Incorrect provisional tax return resulting in monies owing to SARS?

  Written by Marc   Posted 27 January 2015

Can I negotiate with SARS to reduce an amount owing from a previously incorrect submitted tax return i. E. An accountant submitted a provisional tax return on my behalf. I left the company after three months and did not earn a further income. SARS now wants money from me.

Need special license for my business?

  Written by Marc   Posted 27 January 2015

Where can I get tuckshop licence

Tax refund for medical expenses paid from my own pocket?

  Written by Marc   Posted 27 January 2015

My husband pays the medical aid contribuions but I have paid 107000 to medical practitioners for operations that I have had in 2014 how much would I be able to claim on my tax return I have all the proof of payments made

I did the interview at MR PRICE so they want TAX NUMBER?

  Written by Marc   Posted 27 January 2015

I had my interview at MR Price today so they want me to go to SARS and have TAX NUMBER. So I want to know, DO I HAVE TO PAY TAX?

Declaration of donations for tax purposes on the ITR12?

  Written by Marc   Posted 26 January 2015

My wife is a housewife and does not earn any income. I regularly make investments for her into unit trusts. Do I have to declare these donations to SARS? Thank you

Allocation of Small Asset write off on ITR14

  Written by Marc   Posted 26 January 2015

ITR14: Would small assets (below R7000) that were expensed during the year, be reflected as depreciation (under Expense Items and Adjustments: Added back) and under Adjustments: Allowable as Wear and Tear: s11(e) on the ITR14?

My income tax number?

  Written by Marc   Posted 26 January 2015

How do I get my tax number?

Salary paid and claimable expenses?

  Written by Marc   Posted 26 January 2015

1. I am a salaried employee, I receive a travel allowance so I claim my business km's by using a logbook- but I would like to know whether I can also claim the depreciation on my vehicle even if I claim km's?

2. My wife was unemployed for 18 months, so I paid for her medical aid, she submitted a 0 return for herself, would just like to know whether I can claim the medical aid expenses on my tax return ( as I paid for it, but it is on her name). 3. I have a Samsung Tablet which I use 9...

Read more →

What declaration must a partner in an investment partnership include within his/her tax returns?

  Written by Marc   Posted 25 January 2015

A number of individuals contribute monthly towards a partnership whose sole business is investing in the stock market. This results in capital gains and interest being earned on an annual basis. The administrator of the partnership issues an annual statement which reflects the % holding, interest and capital gains/losses which were derived during the relevant tax period. This annual statement is issued by the administrator for purpose of the individual partner's tax declaration in respect of the...

Read more →

S10(1)(o)(ii) - does all the time out of SA need to be spent actually working?

  Written by Marc   Posted 25 January 2015

I am a freelancer, and last year I spent 248 days out of SA, in three blocks (including one block of more than 60 days). During some of this time out of the country, I did some contract work - two jobs for two different foreign companies, and one job for a South African company. But I spent much of the time not actually working, but travelling/holidaying. Of the 248 days, only 97 were spent on work contracts. So I just want to clarify whether the income I earned on those three contract jobs is t...

Read more →

Tax implication for my child if I give her 500 000 .00?

  Written by Marc   Posted 25 January 2015

I want to give my child 500 000. 00what is the tax implication for my child?This is for a gift. Thank you kindly

Is a loan to an employee a S11a deduction?

  Written by Marc   Posted 24 January 2015

If a company borrows e. G R5000 to an employee, with no interest, Is it a S11 (a) deduction? where do I work it in, in the taxable income of a company?

Is it mandatory to file every NOO that you request on eFiling?

  Written by Marc   Posted 23 January 2015

How do you delete/cancel a Notice of Objection that you have requested on eFiling when you realise SARS have actually been right in their assessment. This is before filing the NOO.

Who should be liable if you income gets combined by SARS & you owe them but you as the tax payer wer

  Written by Marc   Posted 23 January 2015

Why would you fall under another tax bracket if you get a basic salary from employer A & commission from employer B which get paid on different dates, however you pay tax on both according to what you earn from each employer A & B ,who should be liable if you income gets combined by SARS & you owe them but you as the tax payer were not aware of this, you only find out once you submit your returns.

How would an individuals tax be calculated if he/she earns a basic salary plus a commission per year

  Written by Marc   Posted 22 January 2015

Does an individual taxpayer pay any PAYE on commission earned?

VAT on maintenance expenses for rental properties?

  Written by Marc   Posted 22 January 2015

I have an income from a rental property. I am allowed to deduct maintenance expenses from the income for tax purposes. Must the deductions values for maintenance include or exclude VAT?

Do I need to pay tax?

  Written by Marc   Posted 22 January 2015

I earn R5000/month without any further benefits from my employer. Do I need to register and pay tax?

How to pay SARS dept by debit order?

  Written by Marc   Posted 22 January 2015

How does a person apply for debit order method pay SARS dept.

Is the ref number on my irp5 a valid tax number or should I register

  Written by Marc   Posted 21 January 2015

I am starting a new job next month and at my previous work I received a IRP5 form but my annual salary was below R60000, so it wasn't necessary to register for tax. Now at the new job I am going to get above R60000 annually. So now the new employer needs my tax number. Is it the reference number? or should I still register for tax?

Do you charge fees for helping me with tax?

  Written by Marc   Posted 21 January 2015

Do you charge fees for completing tax returns?

How much will be deducted for tax purposes?

  Written by Marc   Posted 21 January 2015

Minimum tax charged on R 600 000 upon resignation .

Treatment of reimbursive and travel allowance in the same period?

  Written by Marc   Posted 20 January 2015

How do we calculate business km's when employee has got both reimbursive and travel allowance?

Correct codes for medical expenses?

  Written by Marc   Posted 20 January 2015

I need to know which code I need to use when adding an amount to medical cost incurred and paid for by myself.

SARS think I'm married but I'm not?

  Written by Marc   Posted 20 January 2015

What should I do if my tax return states I'm married (out of community of property), yet I've never been married?

What must I submit to SARS by the end of January 2015?

  Written by Marc   Posted 19 January 2015

After submitting my normal Income tax return for 2013-2014 around August last year I was advised by SARS that I was a provisional taxpayer and should submit a return by August 2014. As this deadline had passed I was advised by a SARS consultant to submit the second return by February this year 2015. I see from your reminder that Provisional tax returns is required to be submitted by the end of January 2015 for the 2013/2014 tax year. As I was not advised that I was a Provisional tax payer at tha...

Read more →
Older posts →← Newer posts    192  193  194  195  196  197  198  199  200  201  202  203  204  205  206  207  208  209  210  211  212