Tax Q&A

Where must I claim tax back from?

Where must I claim my tax and where can I get the IRP5? Your employer would give you an IRP5 in June of each year for the previous tax year. You would then n

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I would just like to know about claims not covered by your scheme?

I want to know, people say that SARS don't allow medical claims if its not on a prescription as from 2012 tax year. Is this true or can i still claim back my me

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I am stuck on the provisional for 2013, what do I need to do?

Apparently I have to submit a something by end of feb. I had a permanent job up until August 2012 and thereafter earned money as a sole prop. I dont know how to

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Unwanted ITR12?

My application date was 2011-05-30, but for some reason they set my year of liability to 2011, so now I have an ITR12 for TaxPeriod: 2011, but I wasn't ear

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How is PAYE tax calculated when employed by 2 separate employers?

Is tax calculated individually per employer or combined? The PAYE would be deducted separately and therefore could result in a refund due to you at year end.

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Additional income, how do I show this on my tax return?

I am a pensioner with a pension below the tax threshold. However I have additional income from a part time job. Must this amount be added to my pension (which i

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How to Calculate: Property Income tax?

I want to know how to calculate the amount of tax that I need to pay SARS if I am renting out my property.* I have a bond on the place that need to be paid bac

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How is the Medical Aid Tax Benefit Calculated?

I joined a medical aid during the tax year, which cost me R 2000 per month. I know that the medical aid tax benefit allowed is R 230 per month. Will I be allowe

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What is the difference between a Company vs CC for tax purposes?

Kindly assist me. From a tax perspective, which is the better option to open, a company (Pty Ltd) or a CC?Is it better to purchase a shelf company or CC or to r

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ITSA Statement of account, what does it mean?

I just want to know if alld admin penalties and outstanding amounts payable to SARS are included in this statement of account? Because I haved received a AP34 a

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Want to pay my provtax. From FNB Where do I do it?

Where do I pay Prov via Internet? You can pay using the payment method on SARS eFiling or the statement that SARS sends you will have their banking details,

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Part-time accounts clerk - what are the tax implications?

We just hired a junior accounts clerk to work 5 hours a day at R50/hour, 5 days a week. Hence, 100 hours a month. I would like to know what the tax implications

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If an employee earns less than R50 000/ R60 000 per annum, do they qualify for a income tax number?

This question is required for work purposes including employees needing to register for income tax urgently. Regardless of income threshold you would still b

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If you stay out of country for 183 days, 60 days consecutive, can you apply for a NIL percent tax?

A directive that no tax is being taken off from your salary? As far as I am aware the lowest percentage directive is 18%. This person only comes to SA for holid

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I need to find out what is my tax number?

I need to sumbit my tax number to HR Please phone 0800 00 7277

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Pay yourself a monthly salary or pay income tax on profits?

My daughter has a internet buying and selling business. It is making good profits and she wants to know whether she should take those profits out as a regular m

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Tax on Foreign Income

Hi Tim,I've got a new contracting job where I'll be working from SA, but I'll be paid from the UK. How do declare/pay my taxes on these? And do I

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Are bank statements proof?

SARS refused ALL my expenses! Now they want proof of payments of my expenses. I keep all my bank statements as it is easier to do my return and no invoices go m

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Asset depreciation in first tax year

If I registered for tax for the 2012 tax year, does that mean that I can't claim asset depreciation in that first year, since the calculations are based on

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As a Sole Proprietor - do you need to do annual returns on profit, AND monthly PAYE?

If you are drawing a monthly salary from your business being a sole proprietor should you be paying monthly PAYE, as well as company tax on the annual profit?

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Is the depreciation of a private vehicle an allowable deduction?

I do not own a business, I only earn a salary. Unfortunately personal use assets cannot be depreciated for tax purposes, only business assets.

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Is a person who has asthma classified as disabled for tax purposes?

My son has asthma can I claim as a disabled benefit for medical purposes when submitting my tax return? SARS defines disability as such:The term “disability”

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How do the medical rebates work?

I was wondering if u can maybe assist me. I?%u20AC%u2122m studying payroll and sars returns, I have an old text book with the old medical aid rates of 720 &

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When can I apply for a tax directive?

My employment was terminated and I applied for a tax directive, for my terminal benefits, which I received from SARS which allowed me to get my final payment ta

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Can a 15 year old with only a birth certificate apply for a tax number, how to apply?

She can only obtain her ID when she is 16 years. You would need to go into a SARS office with their birth certificate and register them that way.

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