Tax Q&A
Business mileage when working from home
I am employed as a service engineer, receive a travel allowance and own my own vehicle. Our company is embarking on a work from home initiative where we will
Read moreDo I need to file tax returns?
Hi Tim, I have been living permanently in the UK since July 2002 so have been a non-resident since then. I did work in SA for - 2 years prior to that and my
Read moreWear and Tear claim for home office equipment for sole proprietor
Can a sole proprietor claim wear and tear on home office furniture, equipment, computers? What is the allowance? Yes you will be able to, please look throu
Read morePlease explain provisional tax
I know that I have to pay personal tax 3 times a year but I don't understand for when I am paying or being calculated for. Please have a look through our
Read moreHow best to "structure" freelance income?
I work full time, earning a salary and paying PAYE tax. Through the year I have some projects that enable me to generate some extra income. However, if I just
Read moreDo students in a learnership pay tax?
I'm in a learnership. I get paid R3,120 plus R1,500 accommodation. The total is R4,620 per month. Do I pay tax? No, you are below the tax threshold and the
Read moreDo I qualify for Turnover Tax?
I work as a sole proprietor in the travel industry where I earn commission. I work from home and have to look for my own business but I work through a travel
Read moreHow do I gain access to company's Efiling profile?
I am the director of a company, whose tax was done by a tax practitioner, with the company on their SARS eFiling profile, I did not have shared access. The co
Read moreAuthorization of financial statements
First question: Is it compulsory for me to have my financial statements signed off by a CA? Can I compile my own company's financial statements and submit the
Read morePlease clarify treatment of the change in tax free portion of pension withdrawal from R315,000 to R5
If I at retirement (2013) withdrew a third of a Pension Fund that amounted to R600 000, when the tax free portion was R315 000, will I now be able to get the
Read moreWhat is the 2016 tax submission deadline?
When are the Year end tax submission due? Or rather when is the dead line? Tax submissions for the 2016 tax year only opens up on 1 July 2016 and closes en
Read moreHow to obtain a tax number if I live with my daughter?
I have never been a tax payer before and have never worked. I am 60 years old. I do not have a utility bill nor any proof. I reside with my daughter who looks
Read moreProvident fund taxable fringe benefit
When I captured the details of the monthly salary expense it calculated the following:Gross salary: R16 772. 83Included in gross salary is R1 500 provident fu
Read moreHow to file a nil tax return for a business?
How does an individual who hasn't worked for anyone and has no source of income - but yet has a registered business and is not currently trading - declare t
Read moreDo I need to transfer service contracts from personal account to my company?
I recently registered a business. I however still run an online ecommerce site where the proceeds go to my personal account by way of EFTs, Cash, SnapScan and
Read moreSME Tax
Do you also do small business tax? How much would cost for a small business tax? can I hire my unemployed family and friends and deduct their salaries from my
Read moreHow can I submit a backdated ITR14 form?
I am currently in the process for applying for a VAT number for our company. I was told by the SARS office that I need to submit my ITR14 Returns for the year
Read moreCan't acquire irp5 from previous employer before emigration
My previous employer liquidated on 12 February this year & the liquidation hasn't been completed yet. I am scheduled to move to work in Dubai in mid April on
Read moreNever claim tax refund since 2006 untill now can I claim for all those years
I have started working in 2006 but I never claim tax refund is possible for me to claim for all those years? Yes, please Register for TaxTim and let us as
Read moreAre Lotto or competition winnings taxable?
Do you get taxed if you win money, say through a competition or the lotto, and how much or how do you calculate the amount it will come to? No, Lotto winn
Read moreNeed to bring tax returns up to date
I have been working full time for about 4 years now. I have never submitted a tax return due to complete ignorance on my part. I have a few questions: 1. What
Read moreSoft copy of ITR12
Can you send ITR12 form to your email address? You would need to get this from SARS or you can make use of our online services by Register for TaxTim
Read moreTax Clearances
How to request tax clearances on e filing? Click on the services tab and follow the TCC instructions.
Read moreAm I liable for paying tax on foreign monetary gift?
I have been receiving a monthly monetary gift from my ex boyfriend who lives and works in the USA. He is not a South African tax payer and I am. This money is
Read moreCan't acquire IRP5 from previous employer before emigration
My previous employer liquidated on 12 February this year and the liquidation hasn't been completed yet. I am scheduled to move to work in Dubai in mid April a
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