sars

  1. K

    Rental Income - SARS tax deductions question.

    Hey guys, I have a pretty good handle on provisional tax returns for rental income, along with the usual tax deductions that can be applied. I have a bit of an unusual situation now. I have rented a property for the first 6 months of the financial year. I wont be renting it for the...
  3. mercurial

    SARS property question

    Hi guys Someone mentioned to me that we can enter property details into SARS e-filing (the amount of the property). I just wanted to know where do I fill this in and which code do I use for it? Is it under deductions and contributions? Also, is there any chance that I would get money back by...
  4. D

    Tax claim for student

    Howzit Over the past few months I have done vacation work and have been charged a cumulative few hundred rand in what seems to be a tax deduction. To my understanding you have to earn over a certain amount to be paying tax, which I am not. Can anyone advise if it possible to claim this tax...
  5. T

    Help with SARS efiling for tax clearance

    Hi I created a new SARS efiling account less than 24 hours ago and logged in trying to apply for a tax clearance certificate and i cannot find a link to start the application process. I checked on google and found that its under services on the left menus but i cannot find it. what could be...
  6. Polar79

    Fee chargeable - Help me turn the tables on the TAX man.

    Accounting fee chargeable - Help me turn the tables on the TAX man. That time of the year again and I have been researching TAX deductibles. As title suggests, I am willing to pay an accountant's fee... Sure thats deductible too ;) First my circumstance- I am full time employed as field...
  7. Z

    Buy/import AHCC

    Hi I'm looking for an immune booster supplement that can assist in well being of cancer patients amoung other benefits. The supplement is called AHCC, apparently this is an over the counter supplement overseas. Unfortunately this does not seem to be available in South Africa. Does...
  8. d0b33

    Turnover Tax - what to submit and when?

    Update: Turns out turnover tax is such a nightmare even a tax practitioner I consulted suggested I avoid it. I've tried searching for clarification on this but could not find any, if it's been answered before I'll delete this... My company is registered for Turnover Tax, but I've yet to do a...
  9. Kevin Lancaster

    How techies, hackers swiped South African tax money

    How techies, hackers swiped SA tax money A document leaked as part of Al Jazeera and The Guardian’s “Spy Cables” reveals how techies and hackers defrauded or attempted to defraud the SA government
  10. Kevin Lancaster

    How secret SARS unit spied on South Africans

    How secret SARS unit spied on South Africans: report A rogue spy unit within the South African Revenue Service used surveillance malware from Germany, Carte Blanche has reported
  11. S

    Illegal to Do Side Work on Visa?

    I would like to get some of your opinions and knowledge regarding my situation here in SA. I am a citizen of Swaziland, and am here in SA for volunteer work, for which I have a 2-year visa (currently waiting for renewal for a 3-year extension). The organization I'm affiliated with is covering...
  12. D

    Advice on bringing in foreign currency and SARS

    Good day all, I have been working overseas for the past 7 years and accrued some tax free savings. The time has come to move back to South Africa. I have yet to sign up with SARS. I plan on buying property and possibly renting it out (I understand I will need to pay tax on rental...
  13. theratman

    SARS Headache

    Hoping to get some advice from more knowledge chaps. I received an inheritance via a trust last year and decided in Jan 2014 to take it and purchase an investment property. I bought the property for 1.2 and paid just under 200k on provisional tax in Feb 2014 (due to the payout from the trust)...
  14. W

    Starting a small business - PAYE vs VAT vendor

    Hi All, Gonna be starting a small business soon (whilst working a 'normal' full time PAYE day job for a company). Income expected to only be a few thousand if not a few hundred a month. Big growth is possible, but hard to tell right now. My Q is, should I just submit the additional income...
  15. Rouxenator

    SARS, a bunch of morons

    So I need to just do this little rant because we have a strict policy against drinking during office hours. A week ago SARS tells me I owe them R1480, most likely because they did not bother to look at my RA and Medical Aid Tax Certificates, but I could not care less I just want them off my...
  16. B

    Tax returns and Statement of local assets and liabilities

    Hi, My tax before was so simple, until I decided to let my property. As a good tax payer I need to declare my rental income, but alas, I am forced to also complete the mandatory Statement of local assets and liabilities. To further complicate matters is that we are married out of...
  17. M

    Start-up business- Accountant or no accountant?

    At the risk of sounding like a money-grabbing nuisance, this is my opinion: I noticed on this forum, that many first-time entrepreneurs ask if they need an accountant when starting up a business. Anybody can register a company at CIPC, or register for taxes at SARS, etc. Doing the...
  18. T

    Does a small company have to register for PAYE if the only employee is the owner ?

    Does a Small Company (Operating from home), with no employees (except the owner), have to register for PAYE. The owner takes home less than (R40K pa) - far below the Tax Threshold for him to pay tax. Would the company still need to register for PAYE ?
  19. QuintonB

    E-tolls: a taxing issue

    E-tolls and tax Navigating value-added tax (VAT) incurred by Gauteng’s e-tolls can be quite challenging
  20. O

    Home office

    Hi All Things are bit tight business wise and would like to cut costs,I am thinking of buying a house and turn one room into an office,I am currently renting but I am thinking of,if I buy a house on my personal capacity and rent out the room to the business would help me stay affloat, What...
  21. R13...

    Tax questions

    I gots me a couple of questions regarding whether I can claim for these, 1) I will be studying this year. Can I claim travel with SARS for travel (as in the travel kms go under business on log book?) to/from university? Yes I receive a car allowance. 2) Can I claim for hotel accommodation? 3)...
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