As commission is not a wage, it doesn’t allow the employer to claim the ETI. Where an employee receives a basic wage (salary) plus commission,
All foreign income must be declared in South African currency.
Generally yes, but these rules do not apply to – foreign listed shares and foreign unit trusts for which you have not determined a market
The action date determines when the payment will take effect. The user must authorise the transaction before this date has passed, they can however choose
If you inherited a house then there is no tax on the actual inheritance, however the value of the house on the day you inherited
No, a NPO registered under the Nonprofit Organisations Act, 1997 with the Department of Social Development or a NPC as defined in section 1 of
Although financial statements drawn up in another currency are acceptable as supporting documents, if so requested by SARS it must be translated to South African
No, each organisation approved by the Commissioner for section 18A purposes may design their own unique tax deductible receipt. Legislation gives guidance what information and
No, this requirement is only applicable to conduit PBOs approved under section18A(1)(b) of the Income Tax Act. An approved conduit or funding PBO is required
No, because the owner must be an individual or special trust. However, the estate planning, limited liability, or other considerations that led to the property
Yes, the company’s information is pre-populated on the RAV01 form.
Yes, the limitation for interest exemption will be proportioned.
The status of the certificate is displayed on eFiling under the “Request Certificate” menu option under the “Enrol 3rd Party Data” menu. Notifications are sent
There are persons who are exempted from the requirement to register as tax practitioners. These persons are referred to in s 240(2) of TAAct and
Disable the bit defender antivirus programme and add e@syFile onto the programmes exceptions list (Part 1). Follow the steps below: Start by bringing up
ETI may only be claimed for employees between 18 and 30 years for age. ETI may be claimed from the month in which the employee
ETI must be calculated as per the formula provided in the LAPD-ETI-G01 – Guide to the Employment Tax Incentive.
ETI may not be claimed if the employee is remunerated less than R2000. The R2000 must be apportioned to the number of ETI hours and
The monthly minimum wage must be apportioned to the number of ETI hours. ETI may not be claimed if the employee is remunerated less than
ETI may not be claimed if the employee is remunerated more than R6000. If no ETI is claimed, all the ETI fields for the month
ETI may only be claimed for a natural person who works directly for another person and receives remuneration from that other person and must have
ETI may only be claimed for a natural person who works directly for another person and receives remuneration from that other person.
ETI may only be claimed for a natural person who works directly for another person and receives remuneration from that other person and must have
ETI may only be claimed for employees who was employed on or after 1 October 2013.
The Employer will register on the CSK web page. Information will be stored and after nominating an Employee, the Employee will register and the data
You are required to keep all supporting documents for a period of five (5) years from the date of submission of the return as SARS
The SARS POA is valid for a period of two years. A new SARS POA must be produced only after the two year validity period
A trust can only claim any foreign tax credits in terms of section 6quin from the 2012 year of assessment onwards on the ITR12T.
A trust can only claim any foreign tax credits refunded/discharged during the year of assessment from the 2014 year of assessment onwards on the ITR12T.
If you are getting a secure login error when trying to do the following on e@syFile: submit their recon using the online submission option on
Yes, however, the only channels made available for VAT supporting data submission will be the Direct Data Flow Channel using Connect:Direct.
The signed application form and relevant material can be submitted via the following methods: Email to vcc@sars.gov.za Post to SARS Large Business Centre Venture Capital
WHAT IS A TRAVEL ALLOWANCE A travel allowance is any allowance paid or advance given to an employee in respect of travelling expenses for business
An application (VCC001) form is available on the SARS website. The form must be completed and submitted to the SARS Large Business Centre together with
The RRC01 – Recognition as a Recognised Controlling Body Application – External Form can be requested via the following channels: The SARS website www.sars.gov.za Tax
By legislation every company/regulated intermediary is required to withhold Dividends Tax on any dividend declared after 1 April 2012. There will be no more fixed
Taxpayers can request for a Provisional Tax Statement of Account (PROVSOA) via the following channels: eFiling The SARS Contact Centre on 0800 00 SARS (7277);
A taxpayer can request for an IRP6 return via the following channels: eFiling The SARS Contact Centre The SARS branch office / Taxpayer Service Centre
A taxpayer can submit an IRP6 return via the following channels: eFiling Post The SARS Branch office / Taxpayer Service Centre
The Dividends Tax number will be the entity’s Income Tax reference number. Dividends Tax transactions will be distinguishable from assessed income tax and provisional tax
You can access the POA forms via the following channels: On the SARS website www.sars.gov.za By visiting the nearest SARS branch or By calling the
To draw a list of all your clients for whom you have submitted returns/declarations, click: Organisation Rights Groups Manage Groups Manage Payers System Default. All
Login to eFiling. Select Organisations Rights Groups Manage Groups Manage Users. Add the user to the Group.
A RFR1 form can be obtained from: eFiling; Contact Centre; or SARS Branch
Visit the nearest SARS branch office.
Electronically via eFiling (where the Company is registered as an eFiler). • If the Company is not registered as an eFiler, the Company representative/Public Officer
Electronically via eFiling (where the Company is registered as an eFiler). If the Company is not registered as an eFiler, the Company representative/Public Officer can
The original signed RRC01 together with the required supporting documents must be posted or delivered to the SARS Tax Oractitioner Unit at the following address: Tax
The taxable fringe benefit for employer-provided vehicles can be reduced by the portion of the license fees, insurance, fuel and maintenance expenses that are directly
A client who don’t have access or use internet banking may make a payment to SARS with over the counter payments at a bank via
When paying interest and penalties relating to a specific EMP201, indicate this by completing the applicable fields on the EMP201. SARS will allocate the payment
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