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When must you do your first tax return?

  Written by Marc  

If my friend earns just under R120 000 pa & is registered for tax but has never register on eFiling nor ever completed a tax return, when must she do her first tax return?

When can a retired person stop completing a tax return?

  Written by Marc  

My mother used to work but has retired & does not get a pension because my Dad is still working. Her only income is about R400 for the yr in interest. She used to complete a tax return each year. How can she stop completing a tax return each year?

S10 exemption - how to disclose income on SA tax return?

  Written by Marc  

While working on a cruise ship - we get a salary + uniform allowance + commission. but seeing that the section 10 exemption will be meet how do we disclose this on the SA tax return? Just one amount or disclose each separately?

Medical deductions, what are we allowed to deduct?

  Written by Marc  

What is the definition for 'qualifying out-of-pocket' medical expenses ? So, what qualifies ?

Notification of tax registration with SARS?

  Written by Marc  

How do I check if I'm registered as a taxpayer by my previous employer?I never recieved a notification of registration.

Offset maintenance for Capital Gains Tax?

  Written by Marc  

Can one offset maintenance to property for CGT?

Why cant I get any tax refund when I have medical aid?

  Written by Marc  

hi Timam worried cause its my second year of submitting tax returns and I still got nothing,my employer pays 60 percent of my medical aid and also contributes to my pension fund,i have stopped paying for my retirement fund 5 years ago.all my colleagues get something except me,at the moment I owe SARS R180.00,where does it come from,with medical aid and tax contributions I believe I deserve something.I have finalised my divorce 12 months agopls help me understand

Do I sumbit a tax return?

  Written by Marc  

How do I know whether I need to submit a tax return? I am registered but have never submitted a return. I find the sars website a little confusing as they state: 'You are liable to pay income tax if you earn more than R63 556 in the 2013 year of assessment, and are younger than 65 years of age. ' BUT also state: 'What is the threshold for the non-submission of ITR12 returns for individuals for the 2013 year of assessment?Although a taxpayer still has to register for income tax he/...



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Are insurance premiums a tax deductions from a business?

  Written by Marc  

As a sole proprietor, can I deduct insurance premiums on electronic equipment as an expense? (3x computers I use to carry on my trade as an animator)

Medical Deductions - Source Codes 4040 and 4020

  Written by Marc  

I have incurred medical expenditure for the tax year ?%u20AC%u201C I have bills that I paid out of my own pocket, which my Medical Aid did not cover adding up to R7122 and I have an Income Tax Certificate from my Medical Aid with the amount of R6686. Also there are amounts on my IRP5/IT3(a) Employee Tax Certificate next to the codes 4005 and 4474.
Questions:
1. Should my bills add up to the same amount that appears on my Medical Aid Certificate?
2. Do I leave code 4040 blank and ...



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Must IRP5 be part of supporting docs?

  Written by Marc  

I do not have a copy of my IRP5, it was however submitted to SARS as it reflects on eF.Sars asked for supporting documentation, can I just submit the med certificate and logbook or must I get a copy of the IRP5 as well?

Am I a provisional tax payer?

  Written by Marc  

If I earn less than R20 000 a year selling AmC pots plus earn a normal salary do I have to register as a provisional tax payer?

How to verify tax number but I'm away from South Africa?

  Written by Marc  

Im living abroad for a few months and before I can get paid (I'm a freelance photographer ) I need to have my tax number verified, but I'm in Germany and will be here for a few months perhaps even longer.
otherwise they will deduct 30 percent.

deposit into my bank a/c for someone else

  Written by Marc  

I am a provisional taxpayer, I have a son that does not have a bank account and his salary gets deposited into my bank account. Will this affect me in any way or should he get his own bank account?

Garnishee orders explained: How SARS can deduct penalties directly from your pay cheque and how to stop it

  Written by Marc  

The last days of the month are often the most exciting for employees as they look forward to spending their monthly pay cheques. Unfortunately for many taxpayers anticipation quickly turns to grief when the money they receive in their bank account is suddenly less than they had expected. Stress and anxiety then result in light of impending debit orders and monthly expenses that need to be paid.

Apart from the ordinary deductions that your employer takes off your salary each month - expenses for your benefit such as medical aid or a retirement / pension plan - there is another deduction that can take place unexpectedly: a garnishee order...



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When completing the amount by code 4006 do you include the amount from your IRP5 next to code 3697?

  Written by Marc  

When completing the amount by code 4006 do you include the amount from your IRP5 next to code 3697?

Minimum income required before I submit tax return?

  Written by Marc  

What is the income threshold for paying tax for 2013?

Tax deduction from R15 000 salary excluding benefits?

  Written by Marc  

How much tax do I need to pay if I earn R15 000 per month without benefits?

IRP5 for 2010-2012?

  Written by Marc  

How many IRP5 forms do I need to file for 2010 to 2012?

Can't see 'Other deductions' in eFiling, how do I fix that?

  Written by Marc  

In the deductions section of my tax return, I can only see the medical deductions and not any of the other deductions... How would I get this section visible on the eFiling?

Problem with eFiling Tax calc?

  Written by Marc  

When submitting my eFiling I am unable to enter my Travel Claim details. Also, when I look at my Tax calculation there is a R0 total shown next to Medical Expenses.

Have to add house to tax submission

  Written by Marc  

I purchased a house with a business partner so according to SARS it is 50/50 which is fine, took ownership 22nd March 2012, so this tax year from what I understand I have to declare it but I have no idea how to and when I go onto eFiling there isn't any guidance.

Submitting necessary documents at SARS manually.

  Written by Marc  

Do I really have to go to SARS in person and submit my ID, bank statements etc. if all I have done is removed my tax practitioner's access and changed my bank details and address on my existing profile? Can these documents not be submitted online?I cant seem to access my IRT12 to fill in the generated information without doing this??

Do I pay SDL on annual bonuses and commission?

  Written by Marc  

do I pay SDL on annual bonuses and commission?

Why does tax credits such as UIF and SDL not form part of the total tax credit total in you calulati

  Written by Marc  

Why does tax credits such as UIF and SDL not form part of the total tax credit total in you calulation sheet/ for example it shows that my total credits including PAYE, UIF & SDL is R 144K, however on the calculation sheet it only pulls R 134K which is the PAYE only?
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