Tax Facts

Should I file my own tax return?

Should I file my own tax return?   With e-filing being such a wonderful, fast and efficient system, many people ask whether they should file their own returns. This article is designed to provide the benefits and disadvantages of using a tax practitioner to file your income tax return and you filing your own tax…

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SARS and penalties for individuals

SARS and penalties for individuals   The purpose of this article is to provide some insight on how SARS administers penalties for individual tax payers. This article is specific to individuals however; SARS will soon apply the same principal to CC’s and companies. This article is written by a tax practitioner who has dealt, and is…

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E-filing Versus The Branch

E-filing Versus The Branch   Have you ever wondered what the benefits are to filing your return through e-filing rather than a local SARS branch office? This article is written by a tax consultant who has extensive experience with this matter and brings practicality to the article. Only possible when technology is available E-filing has…

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How to get a tax refund

How to get a tax refund   Many people are looking forward to 1 July each year as this is the date SARS usually open their systems for individuals to file their personal income tax return. Have you even wondered if your personal income tax return could have yielded a higher return? Ensure that you…

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Your travel allowance and SARS

This article is written by a tax practitioner with extensive experience in the field of individual taxation and brings practicality to this article. Does a travel allowance always lead to a tax refund? With taxation being so high in South Africa and with the many economic pressures of late, many are seeking ways to maximize…

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Tax Assistance and Help

Tax Assistance and Help   Affordable Tax Assistance and Professional Help for Sole Proprietors and Individual Taxpayers FMJ Financial Services opened its doors for business in 2010 and served the areas of Krugersdorp and Roodepoort. However, due to an increase in the demand for our services, we created a website for sharing our expertise with…

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Professional Tax Consultant

Professional Tax Consultant   Professional Tax Consultant – Individual Tax Return Questions and Answers Some of the questions regarding individual tax returns are briefly answered below. The best advice is, however, to get in contact with a professional consultant from FMJ Financial Servicesfor an assessment of your tax situation and to obtain an obligatory free…

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Objections

Objections   *This article is written by a tax practitioner who works with tax matters affecting individuals, including objections, on a regular basis. If you are reading this article, it probably means that there is an aspect of your return that did not go well and which you are not in agreement with. You might…

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Exempt foreign income

Exempt foreign income   Exempt foreign income – Section 10(1)(o)(ii) This article is written by a tax practitioner that specialises in individual tax and therefore has extensive experience in all tax matters. This article will focus more on a situation where a taxpayer is sent abroad by a South African company and the company taxed…

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