Tax Q&A

What forms are required to submit for filing my tax return?

What form(s) do I need to fill in? and what if I don't have an irp5 certificate from my employee? You would need to complete an ITR12 - an income tax return.

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May I deduct contributions made to my father's medical aid?

"This is a common problem here in South Africa, what to do if you pay for someone's medical aid. The practice is that you can claim this benefit, if asked for d

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I earned less than R120 000, can I still submit a tax return?

Can I file a return? I have no deductions or supplementary income. If I submit the return will I stand to get any refunds? Can I also register for a tax number

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How much tax am I going to pay each month?

Employee earns 10500 per month Medical aid - 1630 ( member + 3 dependants ) Pension - 7.5 % Pension Company – 9.5% Uif - 1% How much tax would employee be payi

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I started working in April this year, when do I have to start paying tax?

What are the procedures that I should follow as a new income earner? Tax season runs from 01 March to the last day of February the following year so you woul

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What is the small business/home business Income Tax threshold?

I would like to start a small design business to supplement my income. What is the maximum per annum that is taxable? Many thanks. To qualify as a small busi

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I am a shop assistant and I have extra part time work, how does the tax work?

First of all thank you for providing this helpful service. I have been working as a shop assistant since February doing shift work. I earn approx R4200-R4800 p

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My mom is a pensioner and is dependent on me - can I claim her medical expenses?

My mom is a state pensioner and has been living with me for the past 21 years. She does not earn any other salary other than her state pension. Someone mentione

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I have had 3 seperate employers in the last tax year, how does this affect my income tax return?

I have had 3 seperate employers for the last tax year, and I have never submitted a tax return before, so I am in desperate need of help. I have been with my cu

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Does a business get "tax back" on employees medical aid?

Does a business get "tax back" when paying half of an employees medical aid? Yes it does get the tax deduction on this expense as it forms part of a business

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In order to deduct my home office expenses, do I need to be able to prove anything?

I mostly work from home for my company. In order to qualify for the home office tax deductions, do I need proof that I work from home? If so what qualifies as p

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Can I claim medical expenses that I paid, but were for my mother?

Last year my mother who is 62, and has retired on medical grounds, had to have open heart surgery which i had to pay for. Unfortunately she is not on my medical

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Why are there different levels of tax rebates?

Why are there different levels of rebates, i.e, primary, secondary and tertiary, for natural persons? And what are the effects (on both individuals and companie

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What is the section 11(n) (retirement annuity fund contributions) deduction?

Do you think that the current section 11(n) (retirement annuity fund contributions) deductions are sufficient to encourage private saving? Retirement Annuity

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Do you think that the section 10(1)(i) interest exemption should be increased each year?

Do you think that the section 10(1)(i) interest exemption should be increased each year? Why or why not? Unless government can offer other savings incentives

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Is the decision to replace the medical deduction with medical tax credits more equitable?

The current medical deduction system provides relief for individuals contributing towards medical schemes and out-of-pocket medical expenses. However it is ineq

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What are the proposed changes to the tax treatement of retirement fund contributions?

What are the proposed changes to the treatement of retirement fund contributions announced in the 2012 budget? The maximum deduction limit of R250 000 a year fo

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WHAT AMOUNT CAN I CLAIM BACK ON PERKS TAX FOR A COMPANY VEHICLE

I pay perks tax on a company vehicle and do minimum private mileage with the vehicle, what can I claim back? You need to keep a full logbook of all your mile

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Can you deduct student fees?

I am a manager currently studying for an accredited MBA which is funded entirely by myself because the company I work for does not have a policy of paying for t

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What do I do if my employer hasn't paid my employee's tax over to SARS?

I was employed at a company from 2011/08/01 till 2012/02/01. The employer never paid my tax and did not give any salary advice slip. Can you give advice on how

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I am an employee, how come I owe SARS more money?

My payslip shows all the deductions including tax that I pay monthly, so I don't understand how I got to owe SARS R1700 where as I pay monthly via PAYE? It w

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If I owe SARS money, is it possible to pay SARS back in installments over time?

Is it possible for me to pay SARS half the amount I owe for two months, as I cannot afford the full amount in one payment? SARS does offer the ability for yo

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Tax season open – What can I claim as a deduction to reduce my tax?

Salaried employees all over the country are busy filing their tax returns in the hope that perhaps they will be due a refund. For most who earn income from thei

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I’ve done my income tax return, but now how do I file it with eFiling?

Not only has TaxTim made it quick and easy to complete your income tax return, but he's recently done the same for submitting your tax return too! Once your IT

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How do I calculate how much tax I owe?

TAX PAYABLE is essentially calculated as follows: Gross Income xxxxxx Less Exempt Income (xx) Income xxxx Less Deductions (x) Add Capital Gain inclu

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