Tax Q&A

answers

What is medical tax credit and how does it work?

What is medical tax credit and how does it work? Please have a look at our blog on Medical Aid 2015 in order to have a better understanding. Does this r

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What is tax rebate?

What is tax rebate? A rebate is an amount that SARS takes off your tax owing to them each year depending on how old you are. Have a look at the latest rebate

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How much tax it is for gross of R11 211,50 with pension contribution of R720.00

If I get a gross salary of R11211.50 with pension contribution of R720.00 what will be or rather what is suppose to be my monthly tax payment? Please make us

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What is a dispute on eFiling?

What does it mean to dispute your return on eFiling? A dispute is when you are not happy with the assessment or result of your return (so the amount owed to

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Can a person who does not work get a tax reference?

I was interviewed for a job placement and passed, I have never worked or been employed before. I was then asked to submit a few documents including a tax refere

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I need my tax reference number?

What must I do to get my tax number? Have you registered with SARS for a tax number or has your employer? If you have not then you can click on How to get

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Married in community of property: Do I need my own tax number?

I'm married in community of property. Do I need my own tax reference number or can I file my return jointly with my spouse under his tax reference number? Do

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Office space in a bond free home?

I work from home in an office entirely devoted to work. Our bond is fully paid up. How do I claim deductions for this space if I am not paying off a bond? Yo

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How do I calculate a company IRP6 return with a loss?

How to calculate a company provisional IRP6 return? You enter the information on the IRP6 including the loss which will result in no tax needing to be paid.

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Tax on project bonus?

If I my gross salary is R22 000 and my employer pay me R10 000 as a project bonus then how do they calculate my tax? I've been liable for R 3,421.27 on my salar

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Claiming back for lump sum tax?

Can I claim back money if I collected a lump sum for provident/pension fund when I was dismissed? Unfortunately not, this is a full and final tax.

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Will I receive my tax refund?

Hi Tim. If one of my tax returns says that I'm not up for audit and SARS owes me and the other says I'm up for audit and SARS still owes me. Will I receive the

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Should my vehicle logbook to SARS include destination and reason for the trip ?

What trip detail does SARS require on the vehicle log sheet as I always send a detailed sheet for each month ( March - February ) showing the date of the trip,

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How long does it take for a refund, if any, to be paid ? Assuming everything is in order.

How long does it take for SARS to refund a taxpayer who is due for a refund, assuming that all is in order with the return and that no supporting documents and

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Can I claim for my hospital plan contributions?

If I have a hospital plan that I personally contribute to - no contributions from my employer. Would this contributions be considered a 'medical aid' contributi

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Maximum commission earned in order to pay tax?

Hi Tim, I work on a commission basis only & would like to know how much commission I would have to earn in a year to pay tax please? You need to earn mor

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What are the documents need to submit through online after filing my returns?

I submitted my tax return yesterday and received an SMS from SARS people asked me to submit the supporting documents? What are the necessary documents I need to

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If I work only half year does this affect my taxable income in eyes of SARS or maybe my tax rebate?

If I only worked half a year , how does this affect my tax calculation? You are still taxed on your income for a full year regardless of having worked half a

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How long it takes to get a tax number if you apply at SARS offices?

How long does it take to get a tax number if you apply at the SARS offices? It should be ready within 10 working days, but phone SARS after 4 to check.

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how much should I expect since Sars deducted R8000 from my salary of R32000 which was for five month

I started working at a company as a temporary part-time employee last year July and I received my first salary in December 2013 which included all the money fro

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Medical aid source codes 2014?

My question is with regard to medical aid source codes for February 2014. What codes should I use if the employer contributes 50% and the employee contributes

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Is tax payable on a fund that was liquidated?

Our company was liquidated and we are now after almost two years we will receive our provident fund.pay outs. Do we have to pay tax on it or is it tax free?

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What is my tax number?

I am presently working for edcon and I think they do deduct tax from my salary but I can't see my tax number on my payslip. Have a look on your payslip for

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First time registration for tax.

I have a sixteen year old son and still on school. I need to apply for a tax number for him in order to look for par-time work. How do I go about doing so? Y

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How much its tax on R7500.00?

How much its tax on R7500.00? Please use our SARS income tax calculator to calculate the tax payable on your salary.

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