Good daySARS is requesting documents that I have already sent to them, the only piece of information I havent supplied is the ID document and verified bank st
Read moreIf I am a sole proprietor can I expense my monthly medical aid premium in full through the income statement? Unfortunately, this is not regarded by SARS as
Read moreWhat are the tax implication if I loan money to my company to buy a vehicle? We have a loan agreement in which the company will repay the loan to me in instal
Read moreHow can I claim medical expenses for my mom who is a dependent but not on a medical aid? she is also disabled. She has a few disabilities that I have incurred
Read moreThere is an IRP5 from a company I don't recognise, with a value I didn't enter. I have two IRP5's and entered that data but on my final submission I can see t
Read moreI worked for an international company (UK based) during the 2024 tax year. I was a contracted employee, meaning I had to submit salary invoices. Therefore, I
Read moreI'm a commission earner and I can claim travel expenses. When I complete TaxTim 'Travel Deduction Optimiser' it will only let me choose the date of the purchas
Read moreI bought furniture for R 172 000 back in 2018 for my rental property. This was bought through the developer as part of a rental pool offering. Rental pool con
Read moreI work two jobs as an independent contractor in addition to my full-time salary. I use the same fibre internet connection for both these jobs which is debited
Read moreI received a SARS assessment after submitting my tax return via TaxTim. During the submission, there was no payment to SARS expected. However I then received a
Read moreI am newly registered business owner and I registered just before the lockdown took place and I did not receive my tax certificate. I do have my registration n
Read moreWhat will happen if I already accepted my auto assessment, but I have done so without submitting my travel logbook, am I able to fix this myself, what should I
Read moreSARS has sent me an SMS saying they have calculated my assessment tax and I can accept or edit this. I have done an early tax return with TaxTim and I'm not su
Read moreI have received an SMS, stating that my tax has been assessed automatically and that a refund is due of R7000,00 however I do not know if my travelling has bee
Read moreCan a sole proprietor (extra income, working from home) claim for vehicle maintenance (I do most maintenance myself, but have invoices for the parts) and insur
Read moreI have been paying PAYE on a site/home allowance which I get because I work on a site away from home. Can I get a tax deduction on this. My employer put it as a
Read moreI don't know what is s12eThis query relates to question 4862 "Please enter the S12E accelerated depreciation allowance which the company can claim. Use our han
Read moreQ: Please explain the tax calculation between pensionable and non-pensionable salary A: Pensionable earnings would be the income/remuneration used by your
Read moreI completed my tax return through TaxTim. SARS asked me now to show them how we calculated depreciation on the laptop I use for work. Can you help me with this
Read moreOne of the questions most asked when it comes to tax season, is “what happens now that I’ve submitted my income tax return, when do I get my refund?
Read moreFrom a tax perspective which is more beneficial to an employee: a car allowance or a company provided vehicle? What would the impact be on either if the employ
Read moreI received the following confirmation letter, what does it mean? Will I receive my refund within the next few days or what? Dear TaxpayerVERIFICATION OF ASSESSM
Read moreWhat is the PAYE calculation on basic salary plus commission? Tax on commission is at exactly the same rate as a fixed salary. The confusion comes from the
Read moreI wanted to know how to calculate how much tax I will have to pay to SARS. I am an estate agent and earned about R106 000. 00 commission for the tax year. Ta
Read moreI am currently completing my 2 daughters, my son in law, my husband and my tax returns for the 2015 tax year and I am unsure of code 3801 and 3810 on my daught
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