Can I claim tax?

  Written by Nicci   Posted 28 January 2016

I have been paying tax for 3 years now. I would like to know if I can claim it back

As the sole employee and director do I have to pay PAYE or can I pay provsional tax bi-annually?

  Written by Nicci   Posted 28 January 2016

I am an independent consultant. I have been operating since June 2015 and have been paying myself a salary and deducting PAYE
I have recently found out that I must be a provisional tax payer as well
Since I have started in June and have not deducted any expenses to arrive at my taxable income, it appears that with 2 months to go I have overpaid my tax significantly
from a cash flow perspective, I will only receive my refund around July/August
Am I able to not pay PAYE for the...

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How to get tax fer no. & SDL ref no.

  Written by Marc   Posted 28 January 2016

What is tax reference number & What is SDL ref no.? I am a teacher,where do I find them? Tax clearance form needs me to fill it in.

Can my husband claim medical if the wife makes the payments?

  Written by Nicci   Posted 28 January 2016

I became a stay at home Mom as of 1 Dec 2015. I know money's transferable from hubby are not taxed. Can I still pay for things and my hubby claim for them? I have a disability and have two autistic sons. All three of us are registered as disabled with SARS.

How to measure kms

  Written by Nicci   Posted 28 January 2016

I dont have a travel allowance and use my private car for work. My company does reimburse me for work related travel. Question is from where do my km's get measured as some days I drive straight to site from my house and not via office. How does the calculation look and lastly how much should they pay me per km?

Tax on R1 000 000

  Written by Marc   Posted 28 January 2016

If I have 1000 000 rand and I retire now what is my tax percentage?

How to do a pro-rata calculation

  Written by Nicci   Posted 28 January 2016

I need to pay staff that start date 21. 01. 16 to the 31. 01. 16
need to know how to calculate and what deductions to make. I am in the restaurant business.

How to arrange a payment plan with SARS.

  Written by Nicci   Posted 28 January 2016

I started my business a few years ago, and the accounting firm that I appointed hardly made contact. As I'm not an accountant / bookkeeper / figure orientated wizard, but rather work with tools, I have no idea what is expected. A year ago I approached another bookkeeper and he ended up taking over my books from the previous firm. A month later I had to supply docs for my personal tax submission. I then found out that I owe SARS in excess of R40K, for some issue not resolved by previous firm, and...

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What is considered Other income earned (excluding dividend

  Written by Marc   Posted 28 January 2016

What is considered as Other income earned (excluding dividend ):

Tax implications on Salary pegged in USD

  Written by Marc   Posted 28 January 2016

I work for an International company and all our income is in hard currency. I want to negotiate to have my salary pegged in USD. What are the Tax implications of having my salary pegged in USD but getting the ZAR equivalent every month?
e. G. Say I negotiate USD1000 with my employer
Jan the rate is 16. 6---->R16 600
Feb the rate is 18. 1---->R18 100

Can I claim tax on parking paid

  Written by Marc   Posted 28 January 2016

As a permanent employee, can I claim tax on monthly parking paid from my nett salary? My employer does not provide parking or contribute towards parking but I need a parking space in the adjacent building.

Which return/s to complete if I have not yet filed a return for 2015 and am a provisional taxpayer?

  Written by Marc   Posted 27 January 2016

I have not competed a tax return for the 2015 tax year. I am registered as a provisional tax payer. I am unsure whether I need to complete two tax returns or one? And which tax returns they would be?

Can you apply 4 a tax number if you are a foreigner working in SA

  Written by Marc   Posted 27 January 2016

Lm a foreigner working in SA. L use an asylum can l apply 4 a tax number thy need it at work please help

Tax and emigration

  Written by Marc   Posted 27 January 2016

As someone who was born in South Africa and have always resided in South Africa what are the tax implications if I decided to emigrate? Is there an exit tax?

Would casual staff have to pay tax

  Written by Marc   Posted 27 January 2016

If I am employed full time and the company needs casuals helpers outside of working hours (after hours) and I volunteer would the company have to pay me out of pay roll or would they pay me casual wages and would I have to pay tax for casual wages

Do l get exemption from tax since l fund my own BTech: Civil studies

  Written by Nicci   Posted 27 January 2016

I am a salaried employee and have just registered to study BTech Civil. I am fully responsible for funding my studies as the company does not sponsor BTech and it is in line with my profession as l currently have a diploma in civil engineering, so l want to know whether l am eligible to getting any form of exemption from income tax because the fees are rather high.

What to do when disability & medical on ITR12 is not part of ITA34 and received letter of completion

  Written by Marc   Posted 27 January 2016

Hello TaxTim, for the tax year 2015 I completed my ITR12 through e-filing on the 26-11-2015, including my disability totals. The same day I received the ITA34 but not reflecting my disability & medical costs. I also received a letter to submit supporting documents the same day and did so on that same day. I also filed a NOO on the 10-12-2015 objecting the fact that they excluded the disability & medical claim/section, accompanied by the supporting documents. They send me an SMS that I have to pa...

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Two people donate R100000 each to my account, is the R200000 I get taxable?

  Written by Marc   Posted 27 January 2016

If two people each donate a R100000 into my account, which will make the amount R200000 is it taxable?

What are fringe benefits?

  Written by Marc   Posted 27 January 2016

My company pays for my medical aid in full. But I get taxed more on my salary,They say its called fringe benefits. Please explain

Confusion about claiming expenses

  Written by Marc   Posted 26 January 2016

I earn a monthly income on contract basis from a company, but I also freelance from home. Does this make me a provisional taxpayer and an individual taxpayer?
does this mean I can claim tax back from expenses such as petrol, cell phone and home office space?

IT34 notice

  Written by Marc   Posted 26 January 2016

Good day

SARS has issued another notice IT34, kindly forward to me.

Can I submit a tax return with both provisional tax and IRP5 information?

  Written by Marc   Posted 26 January 2016

Hi there! I am a freelancer and earn about R120 000 a year. Some of my clients pay me the exact amount I invoice them, but two of my big corporate clients deduct tax before paying me. Can I include all this information in my first provisional tax return?

How much will she be taxed

  Written by Marc   Posted 26 January 2016

Hi TaxTim my daughter is 11 years old she does acting part-time now I want to know as she earn R1500 per shoot, she only had 10 shoot how is she going to be taxed. She has a tax number.

Would I get the refund originally calculated after verification assessment is complete?

  Written by Marc   Posted 26 January 2016

When I submitted my tax return, I received an ITA34 informing me that I am due a R3 000 tax refund from SARS. Then I received a letter from SARS asking me for supporting documents, for verification assessment, which I had then submitted. Now I receive further correspondence regarding the verification assessment saying that "no adgustment has been made to the assessment". Does this mean I still get my R3 000 tax refund? And if so, by when can I expect payment of this refund?

What is the final payout on R968876.30 after tax

  Written by Marc   Posted 26 January 2016

My accumulated pension fund is R968876. 30, if I resign how much will be my payout after tax.
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