Tax on pension (lump sum) payout

  Written by Alicia   Posted 9 February 2017

I want to resign from my current employer and need to know how much will I be taxed when I get my pension of R61000?

My salary differs every month

  Written by Alicia   Posted 7 February 2017

I work on a contract basis and even though I work the same amount of days my income always fluctuate.
My employer says it is because my hours are different each month, could this be the reason?

Tax on commission income

  Written by Alicia   Posted 7 February 2017

Am I supposed to pay tax on my commission if I don't earn a straight salary too?

Depreciation on a phone

  Written by Alicia   Posted 6 February 2017

I use my phone for work purposes and have a letter from my employer confirming this. Can I claim depreciation on it even if I've had it for 2 years already?

Legislation affecting foreign pensions

  Written by Alicia   Posted 6 February 2017

Good Day, this is my 2nd question in as many months. Hope I am not overdoing it but this item will be of interest to many and any suggestions you may have will be greatly appreciated by myself. I am 80 years of age and have been retired for 20 years. A significant portion of my pension has been tax free for 20 years as the result of it having been earned whilst I worked outside of RSA. Yesterday (2. 2. 17) my pension administrators advised me that as from 1. 3. 17 the tax free portion will be ta...

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Vehicle depreciation vs deemed travel allowance deduction. An I allowed both?

  Written by Alicia   Posted 6 February 2017

Vehicle depreciation vs deemed travel allowance deduction. An I allowed both?

Tax on last salary

  Written by Alicia   Posted 6 February 2017

I earn R8000 per month, if I resign from my employer half way through the month am I still required to pay tax on my income?

Add more than one depreciation expense

  Written by Alicia   Posted 6 February 2017

I have a laptop, tablet and cell phone that I need to depreciate, how do I do this?

Legal tax deduction?

  Written by Alicia   Posted 3 February 2017

Good Day I would like to know who is right in this scenario: a SA resident and the SA company I work for received a construction contract in Sierra Leone, November 2015 we left with promises that there will be no tax deducted. Just before we left our SA employment was terminated and we were rehired by the newly established Sierra Leone company (same name, just now Sierra Leone ltd). We work everything according to the SARS 183/60 rule In the meantime, salary and tax deductions went on like norma...

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Resignation and taxes

  Written by Alicia   Posted 3 February 2017

I have 30 years service at my current employer and my pension lump sum is R1820000. Id like to know what my taxes will be if I resign? are my 30 years taken into account and lastly. I must still pay my mortgage. Can this be done tax free?

Change of banking details

  Written by Alicia   Posted 3 February 2017

If I update my account details on eFiling will that be updated with SARS immediately?

travel claim

  Written by Alicia   Posted 3 February 2017

Can I claim for a travel expense from SARS if I was only given a travel allowance for one month in the last tax year?

Medical aid contribution

  Written by Alicia   Posted 2 February 2017

I pay my medical aid via my employer but they dont help me with the contribution. They do give me a medical tax credit every month, is this the right way to do it or should my medical aid only show on my tax return?

Tax on severance package

  Written by Alicia   Posted 2 February 2017

I am about to take the voluntary retrenchment package and wanted to know if I will be taxed on my last salary along with my leave days and severance package?

Do I have to pay additional tax for deducting my car from my salary before tax?

  Written by Alicia   Posted 1 February 2017

How does deducting your vehicle from your gross salary affect your tax. The vehicle purchased is for personal use however we have the option of deducting it directly from our salaries before tax.

Never filed a return, can I still do it now?

  Written by Alicia   Posted 1 February 2017

I have been employed for 3 years and my employer deducted tax from my income. They however never gave me an IRP5 and I have no proof of the income I earned from them as they issued electronic payslips and I never printed it.
2 Months ago they closed their doors and all employees was left stranded, can I perhaps still claim the tax I paid back from SARS if they over taxed me?

No PAYE withheld

  Written by Alicia   Posted 31 January 2017

What should I do if my client has not withheld PAYE from me - I am a personal service provider.

Outstanding tax returns without supporting documents

  Written by Alicia   Posted 31 January 2017

How to get irp5 from 1991 to 2000 from previous employers

Is SITE from 2009 ever refundable?

  Written by Alicia   Posted 30 January 2017

Could I please get assistance with my query. In 2009 I earned R29000 for the entire year as I only worked for a portion of the year. SITE of R1064 was deducted over 6 months. I have tried getting a refund of this money by submitting my tax return however SARS is adamant that I am not due a refund as SITE is non refundable. They have informed me that I should request my SITE to be paid back to me by my employer. Can you please advise.

May I claim for travel from my home office to my office?

  Written by Alicia   Posted 30 January 2017

May I claim for travel from my home office to my office?

Non-resident tax

  Written by Alicia   Posted 27 January 2017

I would like to ask if the following person is taxable in SA:

A German citizen worked in SA from November 2015 to January 2017. He is employed by a German company and his salary was paid into a German bank account in Euro's. The German company deducted monthly tax from his earnings up to December 2015 and then instructed him to start paying tax is SA. He registered for tax with SARS in January 2017 and received a tax number. He worked for a sister company of the German company in ...

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UK pounds income, how do I declare it?

  Written by Alicia   Posted 27 January 2017

I earn my salary in UK pounds< can you tell me how I'd declare this please?

Where can I get my tax number?

  Written by Alicia   Posted 27 January 2017

I need my tax number, can you tell me who else can help me other than SARS as I am unable to call them now?

Do I qualify for a medical tax credit?

  Written by Alicia   Posted 26 January 2017

Do I still qualify for a medical tax credit if I am on my mother's medical aid?

Import VAT claim

  Written by Alicia   Posted 23 January 2017

I have just registered my pty Ltd this January 2017 and I need know what tax should I collect for SARS when invoice clients for the products I will be selling. When I registered my company at CIPC I received a doc from SARS for the company named income tax., do I use this when invoicing on the place of VAT is this the inc Me tax I should collect for SARS from clients? Thanks
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