Hi Kevin, which are considered tax deductions(deducted from taxable income): 1. UIF, 2. Pension, 3. Donations, 4. medical aid fund, 5. Union fee. I am getting mixed information and bout the union fee and medical aid. sometimes they are deducted from taxable income, other times its not.
Hi Kevin. U were always an excellent tutor, but I'm always struggling. I'm currently failing at school, for math I got 42%. So yeah... pretty low. I got a bad math teacher at all, so that isn't helping at all... I have a question. When do u use a tax rebate and when do u use a tax threshold? I'm confused...
If the statement on tariffs water or electricity ecome say including vat meaning i my add vat , if statements say excluding vat meaning is no need to add
Tax payable is the amount of tax that has to be payed based on the taxable income Taxable income is the amount of money that is liable for tax ..you could be getting 50 000 p/m but that isnt the taxable income bcoz sars isnt allowed to tax ur pension fund so if ur pf is 1 500...ur tax will only be taken from the 48 500 out of the 50 000 that is ur income
If the person falls in the last category (75 and older) then they benefit from all three of the rebate categories. But if a person falls in the Primary section, you only subtract the primary rebate.
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@@LilanéMuller-y1j it was easy bro just taxation
Me as well
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Kevin u the best... U brought me through the year ❤helped me to understand better... Thank u so much
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us 😭😭😭😭😭
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In my poes
thank you so much now ihave a clear understanding of taxation😭❤️
Hi Kevin, which are considered tax deductions(deducted from taxable income): 1. UIF, 2. Pension, 3. Donations, 4. medical aid fund, 5. Union fee. I am getting mixed information and bout the union fee and medical aid. sometimes they are deducted from taxable income, other times its not.
Guys why are we all here and not studying on our own😂
Hi Kevin. U were always an excellent tutor, but I'm always struggling. I'm currently failing at school, for math I got 42%. So yeah... pretty low. I got a bad math teacher at all, so that isn't helping at all...
I have a question. When do u use a tax rebate and when do u use a tax threshold? I'm confused...
U look at age first if the person is older than 65
That's when the threshold can be calculated
Ay ay ay ay 🔥,😂tax rebate ,sobona Friday hay hay
It's chaiii 😂
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Writing my final in 2hours and this came in so clutch,🙏
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it's 6:51 and I'm writing at 9 but I'm serious now .🔥
Same bro same 😭😭
Thank you ,you giving me confidence to upgrade my maths and
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Here before writing a 3 hour paper
If the statement on tariffs water or electricity ecome say including vat meaning i my add vat , if statements say excluding vat meaning is no need to add
Ey kwenkwe usebenzile noko ngomso zo bhala kakuhle
Sobona ngomso nyani shame
thank you so much❤❤❤
Yeah I’m cooked
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Same😭
same😭writing in 30 min
i hear u chat , whole time im writin tmr.
What's the difference between tax payable and taxable income??😭
Tax payable is the amount of tax that has to be payed based on the taxable income
Taxable income is the amount of money that is liable for tax ..you could be getting 50 000 p/m but that isnt the taxable income bcoz sars isnt allowed to tax ur pension fund so if ur pf is 1 500...ur tax will only be taken from the 48 500 out of the 50 000 that is ur income
sengkhathele shem
This video saved me ❤️❤️🤞
I am here class of 2025😊
We are here
Bro used the wrong tax table they said 2022 to 2023
Thanks so much I made it clear to me
7:02 sir u made a small error its actually 95512.11
No he's right, it is R95 512, 25
It's 6:47. Writing at 9 and only serious now. Yoooo ke hurt.😭😭😭😭
Same here ❤
My we please have a clear explanation of what income taxes are 😢I'm struggling here 😅
Income tax is money taken from the income that you earn
Why do we subtract all three rebate amounts? Are we not just supposed to take out the one that is relevant to the person's age only?
If the person falls in the last category (75 and older) then they benefit from all three of the rebate categories. But if a person falls in the Primary section, you only subtract the primary rebate.
@@laylahlewies thank you so much
remember the rule the older the person the less amount of tax they will have to pay which is a benefit
Here hours before maths paper 1😭
Same here at 09h00 😂😂😂
Can you show us how you done it on a calculate because I'm trying to find how you done it
I can help but please be specific on what you want like which part don't you understand ?
i couldn't understand how you calculated but my teacher showed me your video are so helpful thanks
@@mantoamolokomme8594
Writing in a few hours, am I cooked chat ?😭
I'm writing in 2 hours😭🙏
@@maybeabadb9891in 9
Same here at 09h00 😂
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Yoh bra😭🤣 but we got this🫵🏿🔥
@@slumdogg.offixial 😭😭yess🔥
Literally writing this morning 😂😂
Writing this morning 😂😂😂
Sorry sir,is the R31378.56 the annual contribution to pension fund or tax?
it is the pension fund
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Hi sir for q4. 1.4 the total rebates that I calculated is 4428 but u have 74, 72 how so?
on my way to my exam now
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I got a test tomorrow 😂😅
Yea I’m cooked
Bro!
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Class of 2025😊
Here we are
Which paper is this one?
DBE 2021 paper 1
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Wallahi I'm finished 🕴️
I noticed as I'm practicing that you made a lot of mistakes
You're going to fast without explaining anything to us. Unhelpful.
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