Tax Q&A

Final Assessment on the ITA34?

My final tax assessment on eFiling reflects R-12000 (negative) for 2014 and R2000 ( ) for 2013, do I owe SARS money or they owe me? This means SARS owes you

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Am I liable for tax on the repayment of a loan account and how do I reflect this in my tax return?

I invested (in the form of a loan account) in a start up private company as a shareholder at the end of 2004. I have been receiving monthly income from the comp

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OTC meds for tax purposes?

Do OTC meds include vitamins and minerals? I have bought these items for quite a large amount but havent kept the receipts. No, you cannot claim these expens

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Registration when married in COP?

How to register when married COP on an ITR12? You would still each file returns, but click the box for COP on your first page of the return.

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I claimed medical and traveling what is the supporting docs necessary for SARS?

I claimed medical and traveling what is the supporting docs necessary for SARS? You need your medical aid certificate from the provider and you logbook from

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Do I get tax refund money this year?

I want to know if I get tax refund this year? Make use of our tax refund calculator for an indication of a possible return. Then visit our Pricing Page to

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Is a commission based salary taxed differently?

A lot of people have told me that you get taxed more on a commission based salary than on a fixed monthly salary but I cannot find any evidence to support this.

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We are a non profit organisation, do we need to pay tax in any way?

We are a non profit organisation, do we need to pay tax in any way? Are you registered with SARS as a non-profit? Do we need to register with SARS as we

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I get paid R3600 per month, do I need to pay tax or register anything at all with SARS?

I have been working for a church since June last year and we are registered as non profit, was getting R3000, till now effective this June am now getting R3600

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Do I owe SARS?

Do I owe SARS for this tax year? If you earned money and have an IRP5 then please Register for TaxTim and follow the process and make use of our tax refund

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Are prior period deductions allowed?

Can I claim the purchase of glasses that was done 2 years ago? The purchase was from my own pocket and the claim was never done before? You would need to mak

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What are the tax benefits of pension fund contributions?

If I paid more money in my pension can I claim it from my tax? You can claim up to a maximum of 7.5% percent of your income so check what that amount is and

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Joint tax return

Can you file a joint tax return if your spouse earns below R250 000 from a single employer? If so how do you go about doing this? No, all returns are to be f

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Provident Fund Contributions

Hi. My provident fund contributions through my employer does not reflect on my Employee Tax Certificate. It does however reflect as a sum on my payslip as at Feb

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Do I pay tax on overtime and travel allowance?

Are overtime and travel allowances taxable incomes? Yes they are, they are considered part of your remuneration and therefore taxed.

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Receiving income from 2 employers

I am receiving 2 IRP5s from 2 employers. Suddenly at the tax year end I find that I have been taxed too little. Calculating my income in 2 parts places me in a

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Being taxed for free or cheap housing

I am being taxed on an amount for free housing. When will I pay less tax? If I get the amount as salary and pay it over to my employer as rent or if they deduct

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Travelling allowances for disabled persons

I am disabled owning a car can I claim for travelling allowances in my income tax return? Do you have an approval letter from SARS stating they accept your d

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Two IRP5 documents?

I worked half of the year for one company and the other half for another company. How do I submit my tax returns having two IRP5 documents? If you are using T

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What documents do I need as a 1st time IRP5 submitter?

What documents do I need as a 1st time IRP5 submitter? You will need your IRP5, medical aid certificate, contribution certificate to retirement funds or pen

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My CTC is R22 000 with 50% contribution from company on medical(R1976), how should tax be calculated

I have a CTC of R22,000 and included in that amount is the 50% medical contribution from the company, how will my tax be calculated. My medical aid is R1976.

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Tax due from SARS??

My tax return says -R1075. Must I pay in or does SARS owe me?? That means SARS owes you.

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eFiling help needed ASAP

I previously used a tax administrator to do my tax for me now I cant do it myself as it requires the information she used and I no longer have contact with her

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Endowment policy - taxable?

Is it possible to claim for an endowment policy? Endowment policy contributions are not tax deductible as the payout at the end is not subject to tax.

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What are the amounts for PAYE?

What is the minimum amount that should be taxed per month, how is it calculated and how & when should I claim as in a construction company as a permanent em

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