Tax Q&A

answers

I've resigned ill be getting R169.00 how much will be deducted

I was working at a school as a general worker I've resigned in 28/02/2015 approximately my pension lump sum is R169. 000 I would like to know how much will be

Read more
answers

What is the maximum amount a pensioner can earn from investments to avoid provisional tax?

I am 73. I earn a pension of R237600 pa before tax. I get rental income on investments of R15000 pa. Do I have to pay provisional tax? Yes you will have to

Read more
answers

Banking details for SARS?

I NEED THE BANKING DETAILS , SO THAT I CAN PAY SARS EVERY MONTH PLEASE You need to call 0800 00 7277 to find out about SARS banking details.

Read more
answers

Housing allowance tax?

I am a 27 years old. I have a new job mu basic salary is R18 600 and I will also receive a housing allowance of 2300. How much tax will I pay in tax? Pleas

Read more
answers

Normale belasting

Wat is verskil tussen normale belasting en belasting aanspreeklikheid In what context are you referring to? Hoe lyk die formaat as hulle jou vra om die

Read more
answers

If I paid airfare for my kid whether it will be taxable??

If I paid airfare for my kid whether it will be taxable?? Airfare for your child will have no impact on tax at all as it is a personal expense.

Read more
answers

Provisional taxpayer - threshold?

If I become a provisional tax payer, do I have to earn one million before that can happen? You need to earn an additional R30 000 profit from income which

Read more
answers

Can I get a tax refund from a fund payout

I received a payout after my mom passed. Do I qualify for a tax refund? Unfortunately not, these payouts are subject to a final tax which is not refundable

Read more
answers

Employer hasn't paid SARS PAYE - now what?

I just found out that my employer hasn't paid my PAYE contributions to SARS, even though he has been deducting it every month as reflected on my pay slip. Wha

Read more
answers

Does maternity leave affect tax refund claims?

I was on maternity leave from Feb2014 - May2014, will this affect my tax return claims? It should have the affect of giving you a refund due to the PAYE mo

Read more
answers

As an independent contractor, can study fees be claimed in a tax return?

I'm an independent contractor (SARS code 3616) and would like to find out whether my UNISA study costs can be included in my text return? My degree is related

Read more
answers

I am due to receive money from overseas, what about SARS?

All I want is to send money from SA bank to my bank in UK. Do I need to send this eFiling form? An eFiling tax return is for submission of tax affairs for

Read more
answers

Tax return - can I claim a refund?

If I earn R4 000 per month can I claim for tax return tax Unfortunately not, you do not earn enough to pay tax so there cannot be anything to be refunded

Read more
answers

Is input tax claimable on expenses incurred to entertain an important customer?

Can a business claim VAT input tax on expenses incurred by a salesman to entertain an important customer and himself on its behalf ? Entertainment is spec

Read more
answers

Time frame on tax return in excess of R100 000?

How long does it take SARS to refund tax in excess of R100 000. 00? It should be the same time period, 2-3 days assuming there are no audits.

Read more
answers

How does my salary get taxed?

Hello , I am 37 years old and my annual salary is R160000 and travel allowance R40000 I a traveling roughly equal for business and private distance and contri

Read more
answers

Do I need to pay gift tax

If my mother receives a monetary gift from an over seas friend every month totaling R100,000-R200,000 per year, does she need to pay tax on it? As long as

Read more
answers

Is it possible to submit my ITR12 as a director before submitting for the company?

Is it possible to submit my ITR12 as a director before submitting for the company? The two returns are entirely separate and you can submit them indepen

Read more
answers

Nil ITR returns when abroad?

I have been living in the UAE for the past 5 years. Prior to this I did not work for 2 years. So no tax returns were submitted as I did not have an IRP 5. I d

Read more
answers

Can I claim back for contributions to a medical health insurance, ie not a medical aid scheme?

Can I claim back for contributions to a medical health insurance, ie not a medical aid scheme? Unfortunately not, it would need to meet the definition as p

Read more
answers

PROPERTY OWNED BY A CC - WHAT IS BEST, SELL THE CC OR THE PROPERTY

What is best from a tax point of view when selling property (vacant land selling price R1. 5m) owned by a CC: 1. Sell the property out of the CC, or 2. Sell t

Read more
answers

I am blind in one eye am I classed as disabled.

I am blind in my left eye due to a motorcycle accident 17 years ago I have never claimed and my doctor knows I have no sight in this eye . I was recently told

Read more
answers

UK FUNDS RECEIVED MONTHLY HOW DO I LESSEN TAX IMPLICATIONS?

I am a full time employee in South Africa but do part time work after hours for a solicitor in the UK - she pays me £300 per month which equates to about R56

Read more
answers

Gift/ Living inheritance - tax consequences?

Hi. I am purchasing a property for R1m. I have obtained a loan from the bank for R800K, and my dad will be giving me R200K to pay the difference of the purcha

Read more
answers

Tax on pension withdrawal - what will I pay?

What amount is non-taxable when you withdraw your pension? Please have a look at the 2015 Budget for the tables related to withdrawals from funds.

Read more

Page 174 of 317

Showing 4326–4350 of 7902 articles