Tax Q&A
Do l have to pay tax if l m earning R5,500?
Do l have to pay tax if l m earning R5,500? If this your total monthly earnings, then you don't need to pay tax. The tax threshold is currently R73,650 for
Read moreEfiling registration problem
I tried to register for SARS eFiling yesterday, but the system says my information does not correspond with the information they have on their system. What do
Read moreDeclaration of Donation under R 100 000
If I make a donation of R 100 000 to a family member, do I need to declare this payment to SARS even though there is no tax payable? No you will not, it mu
Read moreSupporting docs requested was uploaded, not sure what happens next for my returns to be paid
I have received this letter from SARS and uploaded the requested supporting docs. Thank you for submitting your income tax return for the 2015 year of assessm
Read moreCan the tax paid per your payslips up to 28 Feb be more than tax populated per IRP5?
Is there a legitimate reason why total tax paid by the entity as at 28 February per payslip would be more than the amount stated on the IRP5? No, the total
Read moreAudit by SARS
I was asked to submit supporting documents which I did at the SARS branch it has been more than 30 days is there a way that I can query the status of the audi
Read moreWill I get the balance back from SARS?
I've only worked 4 months of the 2015 tax year. Am I correct in saying that one does not need to pay tax if the yearly income is less the R80 000. My earnings
Read moreIf I qualify for exemptions do I still have to register for provisional tax?
If I am a director on a business that makes less than R30k per annum (not getting income from it) and am employed with a package of R500k per annum, am I sti
Read moreR7500 SALARY BONUS R4000 WHAT TAX WILL I PAY
My monthly salary is R7500 I am 54 years old, I am getting a bonus of R4000 the end of January 2016 month, please advise that my take home amount will be afte
Read moreWhat are tax implications when dates are incorrect on the IRP5
What difference does it make to my tax liability when the dates on the IRP5 are incorrect and it appears that I worked for two employers for a period of 5 mon
Read moreDeclaring Foreign Income
Do you need to now declare your foreign income in your tax return? I work and live in Dubai and only tax return to South Africa once maximum twice a year for
Read moreCapital Gains Tax / Primary Residence
I would like to sell a rental property of mine. How long do I have to go an stay in the rental property, before it can be classified as a primary residence wi
Read moreHow do I avoid double taxation between RSA and the USA?
I just invested in a Global Property index fund held under a tax-free savings account. I believe this is exempted from SARS 15% dividends tax. The IRS tax rat
Read moreTax implications of Grandparent paying grandchildren's school fees
Hi, is it permissible for a grandparent resident in South Africa to pay his UK resident grandchildren's school fees without it counting as a donation? Yes,
Read moreCan I opt just to have either my provident or pension fund paid out and to buy an RA with the other
I have both a pension fund and provident fund at my current employer. I plan to resign prior to the introduction of the retirement reform legislation thus bef
Read moreTax deductions with Medical aid
How do you calculate Tax when there is a medical aid deduction where the full contribution is from the employee and none from the company? Eg. Gross Salary: R1
Read moreDo I qualify for a tax rebate
I earn below R5000, don't pay anything extra besides UIF, can I still claim a refund? Unfortunately not, you don't pay any tax to be refunded.
Read moreTax refunds for non tax payers??
I earn a salary of R57000, don't pay tax, do I qualify for a tax refund? No you will not qualify for a refund as you do not pay any tax. A refund is only
Read moreCalculating tax for a us dollar income earner
I would like to help in calculating my provisional tax, I am a consultant who earns in US$ as well as another Rand salary. How do I calculate my tax given that
Read moreEmployer never issued me my IRP5 form.
My employer has been deducting PAYE off my salary but did not give me a IRP5 form. How can I find out if they actually have been paying PAYE and if they submi
Read moreCar allowance claim
I have submitted my tax return. Was audited and my car allowance claim excluded as they requested the purchase documentation for the car. Apparently they trie
Read moreWill a sev package tax exemption in 2012 affect tax level for early withdrawal in 2016?
I am withdrawing R660000-00 from my Pension Preservation fund. I understand that R25000 is tax free and I will be taxed 18% on the balance. However I was retr
Read moreWhere can I get IRP5 for 2003 to 2007 if company closed down
This is the first time since 2008 that tax told me my 2003 to 2007 is still outstanding. The employer I worked for that time closed down in 2014 and I can't g
Read moreImport IRP5
We have realised that we do need to import a second IRP5. Can you help us to import it?? Once you have authorised TaxTim on your SARS eFiling profile then
Read moreWhen one spouse married (ICOP) does not file a tax return can the other spouse be held liable?
When married in community of property can one spouse be held liable by SARS if the other spouse files their tax return late or simply does not file their tax
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