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 moreDear TaxTimIt has recently come to my attention that I should maybe have registered for VAT. Can you please advise me. I am a contractor providing a writing a
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 moreThere is a section on the ITR12 tax return that asks you to indicate any periods during the tax year when you were not working (i.e., were unemployed). This se
Read moreI am already paying income tax on my salary, I now want to do consulting work, what is the best way to handle tax in this regard? If you do consulting work
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 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'm a freelancer - how do I do my taxes? Do I register as provisional taxpayer or can I still pay PAYE monthly? Yes, you are classified as a provisional
Read moreI've secured a contract of R3. 1m for two years which is going to be invoiced at R130k per month. Whats the best way to go about this? Should I set-up my busin
Read moreI'm an independent contractor working remotely for an international company. The company is not obligated to pay my tax, therefore I need to do it myself.
Read moreMy employer is satisfied that only 60% of my travel allowance will be for business purpose, do I only include the 60% in my monthly payslip for PAYE purposes o
Read moreI have been offered a job as a part time consultant. The company says that I must pay tax directly to SARS. How much tax will I have to pay directly to SARS?
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 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 moreI received an SMS from SARS which says something about an auto-assessment. When I login to eFiling I see there is an option to accept or edit it. Are there any
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 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?
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