Tax Q&A

How do I get a tax number?

I just got employed and my salary per annum will be R58 200, should I register? I have heard that if your salary is less than R60 000,you do not pay tax. Your An

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I worked for 6 months only and am 90 yrs of age how do they calculate the"equivalent rate?

for income tax purposes how is an equivalent rate calculated if a person only works for6 months of the tax year Each month your PAYE is calculated as if tha

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What documentation do you have to carry with you when you go to SARS to do your tax returns?

What documentation do you need to submit your tax returns claim to SARS? You should take your IRP5, Medical Aid Certificate, Receipts and proof of medical ex

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Is money received from my mom (paid into my bank account via cellphone banking) taxable?

Sometimes my mother pays 5000 rand or 4000 rand in my bank account. This happens when I cannot afford some things and she wants to help me. No this won't be

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Cellphone claim for tax purposes?

Can I claim my monthly cellphone bill? What do I claim it under? You can claim the cost of the handset, which would depreciated using the wear and tear calcu

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My bank details on IRP5 changed.

But the bank account SARS refunded me is still also being used by me. Should I change it at SARS? I would like to keep it the same. You should change the ban

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I earned R6 500 and was a temp in the last tax period I only worked for 3 months. How does the tax w

I earned R6 500 and was a temp in the last tax period I only worked for 3 months. Can I claim PAYE for those months? Did your employer pay over PAYE to SARS

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Estimate amount back on 3 IRP5 2009-2010, 01/2013-28/2/2013 and lastly 2012-2013/02/10

How do I roughly get an estimate on money back ....if I get back.........how do u calculate it ? We have a refund calculator which you could use for the 2013

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What is the limit for tax free donations?

Hi TimMy girlfriend sold a house she inherited from her deceased mother and would like to split the income with her sister. The amount is approx R500 000, is th

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2013/2013 allowable Commission expenses to be claimed

Just want to make sure if the 50% rule is still in place regarding commission income? The same as 2011/2012? Meaning your Commission income must be 50% more t

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Medical Tax Credit?

Hi Team, My Total medical aid contribution for myself and 2 depandants is R2072. My company pays R1211 and I pay R674 deducted from my salary and I receive a R2

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Commission - how is it taxed?

Hi TaxTim,I earn commission, all my income is derived from selling luxury automobiles. What are all the tax deductions I can claim for? What percentages of these

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Tax return payment?

I have received an email that my tax return payment is due. I would like to know how should I apply for it. Thamk You... If you are due a refund and don't ha

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What are tax benefits of working 180 days out of SA and 60 consecutive days?

I work for SA company in Botswana. My salary and tax are paid in South Africa. Is there a tax benefit in working 180 days out of the country. If it is more t

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My employer deducted montly tax from our salary but we are not registered with SARS neither is the c

Please need help. How do I know if our Company is registered with SARS and the tax that have been deducted from our Salary is been paid up towards SARS. What c

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Tax on leased property?

I rent out my property but still pay a bond. This is not my primary residence. Do I still need to pay tax? You would pay tax on the rental income less any a

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Students on Vacation Work Wages?

Do students need to register for Income Tax if they work during their vacation (3/4 weeks) for a corporate. Unless they earned more than R67 111 or the corpo

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If I want to withdraw all my pension capital, what will the tax rate be?

I have about R9 mil. pension capital that I want to withdraw, what are the tax rates? The rates will be R141 750 36% of taxable income above 945 000

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I earn a basic salary but earn a commission ever quarter what tax would I pay on my commission?

I earn a basic salary of 6500 after deductions. I also earn commission which is paid out every quarter this quarter amounts to over R7 000. You can calculate

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What does it mean if SARS send me ITA34 R-2000?

What must I do about the ITA34 must I pay them? This means you are due a refund and do not need to pay SARS.

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I contribute towards my daughters studies at the university, can I claim this as a tax deduction fro

My daughter is studying part-time to complete her degree at the university. She has a temp job as a teacher at a primary school and earns a small salary. I pay th

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I've been practicing as a medical practitioner since 2010 and still have not payed tax?

How do I go about starting this process? I've been an associate for the first 2 years and a partner the last 2 years. I've acquired a house with my wife and we

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If we run a Club does the Secretary who would earn a remuneration have to pay PAYE?

We are running a Club that purchases and sells to its members training material and then registers their students when the course is successfully completed. We

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Didn't include my pension fund on code 4006?

Last year when I filed my 2012 tax return I didn't put in my pension fund on code 4006 but have put only my retirement annuity from old mutual. And I was given

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When a certain amount was deducted from my UIF can I go for a tax return on the money that was deduc

I resigned an the company paid out my UIF an there was an amount deducted so I just want to knw if I get a tax return on the money that was deducted. If your

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