Tax Q&A

answers

When do I file return?

Hi, I'm trying to figure out when I need to submit my first tax return. I moved to South Africa on 30th January 2015 and started working on 9th February 2015.

Read more
answers

Foreign income

I am resident in SA for tax purposes I am working in Mozambique and paying 20% tax for non residents. I will be out SA in excess of 183 days. Is this income e

Read more
answers

Retrenchment tax & notice pay

If your retrenchment package is notice pay that you are required to work out, is it eligible for a tax directive? or is this only applicable to severance of e

Read more
answers

Refund after how long

How does it take to receive your refund after you submitted your proof of residents and 3 months bank statement? It can take 60 days for SARS to process yo

Read more
answers

Refund from SARS confirmed but not paid yet. How does SARS calculate refund on med expenses?

I submitted my tax return through SARS eFiling on 20/11/2015 and it was confirmed that I am entitled to a refund but has not been paid yet. I only claimed for

Read more
answers

Resignation benefit

If I resign from my current employer would I be able to withdraw my pension. I do understand that there are tax implications. Thanks Please make use of our

Read more
answers

SARS - my bank account detail change

I need to change my bank account details with SARS. I work in PTA and live in PE. I went to SARS PE and they saidf I would be in a 4 to 5 hour queue before I

Read more
answers

Gross income is R8000 how much would I get as my net after tax

How much would I get as my net income if my gross income is R8000p/m? Please make use of our SARS income tax calculator

Read more
answers

PAYE vs Provisional Tax

I have a permanent job which caters for roughly 65% (660k) of my total gross income the other 35% (335k) is obtained by a business I run. Should I apply for p

Read more
answers

How much do I get taxed when I get paid R9000 p/m

How much would I be taxed if I get R9000 a month? Please make use of our SARS income tax calculator to work out tax on a R9,000 per month salary. Please not

Read more
answers

Do I pay SARS if money is in Overseas bank account?

I just became a citizen of India. I work online. Payment is received via PayPal. So I do not have a South African employer. If I open an Indian bank account a

Read more
answers

How long does a SARS audit take?

My documents were accepted on the 1st of February. I was told that I needed to submit additional documents. I did as of the 26th of February. How much longer

Read more
answers

How much income tax do I pay on R5000?

How much tax will I pay on my salary of R5000? There will be no tax on a monthly earning of R5000.

Read more
answers

SARS overpaid me - what can I do now?

SARS overpaid me several years ago as part of a bigger payment. I only became aware of this when I went to file the following year and was informed that I owe

Read more
answers

What is the tax rate for pensioners above 72 years with a pension income of R 200 000 per annum?

My mother is a pensioner with a pension income of R 200 000 per annum. Is she supposed to pay tax on pension money? Yes she will be paying tax, please make

Read more
answers

Tax payable on GEPF resignation.

If I resign from GEPF what is the tax on R2100000? I started contributing in 1984 for 32 years. Please make use of our Lump sum calculator to work out wha

Read more
answers

Is SARS using delay tactics to pay out money?

I was notified that my assessment was complete and SARS owed me money. 60 working days after the claim, I have been asked for the same supporting documentati

Read more
answers

How much tax I must pay?

I earn R6,188. 80 per month, so I would like to know how much tax money I must pay? Please make use of our SARS income tax calculator to work out how much

Read more
answers

What deductions are allowable against the proceeds for CGT calculation?

I need to use the 20% of proceeds method to do my CGT calculation. What are the allowable deductions that I can deduct from the proceeds? You would be able

Read more
answers

Tax refund delay

It's been three to four weeks I submitted my tax returns and promised I'll get my refund but nothing to this day. You need to call 0800 00 7277 to find o

Read more
answers

Pricing

Good day. I would like to know how the pricing works? Is it a once off fee for unlimited tax returns? Or is the pricing based on a single tax return? The

Read more
answers

New PTY (LTD)

We have recently started a business which has been registered as a PTY. We will be needing tax advice from time to time. Is Ask Tim suitable or should we look

Read more
answers

Am receiving a divorce pension settlement of R 200,000.00, what tax will be payable on this?

I am receiving a divorce pension settlement of R 200,000. 00, what tax will be payable on this? It will be taxed according to the lumpsum tables - use our

Read more
answers

What is an IRP5 and what documents do I need to submit a tax return?

What is an IRP5? I worked last year for seven months and my salary before tax was R16777. I have never submitted a tax return before and am pretty sure I am u

Read more
answers

All the tax etc I must pay on the R95000 from my unnity

I want to cash in my Retirement uinity policy Why is it neccesary to give my annual gross numerationon the form I am 58 years old My policy amount is R9500

Read more

Page 55 of 317

Showing 1351–1375 of 7902 articles