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SARS have taxed me 2 years in a row for same IRP5 and will not accept my NOO as was not within 30 da

  Written by Marc  

SARS have used same IRP5 2 years in a row

Get started on TaxTim?

  Written by Marc  

Okay how do I actually complete my tax return on TaxTim? I have registered with the site, now want to get started.

How much UIF and PAYE is deducted on a monthly income of R11500?

  Written by Marc  

What is the net take home pay on R11500 pm?

What is the source code for share trading income (ie not capital gains)?

  Written by Marc  

In addition to my salary, I actively trade shares and cfds (a kind of derivative) and there is no doubt, in my case, that this activity is on revenue account and not capital. What source code should I use? I can not find an appropriate code in the SARS source code booklet.

How is part time income taxed?

  Written by Marc  

I am a pensioner earning /- R25000 per month from living annuities. I also have a part time 2 day a month job which pays anywhere between R2000 and R5000 per month. My question is for final assessment purposes should my part time income be added to my pension or can this be taxed separately?

Must I go to SARS annually or only if my annual salary is above a certain amount?

  Written by Marc  

I have never registered for tax as I have only now completed my first year with a job
How much do I have to earn to register for tax?

Do they take the primary rebate into account if you're on a provident fund?

  Written by Marc  

Do they take the primary rebate into account if you're on a provident fund?

Do I need to complete an income tax return if I earn less than R99 000

  Written by Marc  

I earn less than R99 000 pa am 71 years old do I need to file?

Is VAT raised by accountants / bookkeepers for services rendered claimable by the business?

  Written by Marc  

Is VAT raised by accountants / bookkeepers for services rendered to their clients claimable by the client when submitting VAT returns?

Which is the simplest way for me to submit my tax returns?

  Written by Marc  

I have a small business. My monthly sale is approx 70000 to 80000 Rands and I am running my business as a sole proprietor. I am presently unable to afford a book-keeper. Which is the simplest way for me to submit my tax returns.

At what age do I stop completing tax forms?

  Written by Marc  

I am an 84 year old widow. My late husbands investment and pension fund gives a income of R 67500.00 per year. Income from my investments give an income of R22 000.00 per year. I was de-registered about 10 years ago because I had no personal income. Will I have to register for 2013/2014 tax year.

Where on on the ITR12 do purchases like PC's under R7000 get filled in? And Internet Expenses?

  Written by Marc  

For Home office outlays where on the ITR12 form would I put R1400 spent on a new Hard Drive for my business computer and R4500 for a Laptop - do they go under capital expenditure?

And are 3G or ADSL Internet expenses added to telephone costs and put under the Telephone heading?

How do I get a tax number?

  Written by Marc  

I want a tax number how do I apply for it? its urgent

Why is the source code 4008 not displaying on my ITR12?

  Written by Marc  

I have medical expenses that were paid for by me and not recovered from the medical aid. Should this amount go under 4008? Why is the source code 4008 not displaying on my ITR12?

Medical aid as a business Expense?

  Written by Marc  

This past tax year I paid full independent medical aid contributions for my family. In the year I was unemployed, earned income for some consulting, and then was employed for a few months. Does the medical aid monthly payment come off my business expenses the months I earned my own income? or do I just make use of the tax credits system?

Do I have to disclose all my debts /loans?

  Written by Marc  

If I have various loans from different places do I have to consolidate the amount of loans or list all my loans?

Must I pay tax for working for the IEC during registration weekend?

  Written by Marc  

How much tax will I pay for a once-off payment made by the IEC for work during the registration weekend of 9 & 10 November 2013? The contractual amount (gross amount) is R1158-00.

I need my tax number by urgently please?

  Written by Marc  

How do I get my tax number before 16:00 this afternoon?

How do you assure that rental income is ring fenced for tax purposes?

  Written by Marc  

What is the process when ring fencing rental income that does not make a profit 2013?

Tax problems for traveling?

  Written by Marc  

From what year did you have to submit a logbook for travel allowance?

Can I submit receipts of medical fees paid after February 2013 on or before 22/11/2013

  Written by Marc  

I have paid some of the medical fees from my pocket after February 2013 -can I also submit the receipts thereof on or before 22/11/2013.

Who qualifies for tax pardon and what supporting documents are required?

  Written by Marc  

My mom is 73 years old and she has had some penalties from previous years that she has made arrangements to pay to SARS, last year she was advised buy an official at a SARS branch to apply for tax pardon as she can no longer afford the monthly payments to SARS. There has been no response.

Secondly, I have had a tax consultant who is helping my mom with eFiling for 2013 and he informed me that he could not proceed with the filling as he is asked for supporting documents. What does this...



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Claiming medical expenses for a child with a disability.

  Written by Marc  

In the case of a child with a disability : The father and mother are on separate medical aids. The child with the disability is on the fathers' medical aid so contributions paid by the father does qualify. My question now is when you do the mothers' tax return do you also state that she has a child with a disability or does only the father benefit in terms of tax deductions.

Do medical aid contributions attracts perk tax?

  Written by Marc  

My cost to company is R25 000 and deducted from this is my medical of 3000.00, which the company pays over on my behalf and company does not contribute towards it - is this 3000.00 taxed as a perk tax?

I need to get my tax number from SARS?

  Written by Marc  

I lost my IRP5 so need to find out my tax number so that I can register on eFiling.
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