FAQ: Is maintenance paid in terms of a divorce court order taxable?
Any amount received by a spouse or ex-spouse by way of alimony or allowance or maintenance of such person under any judicial order, written agreement of separation or under any order of divorce, is exempt from normal tax under the Income Tax Act. The spouse who pays the maintenance is also not entitled to claim […]
FAQ: When must an income tax reference number be completed on the Income Tax Return for Trusts (ITR12T) for a beneficiary?
For beneficiary taxpayers, whether individuals, companies, or Trusts, the income tax reference number is mandatory if they are South African residents. If they are not South African residents, the income tax reference number is optional. In exceptional cases where an individual has a South African identity number but has not registered for tax (e.g., a […]
FAQ: What amount should be completed as the “Total value of the outstanding loans granted by the Trust” on the Income Tax Return (ITR12T)?
The total outstanding loan amount for the specific tax year must be completed on the ITR12T.
FAQ: Will the income statement of the Trust be required, when completing the Income Tax Return for Trusts (ITR12T)?
The income statement of the Trust will only be needed where local business income was received and must be filled in on the ITR12T.
FAQ: When selecting No to the first question “Have the banking, contact and trustee details been confirmed and verified” on the Income Tax Return for Trust (ITR12T), will I be able to continue completing the ITR12T?
The registered details of the Trust must first be confirmed, in order to complete the ITR12T. To do this either: Select “Yes” to question. The Registration Amendments and Verification Form RAV01 will open. Confirm the details and continue filling in the ITR12T or Alternatively, close the ITR12T and click ‘Maintain legal entity details’ on Income […]
FAQ: What if the Withholding Tax on Royalties Declaration (WTRD) isn’t sent in time?
If the foreign person doesn’t send the Withholding Tax on Royalties Declaration (WTRD), for either an exemption or a reduced rate, before payment of the royalty is made, they have three years in which correct this and re-submit to SARS. A refund may be claimed for the additional amount of tax paid, if needed.
FAQ: What if the royalty is paid in a foreign currency?
The amount of the royalty must be converted to South African rand (R) at the spot rate on the day the tax is withheld.
FAQ: While downloading the latest version of the easyFile™ Employer, my anti-virus identified a virus and deleted any e@syFile™ Employer files already installed. Is there a virus on e@syFile™ Employer?
No, easyFile™ Employer is not infected by a virus. Make sure you have set your anti-virus to accept e@syFile™ Employer. Follow these simple steps: AVG is the antivirus guard internet security software used by many. Due to certain settings within AVG, you will need to add e@syFile™ Employer to the exceptions list in your advance settings […]
FAQ: How do I initiate a tax type transfer on eFiling?
To transfer a taxpayer (client), follow these steps: Login to eFiling Select: Organisations Organisation Register New Complete the information required and click “Continue” at the bottom of the page: Tick the tax type box, fill in the tax number and click “Register” A message will be shown, advising the taxpayer is already registered. […]
FAQ: Are the Employee SIC7 and SEZ codes mandatory on e@syFile™ Employer?
If you have claimed the Employment Tax Incentive (ETI), the Standard Industrial Classification (SIC7) and the Special Economic Zone (SEZ) codes are mandatory and must be captured or included in your CSV import file, when completing the employee certificate details. Top Tip: The SEZ code defaults to South African, if this hasn’t been indicated or […]
