Car allowance for not owned vehicle
Posted 28 July 2015
I am receiving a car allowance as I am using my own car and am a sales rep. The car is not in my name, it's in my brothers name, but I am paying him an amount of R3200.00 per month. SARS requested me to send them the lease agreement or similar in order to complete my audit, what can I sent to them?
I also entered the cost price on my SARS eFiling as R150000 instead of R105000, how do I get that corrected?
Claiming for elderly dependants medical aid contributions - Supporting documents
Posted 28 July 2015
My parents are both pensioners and dependent on me financially. I pay for their medical aid, while I am on another medical aid. I have included both medical aids on my tax return, with the appropriate number on dependents noted every month.
SARS has asked for supporting documents to be submitted. I submitted: yearly contribution summaries from both medical aids, monthly invoices from my parent's medical aid addressed to me with my bank account details on them, debit order statement from my bank showing both being deducted every month as well as a covering letter explaining the situation. ...
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IRP5 banking details differ at SARS
Posted 28 July 2015
An employee in my department had his salary paid into his wife's bank account. Upon the entity providing him with his IRP 5, he stated that the HR department must have requested the information which he would like to have on his IRP 5, probably because now his registered details with SARS, (banking details), will not correspond to the details on his IRP5.
Is the onus not on the employee to provide the company with valid and correct banking details?
Or can the employee change t...
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Claiming medical bills from SARS
Posted 28 July 2015
I paid almost 10k in medical bills which medical aid did not cover. Yet SARS only paid me R100.00 back.
Tracking progress after submitting documents
Posted 28 July 2015
How do I track progress after submitting my documents to SARS?
Can I get a closer date for my pay out?
Posted 28 July 2015
I have done my tax returns and received a pay out date. Can't it be moved forward?
What does due by you means?
Posted 27 July 2015
I received an email this morning it says amount due by you. What does this mean?
Severance payment
Posted 27 July 2015
What are the tax implications for compensation resulting from unfair dismissal by an employer?
Paying my Mother's medical aid
Posted 25 July 2015
I pay my Mother's medical aid premiums. These deduct from my savings account via a debit order every month. My Mother is fully dependent on myself financially (no income, no assets, nothing). She is 62 years of age. She is NOT disabled. She receives a SASSA grant. Her Medical aid is in her own name, and she is the main member. The reason she is not on my medical aid, is because my medical aid wanted to add a loading to her premium.
Can I claim this monthly premiums back from SARS?
How is the 3703 travel allowance calculated?
Posted 25 July 2015
I received a reimbursive travel allowance under code 3703 of about 41 000 on my IRP5. I traveled over 8000 km and my rate was above the gazetted rate of 3. 30 for part of the year.
1) Will SARS reduce my taxable travel allowance by 30 555(8000*3. 30).
2) If I kept a log book is they a section that I will enter the deductible amount on my IRP5 and what is the code.
3) Will I get a refund if my deduction amount exceeds my taxable travel allowance amount or is it limited to ...
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Two IT3c certificates - do I use both?
Posted 25 July 2015
I received 2 IT3c forms for the same investment. Do I use both to complete my tax return? One is related to capital gains, source code 4250, and the other to income from investments.
We are married in community of property. How should we do the tax filing?
Posted 24 July 2015
We are married in community of property. We are both registered with SARS. We both do not work for a employer. We receive investment and rental income on the Husbands name.
Does the Husband report all the investment and rental income on his tax return or should it be split and then reported on the Husband and Wife's tax filing? If the investment and rental income is only reported on the Husbands tax filing what should be filed on the Wife's tax filing? Should both also pay Provisio...
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IRP5 not available from employer
Posted 24 July 2015
If I had not received my IRP5 from my employer and need to submit supporting documents, are the ones from the ITR12 suitable to attach on SARS eFilling?
Doing tax return for first time - what do I need?
Posted 24 July 2015
What kind of information is required to do a tax return for the first time?
Got an ITA34 and am in audit. How long will it take for refund?
Posted 24 July 2015
Hello, I have filed for first time tax returns and they said it went into audit because i filed only for 6 months pay, however I have now provided them with all docs required. I have received an ITA34 showing how much I get refunded.
Could you please tell me how long will it take for me to refund the money into my account?
IRP5 missing for 2007
Posted 24 July 2015
I have been doing SARS eFiling since 2010 (first assessment submitted for 2009). My question is that SARS can not refund the payment due to me for my submitted 2015 assessment as my tax returns for 2007 and 2008 are still outstanding.
The company informed me that no IRP5's for that two years are still available. What do I do now? My income was less than R100 000 a year though - is there any way that I can submit a nil tax return? I can not indicate that I was unemployed for the years...
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SARS does not have my banking details
Posted 24 July 2015
SARS does not have my banking details. Do I need to physically take them to SARS office?
Why is my home office selected for verification second year in a row?
Posted 23 July 2015
I work from my home office as a graphic designer. My annual income is under R500 000. This is the second year in a row I've been selected for verification. Any idea why and what does it mean? What should I be doing differently to prevent being flagged? Is it a reflection I'm doing something wrong?
How do I know what the status of my audit or verification is?
Posted 23 July 2015
Hi TaxTim. How do I know what the status of my Audit or verification is? I've submitted supporting documents on the same day 8 July 2015. They usually say 30 days but in the past it was usually sorted out within a few days. I'm due a refund of R28k.
I made a silly mistake :(
Posted 23 July 2015
Hi there TaxTim
I religiously file my tax returns every year and made a horrid mistake this year. I was due a refund from my 2015 tax return (did the return on 01/07/2015) and haven't received it as yet. After calling their call centre, I was told to complete my 2011 tax return. I did this and checked my 2010 and 2009 to ensure all information was correct, accurate and submitted. (I was thinking, chances are, they would tell me to submit 2010 and 2009 to process my refund after submitting 2011. )...
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Tax refund for registering with health profesionals council
Posted 23 July 2015
Can I get a tax refund for registering with the Health Professions Council of South Africa (HPCSA)?
Can I dropoff documents for review in the SARS office box?
Posted 23 July 2015
I have submitted my tax return via SARS eFiling and have been requested to submit the documents for review. I am not able to upload those on SARS eFiling. Can I copy them and deliver them into the box outside the Randburg SARS office?
Scared because amount refundable to me is negative amount
Posted 23 July 2015
I have just submitted my tax and it says the following "Thank you for submitting your income tax return for the 2015 year of assessment. Your assessment has been concluded and reflects an amount refundable to you of R -11958. 52"
Does that mean I owe SARS R11958. 52?
What is the difference between a Tax Certificate and the Tax Directive?
Posted 23 July 2015
What is the difference between a Tax Certificate and the Tax Directive? I have asked my Funds Administrator from my previous work to provide me with a Tax Directive but they sent me a Tax Certificate. I am getting a message from SARS that my tax return has been put on-hold because there is a Tax Directive that's outstanding. Please assist.
When does a company qualify for a refund from SARS?
Posted 23 July 2015
If a company makes a loss does SARS refund them some of the expenses? Otherwise when does a company usually receive a refund from SARS?
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