tax

  1. QuintonB

    IBM tackled over $866 million in outstanding tax

    IBM in trouble with the Indian taxman Indian tax authorities have asked IBM’s Indian unit to pay 53.57 billion rupees ($866.20 million) in outstanding income tax on fiscal 2009 revenue, media reported on Saturday.
  3. jes

    Britain pledges public access to tax evasion-busting database

    Britain pledges public access to tax evasion-busting database Britain will make public a new database of company ownership details designed to expose international money laundering and tax evasion schemes.
  4. jes

    Beware of tax refund guarantees: Sars

    Beware of tax refund guarantees: Sars Sars has urged taxpayers to exercise caution against tax advisers who guarantee them a refund on their tax returns
  5. S

    eFiling with 2 medical aid certificates

    Hi I was wondering if anyone could help me with my eFiling where I have to put my medical aid contributions. From March 2012 until December 2012, I was on a medical aid and had my son as a dependant but I then switched to another medical aid which was cheaper so I could add my fiance as a...
  6. F

    VAT Registration Question

    Hi I'm in the process of Registering for VAT.. I have a cc and had my accountant fill in forms and have all the necessary supporting documents.. I would like to know what the Turnaround time is for getting my VAT number.. I'm in a bit of a rush as I need the number to open a supplier account...
  7. M

    First time entrepreneurs- An accountants perspective

    This is a repost of the question asked here and my reply. Hope it helps other aspirant entrepreneurs. Check out the post for other highly informative user's replies. http://mybroadband.co.za/vb/showthread.php/552109-Contracting-consulting-self-employed I am all for self-employment. Warren...
  8. E

    UIF

    A thread following UIF and related..
  9. E

    Joint Tax - Married Couple - Breadwinner

    Does anyone know if a married couple can 'share' their tax responsibilities (especially if only one is the breadwinner)?
  10. jes

    Irish tax web laid bare

    Irish tax web laid bare A Reuters analysis of Irish and U.S. filings shows that more than 40 percent of the S&P 500 have registered subsidiaries in the country.
  11. J

    Importing PC Repair toolkits from US into South Africa - help!

    Hi There, I'm wanting to buy a toolkit set from ifixit.com - a company in the US that has come up with a truly brilliant set of screwdrivers and other PC repair tools. They are happy with getting it to me via USPS but strictly state that they are not involved when it comes to Customs and...
  12. marco79

    SARS tax return refund turn around time

    Could you please post the time it took from doing your tax return to receiving your refund? Especially if you had to submit supporting documents, or were selected for an audit.
  13. M

    “How much refund will i get from SARS?”

    Seems relevant. “How much refund will i get from SARS?” This is by far the most popular question we receive. We feel it is an issue that needs to be addressed. It’s imperative that an understanding of the income tax system is reached. This is how the PAYE system works: As a relief to...
  14. M

    Earn less than R250k/pa and you dont have to submit a tax return? What rubbish.

    A client called me today and asked if this is true. Because SARS sent out an sms informing taxpayers that if their income is less than R250k per annum, they don't need to submit a tax return. The above statement is unfortunately true. It was announced in the budget speech. But it makes me...
  15. QuintonB

    Regulators want to know where big company taxes go

    Show us the money, say EU regulators Europe’s top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance.
  16. LazyLion

    Cyprus Seeks Russia's Help After Deposit Tax Fails

    Cypriot Finance Minister Michalis Sarris will seek Russian assistance on Wednesday after his island's parliament rejected the terms of an EU-IMF bailout that slapped an unprecedented levy on bank accounts. Sarris will meet his Russian counterpart Anton Siluanov in the hope of easing the terms...
  17. LazyLion

    MPs Cringe at Hints of More Tax

    There were moans and groans from MPs on Wednesday as Finance Minister Pravin Gordhan went off speech, telling them they should be paying more tax. Delivering his 2013/14 budget, Gordhan said: "The government relies on resources derived from the wider economy, and the best way to generate...
  18. D

    Voluntary Disclosure Problem - SARS

    Hi. I have a question on the Voluntary disclosure program offered by SARS. I have a small business that started trading in May 2011. It was relatively small for a while and I thought that it was below the taxable threshold. It has grown now to a turnover of about R60 000 - R70 000 a month...
  19. |tera|

    Who gets VAT?

    Could someone please explain to me where VAT goes to? We all pay VAT, every single person that purchases a toffee to a 2L cool drink, to Petrol, whatever we buy, we pay VAT. Does the VAT go to SARS? Does the Government get it? Why are we so phased then that 4.5 Million Tax payers are...
  20. D

    Is paying a sub-contractor tax-deductible?

    I am a sole proprietor but on occasion I sub-contract work. The client pays me and I then pay the sub-contractor. The problem is this pushes me into a higher tax band and in the end a large amount of this money I just pay to the sub-contractor anyway. Can this payment to the sub-contractor be...
  21. G

    SARS late income tax return

    I've received my tax return form on the 19th of November (via SARS eFiling). It indicates that the due date is 23 November 2012. My previous employer is still busy filing all necessary data and will probably not finish before the 23rd. If I file my tax return form late, what will happen? Will...
Back
Top
Sign up to the MyBroadband newsletter
X