What is the taxable age ?

Written by Marc
Posted 31 January 2016
Can you get a tax number at the age of 17 years with a valid South African ID?
Delay in finalisation of my return

Written by Marc
Posted 29 January 2016
I submitted my 2015 tax return in November 2015 with supporting documents, and to date it is still in audit with no queries raised. Who do I complain about the delay in my finalisation of my tax return? Could the delay be due to the fact that monies are owed to me.
Can I claim for medical expenses if I have no income?

Written by Marc
Posted 29 January 2016
I was retrenched last year at the end of January 2015. I have not worked since then but I have been paying medical aid privately. How do I claim (or can I claim) for all my medical expenses?
Must there be a contract if my father lends me money?

Written by Nicci
Posted 29 January 2016
If my father lends me money, must there be a contract
Query on payment of uif

Written by Marc
Posted 29 January 2016
Do foreigners pay UIF and if so do they benefit
Provisional Tax - what Provisional Periods should I be using?

Written by Marc
Posted 29 January 2016
I submitted my 2015 tax return [regular tax return] for March 2014 to February 2015 period, by due date in November 2015. No problems and monies due paid over. I subsequently discovered that I was supposed to have submitted as a Provisional Taxpayer, not as a regular taxpayer. I now have to do another tax return, due 29th January 2016 [today!!]. I am registered as a Provisional taxpayer now but am unsure as to which Provisional period I am supposed to be choosing from the list that pops up. Shou...
Read more →
SARS deducted money from my account without resolving a lodged dispute.

Written by Nicci
Posted 29 January 2016
In 2013 my employer at the time deducted PAYE but did not pay same over to SARS. Upon receipt of a demand from SARS I lodged a Fraud notification with SARS and my accountant lodged a dispute with SARS. To date no resolution on the matter, other than SARS Debt Department sent a final demand to a redundant email address rather than on E filing as one would expect, which will have then been received by my accountant. Yesterday SARS took my entire bank balance, what do I do?
Is UIF part of TAX for the full year?

Written by Marc
Posted 29 January 2016
Where does UIF get submitted?
Medical Gap Cover

Written by Marc
Posted 29 January 2016
I took out medical gap cover under my own name. I have since stopped working. The debit order for it has changed to my husbands bank account. Can he still claim for the gap cover under "costs not covered by medical scheme" if the policy is in my name and he pays for it?
Refund and auditing outcome

Written by Marc
Posted 29 January 2016
I initially filled for my tax returns for 2015 and I was told that I had two outstanding years I have to filled and until I do, i'm not going to receive my refund and I was told that i've been selected for an audit as it's mostly the case for foreign contract workers. So within, two weeks, I submitted the remaining two outstanding years at a SARS office at Richardsbay. I received my ITA34 alright for both years just like the earlier one. So in total, I was due for about R13700 refund pending the...
Read more →
Am I eligible for 2nd one third tax free payment?

Written by Nicci
Posted 29 January 2016
I was retrenched at age 54. One third tax free amount paid out to me. Started working again for another company after 4years. A contribution towards a provident fund was paid in by new company when I started work again after 4years. I am now 69 years of age and retire by end March 2016. Will I be entitled for another one third tax free payment?
How to practically offset an assessed loss

Written by Marc
Posted 29 January 2016
Hi Tim, I owe SARS R240,000 for income tax year 2012. However, when I checked my compliance, I had not submitted an income tax return for 2011. So I submitted this and obtained an assessed loss of more than R1m. How do I practically use this assessed loss of 2011 to get rid of the 2012 debt of R240k on SARS SARS eFiling
Does a dormant cc count in generating my personal ITR12?

Written by Marc
Posted 29 January 2016
If I am a member of a close corporation that has ceased trading (I receive no income from the cc) prior to the year of assessment, should I still enter "Y" in my personal ITR12 (in which case a "Statement of Local Assets and Liabilities" section is added to the form. Or can I enter "N"?
Slitting income when married in community

Written by Marc
Posted 29 January 2016
Can you please explain what amounts get slit 50/50 when a couple is married in community of property please? My husband is retired and I am the breadwinner. We receive rental and interest. Also what to do with the medical expenses, both membership & additional, in my name only?
Do I need to start paying tax?

Written by Nicci
Posted 29 January 2016
I would like to know if I need to register for PAYE. I am 25 years old and a part time student. I au pair in the afternoons (R7500 a month salary) and I also do contract work for 2 companies (R1500 and R2500) salary in order to pay for my fees. One of the companies is asking me to get a tax number in order to pay me and I'm worried about doing that as my salary just about covers my expenses and expensive study fees - so I can't afford deductions.
Individual tax on private vehicle bought by company

Written by Marc
Posted 29 January 2016
If a company pays for an employee's personal vehicle, what are the tax implications for the employee as an individual? Would a loan from the company be a better option?
Outstanding returns

Written by Marc
Posted 29 January 2016
I have outstanding tax returns for tax years 2013, 2014 & 2015 and have IT88 deductions for the periods, how do I reconcile all outstanding tax returns and will the IT88 amounts be considered should there a "Due by you" amount or credited if there is a "Due to you" amount on completion of the assessments. Are you able to assist in getting all these tax returns completed.
Fringe benefit tax on employer supplied cellphone

Written by Nicci
Posted 29 January 2016
A NPO supplies employees with a cell phone and the NPO pays the contract. The calls are predominantly business, but some private calls take place. How does the fringe benefit get calculated? The contract supplies data, sms and calls.
Supporting Documents - link missing.

Written by Nicci
Posted 29 January 2016
Hi, SARS ask for supporting documents, but when I open my ITR12 in the history, there is not a tab for submitting documents like you explain. Where must I upload this documents now?
How to apply for tax number

Written by Nicci
Posted 29 January 2016
Can a person apply for a tax number online?
Tax thresholds and married in community of property

Written by Nicci
Posted 28 January 2016
I am a provisional tax payer 66 yrs of age & married in community of property my income is derived from an annuity & interest from fixed deposits, what is the maximum I can earn before I pay tax.
Tax on bonus

Written by Nicci
Posted 28 January 2016
I got a performance bonus in December last year. This was paid separate from my salary. I first received my salary then few days later a performance bonus. I have now received my payslip and when I saw that there was a huge difference on my normal salary I was told that payroll deducted tax from the bonus of December from my January salary. Can you please advise if this is legal?
Why has my money not been paid back?

Written by Nicci
Posted 28 January 2016
I submitted my tax return last year for 2015 I gave them IRP5S for 2010-2015 as requested - money not fully paid, why?
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...
Read more →
Older posts →← Newer posts
75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95