Working for a salary that varies

  Written by Neo   Posted 28 April 2017

I am starting a career as a tour guide and the company will require us to
sort our own taxes out. The amount of money I will earn per month will
vary. The salary will consist out of a salary paid from the company per
trip, as well as tips.

How do I go about tax when your salary will vary per month?

Petrol and travel allowance claims

  Written by Neo   Posted 26 April 2017

How do I claim petrol on tax? For the previous tax year I've kept a detailed petrol log through your app and I've been using my own petrol card and claiming back. I do receive a travel allowance. The company has now given us petrol cards, do I still need to keep a log to claim or can I not claim because the company is paying?

Help with past tax returns

  Written by Neo   Posted 25 April 2017

I've been working for the past 5 years and have never claimed back tax. I have all my IRP5 certificates since I started working. I have no travel allowance, I usually pay for everything with my own finances. I'm registered for tax with SARS, but I'm not sure if I'm registered on SARS eFiling.

Registering for provisional tax for start-up?

  Written by Neo   Posted 24 April 2017

Does a start-up company (dormant pty company) with zero income for first 2 years, have to register for provisional tax?
The director does earn a normal salary from employer, but created company name to work on part time. The director is busy with research before there will be any taxable income. The director created the company name to reserve the name before it is taken. ( the company also needs tax number) Do not want to go through the admin for provisional tax before it is needed. Only ...

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My tax fluctuate every month

  Written by Neo   Posted 21 April 2017

Why does my tax fluctuate every month on my payslip? I'm a fully employed with a monthly salary- no overtime or shifts. I saw that you've already said it should not fluctuate. How does one go about rectifying it?

Can I claim if not reimbursed by my employer?

  Written by Neo   Posted 20 April 2017

My employer doesn't reimburse me for traveling in between the office and our sites. I don't have a company car but I drive about 92KM per day between the office and on of our sites. Would it be possible to claim KMs from SARS for the use of my private car? And the company doesn't provide a cellphone allowance but I'm required to use my phone a lot at work. I receive no allowance and I'm not a commission earner. Can I claim for the contract I was forced to take?

PAYE for hourly paid employees

  Written by Neo   Posted 20 April 2017

Is PAYE calculated differently for hourly paid employees ? And if so How ?

Tax on income paid in US dollars

  Written by Neo   Posted 20 April 2017

I'm a South African citizen. Currently living and working in Argentina, but I'm considering taking a job that would allow me to move back home. The job would pay me in US dollars on a monthly basis. How would I pay tax and what amount is taxable and how does this all work. (Let's say the salary would be 4000USD per month).

How to make changes after submissions?

  Written by Neo   Posted 13 April 2017

I submitted my 2016 tax return using my actual cost on my travel expenses. How can I have it changed to fixed cost as my business travel was about 16000km whilst my actual cost was only R399.00? My tax return was audited by SARS and I've disputed on these grounds several times as well as gone to SARS twice. I've been told that it's possible to have this changed and the consultant at SARS has requested it be done on their system but no change so far. The latest statement still reflects only R217,...

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Minimizing tax liability

  Written by Neo   Posted 13 April 2017

At the end of the current tax year my taxable income will exceed R1.5 million largely due to income from an employee share option scheme. My income comprises salary only. And from the normal statutory deductions I contribute to a retirement fund and retirement annuity. Apart from maximizing my contribution to retirement funds, how else could I reduce my tax liability?

Capital gains tax or income tax - forex trading

  Written by Neo   Posted 9 April 2017

What's the difference between capital gains tax and income tax? Which of the two does retail forex trading fall under?

Legal methods for reducing commission tax?

  Written by Neo   Posted 7 April 2017

I work in IT and I get paid my normal salary every month and on occasion. I'm also involved with projects where I earn commission. I don't actually know how my commission is calculated, but I'd like to know how I can get more of my commission paid to me instead of being taxed so highly. My Minimal expenses are i.e. calls and some driving around but I don't claim for it because it's usually a very small claim.

Income Tax on Dividends

  Written by Neo   Posted 4 April 2017

When receiving a Dividend from a Company (as a Shareholder). The Shareholder is taxed at 20% of the value on the dividend paid. If you're also earning a regular salary and paying PAYE monthly, would such dividends paid, be subject to additional Income Tax?

So, basically, would regular Individual Income Tax also apply on the dividend again after paying the 20% Dividend Tax?

Incorrect Tax Code

  Written by Neo   Posted 27 March 2017

My employers incorrectly submitted my 2016 tax return with a code of 3601 instead of 3616. I'm a contractor with a fixed term contract and end dates and receive no company benefits. They refuse to submit an EMP601 correction which SARS has asked for, I think they are concerned they will be audited. I am therefore having to pay a tax bill. Is there anything I can do?

Is the Package Correct?

  Written by Neo   Posted 27 March 2017

I'm filling out my 2017 tax return for Individual Return. My income is covered in part by an IRP5, and in part by a foreign deposit. Can I declare both on TaxTim?
I also just bought the TaxTim Ultra package because of the foreign income, but the email says I should only use the voucher on July 1st. Have I bought the wrong product?

Resubmitting A Tax Return

  Written by Neo   Posted 24 March 2017

On my 2016 tax return SARS says that I owe them money. I think that this isn't accurate as I was with a full time employer and I'm sure that they took care of all my tax issues. Is it too late to resubmit a tax return for 2016 via TaxTim?

Overtime Earnings and Tax

  Written by Neo   Posted 24 March 2017

I work for a well established company I earn approximately R4163.00 per month. When I work overtime, lets say, for R700.00 they tax it all. Why do they do that because I earn a small salary?

Forgot to submit travel details

  Written by Neo   Posted 24 March 2017

I have submitted my tax return, but I forgot to include the details for my travel allowance (3702), i.e. vehicle details and logbook details. An ITA34 was issued. How do I submit a revised tax return?

Assistance with Company Tax Submissions

  Written by Neo   Posted 23 March 2017

I would like to know if you assist with company tax submissions as well as employee UIF/Tax/PAYE? We need to do our fist tax returns and staff UIF etc

IRP5 submission dates

  Written by Neo   Posted 22 March 2017

When must the IRP5 be submitted this year?

Set-off: Tax loss of different trades

  Written by Neo   Posted 22 March 2017

As an individual can I set-off a trade loss from a trade (such as a coffee shop, which I am trading as a sole proprietor, 1st year of trading) against my other taxable income being a salary and rental income.

Why Register for an Income Tax Number

  Written by Neo   Posted 20 March 2017

I earn R6000.00 a month. My employer told me that everybody has to register and have a tax number, regardless if you earn under the threshold and don't pay tax. What's the reason that we all have to register for an income tax number, is this correct?

Claiming at SARS

  Written by Neo   Posted 20 March 2017

My mom was working as a teacher at ABET school. May I go to SARS and claim her tax money?

Tax for a Contractor working from home

  Written by Neo   Posted 17 March 2017

We have a contractor that's working from home. He primarily does work for our company. How does tax work, do we need to submit an IRP5? We've been paying him directly without deducting any PAYE or TAX

Living in Namibia, but working for a company in SA.

  Written by Neo   Posted 17 March 2017

I live in Namibia, but work for a South African company.
I'm a South African citizen. Under the new changes brought in with the budget, how will my tax work? I'm still working for the same company (I have been working for 7 years in total).
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