Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Is it possible to be an independent contractor for a small SA business at the same time as being listed as a director for that same company? I contract my services to a private SA company which 100% owned by a London business. The SA company has no full time staff and contracts work out to highly skilled consultants on a job by job basis in order to complete the work. The reason the company has no full time staff is that it operates in a niche market where work is not always regular. I conduct ...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Hi, South African passport holders who stays in Mauritius but will be going back to SA after nearly 5 yrs. At the moment they are considered non-residents as they are in Mauritius for a period of more than 60days in a period of 6 months and they have not stayed in SA for more than 91days in a row in a tax year. After how many months in SA will they be considered back as resident? And if they will start earning their salary in SA, do they pay tax from the beginning or after a period of time. Than...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Hi Tim,
Last year up to July I was paying into an RA with Provider A. I then transferred this to another RA provider B. An amount of R109k was transferred to the new RA after a few deductions. I received a tax doc from Provider A for my contributions up to July. I also received a tax doc for my contributions from new Provider B. However I have just received a tax doc from Provider A stipulating the amount paid out (R109k) and logged against code 3698. This looks like I earned this am...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
I want to set up an investment at the bank and earn interest on a monthly basis on it. I did some research and I found that I need to register for Provisional Tax at SARS in order to do this. I found out that 2-3 times per annum I would be required to make a payment to SARS on the interest I earn. My question is: Firstly, I would like to budget so I would like to know what percentage will SARS deduct monthly on my interest earned,and secondly,will they tax me monthly in this case or 2-3 times pe...
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015
Written by Marc
Posted 23 June 2015