Tax Q&A

Tax liability for an Independent Contractor

My son started as a independent contractor March 2015 and has not paid tax. He earned R10k for 2 months and R5k for the rest of the year. He got paid a lump

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Will SARS refund one amount for 2009 to 2016?

Hi Tim, I have an income tax statement but the period is from 2009 to 2016 and I have already received one payment do I still get other payments from SARS or

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Do we calculate vat on legal fees from Road Accident Fund proceeds?

I work for a legal firm that deals with Road Accident Fund (RAF) on behalf of our clients. We deduct an amount of legal fees after the matter is settled - c

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Does a director of a company have to have a tax number?

I have a client who is the director of a small company (pty). Currently the profit of the company is less than R50 000. He has no other income. The PTY is reg

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Do I have to record all kilometers travelled?

Does my travel logbook have to include private kilometres travelled? Do I need to write down KM's (business and private) every time I get in the car for t

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What is an effective logbook method for tax?

I would like to know what is the most effective way to log your work travels in order to be able to claim it for tax? Is it really necessary to write down ever

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Acrobat reader does not work on SARS filing

I have a weird SARS eFiling problem in that on my new computer I am told to upgrade my Adobe Acrobat version in order to read correspondence, whereas I never

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When do I charge VAT?

As a VAT Vendor, can I charged vat to a recreational club for services rendered to them, even if they are a non profit organization? Yes, if you are regist

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Tax due on salary

How can I know if I am not over taxed Please use our SARS income tax calculator to see tax you should pay on your salary

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PAYE due on my salary

I'd just like to know if the correct amount of tax is being deducted from my salary monthly. My gross salary is R45900My employer pays my full medical aid con

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Limits to amount aggregated into tax source code 3696.

3696. Are there limits relative to total income to the amounts that can be aggregated into tax code 3696. Non taxable income? No, there are no limits to th

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May a sole proprietor have travel allowance and must retirement or providend fund be deducted monthl

I would like to know if a sole proprietor may allocate a travel allowance to himself? In regards to a retirement or provident fund may I do payment once a yea

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Full time salaried employee or Independent Contractor?

I work part time ad hoc shifts as a doctor at a private hospital, where I am paid an hourly rate and my hours of work are between 0 and 30 a week. In terms of

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Can I get a tax number on a deceased estate?

I was the Executor of my late Sisters estate. She passed away in 2007-it was an estate of R300k so no duty payable. One Insurance company somehow say they hav

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provisional tax on a Pty and small company

I have just opened a PTY. I do not know what my turnover will be. It might be between R 500 - R 400 000 per annum. 1) Do I need to register for provisional ta

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TaxRefund

I wanted to knw if a contract worker is allowed to claim a tax return?or isn't claimed by the people who's bt working Is tax deducted from the income you a

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Tax implications on money earned from Foreign employment income

I'm a South African with dual nationality (British). I send money to SA every month to pay off debt and to pay off my house in the Western Cape. Will there be

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filing season dates

When is the first tax return date and when is the closing date? Tax filing season for 2016/2017 (i.e. 1 March 2016 - 28 Feb 2017) opens 1 July 2016 and clo

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How much will my PAYE be and am I due for a tax refund?

I earn 12000 a month which calculates to 124 000 per year. What is my total taxes and what is the amount of my tax return if I am eligible for a tax return pa

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Tax paying Freelance Artist / Independent Contractor

I am a freelance artist, I want to work fulltime for myself, but can't be certain how much I will make or whether I would make any money at all. I am married

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I would like to know how can I get my tax refund

I would like to know if it is possible that I can be able to get a tax refund after retrenchment. It is possible yes, did you lose your job during the ye

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Tax refund on retail slips

How much tax refund would I get if I submit retail slips amounting to R10 000? You do not receive a tax refund on personal purchases.

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How is online income in foreign currencies taxed locally?

Hi. I'd like to know how online generated income is taxed. I am a South African resident currently in the process of generating income in foreign currencies (

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PAYE on Road Accident Fund pay outs

One of our employees who earns approximately R57000 a year has received a pay out from the Road Accident Fund of R217657 for an accident he was involved in. H

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Selling an asset what is the capital gain tax implication

Selling a property that we live in Please make use of our Capital Gains Tax Calculator

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