Which document must I bring?

  Written by Marc   Posted 25 November 2014

I want know if I am registered with SARS If I am I want to know what must I bring to you and when.

If my bonus is equal to my salary but includes allowances am I liable for dubble the UIF and PAYE?

  Written by Marc   Posted 25 November 2014

If your bonus is equal to your salary but it include travel allowance and telephone allowance how is it calculated for example;
My gross salary is R8800.00 (Basic Salary Allowance transport R500 R300 telephone allowance) bonus R8800.00 gross Income=R17600.00
How much will the UIF be and the PAYE?

Since my company took my tax number does that mean I am taxed even though I earn R5000 per month.

  Written by Marc   Posted 25 November 2014

I earn 5000 a month and the company took my tax number so what I want to know is that mean I will be taxed?

Rental Income and Expenses Backdating

  Written by Marc   Posted 25 November 2014

How do I backdate rental income and expenses since 2011, since I didn't realize I had to add it.

What to enter for "creditors", under Assets & Liabilities, on ITR12 form?

  Written by Marc   Posted 24 November 2014

I earn rental income so am completing an ITR12 form. Under local assets & liabilities, the "creditors" section... does one complete 'all payments made to creditors throughout the tax year' OR the balance of what is owed for the full account OR the current monthly installment owed OR the installment owed for the month at end of tax year..?
Many thanks in advance!

SARS ITSA & how long does an audit take?

  Written by Marc   Posted 24 November 2014

I have received an ITA34 reduced assessment after visiting a SARS branch and submitting all necessary documents. This document shows a refund payable, but also show that I have been selected for audit process. I have not received an ITSA and would like to know, how long does this audit take and will the ITSA show the FINAL refund amount?

If you receive weekly wages how is leave pay and leave bonus taxed? Is it on the weekly tables?

  Written by Marc   Posted 24 November 2014

If you receive weekly wages how is leave pay and leave bonus taxed is it on the weekly tables or the monthly tables?

Are legal expenses for CCMA legal advice deductible?

  Written by Marc   Posted 24 November 2014

A company I worked for claimed intellectual property of software I developed in my private time for a private client. Their claim was based on the wording in my employment contract. When I refused to hand over the IP, they made my life a living hell. I left the company citing constructive dismissal and went to the CCMA. While I represented myself, I paid a labour lawyer for consulting on what to do.

Can the costs of the labour lawyer be seen as a legal expense even though I lost the CCMA case? I was claiming 12 months salary which would have been taxable....

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Need an extension on eFiling?

  Written by Marc   Posted 24 November 2014

Hi Tim! Will the taxman give me an extension on my eFiling ? I get my statement from 2013 only in /- in a weeks time !

What do I apply for in Freelance?

  Written by Marc   Posted 23 November 2014

Hi.I am getting paid a fixed monthly amount from a company to do merchandising for them 3 times a week.This is my only source of income? (R7000,00 per month)I will also need to pay my petrol with this income as the job require traveling?What do I need to apply as?will it be a tax directive or a provisional tax payer?

Tax on incentive and bonus

  Written by Marc   Posted 23 November 2014

If I earn R5 133 gross per month and I receive a incentive of R3900 and a 13th Cheque of R5133, will I pay Tax on incentive or bonus?

Young Disabled rebates applicable?

  Written by Marc   Posted 22 November 2014

What are the rebates for disabled people below age 65?

Can you process a SARS Tax Number for me?

  Written by Marc   Posted 22 November 2014

I need to have Tax Number from SARS. Can you process that for me?

Implications for permanent residence application if non-res performs work outside SA for SA employer

  Written by Marc   Posted 22 November 2014

Hi Tim,I am responding to your answer to a question: https://www.taxtim.com/blog/how-do-i-know-if-i-am-a-tax-resident-of-south-africa#comment-1301I don't seem to be able to respond within the thread.I am in a similar position - also a UK national on a local contract since April 2012 (first two years on an intra-company transfer visa, now on a general work permit) and it looks like I might have to work on projects outside SA.If I do this and reduce my tax liability, what does this do to my a...

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Treatmnet of taxable earnings refunded in clawback of maternity leave

  Written by Marc   Posted 21 November 2014

My question is around the treatment of the tax on maternity leave that is clawed back. Our company pays 4 months full pay while an employee is on maternity leave,but there is a clawback should the employee resign within 12 months of returning from maternity leave.

We calculate the clawback on a gross salary plus allowances and any benefit payments, eg: Basic pay, plus travel allowance, plus company paid medical aid, plus company paid provident fund, and deduct the sum of these from any outstanding money due to the employee. We deduct the total due as an advance and credit the cost centre accordingly....

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How to claim Motorcar expenses

  Written by Marc   Posted 21 November 2014

I am self employed (Handyman) and use my car to get to the places of business. I keep a log of km traveled for business. SARS informs me I am NOT allowed to claim any expenses with respect to my motor vehicle. Is that true? If not how to go about it?

Claim full loan premium vs only interest paid

  Written by Marc   Posted 21 November 2014

For investment properties, how do I declare the full debit order amount as a loss, instead of only the interest paid on the loan?

Previous company did not forward IRP5 , now I am being penalized.

  Written by Marc   Posted 21 November 2014

I really hope that you can help me. I have incurred a penalty because my previous employer did not forward my IRP5 for this passed financial year and therefore I did not file for that job's IRP5. Is there anyway that I can resubmit with the additional form? I was owed a rebate but now with the penalty, that is no more, and also if it is possible to resubmit, will a once again receive a rebate?

I really hope that there is a way to rectify this.

I need my tax reference number please?

  Written by Marc   Posted 21 November 2014

i dont know my tax id number can you send it to me please

Debit Loan Accounts & DWT

  Written by Marc   Posted 21 November 2014

I'm the sole member of a CC & have a debit loan account amount of approx R200,000 for the 2014 tax year.I believe that this raises certain DWT issues etc and was wondering if the CC charges me market related interest on this amount for the year & adds this amount to my loan account, would this solve my problem & not have to declare a dividend to balance the loan?If also heard that if the deemed dividend rule (DWT) will not apply if the loan is repaid or otherwise extinguished by...

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What is meant by "reduced assessment" and "additional assessment" in my ITA34?

  Written by Marc   Posted 21 November 2014

Hi TaxTim.

What is meant by "REDUCED ASSESSMENT" and "ADDITIONAL ASSESSMENT" in my IT34?

Thanks in advance.

Confused by SARS eFiling

  Written by Marc   Posted 21 November 2014

I did not submit a return last year as I had no income. I want to submit my current return, but I have no idea how to sort last year out....

Submission extension with SARS?

  Written by Marc   Posted 21 November 2014

how do I apply for a tax extension?

When to receive money on my account from SARS?

  Written by Marc   Posted 21 November 2014

When does the money appear in my bank account, after submitting my tax return (individual)

Started late in the year - when do I file and will I receive a refund?

  Written by Marc   Posted 21 November 2014

I started working at a company in August of this year (2014).My gross annual salary is R360,000/year.Since I am paying taxes based on a full 12-month cycle but would only have worked 7 months by End of March 2015, when do I need to file my first tax return and would I be eligible for a refund?Many thanks,Gideon
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