Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply

TaxTim's Blog

Remuneration R31452.00 included in assessment

  Written by Marc  

Adjustments were made in the calculation of taxable income

How do I register for a tax number?

  Written by Marc  

My children are being enrolled wwith an agency, part of the enrollment require a personal tax number. How do I get them registered?

Can I claim back contributions from past returns already filed?

  Written by Marc  

I just realised that I haven't claimed any money back on my disability cover contribution and RA contributions dating back to 2008.
Can I still claim money back for the years I've missed?

How should I structure my travel allowance?

  Written by Marc  

I have regesterd a small business and are drawing a salary as an employee. I travel a lot for the business. Should I ad a travel Allowence to my salary or have the business deduct it from it's tax and if I could ad a travel allowance what is the maximum and what can be payed from this allowance, eg petrol, maintenance and car payments.

Should I produce a log book at the end of the tax season or every month.

Which way is the most cost effective

Since I don't have a business, but am a sole prop, what do i put as my business code to proceed?

  Written by Marc  

What do I put as a business code if I don't have a business, because I cannot proceed without having put a business code?

Do I only pay tax for the months I am over the tax bracket?

  Written by Marc  

I am just starting out a part time photography business from home. My income isn't a set amount each month. Do I only pay tax the months I am over the tax bracket? And do I pay tax on my total income - or only the amount after I pay everything - such as medical aid, insurance, business costs etc.
Also, because this is my only source of income - do I only pay income tax or?

I claim medical aid but medical aid not in my name, am I allowed to do this?

  Written by Marc  

I pay the monthly medical aid fee but the medical aid is in my spouse's name. I want to claim this as he does not pay tax, is this allowed?

Does married in community of property affect your assesment?

  Written by Marc  

I submitted my tax return via efiling. This year i made a mistake by selecting the wrong button by saying i am married out of community of propery. I am married in community of property. SARS send me a notice that i owe them R1029 and at the bottom its said that married out of community of property affected the assesment. What can i do as my details have not changed and previous years i never had to pay SARS. Could it be because of that and what can i do about it?

Property Ownership if I am living in another country?

  Written by Marc  

Great informative site!

A question for you please.

I live in the UK (and have done so for the pass 12 Yrs) but was born and bred in South Africa. I therefore have dual citizenship, having not renounced my SA .
I have recently been bequeathed property back in SA, which I plan to rent out for R5k/month.

Am I a tax resident now that I own an asset in the country and do I need to register as one now that I own property and do I need to start paying tax on the rental income ?...



Read more →

Late submission

  Written by Marc  

I have not yet submitted my previous tax year (2011) tax return and would like to do it now together with my 2012 tax return. I have seen that SARS penalises late returns by R250 per month. Is there any way to get them to be a bit more lenient on this penalty for my late submission, or is my only option to face the music?

Im having problems with claimig my km im a Rep and travelled about 60 000km

  Written by Marc  

I seem to be having a problem with claiming mu Km this year as last year I only travelled about 30 000km and apposed to this year I travelled 60 000 and the amount that I seem to be able to get back is less than half of last year?

When is eFiling for provisional taxpayers to be done?

  Written by Marc  

Hi Tim,
Even with e-filing, do I still have to submit my provisional tax by 31 Aug. I thought it was 28 Nov for e-filing. Please advise. Many thanks

How to do adjustments?

  Written by Marc  

I have made a mistake on the website, how do I go back and correct them?

What attachment do I need when submitting to eFiling?

  Written by Marc  

Do we need to attach something when we do eFiling on line lile irp5 and medical tax certificate?

where can i find the afrikaans version ?

  Written by Marc  

Where can I find the afrikaans version ?

RENTE BETAALBAAR BY N VOORLOPIGE BELASTING BETALER

  Written by Marc  

1) Vanaf watter datum hef SARS rente by n voorlopige belasting betaler wat sy indiening per Efiling doen indien hy moet inbetaal ?
2)Tot waneer het n voorlopige belasting betaler tyd om sy opgawe in te dien as hy dit met Efiling doen ?
3)Tot waneer het hy tyd om die aanslag te betaal ?

How do I know whether I am getting money back or paying?

  Written by Marc  

I submitted my tax form and on my notice of assessment it shows "Net amount refundable under this assessment after allowable credits" as R-0.03 however when I request a statement of account it shows a refund amount of R-3111.86. I am very confused - am I getting R3111.86 or 3 cents?

How do people get so much money back from SARS for ex: R 4000?

  Written by Marc  

We work for the same company and earn the same salary. He get R 4000 back from SARS and i get R 0????

Do my bond, life insurance, car payments etc have an effect on this?

Can I claim the local dividend exemption where I dont have a certificate for them?

  Written by Marc  

I dont have a certificate for my local dividends. Should I still enter the amount of local dividends I received in the TaxTim questionaire?

Is submitting a tax claim compulsory?

  Written by Marc  

Is there a penalty if i don't submit my IRP5 and medical tax certificate for my tax claim?

What is the tax on child maintenance?

  Written by Marc  

I am divorced. My ex pays monthly child maintenance for two children. Could you advise whether I have to include this monthly maintenance as part of my income?

TAX DEDUCTABLE?

  Written by Marc  

I am self-employed, with a irregular monthly income. Am I able to deduct the Rent that I pay for my therapy practice, from my gross income?

Tax deductable?

  Written by Marc  

Could you please let me know if any of the following are tax deductable:
1. Personal insurance for home and car
2. Membership fees to religious organization
3. Paying my child's university fees
4. Monthly fees for home security and maintenance service

Thanking you.

How much do you have to earn to apply for your tax back?

  Written by Marc  

I earn approximately R127K per year and was wondering if I can apply for my tax back.

I have submitted incorrect logbook information to SARS, what does that mean?

  Written by Marc  

I did not keep a detailed logbook for the year and made one up from memory when submitting my tax return. I have now been selected for an audit and fear that my supporting documents and logbook wont correspond. What do I do?
Older posts →← Newer posts    321  322  323  324  325  326  327  328  329  330  331  332  333  334  335

Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.