Tax Q&A
What is the tax on my incentive bonus?
I am going to get R2,400 of incentive bonus and I want to know how much tax is going to be deducted from it. What is your monthly salary? Is R11,868 t
Read moreI have received an ITA88 - what can I do?
Hi, I earn under R125,000 a year. I have not filed my tax returns for the past 4 years - recently a huge amount was deducted from my salary (SARS ITA 88) what
Read moreTax rebate for medical aid when not the main member
I currently am paying medical aid for myself, wife and child however I am not the main member, it is my wife, I currently deposit funds into her account for t
Read moreCompany tax returns
How do I calculate my companies tax returns. My company has never worked but it was registered in 2012. Now I need to know what should I do to calculate and g
Read moreTax relief for Medical Aid
I only realised this month (March) that I was due a tax (PAYE) relief due to a Medical Aid Fund, which was initiated in July last year. Would it be possible t
Read moreCertified/Official Proof of Income
I have applied for financing and as part of the required documentation, I have been asked for certified proof of income in addition to my bank statements (I a
Read moreDo you get taxed more on the second time you withdraw from a provident fund? Resignation.
Do you get taxed more on the second time you withdraw from a provident fund? Resignation. You will be taxed per the special tax tables for retirement lump
Read moreBusiness mileage for off site visits
Can I claim business mileage from home to another site (belonging to the company) which is not my normal place of work? If you are a salaried employee, you
Read moreMedical rebate calculation not done unless claims exceed 7.5% of taxable income?
Would it be correct to assume it is not worth doing the calculation for medical rebate if the amount paid out of your own pocket for medical services is less
Read moreTax number for checks
I recently had to give my tax number to a rental agent/landlord for a lease application. Does this mean they could gain access to my tax records if they have
Read morePAYE for 1 and half months -R7000 and R14000
I started a new job on the 15 February 2016. I got paid R7000 and the tax on that was R156. This month I get paid for a full month R14000. What will be the ta
Read moreCan I apply for a tax number when I'm using an asylum?
I'm a Zimbabwean citizen using an asylum can I apply for a Tax number? You would need to visit a SARS branch with all your documentation including your
Read moreRefund after audit has been completed.
After an audit, received additional assessment (not selected for audit) and requested a statement and SARS owes, how long does a refund take to hit my bank ac
Read moreWhat are business related expenses if you are a bookkeeper working from home?
What are business related expenses if you are a bookkeeper working for several clients from home? These would be any expenses incurred to generate your inc
Read moreTax on Employee and Employer Retirement Fund Contributions
Regarding the new tax law on Employee contributions to retirement funds, is it correct to say that from the 1 March the employee portion of 7,5% and the emplo
Read moreI owe SARS money I can't afford
I am unemployed at the moment and am the sole breadwinner in the household. I owe SARS money but due to financial constraints, money is extremely tight. I se
Read moreTax deduction on bonus
What percentage is taken from my incentive bonus of every three months. Your bonus will be added to your normal salary and taxed using the same tax tables
Read moreCalculate my tax when I fund my own retirement annuity and the company pays half my Provident fund
How can you calculate your tax when you have a voluntry retirement annuity and a compulsary Provident fund You must add up all your retirement contribution
Read moreWhose details go onto section 5 and 6 of CRA01 form?
On the CRA01 form, whose details go onto section 5 and 6 of the form? Mine or companies details? I am asking because this is a confirmation for business adres
Read moreCan a non-South African passport holder register for efiling?
Can a non-south African passport holder register for SARS eFiling? Yes you can using your foreign passport number.
Read moreCan SARS pay into a call account?
I am emigrating and have gone to SARS to change my banking details. The new account is a call account which I am using to transfer my money overseas. SARS hav
Read moreHow do I submit nil returns?
How do I submit a nil tax return to SARS? I lived in Qatar for 6 years and need to submit tax returns for that time. Please read our blog on How to submi
Read moreSmall business related tax
I run a very small business from home. I have paid an accountant to do my financial statements for the 2015 financial year. Is there perhaps a online tutorial
Read moreHow to calculate total for 4150
How to calculate total in source code 4150 when completing IT3 a certificate This is a reason code for why tax is not deducted. If it is because the earni
Read moreEmploying a relative
I pay provisional tax and have 2 contractors to whom I pay FEES (commission) on sales leads that they generate for me. My question is: I wish to use the serv
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