Tax Q&A
Would a refund from SARS form part of your taxable income?
Is a Tax Refund Taxable? No a tax refund is not taxable, it is a return of your money which you overpaid to SARS. Thank you so much, This was very helpfu
Read moreDo foreign nationals working fulltime with part-time work declare tax for monies paid?
I am a foreign national on a work permit currently permanently employed and also want to start free-lancing/consultation work. I have had calls from companies/b
Read moreDo I need a log book for a sole proprietor
Hi Tim, I am a sole proprietor and have a question about deducting my vehicle and petrol for business use. Currently I am deducting 70% of my vehicles monthly i
Read moreAudit complete, still no refund from SARS?
I filed my return on 07/01/2015. I received no communication from sars until 02/02/2015 informing me I was selected for an audit. I submitted all required docum
Read moreWhy am I being taxed on an amount lower than the tax earning threshold?
If I earn R5500 am I suppose to be taxed and am a temp? You should not be taxed no, however if you are working on a contract basis some companies take off 25
Read moreHow to ask for an extension of the time to submit our return?
We are a Partnership traveling Southern Africa for our business. We traveled and had a lot of vehicle problems and due to that, we cannot finish our tax returns
Read moreCan I claim for feeding stray animals and taking them to the vet etc.
I spend at least R2,5k a month feeding feral cats. I have all the invoices from the vet. Can I claim for this? Unfortunately not, this would be seen as a per
Read moreI am 65 can I claim all my medical contributions from SARS?
I am 65 can I claim all my medical contributions from SARS for tax purposes? Please have a look at our article on Medical Tax Credits to understand how the
Read moreHow do I pay tax if I receive money from multiple employers at variable amounts each month?
How do I work out how much Tax I need to pay if I receive an income from four different employers and three of them are variable amounts each month? Please
Read moreDo I qualify for a tax refund?
I find your blog interesting and helpful and I believe you can help clear out the confusion that I have. I started working from 1 May 2014 as a temporary employ
Read moreRole of SARS in NGO's
What is the role of SARS in non-profit organisation? They act as the tax collector in the event of you not qualifying as tax exempt as well as are the body
Read moreCan education/training/online training be claimed from tax if you're self employed?
Can education/training/online training be claimed from tax if you're self employed? Yes, training course can be used as a deduction, however big items l
Read moreDO I have to pay PAYE and do SARS give money back?
I earn R107000p/a should I pay tax and how much, I hear people say that one can file a request to get their tax money from SARS, please illuminate as I'm really
Read morePenalty fee for late payment of tax?
Please explain what charges are laid against someone for paying tax late? You can be penalised R250 or more per month for each month the return is outstandin
Read moreVerification of tax
I earn a gross salary of R11500 per month and the company deducts R1400 for tax. But according to SARS online I should be paying R1006 for tax. How can I be sur
Read moreBackdated tax from SARS?
Can a person claim for years before 2013? Yes they can if they have not submitted their income tax returns yet for those periods.
Read moreClaim without medical aid?
Can I claim back on my medical expense for myself and my two kids, even if I dont have a medical aid. ? Yes, you would include the out of pocket expenses on
Read moreI travel from home to different sites by the company vehicle, how to account for private kilos?
I travel from home to different sites by the company vehicle, how to account for private kilos? You would only include the business km's from the office to t
Read moreTax query on bonuses?
On a 13th cheque how much PAYE does one have to pay. Under 65, monthly salary, UIF,no other deductions Either you would add this to your final salary and use
Read moreWhat period does the IRP6 submission, that is due on 27 February 2015, cover?
What period does the IRP6 submission, that is due on 27 February 2015, cover? Is this from 1 March 2014 until 30 June 2014? This the period 1 March 2014 - 28
Read moreImportant tax enquiry?
I bought land and built a rental house. I have upfront fees which appear on the pro Forma account of the transferring lawyers. Such expenses are :Registration
Read moreWhat are the next steps after registering an NPC with CIPC and SARS?
We have just registered an NPC. . . . Do we need a tax clearance certificate, BEE Certificate, Income Tax Registration and VAT registration or in other words wh
Read moreWhat are the tax implications of transferring shares without selling them?
If one were to transfer shares in a listed company from person (a) to person (b) without selling them is the only tax implication the STT (securities transfer t
Read moreHow to register student, doing part time modelling, with SARS
My daughter has started a part time modelling career. She is 15 years old and still in school. Do I register her as a normal individual tax payer with SARS, she
Read moreClaiming for Petrol from SARS?
I have a full time job as a Sales Executive. I use my own vehicle for work, and keep a logbook. I then claim S&T from my work and get paid the month there a
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