Financial assistance to a relative / Donation

Written by Alicia
Posted 12 April 2016
Is there a tax benefit when assisting a relative financially?
Returning to SA after 8 years and still earning pounds and not rand. When am I tax resident in SA?

Written by Nicci
Posted 11 April 2016
I'm South African born and worked and lived in the UK for 8 years before moving back about a year ago. I have dual citizenship and I am still paid and taxed by a UK company and earn no income in South Africa. When will I be considered a tax resident in South Africa?
I went to see a tax consultant who didn't really give me much info except 'don't worry', that while I'm not earning South African income I wouldn't be taxed here. I also have shares in a UK company that I'm periodically se...
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Zim Nationals New Tax Numbers

Written by Nicci
Posted 11 April 2016
I have several employees that need tax numbers. They are all Zim Nationals on an Asylum visa. How do I get them Tax numbers? Can I apply to SARS on their behalf, in bulk without them going to the SARS offices.
Tax for temporary employees

Written by Nicci
Posted 11 April 2016
I am a temporary employee with three months contract in a municipality. I earn R37. 50 per hour and get paid on monthly basis. Last month my employer taxed me 18% on my salary. I worked for 160 hours. Is this the right percentage they used? please advise me on the applicable tax law for temporary employees.
Capital Gains Tax calculation

Written by Nicci
Posted 11 April 2016
I recently sold my home in South Africa at R6,500,000 (5 April 2016). I purchased this property in 2006 at R3,500,000. When would I need to submit this to get CGT assessed. In addition to the R2,000,000 primary residence exclusion, what is the 2016 annual exclusion? Is there a SARS CGT call number?
Capital Gains Tax - costs of selling primary home.

Written by Nicci
Posted 11 April 2016
When selling one's primary residence, am I correct to assume that closing out of the bond is included in costs of selling the asset when it comes to CGT payments? Does this fall under costs of selling the asset?
Are retrenched employees taxed by SARS?

Written by Nicci
Posted 11 April 2016
Will I be paid back my PAYE for the 2016 period, ending 29 February 2016 since I became retrenched in March 2016?
When to Expect SARS Refund

Written by Alicia
Posted 8 April 2016
I submitted my 2011 & 2012 IRP5s yesterday and received a message that I'm owed a refund from SARS. Any idea of when I can expect this refund?
Thanks for the help!
Summary of 2015 tax year / T-filing

Written by Alicia
Posted 7 April 2016
Hi I am needing to sort out my tax submission with SARS. Is it possible to get a breakdown of what I submitted with Taxtim for 2015 tax year?
Request the actual percentage PAYE normally taken by SARS on Bonuses

Written by Alicia
Posted 7 April 2016
How much percentage does tax take on bonuses
When does 2016 tax season start?

Written by Nicci
Posted 6 April 2016
When do I have to file my Tax Return for 2016?
I started working on 16 March 2015 to 31 March 2016. I have started at a new employer on 1 April 2016. I earned R8762 at my previous employer. I paid R452 income tax per month and paid R1152 on my December bonus.
How do I de-register for Provisional tax?

Written by Nicci
Posted 6 April 2016
I am a registered provisional taxpayer from when I earned other income than my salary. I now only have a salary income. Nothing else. How do I deregister for provisional tax purposes?
Sole trader tax information

Written by Alicia
Posted 6 April 2016
How do I find out what receipts I should keep now that I want to operate as a sole trader and what should be declared as is tax deductible?
Travel claim against commission income /vehicle claims

Written by Alicia
Posted 6 April 2016
Can you claim depreciation as well as finance charges on a travel claim against commission income?
Tax when working for different employers / independent contractor

Written by Alicia
Posted 6 April 2016
I am about to start 2 different half day jobs. In the morning I work for an organisation and in the afternoon I work for an individual. Should I expect the individual I work for to deduct PAYE or should I put it the PAYE amount away and pay it as personal income tax?
Unsure of the difference between tax no and vat no for my company

Written by Alicia
Posted 6 April 2016
Ive been issued a tax reference number for income tax for my newly registered company. I'm not sure what it is. It starts with 907---
How is retirement fund lump sum withdrawal benefit calculated

Written by Alicia
Posted 6 April 2016
How is lumpsum code 3920 calculated
How do I claim Withholding Tax back?

Written by Nicci
Posted 5 April 2016
Hi, we get charged withholding tax from Botswana. We have the withholding tax certificates issued from BURS Botswana Unified Revenue Service, but how or where do we claim this back on our IRP6 form.
Tax number requested

Written by Nicci
Posted 5 April 2016
Can you send me a tax number via email if I lost one
How to submit an oustanding return when you don't have an IRP5 and cannot find the employer?

Written by Nicci
Posted 5 April 2016
What do you do if you have an outstanding SARS tax return for 2011 if you do not have an IRP5 for that tax year since the company you were working for cannot be found/traced? I was working on a contract basis and do not recall ever receiving an IRP5 for that year. I have submitted tax returns before and was never made aware of any outstanding tax returns. Only now that SARS needs to pay me money back do they mention that there is an outstanding tax return for 2011. How does there system work? I ...
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Are you taxed on medical benefits from employer?

Written by Nicci
Posted 5 April 2016
1. I would like to know if the medical aid contribution benefit from the employer is also taxable?
2. Are you taxed on salary or total earnings?
3. When does the tax period start and end?
How much tax am I going to pay on foreign income?

Written by Nicci
Posted 5 April 2016
I am earning a monthly income from being a virtual assistant for a company based in the US and earning dollars. It is paid via PayPal and drawn through my bank. This is a second income, not my main form of income. It is part-time work. How much tax am I going to pay?
Must commission earners register for provisional tax?

Written by Nicci
Posted 5 April 2016
Hi Tim,
I earn a basic salary and a commission. The total commission earned is more than 50% of my total earnings. Do I need to register for provisional tax?
How do i answer the marital status question on SARS eFiling?

Written by Alicia
Posted 5 April 2016
I got married in Dec 2015, but haven't managed to get a gap to go to Home Affairs to apply for a new ID book/card. This company where I freelance at don't even know that I got married. I tried to tell human resources,
late last year, but the woman said I can just provide them with copy of my new identity document, when I eventually get one. So now, WHAT do you suggest I DO when I log onto SARS e-filing,
Must I click the unmarried box? Or the married box?
Employee tax - earning R 6773.76 per month

Written by Alicia
Posted 5 April 2016
I have recently employed 8 people, who each earn R5376 basic salary R 1397. 76 overtime allowance per month. When I enter these figures on the payroll system that I'm using, tax is calculated at R 94. 28.... I'm confused - Is this correct? I thought only people earning above R120 000 pa pay tax?
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