Written by Marc
Posted 9 May 2013
I have recently returned from overseas and I'm planning to stay in South Africa. I'm about to start teaching online for a Taiwanese company and will be taxed 18% in Taiwan if I make more than $893 with them (which I plan to do). I just want to know if I have to pay tax here in SA on that income. It seems a bit harsh to pay 18% and then another x% here at home. Is this going to be unavoidable? The amount in my bank account every month should be between R7 000 and R10 000. If I have to pay full taxes on that, I was thinking of keeping back about 25%, but I first want to find out whether there are any lenience I can get since I'm already taxed in Taiwan....
Written by Marc
Posted 8 May 2013
Written by Marc
Posted 8 May 2013
Written by Marc
Posted 8 May 2013
Written by Marc
Posted 8 May 2013
Written by Marc
Posted 7 May 2013
Written by Marc
Posted 6 May 2013
Written by Marc
Posted 6 May 2013
Written by Marc
Posted 5 May 2013
Written by Marc
Posted 4 May 2013
Written by Marc
Posted 4 May 2013
Written by Marc
Posted 3 May 2013
Written by Marc
Posted 3 May 2013
I moved jobs from one company to another in September 2011, last year when it was time for eFiling I only had the IRP5 form for my current employer. I could not get my previous IRP5 form from my previous employer as the company had been closed. After submission I was asked by SARS to provide supporting documents which I did, as it was my first time submitting, I didn't know that I needed to submit all IRP5 forms for the 12 calender month. My submissions where finalized and I got a penalty fee of...
Written by Marc
Posted 3 May 2013
Written by Marc
Posted 2 May 2013
Written by Marc
Posted 2 May 2013
Written by Marc
Posted 1 May 2013
Tax is collected because the government needs to pay for all the services it provides the people of the country. It does that by charging people and business tax on the income that they earn each year. In South Africa the South African Revenue Services ("SARS") is responsible for collecting tax and gives it to the department of treasury who then pays for all the country's expenses and services. People and companies have to give a form to SARS showing how much income they earned and then pay over...
Written by Marc
Posted 1 May 2013
Written by Marc
Posted 1 May 2013
Written by Marc
Posted 1 May 2013
Written by Marc
Posted 30 April 2013
Written by Marc
Posted 30 April 2013
Written by Marc
Posted 30 April 2013
Written by Marc
Posted 30 April 2013
Written by Marc
Posted 30 April 2013