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How much must I get taxed if I earn R3500 per month?

  Written by Marc  

How much can I be taxed?

FILE OF 2014 ITR12?

  Written by Marc  

FROM WHAT DATE CAN IT12 RETURNS FOR 2014 TAX YEAR BE SUBMITTED?

What is the meaning of tax directive i.r.o pension payment?

  Written by Marc  

What does: "Dear GEPF member. SARS issued a tax directive i.r.o your pension payment. Payment will be effected within 5 working days. GEPF queries 0800117669 that mean?"

Travel reimbursement proof?

  Written by Marc  

Do I need to provide proof to SARS when I submit my IRP5 if I get travel a monthly reimbursement from my company.i.e code 3703?

Tax on Foreign income

  Written by Marc  

I am receiving and will be receiving a maintenance settlement every month for the next 15 years from UK in the form of a cheque in British pounds. What procedures do I follow when declaring this and or submitting my tax return? I have a letter which accompanies the payment every month from the courts in the UK. Any help is appreciated.

Should all travel claims for staff members be included on payslips and on their IRP5?

  Written by Marc  

Should all travel claims for staff members be included on payslips and on their IRP5?

Retired 6yrs ago at 58, receive rental income of R90,000pa. Do I submit return? Am I in arrears?

  Written by Marc  

I am now 61 years old and retired Feb 2008. Up until then all taxes were up to date. Since then I moved and receive R90,000 pa rental income from my fixed property. I wish to establish if I am liable for any taxes on this rental income and if I must re register as a provisional tax payer in the light that I have never received any notices from SARS since retirement.

Voluntary VAT registration

  Written by Marc  

My business has been operating for 3 months and I have managed to supply taxable goods to the value of R50 000. Can I register for VAT voluntarily or the business needs to be operating for at least 12 months? Will SARS accept invoices as proof of turnover even though I have not received most of the payments into my account, will I also need to give SARS a copy of my bank statement upon application?

Do I need to pay tax in my first year of self employment?

  Written by Marc  

Do I need to pay tax in my first year working?

I am retrenched, how I can save money from my retrenchment package - provident fun?

  Written by Marc  

I am retrenched, how much of my severance package and provident fund will be taxed? I want to learn the basics of income tax as a freelance writer, what will be expected of me to be legal taxwise. What is an income tax return, when working part-time as a freelance writer in South Africa?

How do independent consultant pay tax?

  Written by Marc  

I work as an independent consultant for two organisation. I basically invoice these organisation monthly for work done. The contracts are structured in such a way that I should be paying tax myself. However, I only started this year, but am not sure whether to register as a provisional taxpayer or not. How do I go about honouring my tax obligation?

How much tax is my company allowed to deduct from my salary?

  Written by Marc  

I would just like to know I earn R96k per annum, plus occasional overtime, commission and performance bonus of - R1000 on occasion, how much is my company allowed to deduct for tax every month from my salary. I am a registered tax payer.

how much tax will a business pay on r100000 profit an if a salary is paid to me,must I pay tax?

  Written by Marc  

I will be starting a business soon, I just wanted to know, if the business earns more than R10 0000 profit a year, what will the tax amount be? an if I pay myself a salary from it will I have to pay tax on it?

May I get a PAYE tax calculation table?

  Written by Marc  

When does an employee qualify to pay PAYE?

Is it possible to get a tax calculation table for PAYE?

  Written by Marc  

Is it possible for an employee to get a PAYE calculation table? If yes can you send it to me?

Tax Deduction?

  Written by Marc  

I have been paid by my employer from Sept 2013 till Feb 2014.

I would like to know what would be the tax deduction for the total gross income earned in FY 2013-2014 .The income earned was R336 267.

The tax deduction has been R89 545 which I would like to know if it's correct or it's more?

SARS eFiling bank details changed and no letter?

  Written by Marc  

I submitted my tax return etc and my bank details changed, The following day I got this message under SARS status: AVS Bank with AVS verification pass. Its the only message I received and there is no letter to say I have to submit extra documents etc, only that message. How should I proceed?

I am not registered as a taxpayer?

  Written by Marc  

I recently lost my job and, I have started my own business. I work alone but in the feature I will have to employ 2-3 workers. What I want to now is must I register my business as a PTY company? I am not register as a taxpayer. Must I register as a tax payer? I started my business 3 months back and I make R5600.00 ?%u20AC%u201C R9800.00 p/m?

How fast can I get my tax number?

  Written by Marc  

I need my tax number but I don't have money to came to SARS and collect my tax number because I stay in rural area can I get it in internet?

Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?

  Written by Marc  

Are there any normal tax and/or capital gains tax implications on a refundable rental deposit?

How do you register a company that won't be using VAT but would like the perks?

  Written by Marc  

I have started a new company and want to know the following:

My company won't be doing invoices or quotes nor will it be buying anything on credit. So no VAT will ever be charged from my side. In the future I see the company recruiting employees but for now it is just me. Do I need to register my company right now (if its just me) as I would like the perks of having the office space I am using to be taxable. I am using 2 parts of my house for work purposes (one for offices and the other for storage). ...



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How does my tax work if I am the sole proprietor and sales person of my estate agency?

  Written by Marc  

I am a principal of my own estate agency. I work alone. How does my tax work? As a sole proprietor I am not certain, as I do all the selling myself?

Tax percentage in South Africa?

  Written by Marc  

I would like to find out about tax percentage?

I earn R6 000 plus petrol of R3 per km, how much tax must I pay?

  Written by Marc  

I earn R6000 pm month plus petrol. How much tax will I have to pay?

When does cash clear

  Written by Marc  

I'm just wondering when my money will be in my bank I submitted it on Monday the 21st they sent payment out on 25th when will I receive payment?
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