Tax Q&A
Tax refund on studies?
I am currently working at a university and have enrolled for postgraduate degree at a different institution and had paid for myself. Will I be able to claim t
Read moreCan I claim tax back on medical expenses if im not on a med scheme?
Can I claim tax back if I don't belong to Medical aid scheme. I paid over 10000 for my son when he broke his leg. You can attempt to deduct this, but read
Read moreAre churches seen as Public Benefit Organisations?
Are churches seen as Public Benefit Organisations? IT would depend if they have registered with SARS as a PBO, there are different requirements based on
Read moreRetirement tax free?
I retired in 2012 when the tax free tables for retirement was at 315 000 I now have a retirement annuity that matures in 2015. The 2015 tax tables say that I
Read moreWhat should I pay on PAYE ?
I earned R408330. 00 for the year. My wife pays the medical aid. I have 2 kids. I use some of my own equipment for work purposes. I have a endowment policy fo
Read moreWhat does 4149 mean on my IRP5?
What does 4149 mean on my IRP5? This is the total PAYE and UIF paid to SARS reflects how much tax was paid during the year already.
Read moreI donate at kfc R2 everytime I buy there where can I get a proof must I submit my slips at SARS
When I buy at kfc I pay R2 donation how can I have a proof that I support charity org must I keep my slips The KFC will have to give you a certificate with
Read moreHow do I determine my annual RA contribution?
If I started two RAs last year, one in Aug (R1000) and the other in Nov (R1000), what should I enter as my monthly/annual RA contribution total since neither
Read moreIs our invoicing correct?
Our company is not VAT registered. Our company has been issuing invoices to clients. The invoices clearly indicate that we are a non-vendor and we don't c
Read moreWork office and home office for tax purposes?
Am I allowed to have a office at work and a home office? Yes - please go through our decisions to decide whether you can deduct home office expenses?
Read moreFirst time taxpayer?
Need a tax number for work never work before (school leaver) Please read our article on How to get a SARS tax number
Read moreWork office and home office can I claim both for tax purposes?
I earn commission more than 50% of my income - I claim for home office expenses as I work from home 60% of the time but now SARS want to know if I also have
Read moreWhat is the taxable mount for an employee per month and per year?
What is the amount that is taxable for an individual per year? If your total income for the just ended tax year was R121 418. Do you qualify for a tax refund
Read moreI want to know how much I owe SARS
Do I get a refund from SARS? Please have a look at our Tax refund calculator to get an idea of how much you may owe SARS.
Read moreTax deduction on R911 968 pension benefit should I resign?
I am planning to resign with effect from 1 June 2016. Currently my pension fund benefits stands a R911968. 00. How much tax will I pay? Please make use of
Read moreCalculate on 18% tax directive
If I do the calculation, I see I have to pay in a huge amount, is there no field I need to fill in, I was on a 18% tax directive The directive only instruc
Read moreQuery on tax rebate from SARS?
If I have paid in extra R4221 on my tax and also am over taxed by R300 on my PAYE from my work every month would I then not get back monies from SARS? If
Read moreDiscuss why tax is collected
Why is tax collected? Government requires money to pay for goods and services it provides to the citizens of a country and therefore taxes the income of in
Read moreWill I be penalized for not being taxed from 1999-2012 as I worked abroad?
Been working abroad in cruise ships between 2003-2012. Returned back homed in 2012 and was unemployed until Feb 2014 where am currently employed. Do I need to
Read moreMEDICAL TAX CREDIT CALCULATION
SARS Website quotes the following as an explanation for Medical Tax Credits in 2015 : "An individual who is 65 and older, or if that person, his or her spouse
Read moreMedical tax credits?
I am aged 70 retired but working again,, earn less than R11K a month, pay my own medical aid for myself and spouse. . Have no company perks. . Have always got
Read moreWhen do we start submitting 2015 IRP5?
When do we start submitting 2015 IRP5? Filing season for the 2015 tax season opens on 1 July 2015.
Read moreSection 10(1)(o) - "continuous period exceeding 60 full days"
My question is on Section 10(1)(o): Section 10(1)(o) exempts from tax any remuneration derived by a person in respect of services rendered outside the Republi
Read moreDo I have to submit a tax return in 2015?
I was self employed (in my own name) in the 14/15 tax year. I only earned around R11,000 throughout the whole year. Do I need to complete a tax return even th
Read moreCan I claim my housing alowance if I pay rent?
If I receive a housing allowance of R5000, and I pay tax on the R5000, can I claim it back if I pay rent of R9500 No unfortunately you cannot, the rent is
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