FAQ: What happens to donations made to the Solidarity fund in excess of the allowable deduction?
Any donations made to the Solidarity fund, over the limit made during the 2020/2021 tax year will be carried forward and deemed to be a donation made in the succeeding year of assessment (2021/2022) and be subject to the 10 per cent limitation in that year.
FAQ: I made donations to the Solidarity Fund through my employer. Where on my ITR12 for 2021 will I reflect the amount?
The donation amount will reflect on your IRP5/IT3(a)certificate from your employer under deduction section next to source code 4055. You must NOT include this amount under donation container on the ITR12 return, the amount from the IRP5/IT3(a) certificate will form part of your assessment (ITA34).
FAQ: What supporting documents must I submit to report a new Estate Case?
In order to report a new Estate Case to SARS, it is important that you submit the correct Supporting Documentation: An image of yourself holding your proof of identity. It is important that your face and proof of identity are clearly visible in the same picture. Please submit as many of the supporting documents that […]
FAQ: What are S11F annual allowable deductions?
You are entitled to a deduction, under section 11F, of contributions to any pension fund, provident fund or retirement annuity fund. The contributions that may be claimed as a deduction in the current year of assessment are limited to the lesser of: (i) R350 000; (ii) 27,5% of the higher of – • remuneration; or […]
FAQ: Who can cancel a registration for employees’ tax?
As an employer you can cancel a registration for employees’ tax if: None of your employees is liable for payment of normal tax and you are not liable for payment of Skills Development Levy (SDL); You have ceased to be an employer but still carry on trade; Your business branch/division was sold; or All your […]
FAQ: How do I cancel a registration for employees’ tax?
To cancel a registration for employees’ tax you can: Indicate on the final EMP501 reconciliation that you want to deregister for employees’ tax and provide the reason for deregistration; Use the deregistration function on eFiling; Send a written notification and EMP123/EMP123T form to SARS. You can send the notification and form via email, post or fax […]
FAQ: I’m unemployed and applied for the COVID-19 grant at SASSA but it was declined with a response ‘Registered at SARS for PAYE’ or ‘Receiving an income’?
It should be noted that SASSA determines the criteria for paying of the grant or not. According to SASSA, to qualify for the grant, you need to be unemployed (not having any source of income) and not receive UIF or any other grants. Should this not be correct, please email SASSA on [email protected] if any complaints.
FAQ: How long is my certificate of residence valid for?
A certificate of residence is only valid for a period of one year from the date of issue if the date of issue is for a period going forward. Therefore a certificate for residency in advance will only be from the date of application plus one year. A certificate of residence can be issued retrospectively. […]
FAQ: What are the requirement for a certificate of residence to be issued to me?
The following are requirements for a certificate of residence: :- The person must be registered for income tax purposes. :- The application form must be submitted with all mandatory fields completed. :- The person’s or partner’s tax affairs must be in order. :- Additional information requested must be submitted. :- The person must be a […]
FAQ: How do I apply for a certificate of residence?
Where the South African resident rendered services or received income from another country and the country requires a certificate of residence or certificate of residence for partners or the stamping of a residence application form from the other jurisdiction’s revenue authority, the following application forms for certificate of residence must be completed in full as […]
