Written by Evan
Posted 3 July 2015
Written by Evan
Posted 3 July 2015
Written by Evan
Posted 3 July 2015
Written by Evan
Posted 3 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
I'm trying to apply for residency into Panama and one of the requirements in a Panamian Bank account. However the banks over there require tax returns for the past 2 years in my home country. I haven't filed income tax returns for the past 2 years because ive been traveling the world (backpacking) for the past 4 years doing online work and never earned more than R70,000 a year anyway so I never need to file. I asked the banks in Panama if this is a strict requirement and unfortunately I HAVE to ...
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Marc
Posted 2 July 2015
Written by Evan
Posted 2 July 2015
Written by Evan
Posted 2 July 2015
Written by Evan
Posted 2 July 2015
Written by Evan
Posted 2 July 2015
I received a REIT dividend source code 4238 on my unit trust IT3B it is very little only R30. Are Reits exempt? Also I read the ITR12 handbook and they suggest I put it under other income/accruals 4214 code with description "income from a REIT". Is this right?
I'm worried they will make me a provisional tax payer due to this extra and only R30 that dosent come from my employment income or local exempt dividends, interest. I dont really want the extra admin issues due to this small amo...
Written by Evan
Posted 2 July 2015
Written by Evan
Posted 2 July 2015
Written by Evan
Posted 2 July 2015
My company offers to pay 50% of my medical aid contribution. This money is paid directly to me (included in my salary into my bank acc). The amount is indicated separately as "MEDICAL AID" on my payslip. I therefore pay the full amount of the monthly cost to my medical aid every month from my bank account. On my IRP5, my employer indicates their 50% contribution under Deduction code "4005" even though they do not pay the Medical aid provider directly.
My question is:
A) Should this amount be listed under "4005" (According to SARS there should be no amount under 4005 if the employee pays the medical aid personally) ...
Written by Evan
Posted 2 July 2015
Written by Evan
Posted 2 July 2015
Written by Evan
Posted 2 July 2015