Tax Q&A

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Do I get a Tax Refund if I change jobs?

I heard somewhere that if I changed jobs this year or worked for less than 12 months then I might get a tax refund back from SARS. Is this true? If so, can you

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Closing date for tax returns to be filed with SARS?

When is the closing date for tax return? 21 November 2014 for non-provisional taxpayers.

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Travel allowance?

If you have a travel remibursement recorded under code 3702 by your employee do you record that as a travel allowance? No you do not, it is a travel reimbur

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Tax on Forex withdrawals

I am 21 years old and I have recently started Trading on the Forex Market to try and help finance my studies. I've been trained very well and am doing pretty we

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My spouse and 2 sons are at university, can I claim for student fees?

My spouse and 2 sons are at university, can I claim for student fees? Unfortunately not, these are personal expenses.

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Am I registered with SARS for an income tax number?

I would like to know if I'm registered with SARS? Please call 0800 00 7277 to find out.

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Claim Unpaid tax returns from SARS?

Will SARS ever pay out my unpaid tax returns. SARS should hold records of my annual tax deductions from my various employment. So how should I claim for what i

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claiming rental expenses against bond (residential)

Hello Tim,I came across this and would like some advice on whether or not it means I shouldn't claim rental expenses for the space I use for office purpose

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Do I submit an IRP6 for the sale of a primary property if there is no Cap Gains Tax payable?

On 3rd October 2014, I received proceeds from the sale of my primary residence. By my calculations, no capital tax is payable. I am registered as a provisional

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Do I get 2009 tax return?

Do people get tax return from previous years? Some do, if the taxes they paid are greater than what they owed.

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Can I see on the calculation if they going to audit me?

If I do my tax and ask to calculate before I submit it will it show me on the calculation if I they going to audit me? No unfortunately it will not, you wil

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Can a special needs learning centre be run in the form of a special trust created for the benefit of

can a special needs learning centre be run in the form of a special trust created for the benefit of an autistic child? Yes it can, you should consult Trust

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Help for a non-resident of South Africa fill in tax returns?

I am a non-resident of South Africa because I have been living and working in the UK for the past 2.5 years. I had gotten some (bad!) advice from someone that s

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Tax on pension payout?

I'm expecting a pension payout of R423 970.07. How much tax will I pay on this amount? Please make use of our Lump sum calculator to determine the taxes pa

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In serious need of help and advice please

Hi,My previous employer failed to submit my IRP5 in time. I was only issued (after a few months of begging) with a copy of my IRP5. This I sent to my Tax Prac

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UIF reference number and IRP5 for employee under threshold

1. Do I need to create an IRP5 certificate for an empoyee that earns under the threshold?2. I am registered for PAYE - and was told I will be automatically regi

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is parking fines included in the calculation of travel allowance

do we include parking fines in the calculation of a traveling allowance No parking fines do not get added anywhere.

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Should you subtract VAT when calculating business expenses?

I am a non-VAT registered, sole proprietor. When I deduct business expenses i.e. office equipment, phone costs etc. from my income to determine taxable income f

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Does your employer register you for a tax number if you don't have one?

If u have never been employed and don't have a tax number does your employer register you or do you have to do it yourself? Your employer can register you or

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Tax question?

Hello there, I recently sold my house and invested the money in interest bearing acc. I have now moved to the Uk. I needed to get tax registered to sell my ho

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What are the different payment options on TaxTim?

explain for me TimLite, TimSmart, TimUltra what is it and the different? I am now stuck on that field If you view our Pricing Page you will see all three opt

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Total not clear about supporting doc

I tried filling my return on SARS eFiling guess what I got audited, they are asking me of supporting documents the problem is I really do not know how to make t

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How do we treat annual exclusion when the taxpayer has made a Capital Loss?

CGT QUESTIONÏs the taxpayer entitled to annual exclusion if they made a Capital Loss? If Yes, what does the exclusion do to that loss (reduce or increase) ?

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Can I claim income protection premiums paid by my employer on my behalf?

My employer pays income protection premiums on my behalf. Can I still claim this as a deduction on my tax return? Yes, you need to put this amount under the s

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Newbie at efiling and not sure what all status, ITSA and ITA34 meaning are. Have I been audited?

Hi There,I just filled by 2014 tax returned through eFiling and got an email from SARS stating I have a notification that needs by attention. This was regarding

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