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Claims for commission-earner

Posted 28 July 2015 under Tax Questions



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Terri says:
30 June 2015 at 14:01

Hi Tim, I earn a set salary with commission and allowances such as travel and cell phone and a small portion of medical aid. 1. Can I claim back for the additional Gap cover I pay for? 2. Can I claim for my monthly insurance on my car? 3. Can I claim for my car license I paid for? I had been using a broker over the last 2 years and I see they never put in for any of the above. Nor did she claim for the service I paid for on my car? Please can you help?

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TaxTimTaxTim says:
30 June 2015 at 15:02

What percentage of your overall income does your commission make up? Do you receive any travel allowance?


Terri says:
30 June 2015 at 15:20

I would say my commission makes up for 30% of my overall income.
Yes I do have a travel allowance.


TaxTimTaxTim says:
30 June 2015 at 15:26

Given you have a travel allowance you need to keep a logbook and all records of car expenses including insurance etc. You will then complete a tax return and include the all these amounts and the details of travel from your logbook.

Your broker, was she a tax specialist registered with SARS? If not then she would not be allowed to do your returns.


Terri says:
30 June 2015 at 15:50

I have a log book as well as all the slips proving what I have paid for including my insurance policies.

Do I calculate the insurance over the financial year and input that total? eg my insurance on my car was at R1335.37 per month do I x this by 12?
I see on the SARS forms its has a section that says Insurance and License Fees. Do I take the total of the insurance add the license fee and input that total?

For repairs and maintenance is this where I add in the amount on the invoice for a service?

I just do not understand how they missed all of this last year?

Please can you let me know if I am able to include the annually amount I pay for Gap cover under medical not covered by the scheme?


TaxTimTaxTim says:
1 July 2015 at 7:14

You would include the amounts annually so yes take the monthly amounts and multiply that by 12 and include the licence fees. The service would go under Repairs yes.

You can re-open the prior year returns and add these amounts now.

Gap cover unfortunately is not allowed as a deduction as it is seen as insurance.

Please make use of our Travel Allowance calculator to determine which method of claim you should be making, actual or deemed costs. We can also assist you in completing and submitting your return to SARS. Click the link to Register for TaxTim


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