Tax Q&A
Tax return for laptop
I have purchased a dell laptop few months back online in Germany. Now, I am leaving germany permanently and will settle down in India. It is written in Frankfur
Read morehave gone into SARS to change my bank account details a week ago, yet on efiling it still shows AVS
I have gone into SARS to change my bank account details a week ago, yet on eFiling it still shows AVS Bank with AVS verification pass what do I do now? It ca
Read moreHow long does it take for SARS to respond?
How long does it take to get a message of whether I owe SARS or SARS owes me? Usually within a day or two. You should receive an ITA34 from SARS.
Read moreTax on variable monthly income?
My monthly salary varies as it is based on number of clients seen etc- does this affect the way PAYE is calculated? The PAYE I am getting charged is almost doub
Read moreTAXATION OF DISABILITY PENSION?
Please explain the taxation of monthly disability pension payments? Please explain the taxation of a lump sum disability grant/payment? The lump sum is taxed
Read moreR54.00 and R459.00 due to me?
I have just file my return for 2012 and 2013 so receive am sms saying -R54.00 for 2012 and -R459.00 is due to me, does that means I am owing sars? No the ove
Read moreHow many tax numbers do I have?
How many tax numbers do I have? You should only have 1 tax number.
Read moreVAT issues:registered vs non-registered vendors and correct manner of preparing invoice by non-reg?
If a business is operating from home and provides basic bookkeeping services. Income generated is well below the VAT threshold and the client requires an invoic
Read moreI am disputing my payment with SARS?
I have files a notice of objection as I do not think I was reimbursed for my travel expenses. How long will it take for SARS to come back to me? SARS should
Read moreTax Exemption for offshore divers?
Please could you tell me more about this tax exemption for offshore divers and where can I Find this legislation on SARS website. The specific legislation i
Read moreProvisional tax payer - penatly?
I submitted my tax return and was informed by SARS that I should be a provisional tax payer. Because I didn't register, SARS wants to fine me over R400,000. What
Read moreForeign earnings while out of SA?
How are foreign payments from the UN (earned while living out side of South Africa on a full time basis) taxed in SA? Where do I add them into my TaxTim form?
Read moreWhat is the definition of an arms length transaction in South Africa?
What is the definition of an arms length transaction in South Africa? The basic definition is one where the transaction has been concluded at an amount and o
Read moreHow to invoice customers re VAT as sole propieter if you are not VAT registered.
I am starting a solar business as a sole proprietor and pay VAT on all the hardware I buy. How do I invoice my customers? Surely I cannot charge them VAT as I am
Read moreSARS have taxed me 2 years in a row for same IRP5 and will not accept my NOO as was not within 30 da
SARS have used same IRP5 2 years in a row You can appeal the objection, by lodging an appeal, but be very specific on why you did not make the 30 day thresho
Read moreGet started on TaxTim?
Okay how do I actually complete my tax return on TaxTim? I have registered with the site, now want to get started. Once you have logged in and answered TaxT
Read moreHow much UIF and PAYE is deducted on a monthly income of R11500?
What is the net take home pay on R11500 pm? Please use our SARS income tax calculator to work out after tax salaries.
Read moreWhat is the source code for share trading income (ie not capital gains)?
In addition to my salary, I actively trade shares and cfds (a kind of derivative) and there is no doubt, in my case, that this activity is on revenue account an
Read moreHow is part time income taxed?
I am a pensioner earning /- R25000 per month from living annuities. I also have a part time 2 day a month job which pays anywhere between R2000 and R5000 per m
Read moreMust I go to SARS annually or only if my annual salary is above a certain amount?
I have never registered for tax as I have only now completed my first year with a job How much do I have to earn to register for tax? You need to earn more t
Read moreDo they take the primary rebate into account if you're on a provident fund?
Do they take the primary rebate into account if you're on a provident fund? Provident fund payouts are taxed according to a set table and do not include prim
Read moreDo I need to complete an income tax return if I earn less than R99 000
I earn less than R99 000 pa am 71 years old do I need to file? No you don't.
Read moreIs VAT raised by accountants / bookkeepers for services rendered claimable by the business?
Is VAT raised by accountants / bookkeepers for services rendered to their clients claimable by the client when submitting VAT returns? Yes, you can claim as
Read moreWhich is the simplest way for me to submit my tax returns?
I have a small business. My monthly sale is approx 70000 to 80000 Rands and I am running my business as a sole proprietor. I am presently unable to afford a boo
Read moreAt what age do I stop completing tax forms?
I am an 84 year old widow. My late husbands investment and pension fund gives a income of R 67500.00 per year. Income from my investments give an income of R22
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