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Why Is My Take-Home Pay Less Than My Gross Salary?

Have you ever noticed a difference between your contracted salary and the actual amount deposited into your bank account? This Q&A aims to clarify some comm

How to cruise through a travel audit efficiently

Surely most of us love to travel, but traveling for business purposes is no fun when it comes to completing your tax return. SARS has some rather onerous requi

FAQs: Travel expenses and Tax

Travel expenses and their tax impact are a complex issue for many. It’s no surprise that it’s a common theme on our Helpdesk.(endpreview) We&rs

Retirement Funds

This week we received some questions from our users on retirement fund contributions and the laws that govern it. We hope that this helps you as you start gathe

FAQS: SARS eFiling

Filing a tax return for the first time can be a daunting task. To get you started, we’ve gone back to the basics(endpreview) – hopefully the FAQ bel

FAQ: Home Office Expenses

Flexible employment is becoming increasingly popular, many taxpayers spend some (or all) of their time working from home. If certain conditions are met, taxpaye

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Important Notice: You Will Face New Penalties if You Miss the November Tax Deadline

If you’re an individual non-provisional taxpayer, make sure you file your tax return before or on the deadline of 2 December 2021. SARS is warning that t

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FAQ: Stock Options

Companies issue stock options (also called share options) to key employees in order to attract and retain talent. A stock option is different from a share &nda

FAQs: Tax Directives

A tax directive is super useful when you earn commission, variable income or are going to receive a large bonus or a lump sum. (endpreview) The tax directive is

FAQs: Tax Clearance or Tax Compliance Status (TSC)

1. I need an actual tax clearance certificate, but each time I apply I am sent a PIN. Can you help me print the certificate?(endpreview) SARS is no longer issu

FAQs: Retrenchment

Thousands of people have lost their jobs as a result of the Covid-19 pandemic and the nationwide lockdown to slow the spread of the disease.(endpreview) It&rsq

FAQs: ‘Other Deductions’ that you may be able to claim in your tax return

There is a section in the tax return called ‘Other Deductions’ which often causes confusion for taxpayers(endpreview). Expenses in this section incl

FAQ’s: Medical Expenses and Taxes

It’s not all doom and gloom when it comes to the rising costs of medical expenses. You can expect some tax relief if you contribute to a medical aid and i

How to lodge a complaint with SARS

There are times when the call centre agent from SARS is unable to resolve your issue and you need to reach out to a more senior person at SARS. You can request

Wear and Tear (Depreciation) Top Questions

This week we zoom into Wear and Tear also commonly known as Depreciation. Below we've covered some of the top questions we've received from our Helpdesk. T

Tax Treatment for Uber Drivers

If you are an Uber driver, you use your own vehicle/s to generate your income and you determine your own working hours, you will be treated as being self-employ

Capital Gains Tax (CGT) Top Questions

Below we take a look at Capital Gains Tax, particularly relating to the primary residence exclusion. What we’ve covered are some of the most pressing ques

Tax and winnings

It's always wonderful to win a prize or a competition – however, many people don’t realise there may be tax consequences attached. This week we tho

SARS and medical disability

We receive many relevant questions from our users about what they can claim as a tax deduction if they or one of their dependants suffers from a disability. Thi