Calculating zakaat

Q: I had taken out a life insurance policy with a dread disease cover many years ago. (I call that my pre-hidayat days). I have now been paid out part of the money for a dread disease, which is part of the life cover. Can I calculate all the premiums I paid over the years and take the money out of the payout as halaal money for myself? Can I use the balance of the payout for Income Tax payment. I would then cancel the policy. 

Also, what are the zakaat implications regarding this money if it is halaal. Do I need to calculate zakaat from the time I started paying the premiums or not?

Q: I have 2 investments and want clarity on my responsibility when it comes to zakaat.

1. I have purchased shares in company x for long term investment (probably 5 to 15 years). Do I pay zakaat on the quarterly/yearly dividends received or do I pay zakaat on the full value of the share?

2. I am investing in a retirement annuity, which is now only accessible upon my retirement. Do I pay zakaat yearly on the amount that is in my retirement account or would I only pay zakaat when the investment matures (when I retire)?

Q: My wife is a housewife and does not earn an income. I provide her with an allowance as well as contribute into a savings/investment account for her.

Questions:

1. Is she liable for zakaat on the money in her investment account (which I contribute towards) or am I?

2. If we have a joint savings account (in both our names), who is responsible for the zakaat in this account?

3. Since we are married in-community-of-property, would she be responsible to pay zakaat on any investments that are in my name?

Q: I work in a supermarket. My annual salary is 600 thousand. How do I calculate my zakaat?

Q: How do I pay zakaat on shares of my company in the JSE. Some are in property, some in merchandise stores like Shoprite, some in gas and oil. The shares are worth a lot but dividends are less.

Q: Recently my husband and I received a lot of money as gifts for our wedding. My zakaat due date is coming up soon. Since the money was given to both, me and my husband, do I need to take into consideration all of it or half of it when calculating my zakaat?

Q: As an employee, I am facilitated to take 3 types of loan from my employer.

Loan type 01:

This loan is termed as 'Salary Advance'. In case of emergency, the employee can take a loan from the employer to a maximum of 6 times his basic salary. The lent amount will be deducted from the monthly salary in 12 installments. If the employee leaves the job before the settlement of the loan, then the left amount will be deducted from the gratuity scheme, provident fund, etc.

Loan type 02:

This loan is termed as 'Investment loan'. The employee will receive an amount every year on 1st of June from the employer/company to invest in some particular investment schemes to get tax rebate on yearly income received from the company. The lent amount will be deducted from the monthly salary in 12 installments. If the employee leaves the job before the settlement of the loan, then the left amount will be deducted from the gratuity scheme, provident fund, etc.

Loan type 03:

The employee can take a loan from the compulsory provident fund. The lent amount will have to be adjusted as per agreement with the company. If the employee leaves the job before the settlement of the loan, then the left amount will be deducted from the gratuity scheme, provident fund, etc.

My question is, with a view to calculating zakaat of these loans, how will the lent amounts be considered? Whether assets, liability or amaanat?

Q: I sold my business including the stock before year and invested that money in another business right after selling. Do I have to calculate my zakat year since I have started my first business or from the date when I started my 2nd business? I am in doubt because money which I have invested is from my first business.

Q: If I have given loan to someone, do I need to include this in my asset calculation for upcoming year zakaat?

Q: I have purchased goods for 100 000 for my shop. The year is not completed and I sold my shop for 200 000. Do I have to pay zakaat on this 200 000 on the completion the year since I have started my shop or next year?