Tax Q&A

answers

Taxes for a R5000 part time job for foreign student visa holder

As a foreign student, do you have to pay taxes on a salary of R5,000 per month. I am working 80 hours per month. R5000 per month is under the tax threshold

Read more
answers

Can I net off rental income against my rent payments?

I am receiving rental income on my primary residence and am paying rent to stay in another apartment. Obviously I need to declare the rental income but can an

Read more
answers

Am i due for a tax refund?

I want to know if SARS owes me money SARS will only owe you money if you are working and paying tax and you have overpaid tax for the year to SARS.If you

Read more
answers

Tax penalty on outstanding returns

I haven't filed a tax return in 2 years what is the penalty? Are you a salaried employee paying PAYE?Or are you self-employed? The penalties and interest du

Read more
answers

Tax calculation

Tax applicable to monthly salary R29,024. 00 for a period from 3rd Nov'15 to 29th Feb'16 Please make use of our SARS income tax calculatorIf you did not wo

Read more
answers

Tax Directive

How long does SARS take to issue a tax directive? After a tax directive is issued, how long can it take for funds to be paid into one's bank account? The ta

Read more
answers

Car allowance calculation

How is the car allowance calculated if the car cost the business R165 000 (excluding VAT) when it was bought last year (tax year ending 28 Feb 2015) Purchase

Read more
answers

Can I claim for medical expenses?

Went on early pension at age 55 December 2014 after working for 27 years at the Goverment. Receive every month a pension amount. Can I still claim medical cos

Read more
answers

Can I get a tax refund?

In 2014 I was working on campus, and I recently found my payslip from 2014 December showing that I had earned a gross payment of 6540, whereas I only got paid

Read more
answers

How much tax for R100,000 sign up bonus?

I joined a company which agreed a sign up bonus of R200 000 of which 50% (R100,000) would be paid in first month. And this sign up bonus is taxable, so how m

Read more
answers

Does SARS have a right to deduct from my salary for SARS debt related to previous employment?

Does SARS have the right to take money from my current employer for my previous employer SARS debt? Yes unfortunately they do, this is called a garnishee o

Read more
answers

Tax return help

I'm new to all this tax return issues. I do pay my tax every month. I just want to know what the process is when doing a tax return. Please advise. Firstly

Read more
answers

Can TaxTim update my banking details at SARS?

I am unable to go to SARS to update my banking details etc Can TaxTim do that for me? Unfortunately not, however you can submit these documents online thou

Read more
answers

Can SARS hold a vendor liable for VAT prior to being registered?

My B&B started trading in Aug 2015, it's year end is Sep so the first set of Annual Financial Statements will be dated Sep 2016 (14 months). Our management ac

Read more
answers

provisional tax due

I am now an au pair. Dont know if I need to pay tax. I am getting a monthly salary of R7000. However if the family go on holiday I do not get paid. I also do

Read more
answers

CGT on primary property worth less than R2m

My mum (78 years) wants to sell her house (market value is R1,7million) due to her deteriorating health, she can no longer stay on her own now, what are the

Read more
answers

Incorrect Initials on IRP5

Good DayI have an IRP5 with n incorrect initials on, how do I go about getting the IRP5 fixed/corrected? What is the procedure? You would need your employer

Read more
answers

Estate duty and tax on a property held within a company

What taxes are due on a property owned by an individual when the person dies? What taxes are due on a property owned by a company when a shareholder dies? W

Read more
answers

Tax on British Widow's Pension

I was recently widowed - my late husband was a British Citizen but residing in South Africa. The British Pension is now paying me a Widow's Pension. Do I need

Read more
answers

How to claim your vat if you are unemployed

I'm a female 20 years of age, married and currently unemployed. I want to know how to claim my vat from my grocery slips shopping slips etc.. Would you be able

Read more
answers

Donation to a pbo

Where do I find the public benefit organisation's donation certificate registration number? I do not have such a document. You need to request a S18A tax

Read more
answers

SARS has not paid my refund due since 2013

SARS has still not paid me my credit since 2013 and also not the credit built up for the following years. They do add interest to the outstanding balance but do

Read more
answers

Must employer refund tax to me?

Employer deducted tax from my month's pay as if I had worked only one week instead of four. Must the employer refund the over-deducted tax to me? I will not ea

Read more
answers

Can I claim back the tax paid on my late mother's retirement fund?

After my death claim on my mothers provident & pension fund, is the tax paid claimable? Unfortunately not, this is a full and final tax paid.

Read more
answers

Can I dispute a claim from a few years back?

I believe I qualified for a exemption on my tax a few years ago (around 2011/2012) - out the country for more than 183 days with one trip more than 60 consecu

Read more

Page 41 of 317

Showing 1001–1025 of 7902 articles