My gross annual salary is R360,000/year. Since I am paying taxes based on a full 12-month cycle but
Read moreDo students doing internship pay tax and also earning less than R5000?
I have been paying tax since I was a house committee at the university getting less than R500 then I became student assistant and got paid less than R4000 and s
Read moreNet Capital of Business for Sole Proprietors?
I'm a Sole Proprietor. Under "Statement of Local Assets and Liabilities" there is a field "Net Capital of Business, Trade, Profession or Farm
Read moreshould I do a tax form.
I've worked in the DRC up to June 2013. Then I was put on pension. I was unemployed up to April 2014. I was not sure whether I still have to do my tax certifica
Read moreAm I deducted or refunded?
I am from the SARS for the first time in my life to submit my tax returns, I have received a sms Amount -R1459.79 does this mean its penalty or its an amount I
Read moreBusiness parking fees
Where in eFiling do you log business parking fees?(If your business is in a business park) Are you filing for an individual? I'm filing for myself, but I
Read moreWhat does "Return - Data Submitted to ITS" mean?
Hi, my SARS status says "Return - Data Submitted To ITS" and has not changed since I submitted my assessment on 2014/09/07. No one has asked for any documents or
Read moreDo I need to include my pdf certificates?
Do I need to include my IRP5 certificate, Momentum and medical aid tax forms with my return? Not unless SARS asks for documentation proof.
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