Do your Tax Returns Quickly and Easily with TaxTim Today! TaxTim is your Friendly Online Tax Assistant - Do your Tax Return Right for Maximum Refund.
How Does TaxTim Work? Make Tax Easy - Even If You Don't Know Where to Start 1 Register for a TaxTim account Sign up online and get started immediately. No tax documents required. You might even get the TaxTim service free via one of our partners. ...
Use the calculator below: Read more → SARS can now fine you or take you to jail for these tax mistakes Posted 18 June 2021 In the past SARS needed to prove that a taxpayer had committed a tax crime “willfully and without just cause” but the legislation has just been changed. The...
Please use our Wear and Tear Calculator to see how this is done. You can also claim a deduction for the stationery on your tax return. All of these expenses need to be reflected in the Local Business Income Section of the ITR12, together with the income you earn from the company. 12....
Capital expenses (i.e. assets you’ve purchased that cost more than R 7 000) may be subject to a wear and tear deduction – see our wear and tear calculator for more information. Renting out your property, whether it’s a house, apartment, AirBnB or even a room in your house, is ...
According to the TaxTim depreciation calculator, I can claim around R 28 600 in 2022 tax year. My question is, can I claim this with the documentation in my possession and ca...Read more → Update Banking Details for a refund from SARS Updated 5 June 2024 Good morning,I am no ...
Just like the SARS eFiling tax calculator, TaxTim doesn’t take into account provisional tax ...Read more → 9 Steps to File an Objection to Your Tax Assessment Updated 30 May 2023 You’ve been diligent with your tax obligations, you’ve paid your PAYE (employees tax) each month ...
Best advice is to submit your 2012 return and see what the calculator says and then see how much you owe them in total or even the small refund you may get?Regards,Tim Godwin Thando says: 7 April 2022 at 13:22 I will submit any time before month-end, so u mean if maybe my ...
No, you do need to submit a purchase invoice or proof of payment to claim wear and tear to prove that you bought the equipment. Please refer to our Wear and Tear Calculator.19. If I don’t have my physical invoices (e.g Builder’s Warehouse for house maintenance) – are the scanned...
I’ve used our Income Tax Calculator to save time (and trouble) here. The calculator result is R1,818.83 tax for the month.Now, we multiply the tax amount by number of pay periods, and then subtract the tax that’s already been paid for the same period....