I need to add code 3701 and 3702 to my tax return

  Written by Marc   Posted 4 November 2014

Please make the below changes before continuing:You can't fill in the Travel Allowance section if your IRP5 incomes list doesn't contain source code 3701 or 3702.It is telling me to fix this but it does not say where I need to go to to correct this

Declaration of professional income and how does this relate to local assets and liabilities?

  Written by Marc   Posted 4 November 2014

Income is earned from writing articles that are published in a magazine. No IRP5 is provided for this remuneration. Do I declare this income in the field "Income other than turnover" and give it a description of "professional income"? Then under the heading "Local assets and liabilities", do I only declare amounts relating to this professional income? For example fixed properties will be zero as the house that I own is not part of this professional income activity?

Medical aid contributions on my tax return?

  Written by Marc   Posted 4 November 2014

In the medical aid contributions - Did your medical aid contribution form part of your salary. My employer took the contributions off my salary but did not contribute to it directly. This also only happened for 8 months of the tax year after which I paid all the contributions. Is it correct to say that my medical aid formed part of my package, they did not pay for my entire contribution and no again to "Is your ENTIRE medical aid contribution taken out of your salary? So it is paid via your...

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Company taxing employee on company petrol usage?

  Written by Marc   Posted 4 November 2014

Hi Tim

My husband has started at a new company as a sales exec. He gets company petrol as a benefit and they've issued him with a company petrol card. However now I've noticed that they are adding the petrol useage to his earnings i.e. if his basic is R5000 they are adding R4000 petrol (varies every month) and then taxing him on R9000 gross instead of taxing him on R5000. They then deduct the R5000 off again but he's paying a lot of tax every month because of them adding in the petrol...

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What do I do with the additional amount I pay in medical for my mother?

  Written by Marc   Posted 4 November 2014

If my husband pay medical aid for his mother monthly which is dependent on him can he claim from tax?

Fund withdrawal - what are the tax implications?

  Written by Marc   Posted 4 November 2014

If I resign, how much tax would I pay on my provident fund withdrawal.

Does a sole prop with employees need to register for PAYE?

  Written by Marc   Posted 4 November 2014

I am a sole prop and therefore do not have a company registered with CIPC. I have a few staff that work for me. Do I need to register for PAYE and UIF with SARS? Can a sole prop (ie and individual) register for PAYE?

Refunds on Withholding Tax?

  Written by Marc   Posted 4 November 2014

We have a Company based in South-Africa but all the work (professional engineering services) we do is for a Company Based in Tanzania. At the end of each service provided to this company we Invoice them and when they pay us they deduct 15% Withholding tax. Each year we receive Withholding Tax Certificates from this Company which we then submit to SARS when our accountant does the Company Tax Return via e-filing. The Withholding Tax Certificates we submitted to SARS this year was for the value ...

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sars rebate

  Written by Marc   Posted 3 November 2014

Hi I recently resigned and I was told that I quality for a rebate from sars, how many percent will that be? Thank you

Can I claim for travelling for a disabled person to and from college?

  Written by Marc   Posted 3 November 2014

I have a daughter who is deaf she has finished Matric at a school for the deaf she now attends a normal colledge because there are no specialised colledges for deaf students.

I understand that I cannot claim for her fees because it is a College however I did put in a claim in 2014 for travelling because she cannot use public transport to commute to college because of her lack of communication and hearing, but my claim was rejected.

I see the tax act uses the word Specialised School but makes no mention for college or university ...

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Receiving misleading information from SARS regarding income tax return refund?

  Written by Marc   Posted 3 November 2014

Any idea on what is happening with income tax returns this year?? I have submitted my return early July, only to find out that I am being "audited". I have done the documents needed twice, had to do a dispute, got a return that the objection was allowed, and have subsequently been waiting for my refund since the 3rd of September. I have been phoning the call centre twice a week since then, and have had just as many different responses from them as to what is happening on my return! The answer ...

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I NEED TO GET MY TAX NUMBER PLEASE?

  Written by Marc   Posted 3 November 2014

I NEED MY TAX NUMBER PLEASE?

What is the 12 month period to be exempt form income tax?

