Can education/training/online training be claimed from tax if you're self employed?

  Written by Marc   Posted 24 February 2015

Can education/training/online training be claimed from tax if you're self employed?

DO I have to pay PAYE and do SARS give money back?

  Written by Marc   Posted 24 February 2015

I earn R107000p/a should I pay tax and how much, I hear people say that one can file a request to get their tax money from SARS, please illuminate as I'm really in the dark.

Penalty fee for late payment of tax?

  Written by Marc   Posted 24 February 2015

Please explain what charges are laid against someone for paying tax late?

Verification of tax

  Written by Marc   Posted 24 February 2015

I earn a gross salary of R11500 per month and the company deducts R1400 for tax. But according to SARS online I should be paying R1006 for tax. How can I be sure how much tax I should pay?

Backdated tax from SARS?

  Written by Marc   Posted 24 February 2015

Can a person claim for years before 2013?

Claim without medical aid?

  Written by Marc   Posted 24 February 2015

Can I claim back on my medical expense for myself and my two kids, even if I dont have a medical aid. ?

I travel from home to different sites by the company vehicle, how to account for private kilos?

  Written by Marc   Posted 24 February 2015

I travel from home to different sites by the company vehicle, how to account for private kilos?

Tax query on bonuses?

  Written by Marc   Posted 24 February 2015

On a 13th cheque how much PAYE does one have to pay. Under 65, monthly salary, UIF,no other deductions

What period does the IRP6 submission, that is due on 27 February 2015, cover?

  Written by Marc   Posted 23 February 2015

What period does the IRP6 submission, that is due on 27 February 2015, cover? Is this from 1 March 2014 until 30 June 2014?

Important tax enquiry?

  Written by Marc   Posted 23 February 2015

I bought land and built a rental house. I have upfront fees which appear on the pro Forma account of the transferring lawyers. Such expenses are :

Registration fee. 6 months Municipal Rates upfront. Rates clearance certificate fee. Transfer duty. Deeds office registration fee. FICA verification. Lodging agents fee and postage. Sundry expenses (phone calls, postage, file storage fee, printing, photocopying, emails and faxes). Fee for consent to transfer from HOA. Paid management for HOA consent and levy figures...

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What are the next steps after registering an NPC with CIPC and SARS?

  Written by Marc   Posted 23 February 2015

We have just registered an NPC. . . . Do we need a tax clearance certificate, BEE Certificate, Income Tax Registration and VAT registration or in other words what are the next steps are registering an NPC or NPO to ensure we are SARs compliant

What are the tax implications of transferring shares without selling them?

  Written by Marc   Posted 23 February 2015

If one were to transfer shares in a listed company from person (a) to person (b) without selling them is the only tax implication the STT (securities transfer tax) of 0. 25% of the value? Does person (a) have any other tax implications? and when person (b) sells the shares what would the base cost be? (the same as person a's cost or 0 as person (b) did not pay for the shares)

How to register student, doing part time modelling, with SARS

  Written by Marc   Posted 22 February 2015

My daughter has started a part time modelling career. She is 15 years old and still in school. Do I register her as a normal individual tax payer with SARS, she will be a sole proprietor. There will be
expenses deductible for tax purposes.

Claiming for Petrol from SARS?

  Written by Marc   Posted 22 February 2015

I have a full time job as a Sales Executive. I use my own vehicle for work, and keep a logbook. I then claim S&T from my work and get paid the month there after. Can I claim and how does it work (what must I claim and what do I get back)?

As well - I buy gifts for my clients (chocolates, accessories, stationery, etc. Can I also claim this?

Tax whilst employed fulltime and a director of a PSP private company

  Written by Marc   Posted 21 February 2015

Hi Tim thanks for the awesome work. How does being a director of a private company affect personal income taxes( noting that this work is occasional in addition to being employed full time during the week) if the service offered is of a personal service provider nature and a. The director does not take fees or income From the company. B the director earns fees/income from the company is provide the personal service himself. Thanks

Amount monthly paid for tax

  Written by Marc   Posted 21 February 2015

How much tax do I pay if my net salary is 8000r?

Are computer components (CPU, RAM, etc.) considered to be "part of a set"?

  Written by Marc   Posted 20 February 2015

Regarding the writing off of assets under R7,000 in value, you mention here[*] that the items must not be "connected" to one another or form part of a set. I purchased 6 items this year (CPU, SSD, Case, PSU, RAM, M/board) [in 2 transactions] in order to upgrade my PC (used for work purposes). Are these items "connected" to one another / do they form part of a set?

The total amount was about R7,671. 16 ?%u20AC%u201C which means that I can't write this off if they are considered to be part of a set. Are they? Or can I write off all 6 items, as each of them cost less than R7,000?...

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PIT Assurance Audit turnaround

  Written by Marc   Posted 20 February 2015

How does one get selected for a SARS Assurance audit? What is the turnaround time?

Depreciation on private vehicle

  Written by Marc   Posted 20 February 2015

Can one claim depreciation on a private vehicle if you have already claimed for travelling - Commission income

Dont know if SARS has my correct banking details?

  Written by Marc   Posted 19 February 2015

How do I check my banking details on SARS efiling, as there is still an amount due to me from 2 years back. And still I have not seen that money in my bank account. Its still reflecting the negative amount on my defiling account.

Is SARS Randburg open on Saturdays

  Written by Marc   Posted 19 February 2015

TaxTim is SARS Randburg open on Saturday, im getting conflicting reports.

What does annual tax on amt mean?

  Written by Marc   Posted 19 February 2015

What does annual tax on amt mean? this appears on a payslip and paye

Which tax form must I use to submit to SARS?

  Written by Marc   Posted 19 February 2015

I last submitted my an IRP6 form via eFiling in August 2014, end of Feb 2015 is my year end. . Do I still complete a IRP6 form or do I also complete the IRP12? this is for my business which is a private company. Also for this income tax submission do I calculate only from Aug?

I NEED TO RESET MY PASSWORD AND LOGIN NAME

  Written by Marc   Posted 18 February 2015

I NEED TO LOG IN TO EFILING I FORGOT MY PASSWORD AND ALSO LOGIN NAME

Medical refund from SARS?

  Written by Marc   Posted 18 February 2015

What is the limit a person can claim for medical paid cash out of your pocket and not by medical aid. Even though we have medical
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