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I get paid R6500-R7500, how much tax do I pay every month?

  Written by Marc  

Hi Tim, I work as assistant manager at a pizza restaurant in Johannesburg, my question is how much tax should be deducted in my monthly salary if I get paid R6500-7500 a month? How much should I take home after deductions?

I am paying for my daughter's medical aid. Can I claim from SARS?

  Written by Marc  

My daughter is a full time student with her own medical aid. But I am the one paying for it.Can I claim from SARS?

Oops - I under estimated first provisional tax payment what now?

  Written by Marc  

Hi Tim

I just filed and paid my IRP6 for the first payment just to realize that I might have under-estimated. Do I need to ask for a correction or can I rectify it with my second payment? Will there be any penalties?

Please let me know

Could SARS refund my tax to a UK bank account or does it have to be to a SA account?

  Written by Marc  

Hi Tim,
I worked in South Africa last year as UK citizen and have put in a tax return. It's calculated quite a bit back but now I have a message that reads 'AVS Bank with AVS verification pass'. I am back in the UK and SARS have said I can make someone power of attorney on my behalf, which I have duly done. They have agreed to take my paperwork to the SARS office with certified copy of my passport and my last ABSA bank statement.

My question is, to make life easier could SARS refund my tax to a UK bank account or does it have to be to my South Africa ABSA account?...



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How would I calculate my business provisional? I need to pay the first 6 months

  Written by Marc  

How would I calculate my business provisional, I need to pay the first 6 months on Friday 30 August.

Primary residence deemed disposal

  Written by Marc  

If I sell my primary residence on the 31 Dec (which I stayed in for 5 years), but have already moved out on 30 Sep (same year) to a new (right of use) residence. Would my time of disposal of my "first primary residence" be the 31 Dec or the 30 Sep?

Refund sent to expired bank account

  Written by Marc  

Hi Tim
I would like to know what I should do when I was due for a refund and my bank account was already expired. Now they sent the money back to SARS. So I would like to know what must I do next to get my refund?

Thank you for the cool blog...

Can I have three travel codes on one IRP-5? 3701+3702+3703?

  Written by Marc  

Some consultants at SARS says I am allowed to have three travel codes on my IRP5, namely 3701, 3702 & 3703. Other SARS officials says it's not permitted! Who is correct and why?

Deductions against professional fees

  Written by Marc  

I have done private consulting for the last 5 months of the 2013 tax year. I have not been formally employed for this period. What can I deduct against professional fees earned? Home office? All travel to and from clients using vehicle cost tables? Cell Phone (ratio business/personal call accepted or actual business calls only)? Other?

Calculate tax payable for R145,000 taxable income

  Written by Marc  

How to calculate normal tax payable if the individual taxable income is R145,000?

Total rebate for persons 75 years and older

  Written by Marc  

What is the total rebate for persons who are 75 years or older ?

R501 balance due to you. What does this mean?

  Written by Marc  

If SARS says "amount balance R501 due to you", what does this mean?

I did not keep a vehicle logbook and now SARS wants more details

  Written by Marc  

I did not keep a log book but when I did efiling I said I do have one. Now Sars wants me to forward them more details, what do I do? I have a desk job and don't really travel.

Travel Claim against car not in my name

  Written by Marc  

Hi Tim

I get a travel allowance but the vehicle is not in my name, SARS have done an audit and now I need to submit the Purchase / lease contract in respect of motor vehicle(s) against which I claimed. Is this a problem, will I be penalised?

Earliest date of tax year

  Written by Marc  

What date do I put into my tax return where they ask for earliest date of tax year?

Can I submit my payslip as proof of overtime?

  Written by Marc  

My IRP5 doesn't have my overtime written on it. Can I provide my payslip as proof of the overtime?

How much tax rebate does an employer get if he's paying 50% of medical aid for his employees?

  Written by Marc  

Say a company has 100 employees and the employer turnover is over R20 million per annum, if employer is planning to contribute 50% in medical aid and retirement fund to his employees, how much of a tax deduction does the employer get?

I've not filed a tax return in years, what should I do?

  Written by Marc  

I've not filed a tax return for the last few years, though my company has been taking tax off my paycheck. What should I be worried about? What should I do?

Tax number for business

  Written by Marc  

I need a tax number please for my business.

Lump sum tax on backpay?

  Written by Marc  

Hi Tim

I am employed by the Department of Education. Last year (2012) the DOE did not pay my salary for 6 months (April - September), I then received the 6 months salaries in a lump sum in April 2013. I was therefore heavily taxed on the lump sum. When can I claim back that tax, with this year's tax return or next year?

Is the efilling training/workshop available?

  Written by Marc  

Is the efilling training/workshop available where I can attend and learn how to complete the efilling sheets?

Do you have to pay SA tax on joint pension of - R60,000 (R30k each)?

  Written by Marc  

My husband and myself receive a British pension each. Not a full pension, something like R60,000 a year between us. Do we have to pay south African tax on it?
Thanks
Molly

Hourly rate "net of tax". What does this mean?

  Written by Marc  

I am starting a new position with a multi-national US based company, and my letter of appointment lists my hourly rate as "net of tax". I am not sure what this means, and was hoping you would be able to shed some light. How are my tax implications affected? Do I need to register for provisional tax?

What is "taxable income" on my payslip?

  Written by Marc  

On my payslip there is a huge amount called taxable income, what is it?
Do I owe SARS or is it owing me?

How much does TaxTim cost if paying up front?

  Written by Marc  

I don't understand your pricing. How much do I pay if paying up front? I am a returning user
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