How is tax calculated on on half-yearly payments?

  Written by Marc   Posted 8 November 2014

I receive an average monthly salary of R25 000 for which PAYE is deducted at the rate given in the PAYE table.
However, I receive an extra R30 000 twice a year. For these two months PAYE is deducted at the rate given in the table as if I was earning R55 000 every month! Is this correct? Must the R30 000 payments be taxed at another rate?

Refund delay from SARS?

  Written by Marc   Posted 7 November 2014

I have not received my refund after 30 days. I have also had to go to SARS 3 times to verify my details.

What could be the problem?

Provisional Tax Payer

  Written by Marc   Posted 7 November 2014

Must I register as a provisional tax payer OR will SARS inform me?

Reimbirsive travel allowance declaration for income?

  Written by Marc   Posted 7 November 2014

I would like to if, how do submit for taxable reimbursive travel allowance?

Issue of IRP5 certificates at the time of Interiem reco submission

  Written by Marc   Posted 7 November 2014

Do an employer needs to issue IRP5 certificates to employees after the interim reconciliation submission

Can you help us do our CC's tax ourselves?

  Written by Marc   Posted 7 November 2014

We own a small business doing Tours and Transfers, registered as a CC with one owner. Can you assist us to do our tax ourselves, cutting out the accountant, but still qualifying for all possible tax exemptions and refunds?

Possibility of a Tax Number being shared?

  Written by Marc   Posted 6 November 2014

How is it possible that two people can share one tax number?

How can SARS deduct R2500 from 7yrs ago (after a refund), and a further R2500 after I disputed it?

  Written by Marc   Posted 6 November 2014

Hi Tim. I have a major dispute going on with SARS as efiling didn't show that my return for 2007 was done manually. Being a new efiling user I was still learning the process. How can SARS be so inhumane when they have clearly made this service available to the common person and then charge us thousands for making a human error by clicking a wrong button. I submitted a return in error that should never have been submitted from 7 years ago (a year they rightfully refunded me I might add)... S...

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I need a personal tax number?

  Written by Marc   Posted 6 November 2014

I need to know if I have a personal tax number. My husband's tax number was used for me, but now he passed away. Do I have to apply for my own now?

Depreciation claimed on my tax return?

  Written by Marc   Posted 6 November 2014

Can I claim depreciation on my laptop if it's older than 3 years and I haven't claimed before? If I can, how do I work out the depreciation value of the laptop? Thanks!

How to renew a TCC if the Company didnot make money during the previous year?

  Written by Marc   Posted 6 November 2014

My company has a tax Clearance certificate but it is expiring in 4 weeks time. The problem is that the Company has not made any money in the past year and I want to renew the certificate so that I try again to be in business during the next year. Can I still renew my TCC even if I have not paid any tax?

Tax thresholds?

  Written by Marc   Posted 6 November 2014

When do I qualify to pay tax to SARS?

Frans

  Written by Marc   Posted 6 November 2014

How will I know that I submitted 2013-2014 tax return?.

Where do I declare a secondary source of commission income in the ITR12 if the primary is on IRP5?

  Written by Marc   Posted 5 November 2014

I am an independent contractor operating out of a home office, and earned commission during the year from two sources, however only one of them deducted PAYE. That IRP5 is reflected on eFiling, however there is no section on the ITR12 to declare the second source of commission income. If I select the trade section of the ITR12 then I get a whole income statement to complete; if I do this must I include the IRP5 income as well? Also must I include all my expenses here or rather in the standard de...

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How do I acquire unsecured funding for a new business venture in South Africa

  Written by Marc   Posted 5 November 2014

How do I acquire unsecured funding for a new business venture in South Africa.

Did TaxTim register me for eFiling on my behalf?

  Written by Marc   Posted 5 November 2014

I have completed my return with TaxTim. It's my first return. Before using TaxTim I did not register for eFiling with SARS. Did TaxTim register me for eFiling on my behalf? I called the SARS call centre and the lady there said the system reflects that a third party registers me. Is this TaxTim? I would like my login details for eFiling!

Can I deduct bona-fide office rent paid against commission income?

  Written by Marc   Posted 5 November 2014

My employer requires me to maintain a home office/ study as they do not provide me with an office. Unfortunately I live in a two bed roomed apartment and I did not want to convert the spare bedroom into an office. I managed to rent a granny flat from my in-laws and converted this into a fully fledged office. I pay a monthly rental to them for the use of the office.
The majority of my income is from commission (more than 75%).
Can I deduct the rent paid to my in-laws for my office agai...

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How much will I pay tax on R10 000 a month?

  Written by Marc   Posted 5 November 2014

how much do I pay on R10 000 a month

SHOULD EMPLOYER CONTRIBUTION OF PENSION ADDED TO GROSS INCOME

  Written by Marc   Posted 5 November 2014

IS THE PENSION CONTRIBUTION BY THE EMPLOYER CONSIDERED A BENEFIT AND PUT UNDER CODE 3697?

Why has my refund not be paid yet?

  Written by Marc   Posted 5 November 2014

If you were selected for verification and thereafter you receive your ITSA statement of account which reflects you weren't selected for verification or audit does that mean SARS will pay the refund or can u still be selected for further audit?

Are your refund calculations correct?

  Written by Marc   Posted 5 November 2014


On TaxTim the calculation is the refund amount guaranteed correct and what is the process to do the return, will you do it, how long does it take and how long for the refund, what are the risk of using you over an accountant

Cooperative tax returns

  Written by Marc   Posted 5 November 2014

How can I go about doing tax returns for our Cooperative online - Where to go?

Betaal ek in wanneer my ITA34 negatief wys?

  Written by Marc   Posted 5 November 2014

Wanneer my ITA34 se bedrag in minus is? Beteken dit ek moet daardie bedrag aan SARS betaal?

Expat Tax query?

  Written by Marc   Posted 5 November 2014

I am an Expat from India working in SA since last 3 years. I am regularly filing my eFiling every year. Now I will be going back to India in April/May next year. I got following queries:

1. As I am working only for 2-3 months next year, would I still be taxed as per same rate?
2. Would I be able to file my tax return in April/May before I leave?

I'm having trouble getting my IRP5 from my previous employer.

  Written by Marc   Posted 4 November 2014

I just want to find out how can I get an IRP5 from a previous employer? And my IRP5 from previous years?
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