How long will it take for sars to return my tax after I have verify my documents

Posted 29 July 2015

Hi Tim
how long does it take for sars to return my tax after I have verify my documents

If SARS says amout due to you is R0.00 does it mean I wont be getting anything?

Posted 28 July 2015

If I get an sms saying type of assessment :original amount due to you R0. 00 does that mean I wont be getting anything from SARS?

Do I need to de-register at SARS?

Posted 28 July 2015

Dear Tax Tim. I have not been employed since November 2014, do I need to de-register at SARS? Or can I simply submit a NIL return this year?

Should I pay tax?

Posted 28 July 2015

I am a self employed and on average make 240k per anum, prob less
How does it work with tax, should I pay, what bracket do I fall under?

No receipts for medical expenses, what happens now?

Posted 28 July 2015

I have been asked to submit supporting documents. I don't have the receipts for medical expenses just a tax invoice (as always) from my pharmacist for the total amount for the period, what happens now?

-IT34 how is owed to me

Posted 28 July 2015

I received a sms -IT34 notice am I owed a return and how do I know how much

Return requested by accident and filed

Posted 28 July 2015

Recently I got a bit confused on the SARS eFiling website and accidently requested a tax return for 2005 and 2010. I get very nervous when submitting tax so having seen red text saying a tax return for 2005 and 2010 are incomplete (after I requested them) I completed the tax returns however there was nothing to submit as I was still in high school in 2005 and I was a student at university in 2010.

I did serve an internship in 2009 for 7 months for which I was paid R3200 a month, howe...

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Due for refund and changes of Banking details - how long does verification take?

Posted 28 July 2015

I changed my banking details 3-4 weeks ago. Then after a week I submitted all the outstanding IRP5 and an SMS was sent to me detailing all the refund due to me. And was advised to expect the money within 24 hours as said by the Lady from SARS. The following day I called the contact centre to check if banking details were changed and they told me that the banking details are in the process of been verified and that other supporting documentation might be requested from me and they told me that th...

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Can I submit my IRP5 if the employer hasn't submitted on behalf of the company yet?

Posted 28 July 2015

Can I submit my IRP5 if the employer hasn't submitted on behalf of the company yet?

Investment return tax

Posted 28 July 2015

How much tax will I pay for my investment returns?

How much tax should I be paying?

Posted 28 July 2015

I want to know how much tax I am supposed to be paying on a salary of R34000.00 per month. This month I received a bonus and PAYE tax was almost double what I usually pay. Please assist me here.

IRP5 indication of refund

Posted 28 July 2015

Is there any indication on my IRP5 to show me if there is a refund due to me?

Can I expect a refund?

Posted 28 July 2015

My IRP5 shows total tax is R40,950.33. How much can I expect to get?

Medical costs for gynaecologist and ante-natal

Posted 28 July 2015

I have made co-payments to my gynae for ante-natal visits and delivery. How do I claim this back, and can I claim for medication I have paid for over the counter out of my own pocket? My son also visited the dentist, can I claim that as well? Please. Explain. How. Medical claims work. Thanks

Do I qualify for Turn Over Tax?

Posted 28 July 2015

I am a salaried worker paying annual tax. I also do part time photography on weekends. Can I register my photography business for Turn Over Tax? My annual turn over ranges between R150k-R300k. I have read all the qualifying questions for Turn Over Tax and qualify, but the question is; Is photography deemed as a professional service? It is not listed specifically in the SARS professional services.

Do I qualify for return on the tax I paid?

Posted 28 July 2015

I was retenched in 2013 January and collected my provident funds in 2014. I collected R50,000, total was R80,000 and paid tax of R30,000. Do I qualify for a return?

Will tax returns from previous years be counted?

Posted 28 July 2015

Hi I worked for more than five companies and I never claimed my tax, will those past years be counted?

Total refund from tax man

Posted 28 July 2015

I need to know what my Total Refund will be from the tax man?

Do I have the right to claim tax for the last ten years or not?

Posted 28 July 2015

I would like to ask if I work for company for 10 years, now resign and am not working there, and pay as you earn was deducted - was I supposed to claim or not?

Tax Refund for people on work permit leaving the country forever

Posted 28 July 2015

I am a non South African passport holder and have been working in Johannesburg on work permit from January 2014 till June 2015. I have left the country in June 2015. So my question is how do apply for a tax refund for the tax that was deducted in the months of April'15, May'15 and June 2015. The return would obviously be required to be filed now in the next year i. E. 2016. So is there any way that I could claim the refund now ?

Thanks

How best to set up my photography business with regards to taxation?

Posted 28 July 2015

Hello Tax Tim I work as an analyst full time; and in my free time I follow my passion for music and photography and take photos at festivals, clubs, pubs and other events. I have been building up a profile over the past few years of my work and now I have artists and their relative management agencies showing interest in procuring some of my images.

I have not registered a company yet, nor have I sold any images as I first want to ensure I set up my "business" and contract documents correctly so my clients and I are covered fairly and equally...

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PAYE deduction differs from tax tables

Posted 28 July 2015

Hi, I have been looking at my PAYE Deductions from my employer and comparing them to the published PAYE Tables from SARS for each relevant year. I even tried to use your tax calculator which also gave the me the SARS Taxtable PAYE deduction amount. I have noticed that in the Payslips we get generated from Pastel Payroll, the PAYE deductions are roughly R150-R220 higher than the same Taxable salary deduction amount according to the SARS Tax table. I know 150 odd Rand doesn't seem like much but ov...

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Correct PAYE deduction by employer

Posted 28 July 2015

Hi Tax Tim, My gross salary is R7625. PAYE of R866 was being deducted from my salary for the 2015 tax year. I am aware that more was being deducted than necessary. Please advise what should have been deducted and how this will affect my tax return?

Two employers. Do I have to register as a provisional tax payer?

Posted 28 July 2015

I receive an income from two employers. R10 000 from the one, who obviously deducts PAYE and R4500 from the other, who does not deduct PAYE, as the amount falls under the threshold.

Do I have to register as a provisional tax payer or can I register at the end of the year when assessments are due? I have never registered to file a tax return before, as my income has always been exempt from having to file tax returns. This will be my first time filing a tax return.

Entertainment allowances exceeded

Posted 28 July 2015

If an employee receives an entertainment allowance in advance and he goes and incurs expenses over and above the allowance and keeps records of this, what happens to the additional expenses?
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