Tax Q&A

Documents for SARS

Hi Tim,yesterday I downloaded documents for SARS to the site. I just wanted to find out whether they have been submitted. ThanksDeano Yes they have been su

answers

Stipend and Capital Gains Tax for student studying abroad

I am a South African citizen who used to work in SA (tax registered), but have been studying full time in the UK since February 2015, being paid a monthly sti

answers

Do you submit my tax return automatically once done to SARS?

I have just completed my tax return with TaxTim's help and I've paid via EFT. Will my tax returns be automatically submitted to SARS? What is the process now?

answers

Deductions for 3713 motor vehicle allowance

I receive a car allowance listed under code 3713 on my IRP5 in addition to my reimbursive travel claim, listed as 3702. Can I claim any deductions against the

answers

Part-time home studies tax rebate for bond/rental?

Which section of the Income Tax Act allows one to claim a deduction for bonds/rent if one is studying part-time from home? Unfortunately you cannot claim r

answers

How to calculate deductions for a director who does not draw a salary every month

I am doing basic bookkeeping functions for a company. The director has never drawn a salary but intends to do so for the next 2 months at R50000 per month. Ho

answers

Supporting documents for capital gains

I just got notified that you submitted a revised ITR12 which records the primary residence exclusion of R2000 000. The new ITA34 I received now reflects an am

answers

How to treat PAYE for a post doctorate student

Will a person busy with a post doctorate receive any tax breaks or will they have to pay PAYE based on the monthly "salary" received as normal? Unfortunate

answers

How do I get an IT150

I have been out of South Africa since April 2011. I have been paying tax in Namibia and have a certificate of good conduct from the tax authority. I have now

answers

How much should I be taxed?

I am employed as an independent contractor working 6 hours a week for R5625 monthly before tax. I only work 8 months of the year and have been told by law I s

answers

Requests for documents

I submitted my forms and got asked to submit some documents, which I did, but I'm not sure I did it correctly, as I haven't gotten any feedback after the firs

answers

No tax certificate for medical insurance

Hi Tim. We don't have a medical aid, we have a medical insurance. They don't provide Tax Certificates. Can we still use the monthly deductions as medical exp

answers

Due date for ITR12 as a Provisional Taxpayer?

Have submitted my two Provisional Tax tax returns for this year already, and still need to submit my ITR12. When is that due? It's the first time I'm doing it

answers

Foreign income in Cayman Islands

I will be working in the Cayman Islands for 2 years. This is a tax free jurisdiction. I just wanted to ask what the tax implications would be in my tax return

answers

Should a freelance scriptwriter working from home pay tax as an individual or as a sole proprietor?

Should a freelance scriptwriter working from home pay tax as an individual or as a sole proprietor? Do any of your clients withhold PAYE and issue you wi

answers

Can I claim private or official used km

Income source code 3802 can I claim private or official km You can never claim private travel on your Tax Return. You can claim business km's provided you

answers

Is a sole proprietor a business?

If I earn income as a sole proprietor for doing admin and accounting work am I considered to be running a business? Yes, you would be considered to be runn

answers

How do I account for various line items in IT3b Discovery investment certificate?

I receive two tax certificates from Discovery for the same investment product. One is an IT3b, the other an IT3c. While the IT3c shows a source code of 4250,

answers

Resigned how to get refund from SARS?

I resigned from work,how do I know I am eligible for return from SARS You need to complete a Tax Return to see if you have overpaid tax to SARS for the yea

answers

Sale of primary residence

My question relates to the sale of my primary residence in 2014 that I owned with my former spouse. We sold it upon divorce and shared the proceeds 50/50 afte

answers

Need my tax number please?

I need to get my tax number from SARS? Please read our blog below on How to get a SARS tax number

answers

Is it Mandatory to File the Tax if Taxable Income is below R350,000 ???

My Employer issued me the IRP5 and my total Taxable amount is about R96,000 for 12 month period. SARS published that the individuals who earn less than 350

answers

Code on IRP5 for housing subsidy

Housing subsidy - Code on IRP5. Don't know if it is code 3601 3601 is for normal salary3713 "other allowances" could be used for a housing subsidy

answers

Notice from SARS

Good day, SARS sent me a notice for an additional assessment on my SARS eFiling; what does this mean and what should I do? This is for my 2015 tax return that

answers

How much tax do you pay if you get a pro-rata bonus?

If you get a pro-rata bonus how much tax will you pay? It will be added to your salary for that month and then that total will be subject to the tax tables

Page 92 of 317

Showing 2276–2300 of 7902 articles