What are the legal consequences for sole proprietor not registered as taxpayer?

  Written by Marc   Posted 8 March 2014

Legal consequence for sole proprietor not registered as taxpayer

CHANGE TO PROVISIONAL TAX PAYER on eFiling?

  Written by Marc   Posted 7 March 2014

I have been a salaried employee bu have now started out on my own. Can I just change to being a Provisional Tax payer on eFiling?

I freelance now and again but have a very low monthly income. Do I need to declare & register?

  Written by Marc   Posted 7 March 2014

I love your business model, very innovative.

I have a full time job and started offering to do freelance web designing for people. I have been told some conflicting information about tax, from being taxed 40% on additional income to additional income not being necessary to declare if its non-recurring.

I have a full time job and don't charge much for creating websites and there is the recurring income of web hosting that I charge clients monthly. I probably create a site once a month for about R2000 and hosting comes to a total of R400 a month (for all the sites I host). So additional monthly income is max around R2400 and that is not every month....

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How do I register a Non South African with work permit for UIF ?

  Written by Marc   Posted 6 March 2014

How do I register a Non South African with work permit for UIF ?

Do travel days count towards 183 days out of country?

  Written by Marc   Posted 6 March 2014

Do the days of travel to and from SA count as being out of country?

Tax on contract work?

  Written by Marc   Posted 5 March 2014

When working for a company on a month contract, how should the tax deducted from your salary work? Only deduct for the month or work it out for the year?

Scared housewife - I may owe tax???

  Written by Marc   Posted 4 March 2014

I have been a housewife for a very long time. I am now 63 years old. We are married outside community of property. I had a business for a short period, many years back, which failed (I have no business sense it seems) and since then my husband was giving me money every month. It was quite a lot of money at the time, but I didn't really think that it would count as a salary. I bought a house and sold it 10 years later using the money my husband gave me. I got about 500k out from that. I have the ...

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Tax on inheritance?

  Written by Marc   Posted 3 March 2014

If I inherit money from my father will I be taxed on it?

What is tax on R8400?

  Written by Marc   Posted 3 March 2014

What is tax on R8400?

Tax Return late submit fine?

  Written by Marc   Posted 3 March 2014

What is the maximum percentage of additional tax that you may be required to pay if you submit your tax return late?

Foreign Dividend Exemption - how does it work?

  Written by Marc   Posted 3 March 2014

What is the foreign dividend exemption for the 2012, 2013 and 2014 Tax years?

Tax return problems

  Written by Marc   Posted 2 March 2014

Did tax return for last year They owe us R550 now we must go in to show proof of address WHY We did it with a Tax Broker

How can I do Internet banking to SARS?

  Written by Marc   Posted 28 February 2014

How can I do Internet banking to SARS?

I just look for SARS internet banking details and I cannot find them?

  Written by Marc   Posted 28 February 2014

I just look for SARS internet banking details

Started at new company this year (Online company based in Norway) what tax do I pay?

  Written by Marc   Posted 27 February 2014

Up until December 2013 I worked at Incredible Connection. I earned a basic and commission. They always used the PAY-E (Pay as you earn) to pay my tax.

At my new Company, an online company based in Norway, I get paid a salary and commission together in 1 payment. I submit my commission table at the end of the month and I am paid around the 5th-7th of the following month.
My question is:
1) do I need to use an IRP6 now (Provisional) if my only income is via my salary and commission (although it is from a foreign country)? (I earn less than the 250000 per month) average which I think means I don't need an IRP6...

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Have a business of 2+ months old, incurred expenses, want to know if I must register for taxes?

  Written by Marc   Posted 27 February 2014

Good day, I have registered a new business last year December 2013, and want to know if I should register for tax. At this moment I don't earn any income, only had some expenses for my business. Can I register for tax and claim the expenses incurred for the months of December to February?

Resubmitting an assessed and audited tax return?

  Written by Marc   Posted 27 February 2014

How do I go about changing a tax return (increase income), that has been submitted, assessed and audited (no problems found by SARS) in a prior year? If indeed possible, would there be any penalties? (Assuming that taxable income remains below the thresh-hold).

Is the UIF calculated on Taxable income or the Gross incnome?

  Written by Marc   Posted 27 February 2014

Is the UIF calculated on the Gross Income or Taxable Income?

Creating an IT3(a) for SARS?

  Written by Marc   Posted 27 February 2014

I have a IT Consulting Company, I need to complete an IT3(a) how and where do I go about doing that?

Can CGT be deferred in this instance?

  Written by Marc   Posted 27 February 2014

As a pensioner I have sold 2 flats that were getting too difficult to manage long distance. I have re-invested the proceeds in ETFs. Both these instruments were/are meant to be sources of retirement income. Do I have to pay CGT or can it be deferred until I draw from my ETFs?

Debit Pull on eFiling?

  Written by Marc   Posted 27 February 2014

Is it possible to do a VAT split payment debit pull on efiling?

Can you deduct travel expenses to & from coaching as an independent contractor if you keep a logbook

  Written by Marc   Posted 27 February 2014

If you work 2 jobs - 1 part time with a salary (office job) and the other ad-hoc coaching of sports. Can you deduct travel expenses for the travel to and from the ad-hoc coaching? [I know you can't to and from the work place for the salaried job.]

And what other deductions can you make besides the medical tax credit?

2014 Budget - A move to economic transformation

  Written by Marc   Posted 26 February 2014

In delivering what could possibly be his last annual budget and perhaps in an election year a very pragmatic one, Minister Pravin Gordhan painted a rather positive picture for the future of South Africa, whilst at the same time warning of the impact the global economy is having on the South African economy. He too, had a “good story” to tell of how well managed the economy is and how we have survived the economic downturn of the last half decade. The minister, like his predecessors b...

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Type of tax to be paid and how?

  Written by Marc   Posted 26 February 2014

If I invest a lump sum in a diversified portfolio of shares, bonds and property and plan to earn an income from the capital, say R100 000 a month which type of tax would I pay and how?

Provisional Tax

  Written by Marc   Posted 26 February 2014

Good day

I am 53 years old and retired. I currently received income from 2 pension funds (only source of income). Must I register for provisional tax.
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