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If I am earning two salaries how does tax work?

  Written by Marc  

I am currently earning a salary as a designer in a design company and now also earning an extra income by designing a disability newspaper on weekends, my company has finally gotten funding from the government and they are back paying me R5000 for doing the newspaper layout, how much do I need to be taxed on this amount? They have taxed me R900, is this correct? Thank you for your help.

Offshore tax exemption

  Written by Marc  

There are roamers stating that if you work outside SA (offshore and not shore based) and your income is foreign based you do not require the 60 day period as indicated in section 10 o or 10 (1)o and in some instances don't even require the 183 day if you have been tax exempt for more that 5 years continuously . Please could you shed some light on these roamers..

Tax on salary of R14355.00 per month

  Written by Marc  

What is my tax amount that I should be paying?

Do I have to follow the 183 day Tax law with 60 days consecutive?

  Written by Marc  

I currently work for a company in the Netherlands. I don't work in the Netherlands, I actually travel / work throughout Africa excluding South Africa. When I receive my Salary in South Africa it is paid from one of our subsidiary companies in Cyprus (which I know is a tax free haven). I would like to know if I have to follow the SA Tax Law?

If I submit 2009, 2010, 2011 and 2012 now, when will I get a tax clearance certificate?

  Written by Marc  

I did not submit as prior to those dates the company was trading and was in a deregistration process but is now restored. Income was never more R15 000-00 monthly. Also have few slips left for purchases for functions I did.

Are donations received from various individuals taxable?

  Written by Marc  

I do voluntary work in poor communities after quitting my job a few years ago. Various people knows this and are paying money into my account as donations. Is this money taxable in my hands?

The amounts varies between R20,000 - R30,000 p.m. I do not know all of my supporters as a lot of them stays anonymous and just put 'donation' on the bank reference.

Most of the amounts are paid to me this way on a month-to-month basis and the biggest amount is R6,000 p.m. I am not offer...



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I don't have a Medical Aid. May I still claim for medical expenses like GP visits, dental etc?

  Written by Marc  

I would like to know as this is a question I have asked many times and cannot seem to find an answer. I am NOT on any medical aid but sometimes I have to go to the doctor or dentist. May I claim for the prescribed medication and for the visits etc?

Getting a tax number

  Written by Marc  

How do I get tax number or register for tax number via internet?

Basic and commission

  Written by Marc  

I would like to know what is the percentage tax on commission.

I earn an R8000 basic and about R4000 commission.

What will I get out at the end of the month?

Thank you

Import license / register under personal name or business name?

  Written by Marc  

Hi Tim
Just started my own business - and still need to learn the ropes.
Im doing everything according to the book / or am trying to.
I will be importing products - so should I register the import license to my personal name or to the business. Tax implications?

Thanks a lot Tim

Declaring PayPal income

  Written by Marc  

I need help with declaring income from admob.
I've been developing apps and have recently been receiving a good income stream from admob, paid to me via PayPal.
Would it be better to register a company?
Or should I continue receiving the money in a personal capacity?

How to claim medical expenses for 2013

  Written by Marc  

I pay medical for myself and 3 dependents - so therefore a total of R768.00 per month I can claim back for - right? What about expenses not covered by the medical aid? What I am not understanding - do we at the end of the day get paid out, or not?

How do I withdraw funds from Living Annuities when not resident in SA?

  Written by Marc  

I am a UK passport holder and a Permanent Resident of SA. I intend returning to the UK but am not sure of this being permanent, so will not officially be emigrating.
The only assets left in SA will be a monthly amount paid into my SA bank account from a Living Annuity. Can I access this amount whilst living in the UK. What are the advantages/disadvantages of just leaving SA and officially emigrating?

Who registered me at SARS without notifiying me?

  Written by Marc  

Two days ago I received a letter from SARS confirming me as a registered taxpayer. I only earn R10,000 per annum and I never registered at SARS as I know I don't qualify. My question is can a scheme register me with SARS without notifying me / my permission?

Freelance earning under R60 000 p/a. What tax do I pay?

  Written by Marc  

Hi,

I work on a freelance basis. I have one regular client who deducts tax from my pay (@ 23% of invoiced amount).
Other clients pay me in full.

I earned less that R60 000 in the 2012 tax year as I was abroad for most of the year.

As far as I understand, I should not have to pay any tax as I have earned less that R60 000? But I should be reimbursed for the tax I paid through client?

What tax forms do I need to complete?

Thanks

Notice of Objection via efiling

  Written by Marc  

I want to dispute the outcome of an assessment. I am using SARS efiling. I completed the form, but when I try to file it, I get errors about mandatory data. But this relates to the 'Particulars of representative' section. I don't have a representative - I'm dealing with this on my own.
What am I supposed to fill in?

Also, all my supporting documentation has already been submitted for the assessment. Do I have to resubmit the same documentation again for the dispute?

How can I retrieve my tax number via the internet?

  Written by Marc  

I am registered under SARS but my employee has not given me an IRP5. How can I retrieve my tax number using my personal details?

Is a sale of software, IPR or patent considered a capital gain?

  Written by Marc  

Dear Tim,
Me and my wife have been developping few software packages for years.
Now we have a client that wants to purchase them.
1. Is the sale of the software and/or IPR and/or a patent considered a capital gain?
2. Is it is a capital gane, can we sale those in our private capacity?
3. How if this taxed in case that we receive 200k per person each year for a period of 5 years?

Thank you

Am I considered a tax resident in South Africa?

  Written by Marc  

I have been working temporarily in South Africa for the last 6 years.. Over the last 2 years I work in SA less than 183 days per year and am out the country for more than 60 days continually, but if I add up the number of days I have spent in the last 5 years in SA it is over 915 days. My house is out of SA.

I need to submit 3 blank returns - must I use TaxTim?

  Written by Marc  

There are still 3 more returns outstanding that I have to submit to SARS, but they are all zero - do I have to follow your questionnaire again? They are for 2010, 2011 and 2012 and the costs are the same as before so I don't need to any calculations again.

What other means of payment are there?

  Written by Marc  

I'm not able to go in the bank and deposit the money, as I work till late. I also don't have a credit card or any means of doing it online.

Do you accept debit orders?

  Written by Marc  

I am unable to make payment now.

How do I get updates I make to reflect on the return you generate?

  Written by Marc  

When I log on and try to make changes to some of the questions asked, they are not reflected on the return generated.

How do I claim tax back as a South African working outside of SA?

  Written by Marc  

Hi, I am a South African working outside South Africa, getting payed by a South African company into my SA bank account. The company pays my PAYE / Pay As You Earn. I am out the country for - 260 days a year, and have time period longer than 90 days consecutive outside of SA. How can I get my tax back?

Only worked for 2 months in the tax year - do I get tax back?

  Written by Marc  

I started working in South Africa at the end of the 2011-2012 tax year (started Jan 2012). As this was my only earning during the tax year will i get this tax back?
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