Tax Q&A
Do I use my PAYE no. to submit a Tax Return?
I have not registered a tax return for the past 15 years. I receive a pension and have a PAYE number. Do I need to register with the SARS for my tax Returns or do
Read moreAre bank charges deductable wrt interest earned?
I have a money market account and am charged a monthly fee. Can I deduct this from my gross interest? No unfortunately you cannot.
Read moreWhat is Section 89 Quat(2)
What is section 89 quat(2) interest? This is interest on tax that has been under or over paid on provisional declarations.
Read moreWhat will the tax impl be of transferring property
I wish to have a property of my parents transferred to myself and the transaction to be concluded using an interest free loan from my parents. I then wish for
Read moreTax on small businesses?
What if the Small business has had no profit, can I still claim from SARS There is nothing to claim as there is no profit to pay tax on. However you should s
Read moreHow do I claim the 2013 returns from SARS?
Submitted 2013 returns this year and found out that SARS owe me a certain amount, how do I claim that amount from SARS? If they owe you then you should be p
Read moreIs interest from a government taxable?
Is interest from a government source taxable? All interest is taxable over the R23 800 for persons under 65 years of age.
Read moreWhat will happen if I owe SARS and I don't pay for decades?
What will happen if I owe SARS and I don't pay for decades? They can request your employer deducts money from your salary before paying you.
Read morePaying tax working for a partnership.
I have started a new job where I'm working for partners and they will be paying me R5000 each from their respective accounts. I have not paid tax before bu
Read moreManual Audit - what is the time frame and turnaround from SARS?
I have been selected for a manual audit. How long could this take and what does it involve? I have sent through all documents today. Please read our blog po
Read moreWhen to submit provisional tax returns?
Hi, I have submitted my 2013/2014 ITR12 - have now discovered that I am a provisional taxpayer. So do I have to now complete an IRP6 for the period March to Aug
Read moreTAX CLEARANCE CERTIFICATE
FOR A TAX CLEARANCE CERTIFICATE APPLICATION -WHAT TYPE OF REASON FOR GOOD STANDING DO I NEED TO PUT DOWN?MANY THANKSNATASHCA Just put - GOOD STANDING in the
Read moreTAN RETURNS SUBMISSION
I NEED TO SUBMIT TAX RETURNS Please click the link to Register for TaxTim and begin the process.
Read moreWill SARS give me my tax No. over the phone?
If I've forgotten my Tax No., will SARS give it to me over the phone? Yes they will - please call 0800 00 7277 to retrieve it.
Read moreI am unable to log into eFiling with my details, is it because I manually submitted my return 2012-2
I have registered for eFiling for the tax year 2011-2012 and in the tax year 2012-2013. I manually submitted my return. Please advise if I can still use my log
Read moreWho should claim the medical tax credit?
I would like to find out if it is better to let my medical aid be deducted from my salary or is it better for me to pay it with a debit order, which method will
Read moreFiling ITR12 on behalf of deceased husband?
Hi there, my husband passed away in July 2014 and I don't know what procedure I must follow in terms of doing his 2014 ITR12. Am I able to do it on his behalf a
Read moreEarly retirement lump sum
I am resigning in December 2014, but owe SARS about R5000. Will SARS deduct it with my pension lump sum tax? They can ask your employer to pay all the amount
Read moreHow is tax calculated on on half-yearly payments?
I receive an average monthly salary of R25 000 for which PAYE is deducted at the rate given in the PAYE table. However, I receive an extra R30 000 twice a year.
Read moreRefund delay from SARS?
I have not received my refund after 30 days. I have also had to go to SARS 3 times to verify my details. What could be the problem? It is most likely being a
Read moreProvisional Tax Payer
Must I register as a provisional tax payer OR will SARS inform me? Please answer these questions to see if you are a Provisional taxpayer? Thank you - so
Read moreReimbirsive travel allowance declaration for income?
I would like to if, how do submit for taxable reimbursive travel allowance? Is this amount on your IRP5 and if so what source code? 3702 Then you don't
Read moreIssue of IRP5 certificates at the time of Interiem reco submission
Do an employer needs to issue IRP5 certificates to employees after the interim reconciliation submission No they don't this is not required.
Read moreCan you help us do our CC's tax ourselves?
We own a small business doing Tours and Transfers, registered as a CC with one owner. Can you assist us to do our tax ourselves, cutting out the accountant, but
Read morePossibility of a Tax Number being shared?
How is it possible that two people can share one tax number? It isn't possible - SARS issues one tax number per person.
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