Tax Q&A

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Med aid and RA on my IRP5?

The amount on my IRP5 for code 3810/4005/4474 (all the same R23022) but more than the amount indicated on the medical aid tax certificate (R22092). Which amount

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Getting tax number

How do I get my tax number You can call 0800 00 7277 to find out what it is if you have already registered.

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Car trade-in a Capital Gain for tax purposes?

I traded my car in for a new car. The sales price was R10,000 more than I owed the bank, so the dealer gave me a R10,000 discount on the new car, i.e. I didn't

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I resigned and did not notify SARS about it

Good morning. I resigned from my work this year February and I didn't visit or notify SARS about this and so I don't know maybe what I could've done because I a

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Can I pay with a debit card and please help me out with using it.

Can I pay using my debit card? You can pay via EFT, just click the EFT option for the banking details.

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Depreciation/Wear and Tear

Calculating Depreciation/Wear and Tear (note 47), does it apply to both provisional taxpayer and regular taxpayer ?Under which conditions can you claim for it ?

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Receive ITA34 after being audited for 3 months

I was audited by SARS from July 2014, received completion letter at the beginning of August 2014 then I was selected for further review but today I received an

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CGT on primary residence that was also rented out

I lived in a property for a number of years, then rented it out for a few more years after that, and I have now sold the property. It appears that CGT is only a

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Income tax for taxi owners - how can I submit my return?

How do I fill a tax return with an income from local trade- public transportation? Make use of the local business income section on TaxTim or eFiling to put

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Tax Return Amount - is it correct?

Does the money reflected on the e Filing site as a refund the same amount a person should expect or will it still be assessed and you could receive less/more th

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Need clarification on whether an ITA34 means they have concluded your review by SARS?

I would just like clarity on this. I submitted my return, they asked for supporting docs, I gave my tax certificate of medical aid only and then was issued with

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Ander inkomste

Ek het my opgaaf gister begin. Ek ontvang jaarliks 'n trustee vergoeding wat nie deel is van my ander inkomstes waarvoor ek 'n opgawe kry nie. Ek het

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Status of tax return submitted via T-Filing

I just made use of the new T-Filing method (very nice btw). I followed all instructions pertaining to enabling shared access via SARS e-filing. My question is t

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What of form of tax do I pay if I am an SA resident employed and paid by a foreign employer?

I am employed by an non-profit organisation based in the UK. I am a permanent resident of SA and I work from home. I receive my salary from the UK (monthly, wit

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Is list of local and foreign assets required by SARS, for foreign pensioners in South Africa?

I am French resident, who retired in South Africa. I receive a pension from France. My tax consultant says I must complete a document, listing all my local and f

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can a tax payer claim for his umemployed spouse, medical bills?

Can I claim for my wife's medical bills? she is unemployed, on chronic meds. she is not a member of my medical aid. All bills are my responsibility. Yes

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Only pay tax if you earn over R250,000?

I read of the SARS website that you only need to pay tax if you earn over R250 000 a year? I am self-employed but my income comes from one source. Would this app

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Tax implications of working in Germany

I work in Germany, am taxed in Germany (heavily it seems). What are my tax implications in South Africa? Do we file a return in Germany & South Africa? My hu

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2 requests to upload supporting documents - is that normal from SARS?

I filed my tax and claimed for medical expenses - I had an operation I had to pay for privately. I uploaded the invoices upon SARS' request. They called me afte

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I want to submit my IRP5 for 2014

How can I submit my tax return for 2014 on line? You can Register for TaxTim and begin the process where we complete and submit your return for you.

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What is the tax on a lumpsum amount of R200 000?

What is the tax on a lumpsum amount of R200 000 if i resigned from my job and got paid from my fund? Please make use of our Lump sum calculator to work our

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Advantages of paying for own medical aid rather than employer's contributions?

Is there any distinct financial advantage to paying for my medical aid on my own (therefore not involving my employer at all), rather than opting for my employe

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Is it best to keep financial records?

Do I need financial statements if I'm a sole proprietor? No, but it would be best to keep records of everything and to prepare some profit or loss statement.

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What is the tax on R1 101 000.00

What is the % of tax calculation when resigning? Please make use of our Lump sum calculator to work out the tax payable.

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How to get access to an IRP5 form online?

How to get an IRP5 form online? Your employer should have provided this to you.

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