Tax return submission 2014/2015 finalised without disability declared

  Written by Alicia   Posted 30 June 2016

My son has been moderate to severe disability and met the criteria since September 2014. Submitted al extra medical expenses on my tax return but never declared the disability. Can this be reviewed?

Is there a limit on refreshments for a sole proprietor?

  Written by Alicia   Posted 29 June 2016

What am I allowed to deduct as a sole proprietor for refreshments? Is there a limit per day or per month I can deduct for lunches, breakfast and dinner?

How do I submit my tax return if I have changed jobs within the tax year?

  Written by Alicia   Posted 29 June 2016

How do I submit my tax return if I have changed jobs within the tax year? It gets quite confusing. . . New salary, new employer paying for half of my medical aid contributions whereas my old employer was not. . .

Provisional Tax on capital gain

  Written by Alicia   Posted 28 June 2016

Have just sold a property and have made a large capital gain and will have to pay tax on this in 2017 tax return, will I need to include more funds to Provisional tax or can I wait till I get my 2017 assessment, and so get interest.

How to deregister for provisional tax

  Written by Alicia   Posted 28 June 2016

Hi Tax Tim, I used you guys last year, was very happy and want to make use of your service again this year, this year I need some assistance to deregister myself as a provisional tax payer as I'm not one, can u guys help?

3805 calculation

  Written by Alicia   Posted 27 June 2016

Is the renumeration factor referred to in the formula to calculate free or cheap accomodation as a fringe benefit equal to pensionable salary, or does it include other remuneration as well?

Can you claim for travel (log book) as well as depreciation on the car?

  Written by Alicia   Posted 24 June 2016

I receive a travel allowance and keep a logbook accordingly. Am I able to claim for the travel as well as depreciation on the car?

Employer contributions to provident funds

  Written by Alicia   Posted 24 June 2016

Do I get taxed on my employer contributions to my pension/provident fund?
My Salary is R21400 and I don't contribute directly to the fund. My employer contributes R2140. How much tax should I be paying?

Tax on standby allowance

  Written by Alicia   Posted 23 June 2016

I receive a standby allowance every month that is being taxed on. It is a fixed amount of 14% of my salary to basically be on standby for any breakdowns. Can I claim tax back?

How can I pay tax ovr to SARS for my investment income?

  Written by Alicia   Posted 23 June 2016

I would like to know how do I pay my tax when I receive mi IT3B CERTIFICATE am I suposse to register as a PROVISIONAL TAXPAYER how do igo about doing this it is my first time and is it possible to register as a PROVISIONAL TAXPAYER on EFILLING if so please provide me with steps how to do so.

Source codes 3701 and 3702

  Written by Alicia   Posted 23 June 2016

I am busy with my 2017 salary structure. My HR department is offering me both codes 3701 and 3702. Will that be allowed in 2017 tax year. Somewhere I read that your cannot do this anymore and must take either the one or the other.

Do construction workers pay tax?

  Written by Alicia   Posted 22 June 2016

if working in the construction company,do they have to deduct my monthly tax returns from my salary?

How do I calculate provisional tax and when/where do I pay it?

  Written by Alicia   Posted 21 June 2016

I am a freelance writer and my income depends solely upon jobs that I get from international clients. I get paid weekly in dollar and my income fluctuates. Recently I've started earning more and I suspect I might be in a tax bracket. As far as I know I have to pay provisional tax but how do I work it out and where and when do I pay it?

Tax deduction for family donations?

  Written by Alicia   Posted 20 June 2016

A) Can I claim a Donation deduction for the following:

1. Son's university fees, paid on his behalf. 2. Monthly donation to my sister. 3. Monthly donation to religious institution / organisation. B) If deductible, what proof is required?

Thanks

How do I obtain an ITA34 from SARS

  Written by Alicia   Posted 20 June 2016

Good day I need SARS assessment letter

IT3(B) received

  Written by Alicia   Posted 20 June 2016

I received a letter from GEPF stating that interests received to SARS is R15000 so what must I do go to GEPF OR SARS

Where else can I get my IRP5 from?

  Written by Alicia   Posted 17 June 2016

Need IRP5. Company liquidated

SA Citizen Working Abroad

  Written by Alicia   Posted 17 June 2016

I am a South African citizen, working in the USA (on a work visa/permit). I have been studying and then working in the USA for the full tax year (Mar 2015 - Feb 2016). In total, I have been away from South Africa for 2 years. I pay taxes in the USA. Am I required to submit tax returns in South Africa? Do I just submit a nil amount, do I not submit anything at all or do I submit my US earnings and get double taxed? Thanks.

How much will I get as refund

  Written by Alicia   Posted 17 June 2016

I am a temp in my work,i have worked for 24 weeks from march 2015 to february 2016,i have earned 156000 and I was taxed R19650. I would like to know will I get the refunds n approximately how much

Tax deductions on rental property

  Written by Alicia   Posted 16 June 2016

I have a rental property that's in a different town from the one in which I live. Is the fuel that I use traveling the property to make improvements tax-deductible? Also, what incurred on a rental property are tax deductible?

Tax on pension and shares lump sum payouts

  Written by Alicia   Posted 15 June 2016

Can I claim tax on my pension withdrawal lump sum payout and on my shares payout

Deductions against rental income

  Written by Alicia   Posted 15 June 2016

I have moved from CPT to JHB. I own a house in CPT which is now being rented out to tenants. In JHB I am currently renting. From a SARS perspective, do I need to declare the rental income as I only own one property and its not a second property bringing in an extra income? What I receive as rental income in CPT immediately covers my rent here. So I do not gain anything. In face what I am asking as a rental is the same as what I pay for my rent here.

Where can I claim tax refund

  Written by Alicia   Posted 15 June 2016

I was paying tax now im unemployed so how can I claim an where?

Need help getting my tax affairs up to date

  Written by Alicia   Posted 15 June 2016

I have been running my own business for the since April 2013 and I haven't paid tax. Only had one constant customer. Will you be able to help me or should I go to a SARS office

How does ringfencing for rental income work?

  Written by Alicia   Posted 15 June 2016

I have a question, regarding if you make a loss from rental income i. E What if the expenses exceed the rental income? How exactly does this work? please provide an example of how and when it is offset against other income and what does the ring fencing mean? Its difficult to understand the document. Please explain in lay mans terms. What is the best way to make this work for you?

"Should the expenses exceed the rental income, the loss should be available to be off-set against other i...

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