Tax Q&A

Releasing of login and password from tax practitioner?

How do I get my eFiling login and password released from my tax practitioner. You need to Register for SARS eFiling and then it will generate a request t

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NPO SARS assessment?

Can a close corporation be an NPO? Does SARS issue an assessment when you submit a tax return for an NPO? Yes a CC can be an NPO, you need to register with

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Stressed because I didn't submit my IRP5

I haven't submitted my IRP5 for 3 years because I didn't have time now I am scared that I might be penalized so what should I do? You need to do it as soo

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Which form do I need to fill in to get registered for tax as a freelance artist ?(Foreign National)

I am a foreign national student (Zimbabwean), I am an freelance performer, I want to register for tax, which form do I need to fill in? Please read our ar

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Late tax compliance?

I earn R15000 per month and own my own business (cc) for the past 4 years I have never filed a tax return. I am now moving overseas and will most likely need

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Am I entitled to a tax refund?

I got a pension payout from the ex husband as it was in the agreement SARS taxed me R9500 on the amount paid to me Unfortunately you will not be entitled t

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What is my tax rate?

I am a father of 4 and earning a gross salary of R15000 per month. How much tax must I be paying monthly? Please make use of our SARS income tax calculat

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Tax free portion of lumpsum?

If you retire -up to what amount is tax free Please make use of our Lump sum calculator to work out the tax free portion of the lumpsum.

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How do I get taxed on my provident fund if I volunteer for the retrenchment package.

How do I get taxed on my provident fund if I volunteer for the retrenchment package. Your provident fund will be taxed according to the tables as per the

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Medical Credits Dispute?

I would like to dispute my medical credits which were disallowed for some reason regarding the 2014 tax year, but I have no idea what code is to be used on th

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Can I claim VAT or qualify the above mentioned type of transaction as a Tax invoice?

I have a Invoice with Invoice NO:XXXX and the supplier charged VAT at 14% which is displayed according to SARS rules. My problem is that the words "Tax Invoic

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Can I pay and deduct vat input on this type of transaction?

You ask for a "Copy Tax Invoice" from the supplier and the supplier issues a Tax Invoice ("Office Copy"), is this acceptable as a "Copy Ta

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Source code for Interest Received for IT3b

What is the source code for interest received to be used on a IT3b? It is source code 4201.

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Possible tax on resignation benefit of R721263?

What is the estimated tax on resignation benefit of R721 263? Please make use of our Lump sum calculator to work out how much tax will be paid.

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Does cash donation receive included in tax income calculation?

If I receive a cash donation of R45000 from my uncle. Do I need to tell SARS about this and what this will means for tax purposes? Yes you do, it will be p

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Tax for two weeks service rendered?

Should I pay tax if I rendered a service to someone for only two weeks. I am not an employee of that company. They have to pay me R8100. 00 Yes, they shoul

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How much will I get when I resign: R546 000.00 lump sum?

I dont understand the SARD 18% and 36% calculations. How much will I get when I resign:R546 000. 00 lump sum Please make use of our Lump sum calculator to

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If I earn R40k pm for 5 months is it anualised for tax purposes and tax liability apportioned 5/12?

If I earn R40,000 per month and only work for 5 months(R200,000) of Tax Year(say 28 Feb 2016), is tax computed on R40k X 12 ie R480k and Tax liability apporti

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Income tax number importance?

What is the purpose of income tax number It is to identify you as a taxpayer with SARS.

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Has UIF deduction been capped at R10 from 1 April 2015?

Has UIF deduction been capped at R10 from 1 April 2015? Not yet, the consultations are still happening and nothing has been decided.

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Why being taxed on money that is less than R4000?

I normally earn my salary first and be taxed from my salary,and after 2 weeks I then receive the bonus that is less than R4 000 and it is being taxed too,why

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How do I register as taxpayer at SARS if I work and stay in Botswana. I do earn rental income is SA.

I am a SA Citizen. I work and live in Botswana for the past 15 years. I bought residential property in SA which I am renting out. How do I register at SARS fo

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Compensation of home based care worker - tax obligations?

I would like to understand the tax obligations, if any, for the following scenario and hope you will be able to assist with such. I am disabled and had to emp

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Do you pay PAYE on unpaid leave?

My salary is as follows basic of 16500, travel allowance of 4500, cell all R500, medical aid R500 & RAF R500. I did not work 2 days this month and this was de

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Is reimbursive expenditure entertainment as defined?

Do we have VAT implications on reimbursement expenditure incurred by salesman for entertaining important customer? Entertainment cannot be claimed as a VA

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