I owe SARS money I can't afford

  Written by Marc   Posted 15 March 2016

I am unemployed at the moment and am the sole breadwinner in the household. I owe SARS money but due to financial constraints, money is extremely tight. I see SARS has debited my account with money R6500 owing to them which has crippled me financially that I can't buy food for my family. I will pay them when I employed but has just added extra financial burden.

Tax deduction on bonus

  Written by Marc   Posted 15 March 2016

What percentage is taken from my incentive bonus of every three months.

Calculate my tax when I fund my own retirement annuity and the company pays half my Provident fund

  Written by Marc   Posted 15 March 2016

How can you calculate your tax when you have a voluntry retirement annuity and a compulsary Provident fund

Can SARS pay into a call account?

  Written by Nicci   Posted 14 March 2016

I am emigrating and have gone to SARS to change my banking details. The new account is a call account which I am using to transfer my money overseas. SARS have verified this account. (Bidvest Call Account). My friend said that as far as he know SARS will not pay into the call account when it comes time to paying. Is this true?

How do I submit nil returns?

  Written by Nicci   Posted 14 March 2016

How do I submit a nil tax return to SARS? I lived in Qatar for 6 years and need to submit tax returns for that time.

How to calculate total for 4150

  Written by Marc   Posted 14 March 2016

How to calculate total in source code 4150 when completing IT3 a certificate

Employing a relative

  Written by Marc   Posted 14 March 2016

I pay provisional tax and have 2 contractors to whom I pay FEES (commission) on sales leads that they generate for me. My question is: I wish to use the services of my daughter-in-law (same surname as mine) in a similar capacity so will SARS see this as shifting my tax burden to avoid a higher bracket or will I be allowed to book this family member as a legitimate earner in her own right?
I would maintain a payments register and her fees would be paid over periodically to her banking accou...

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How do I calculate pension tax deduction

  Written by Marc   Posted 14 March 2016

How do I calculate the amount of pension that can be deducted when calculating taxable income?

Is an IRP5 form still valid after 6 years?

  Written by Marc   Posted 14 March 2016

Is an IRP5 form still valid after 6 years? I was suppose to claim in 2010 but I was still naive.

Medical practice tax return and deductions

  Written by Marc   Posted 14 March 2016

If you have a sole proprietorship, a medical practice that provides wound care for patients at home. There is only two employees. The owner (the nurse that does the wound care) and one person doing the financials and administration. The business is not registered, but the nurse has a practice number. How would you submit the tax return (as personal tax return/business?) and what deductions could you claim?

Refund audit

  Written by Marc   Posted 14 March 2016

I would just like to know is a refund audit quicker than the 60 days SARS gives themselves? I was audited and requested to send supporting documents the audit was complete and when I called in the call centre agent said all audits have been complete, it is now at the refund department and they give themselves another 60 working days to pay out. So my question is are they normally quicker when it comes to this 60 working days?

Amounts included in calculation annuity fund deduction

  Written by Marc   Posted 14 March 2016

I am retired and receive a monthly pension which is subject to tax. I make no contributions to a pension fund since I retired. I still contribute to a retirement annuity fund monthly. Do I include the total pension received together with investment tax returns for the year to determine the maximum amount allowed for annuity fund deduction

Travel allowance exceeding 8000km

  Written by Nicci   Posted 14 March 2016

How is the travel allowance taxed if you do not receive a car allowance, use personal vehicle and exceed 8000km for business travel? Company pays the standard rate per km, and no other allowance is received in respect of travel.

Pension pay out after retrenchment

  Written by Nicci   Posted 14 March 2016

If my pension fund is at R1 500 000, and I am being retrenched, how much of my pension fund will I take home if I elect to have it paid out?

New tax law on pension funds

  Written by Nicci   Posted 11 March 2016

How will I be taxed according to the new pension fund law? Salary R27,000 House subsidy R700 travel allowance R10,735 Alexander Forbes Provident Fund R2,077 Company contributes R5,004
New tax law 27. 5% pension rebate -Interpretation there of My contribution R2077 only or 2077 5004=R7081

Tax clearance certificates

  Written by Nicci   Posted 11 March 2016

Do I need a tax clearance certificate if I go sailing out of South Africa for a few years? I do have a property in South Africa

Tax number for late father

  Written by Nicci   Posted 11 March 2016

I'm asking for my late father's tax number?

What other documents are required besides submitting an affidavit?

  Written by Marc   Posted 11 March 2016

I worked for a company for one day and I haven't tax returned due to personal circumstances in 2014. I have been unemployed ever since. SARS is requesting I think an ITR12 / IRP5. I cannot submit either of these documents. What do I do besides get an affidavit?

Should I register as a provisional taxpayer for freelance work even if I have a contract position?

  Written by Marc   Posted 11 March 2016

I have a contract with an employer for a minimum of 40 hours per month from April 2016-September 2016. They should be paying tax for me on this. I will likely be doing some other freelance work during this time (and for the remainder of the tax year). Will I have to register as a provisional taxpayer for the freelance work? And as a provisional taxpayer, when do I need to register for the 2017 tax year, and will I only have to pay tax twice per tax year, or still a PAYE amount per month?

How much tax to pay from R120 000 investment?

  Written by Nicci   Posted 11 March 2016

How much am I supposed to pay to tax man when I withdraw from an investment my mother left me

What amount will be tax free if I withdraw out of this fund now?

  Written by Nicci   Posted 11 March 2016

My wife passed away 27/12/2015. She did receive on retirement 25/02/2010 lump sum of R 378 634. Tax free portion R300 000 and balance was taxed. 2/3 invested into retirement fund.

What is the Income Tax Payable on a Rental Income of R8,000.00 a month from Feb 2016?

  Written by Nicci   Posted 11 March 2016

I am a 59 yr old Male earning an annuity of R19,000. 00 per month and and an Income of R8,000. 00 a month form the property rental.

Tax on bonus from my employer

  Written by Marc   Posted 10 March 2016

Hi, can you please clarify if there is a specific tax rate percentage charged on BONUS PAYMENTS by employers? Last year it seemed to be exactly 36% that was deducted for tax, this year (to Feb 2017) I'm not sure what rate is applied.

SARS and Sequestration

  Written by Nicci   Posted 9 March 2016

If a person is sequestrated, then the person gets a new tax number. How come E-Filing still has the old details of which I had to change it myself to the new tax number. What happens to the old tax returns on the old tax number. How come I get audited every time after sequestration and sometimes I have to pay in even after I over deducted PAYE the one year?
If I submit at the branch will SARS look at the e-filing and say I did not submit?
I have submitted all the documents and how can SARS ask for more docs that I don't have....

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What is the definition of taxable income in pension fund deduction calculation?

  Written by Nicci   Posted 9 March 2016

Does taxable income include all earnings to calculate pension rebate or is it only your basic salary?
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