Tax Q&A

UK property income disclosure

I am due to become a SA tax resident in the next tax year if I stay (not my intention to stay, but may become a SA tax resident due to physical presence test)

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If I get my home loan to run off as part of my payroll would my tax be lower ?

If I get my home loan to run off as part of my payroll would my tax be lower? Unfortunately not, this is still a personal expense.

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Payment to spouses for admin work

I am self employed and work from home. My wife helps me with admin part time. Am I able to pay her a reasonable market fee and deduct this from my income. My

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Compulsary registration

When did everyone have to register for tax, regardless of their income? All employers have to register their employees for tax (even if below the tax thres

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Gift tax on a amount received in January plus an additional amount of R330,000 coming in march

I have already received a money gift from my sister in the uk for R70,000 this year. She now wants to send an additional R330,000 in order for us to move to a

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PAYE for employee with 2 employers

I am sharing a secretary between me and a colleague. We are working in the same office. We pay her a total of R8000 p. M (R4000 each). Obviously PAYE should b

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UIF deduction from Salary

On what amount do you calculate UIF deduction? On the gross salary amount? And would this calculation include overtime compensation or is the UIF deduction st

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R366 364.00 per annum TTC and my pension will be at 10 percent, what will my net be

If a company offers me R366 364. 00 per annum TTC and my pension will be at 10 percent, what will my net salary be? No medical aid deductions applicable Pl

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Tax Free savings accounts for married couples who are both provisional tax payers

Hi, My wife and I are married in community of property and are both provisional taxpayers. My wife does not work and I am retired. Our income comes from inves

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Individual or provisional tax?

I'm working as a financial adviser,I earn on commission,which form should I fill in Individual or Provisional tax? Are you self-employed, or do you work fo

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Query re first time tax for new small unregistered business

I left a permanent job and started a freelance design business in July 2015. My Personal income tax for last year is up to date. I need to start paying tax on

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Audit income statement

The SARS auditor is asking for an income statement to explain why I have a lose of R16 000. This I assume was from my car travel expenses. Why are they asking

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Do I need to register as a provisional taxpayer?

I am permanently employed but have recently started a different business on the side as a sole proprietor ( but the "Company" has its own bank account). Pleas

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IRP6 wrong period

Good day, I mistakenly requested an IRP6 for the wrong period, how can I "undo" that? You don't need to undo it - it will just sit there and you ca

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Is it an expense of must it be depreciated?

I am quite confused and google doesn't help. I am a freelancer and I work from home. I have a dedicated office therefore I deduct my business expenses. I rece

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All pay user have a tax number

Can all pay people have a taxnumber Yes anyone who works and earns an income needs to apply for a tax number.

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What return must I submit?

I owned a business for portion of the year and made drawings from the business. Then I leased out my business for the remainder of the year and received renta

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Does tax threshold still apply to me at age 78. I understood that I shouldnt pay tax at all

Thanks for helping with my tax return! I expected to get a bigger refund. I am 78 and understood that any tax paid would be refunded in full, but am told the

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How do I register tax for a sole trader business as well as a salary?

I earn a salary of R10 000. 00, My employer submits the paye. I have started a business sole trader in August 2015. Can I register for the business on my curr

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What tax is payable a lump sum withdrawl on pesreve policy

I have two preserve policies with liberty which have matured. I want to take the total out as a lump sum. What tax will I pay the values are R 452027 650610

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Clarity around donation tax on the side of the donee not donor.

I registered and wanted to buy one of your packages in order to ask more questions but not sure what to buy. Don't need you to do anything yet because I have

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Get tax up to date with SARS?

I have not submitted my tax for one period and the next to come. I was fully employed and now freelance. I'd like to get my tax up to date the most affordable

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Does receiving a car allowance when l have a car bought cash have impacts on my tax?

I bought a car cash before getting my current job. I receive a car allowance at my current job and am not willing to change my car anytime soon. Is that an is

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Tax on Life Insurance savings benefit pay out

I have a life insurance policy which I need to cancel. The policy includes a savings benefit which will be paid out to me upon cancellation. Will I pay tax on

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So I can find my existing tax number via contact?

So I can find My existing tax number via contact? Please read our blog on How to get a SARS tax number

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