Tax Q&A
Cell Phone Expenses as a tax deduction?
On my IRP5 for 2014, my commission (code 3606) is more than double my actual salary (code 3601). If this is the case, may I claim for any costs incurred for cel
Read moreITR12 option not available
My SARS eFile does not have ITR12 option under my "Returns Issued"...it only has "Provisional Tax (IRP6)". What should I do? You need to
Read moreElectronic refund and reversal on my ITSA from SARS?
My ITSA for 2014 shows an electronic refund then a reversal. And I submitted my return on the 1st of July and still haven't received my refund. What does this m
Read moreTax calculation on R850 000
How much tax will I pay on R850 000 say if I resign end of this year Please make use of our lump sum calculator to work out the taxable portion.
Read moreStatement of Local Assets and Liabilities (SOALA01) on personal tax return?
My personal tax return is asking me to fill out a Statement of Local Assets and Liabilities (SOALA01).Why am I been asked to do this? How can I get it away? I w
Read moreOffice Expenses Disallowed?
I have submitted my tax return and submitted the supporting documentation after a request to do so for an assessment/audit. I have received the outcome of the
Read moreCan I redo my tax return after submission?
Can I resubmit my tax return after I eFiled? I am not happy with the figure? Yes, you can request a correction on the eFiling income tax working page, howeve
Read moreI am permanently blind in one eye, will I be classified as being disabled for income tax purposes?
I am permanently blind in one eye, will I be classified as being disabled for income tax purposes? Yes you will be, but you need to get your doctor to comple
Read moreMedical Aid deduction not calculating on eFiling?
I pay my medical aid out of my own pocket every month and I have 3 dependents. When I fill out my medical aid on my e-filing section (4040 and 4020), the tax ca
Read moreOffshore money received from my brother for me to buy property in RSA.
Hi Tim..i received R500 000 from my brother in Australia (he is an Australian Citizen) so for him that was like only 50 000 Aus dollars to help me get a deposit
Read moreHow do I claim medical aid contributions made after being taxed?
I have made medical aid contribution from own pocket after being taxed, how do I claim that back from the tax man? You would need to complete the tax return
Read moreCommission only and use my car for work, what are the income tax implications?
I earn commission only and I use my car to do business, how do I submit my ITR12 return to SARS? Do you keep a logbook? Yes I did You need to add up al
Read moreSchedule of depreciation
I am a 100% commission earner and was requested by SARS to to forward a schedule of depreciation for my vehicle depreciation claim, I forwarded my calculation f
Read moreregistered as a tax practitioner?
Is TaxTim registered as a tax Practitioner? how do I know I am dealing with a legitimate consultant? Our tax director is a registered tax practitioner and Ch
Read moreWhen does SARS pay the refunds in 2014, is it still within days like the years before?
I submitted my 2014 SARS returns on the 5th of July 2014. I got an SMS from SARS this morning (07/07/14) which says my first payment (refund) will be on the 1 of
Read moreRegistration of 2nd vechile
how do I register a second vehicle? We sold one and bought a new one in January? Is this for tax purposes? Do you receive a travel allowance? Morning, ye
Read moreChange SA address to overseas address
I live overseas and need to change my address. I am not registered for eFiling and I wont be going to SA till next year. Can I do this online without having t
Read moreTax on interest when abroad
Regarding the residency question - If you earn interest(South African source) with no other income, spend more than 183 days out of the country, will that inter
Read moreInternship Tax
If I interned for 2 weeks and paid tax but got paid less than R67K, can I claim the tax back? Yes, you can submit a return and you will receive a refund of t
Read moreBenefit of Medical Tax credit for foreign medical policies ?
I am a foreign national, working in South Africa on basis of a work permit. I am paying medical insurance premium in my home country. Can I take the benefit of
Read moreCompany car, claim back business kms at end of month where do I put it in on my tax return?
If I drive a company car and claim my kms travelled for business back at end of the month where do I put that in on my tax return? You need to say yes to the
Read moreReviewing assessment
I got this message on my eFiling profile. Can you please tell me what it means? Please note that your return cannot be processed as SARS is currently reviewing y
Read moreCan renovation costs be considered maintnance costs?
I use my home as a home office and to this end, claim office expenses (15% of household expenses such as levies, electricity, insurance etc). I did some major
Read moreDo I need 2 tax numbers 1 for my business and 1 for myself?
I am unemployed and would like to start a small business. I am planing to open a business bank account under (CT Plumbing). Sole Priority. 1.) Do I have to get
Read moreTax claims
I would like to know if it is possible to claim back on transfer and bond registration fees when we bought a house in 2014 tax year? Is this for your home?
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