Tax Q&A
Apply RA tax deductible to provisional tax payment or get a refund after the final tax submission
I am a provisional tax payer and contributing the maximum allowed deductible to an RA (15% of non-retirement funding income). I would like to know whether I c
Read moreFamily gifts less than R100 000
Hi there! I've read your post about family gifts of money and I just want to confirm: If my father gives me less than R5000 per month as per a family agreement
Read moreChairperson tax explained
Please explain the following to me: 1. The taxation of non-executive chairpersons of small companies earning a monthly amount in directors (Chairperson) fees.
Read moreWhat tax is payable on overtime and standby?
How much tax must be paid on standby and overtime? It would be added to your overall income and then you would be taxed as per the SARS tables.
Read moreWhere to disclose SASSA income on tax return?
I receive a disability state pension from SASSA as well as another small monthly annuity. Do I have to put the SASSA income onto my tax return? And if so what
Read moreAre there separate tax tables for commission earners?
I would like to understand and know how tax is calculated on commission earned. In other words it is taxed seperately from the gross income. No, all incom
Read moreShould I provide SARS with an affidavit if the requested documentation is unavailable?
My previous employer refuses to provide me with my 2013 IRP5, which resulted into me paying an penalty amount. I was told that I should provide SARS with an s
Read moreCellphone expenditure deduction code
I receive a monthly cellphone allowance. Under what code do I deduct the actual expenditure on my tax return on SARS eFiling? The "other" category has not his
Read moreBusiness travel claims with no travel allowance
How does one go about claiming a vehicle that I use 70% for business and 30% private. I have a detailed log book and do about 18,000km business travel/year bu
Read moreCan I deduct my Gautrain tickets from my tax
Can I deduct my Gautrain tickets from my tax Are you self-employed or a salaried employee? I am employed full time - with monthly salary Is this for
Read morePounds or Rands?
Not exactly tax related but worth a shot... I work in South Africa for an online retail company that ship from the UK to all over the world. The company earns
Read moreMedical rebates when without medical aid scheme.
Provisional tax payer. Over 75. No med aid. What can I claim for medical expenses? Only "qualifying medical expenditure" can be claimed. That is to say an
Read moreReimbursive travel
For the 2015 year of assessment, my employer re-reimbursed me for travel. They paid me at the official SARS rate of R3. 30 per km, I traveled 6,691. 52 kms, i
Read moreTax for multiple income
How will I be taxed on my income if I have two jobs with two different companies? My second job will only be part time for - 6 months. All your income wi
Read moreWhere in the ITR12 can I claim toll fees paid on business trip if I don't use actual costs.
I have incurred toll fees while on travelling on business trips to clients. My employer does not reimburse this fees I incurred citing that I should cover the
Read moreClient receives pension from GEPF at the age of 53 yrs. client resigned from work as a educator
What tax is a person subjected to if he resigns from work and receives his pension prior to retirement age. Please make use of Lump sum calculator to wor
Read moreTaxes to be paid after increase and backpay have been worked out
I have a very basic question, but cannot wrap my head around it. I pay the admin ladies' salaries (for about last year). They got an increase, but I need to b
Read moreHow much I pay as small business.my year turnover is R800000
Small business tax return You will pay tax on your net profit (i.e. income less business related expenses) at 28% unless you qualify as a Small Business Co
Read moreShould the tax rebate be pro-rated for foreigners starting to work in SA (not immigrating)
I foreigners start to work in South Africa & earn South African source income, say, from February 2016. Will they receive their entire tax rebate for 2016 bas
Read moreRequest for documentation for RFC
I filed my tax return and it was selected for verification. I then submitted the documents for review and noticed that I had made a mistake on my tax return.
Read moreITSA requested shows a refund, will I get a refund?
My SARS status is tax return assessed, and my SARS eFiling status correction filed. Therefore I requested a ITSA on 02. 02. 16, which shows a refund, but also
Read moreMeaning of medical tax credits and medical fringe benefit?
Tim! Please advise on these 2 things :I am a teacher, this month (january 2016) payslip reflects the following;1)I have 2415. 00 under medical fringe benefit
Read moreCapital gains tax on primary resident
What is the Capital Gains Tax amount if you bought a house in 1991 for R100000 (approx. ) and sold it in 2015 for R1. 9m. If you sold your primary residen
Read moreWhat if my salary increases significantly?
If I earned a significantly lower salary for the first half of the tax year and then a significantly higher salary for the second half of the year under PAYE,
Read moreTax on UK state pensions
I am a permanent SA resident over 70 years old. I get a small UK state pension that is paid into a bank account in the UK where it accrues. Can I transfer an
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