Tax Q&A
Deleting banking details
I've submitted my tax return and I'm due a refund, without any audit done. However, SARS said I need to delete two of my three banking details as they wouldn'
Read moreTravel Allowance Claim
I get a travel allowance, but I use my wife's vehicle for business purposesas we work together. Can I claim travel expenses? You can still claim for the tr
Read moreHow does it work when you worked 2 post in the same fiancial period
I have been working as an intern at George Municipality from 1 March to 31 December 2016 and on the 1st of January 2017 I got a permanent post,i received 2 IR
Read moreCan I claim medical aid premium costs
Can I claim for the medical premium that I pay for my parents? We help them financially with medical aid and other costs on a monthly basis. They are not dep
Read moreIndemnity insurance tax deduction claim
Can a pharmacist working for the government claim as a tax expense professional indemnity insurance? My income source codes on my IRP5s are 3601 and 3605.
Read moreRental Income and bank charges
Good day Tim, Are bank costs allowed to be deducted against rental income. Also what is teh limit here - the FICA rate is R59pm fee, but some banks include it
Read moreDepreciation on a cellphone
I have a pay as you go cellphone that I bought cash. Thus I unfortunately do not have monthly statements to determine an exact break between business and pers
Read moreWhen you pay an RA directly
I personally paid money into a retirement annuity fund, and not via my employer - where do put this in my tax return please? You would add it in the Retir
Read moreMedical contributions claim by dependent
My husband and I are both on a medical aid where he is classified as being the main member, and myself as number 2. Whilst our monthly contributions are take
Read moreBond repayment tax deductible?
Does my monthly bond payment qualify as a expense against my rental property? Currently my rental income is R6500pm and my bond payment, including rates, taxe
Read morePaying a medical aid where you are not the main member
I pay the medical aid contributions for my mother-in-law and her mother who are financially dependent on me. They are the main members, but I pay the premium.
Read moreHow does medical dependents work?
I have myself and my 4 children and my wife on the medical aid, do I say that my medical dependents are 5 or do I include myself and state that I have 6? Y
Read moreClaim travel without a logbook
I have source code 3802 on my IRP5 but I did not keep a logbook, can i claim for the perks tax paid via source code 3802 if I don't have a logbook? Unfort
Read morePackage for a commission and salary earner
If I earn commission and a salary as an employee, which package should I select, Ultra or Smart? I also have a travel allowance and a medical aid contribution
Read moreClaim electricity and rates
Can I claim electricity in full and the rates too? I don't live there, but there are tenants who d, but I pay the electricity, rates and water. Yes, you
Read moreLeased company use and tax
I don't receive a travel allowance, but I'm on a company vehicle lease scheme. It assumes I receive fuel, which I don't. I also do business mileage and I have
Read moreShould I file if I'm unemployed?
I'm currently not working do I still need to file my tax returns? You should always file a tax return in order to stay compliant with SARS, in case they
Read moreProvisional Tax on property sold
I sold property in March 2017 and it's an income earning property. Do I need to prepare a provisional tax return in August? Will I just include profits on the
Read moreMaintance plan of pvt car
Can I claim maintenance on a plan for my car (I do make use of the car for work purposes)?This query relates to question 4437 "Please enter the amount spent o
Read moreEarning dollars as a freelancer
I've been working as a freelancer (part-time) for the past year and I've been earning money in dollars. How will this affect my tax return? I also work as a f
Read moreUIF on maternity leave
How do I declare Maternity UIF payments and the dates off work during the leave? UIF payments are not taxable nor do they need to be put on your Tax Return
Read moreSource Code Changes
My IRP5 only shows code 3699 and not 3697 & 3698 anymore. Yes, that is the new source code for tax year 2017.
Read moreCommission earner and IRP5
I'm a commission earner. I joined a company in January and I didn't earn any commission from January to 28 February. My previous IRP5 shows me working at that
Read moreTax Consultations
I'd like to schedule a once off session to discuss my tax status change. I've left employment and started working as a sole proprietor. I just need to know wh
Read moreDirectors of company with no IRP5's
My wife and I are directors of our company. We have not paid ourselves a salary as such, but took money against a loan account during the year. We are provisi
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