  Written by Marc   Posted 3 November 2014

From when is the 12 month period you must be out of SA to be exempt from SA income tax?

How will I be taxed as a freelancer on retainer?

  Written by Marc   Posted 3 November 2014

Hi there!

I am currently full-time employed as an editor, but would like to go freelance next year. I am busy putting a proposal together to encourage my current employer to keep me on retainer for a portion of my current duties, for a portion of my current salary from January 2015, so that I can at least be guaranteed a basic salary for the first year or so of being a freelancer while building up a client base.

As far as tax goes, my understanding was that the burden was on freelancers to submit quarterly or annual tax returns, and that employers using freelancers were not necessarily obligated to deduct tax on their fees...

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Is there a threshold for registering for provisional tax for a non salary person?

  Written by Marc   Posted 3 November 2014

I run my own business as a sole prop in my own name. I read somewhere that if my taxable income is below a certain threshold for the year, that I do not need to register as a provisional taxpayer. Is this correct? I was under the assumption that because I earn income other than a salary (from carrying on a trade) I am automatically a provisional taxpayer?

If I am below the threshold and do not need to register, then how will I know this before hand? For example, for the 2015 tax year, I will only know if I am below the threshold at the end of the year, being Feb 2015. By then, I would be late in submitting my provisional tax returns (due in Aug 14 and then Feb 15)?...

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Must I submit a provisional tax return if I only became a provisional taxpayer in October?

  Written by Marc   Posted 3 November 2014

I started my own business on 1 October 2014 and am now running as a sole prop. I am aware that I am now a provisional taxpayer and need to submit IRP6's.

My question is do I need to go back and submit an IRP6 for the first provisional return for 2015 tax year at end August 2014 (for 201501) even though I was not a provisional tax payer at that stage?

Would I just submit a Rnil return?

Do I need to pay tax for a 6 month contract?

  Written by Marc   Posted 3 November 2014

I have a contract with a rugby union for 6 month R10 000 pm total is R60 000 for the 6 months. Do I need to pay tax?

What does it mean when your Sars Efilling account is credited

  Written by Marc   Posted 3 November 2014

Your account has been credited with R3,150.90 by Sars eFiling. what does this mean?

IRP info not prepopulating on employee profile

  Written by Marc   Posted 3 November 2014

Why is the IRP5/501 Reconciliation information filed with SARS not prepopulating on my employee's IRP5? This particular employee has more than 1 IRP5 for the 2014 tax year.

Does being blind in one eye qualify for medical disability tax credit?

  Written by Marc   Posted 2 November 2014

Hi My wife is 90% blind in one eye due to an injury she sustained during her childhood and suffers from Glaucoma. Does she qualify for disability tax credit?

How do I get a tax number?

  Written by Marc   Posted 1 November 2014

Hi I would like to know if u can get your tax number over the phone or is it a must to go to the nearest branch?

Lump sum indication on personalization of eFiling form?

  Written by Marc   Posted 1 November 2014

I have a lump sum paid out from a liberty life provident fund, and have a tax certificate for the transaction. When personalizing my return on eFiling, where do I state that I received this income?

Do I automatically become a tax paying SA citizen because I registered with SARS & renewed my ID Doc

  Written by Marc   Posted 31 October 2014

I was born in SA 75 years ago. 1995 I became a US citizen. 2006 I opened a NON-RESIDENT ACCT with FNB CT and bought a flat. 2013 I renewed my ID Doc to do a 12 week job in CT and registered with SARS. My NON-RESIDENT ACCT changed to RESIDENT ACCT. 2013 I retired to CT for 9 months & in 2014 for 8 months, but annual visits before then were only 6 to 8 weeks. Do I automatically become a SA citizen for tax purposes because I registered with SARS and renewed my ID Doc? Does not my history...

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Can I claim expenses in the current tax year for prior year expenses?

  Written by Marc   Posted 31 October 2014

I am a provisional tax payer. My 2013 tax year has been assessed and finalized.
Can I claim business expenses in my 2014 tax year, that were incurred in the 2013 tax year but not claimed?

What is the capital gains tax implications on a donation?

  Written by Marc   Posted 31 October 2014

What is the capital gains tax implications on a donation?
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