SME Tax

  Written by Nicci   Posted 30 March 2016

Do you also do small business tax? How much would cost for a small business tax? can I hire my unemployed family and friends and deduct their salaries from my revenues? And what would constitute proof of employment of these friends to SARS?

How can I submit a backdated ITR14 form?

  Written by Nicci   Posted 30 March 2016

I am currently in the process for applying for a VAT number for our company. I was told by the SARS office that I need to submit my ITR14 Returns for the years 2013, 2014 and 2015. Now I've gone and registered for SARS eFiling. I've found the place where I am supposed to fill out the form but I don't see where it would give me an option to select the year that I am doing the tax return for? Do I just backdate the date at the end of the form?

Can't acquire irp5 from previous employer before emigration

  Written by Alicia   Posted 29 March 2016

My previous employer liquidated on 12 February this year & the liquidation hasn't been completed yet. I am scheduled to move to work in Dubai in mid April on a 3 year non binding contract and I am wondering what would be the best solution to file my tax returns for the 2016 tax year?

Just in case I am unable to acquire the liquidators details before I leave for Dubai? Or what can I do if the liquidator does not send me the IRP5?

Need to bring tax returns up to date

  Written by Nicci   Posted 29 March 2016

I have been working full time for about 4 years now. I have never submitted a tax return due to complete ignorance on my part. I have a few questions:

1. What is the best way to rectify this situation?
2. Will I definitely have to pay penalties? What is the probability of having to pay penalties?

Tax Clearances

  Written by Nicci   Posted 29 March 2016

How to request tax clearances on e filing?

Am I liable for paying tax on foreign monetary gift?

  Written by Nicci   Posted 29 March 2016

I have been receiving a monthly monetary gift from my ex boyfriend who lives and works in the USA. He is not a South African tax payer and I am. This money is for my living expenses since I resigned my job in SA on his insistence (he had proposed) however our relationship didn't work out and I am in SA without a job or an income.

Can't acquire IRP5 from previous employer before emigration

  Written by Nicci   Posted 29 March 2016

My previous employer liquidated on 12 February this year and the liquidation hasn't been completed yet. I am scheduled to move to work in Dubai in mid April and I am wondering what would be the best solution to file my tax returns for the 2016 tax year?

Just in case I am unable to acquire the liquidators details before I leave for Dubai? Or what can I do if the liquidator does not send me the IRP5?

Minor's tax obligations on inheritance

  Written by Nicci   Posted 29 March 2016

If a minor child inherits - how much do they have to earn before they must be registered for paying tax?
If they are not liable for tax, does one as the parent still have to notify SARS that they have funds invested?

Complying with EMP201 and EMP501 submissions without using Easyfile

  Written by Nicci   Posted 29 March 2016

We are a small start-up company with 2 employees. We have to complete EMP201 and EMP501 tax returns and pay over to SARS and UIF and IRP5. I am not familiar with Easyfile but it seems cumbersome and complicated. I do not want to do manual submissions. Is there a simple way of complying through E-filing?

How to check that PAYE is paid?

  Written by Nicci   Posted 29 March 2016

How can I know my employees pay my tax?

UAE employment income received 2009 - 2015

  Written by Alicia   Posted 24 March 2016

I was employed by a UAE company from March 2008 to Sept 2015. I did not emigrate to UAE and always had the intention of tax returning to SA. I was never more than 30 days in total in SA when visiting family before I left for UAE again to continue employment. Will my employment income earned for this period be taxable in SA? Where do I include this on my tax returns when completing them for SARS?

Consultant says his tax on his salary is too high

  Written by Alicia   Posted 24 March 2016

We have hired a consultant who is taxed according to the tax tables. He is querying this. How much should his tax be on R84000.

If I am a provisional tax payer, do I still pay PAYE?

  Written by Alicia   Posted 24 March 2016

If I am a provisional tax payer, do I still pay PAYE?

I earn R7500 per month, how much tax will I pay

  Written by Alicia   Posted 24 March 2016

If I pay 7,500 how much tax do pay per month

Tax on donations

  Written by Marc   Posted 24 March 2016

My father has sold his house at a discounted price to my eldest sister and some of the proceeds of the sale will be split between the remaining siblings. What are the tax implications for my father and is there any way to minimize the taxes which will be levied on him?

Are bond initiation fees, legal fees and valuation fees deductible for tax?

  Written by Nicci   Posted 23 March 2016

Hi, I have registered as a provisional tax payer and did my tax return in August. My rental expenses (levies, interest and taxes) are greater than my rental income I earn. Do I still need to file the provisional tax payer tax return now and see if any payments are due?

I have paid for your services for my personal income tax, but haven't received any of my tax information yet (for investments, medical aid etc). Must I just wait until those all come later in the year and send them thro...

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Is my business liable for PAYE as soon as I register?

  Written by Marc   Posted 23 March 2016

I registered my SME for PAYE in December 2015. When do I become eligible to start paying PAYE? I'm the only employee and my salary is tax deductible?

Do I have to register for UIF at SARS or the Labour Department?

  Written by Marc   Posted 23 March 2016

If I registered my business for PAYE at SARS do I have to register for UIF at the Labour Department or does SARS do it automatically?

What is the tax of total earnings R52499.07?

  Written by Alicia   Posted 23 March 2016

My contract was terminated and I was paid the notice pay, leave pay,leave enhancement,attendance bonus. Total earnings R52499. 07 my tax is R16339. 14. Is my tax correct. Pls help!

Amendments in EMP 201/501

  Written by Alicia   Posted 23 March 2016

This question is regarding amendments in EMP 201/501. The start date of an employee has changed. For eg, The start date was 24rth December, but the amended start date is 24th Nov. He is getting paid for the whole month of December (excluding payment made previously) and 6 days of November In March 2016. He ceased working in January 2016. Should we revise the EMP 201 of November and December? (Accrual Basis)
Or Should we treat the payment in march as a one time pay and amend EMP 501 only? (...

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Can I have a tax number while I'm unemployed?

  Written by Nicci   Posted 23 March 2016

I'm currently a student and finishing at the end of this year, is it possible for me to get a tax number now as I will be employed next year?

How do I work out tax on overtime?

  Written by Nicci   Posted 23 March 2016

How do I work out tax on an overtime of R8,006. 00

Tax for R250 000 provident fund on retirement?

  Written by Marc   Posted 23 March 2016

If for example I have R250 000 provident fund amount on my retirement,will it be taxed or not?

Independent consultant and expense claims

  Written by Nicci   Posted 22 March 2016

I am an independent contractor and would like to find out how to calculate my salary due to me taking expense claims into account. Total salary = hours worked x Hourly rate
Expense claims = cell phone, internet and travel claims

To calculate tax amount you take your total salary less expense claims. Then when calculating amount payable, do you

A: (Total salary amount less expense claims) less taxable amount plus expense claims = amount due to you

OR
...

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Do I pay tax in SA as a non-resident working in SA for a US university?

  Written by Nicci   Posted 22 March 2016

I am a US citizen living here in South Africa for about two years because of my spouse's work. The university I work for has graciously allowed me to continue working remotely for them while I am here. I work with computers on the internet. Recently, someone from my work has insisted that I needed to file for income tax in South Africa. I disagree, believing that my income source is not South African and that I am a non-resident for tax purposes. Is there some specific evidence I can use to back...

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