Do not know how to complete the Local Business, trade and professional income section

Written by Evan
Posted 22 October 2015
I am struggling to capture my income and expenses generated as a consultant. I do not know which fields to complete having gone into Local Business, trade and professional income.
Please help with supporting documentation.

Written by Marc
Posted 22 October 2015
Can I submit my supporting documents to you? Or must I do it via eFiling?
The email from both SARS and you does not clearly indicate which documents to submit. Regards
Difference between source code 4001 and 4002?

Written by Evan
Posted 22 October 2015
The retirement form questions on TaxTim ask if I have code 4002 on my IRP5. I don't have 4002 (ARREAR PENSION FUND CONTRIBUTIONS), but I have 4001 (CURRENT PENSION FUND CONTRIBUTIONS).
Can I not claim for this contribution?
Additional income capture for private work I was not taxed on

Written by Evan
Posted 21 October 2015
I did some private work during 2014 for which I was remunerated, but not taxed. Please advise how to add this to my tax return and how to claim for the expenses incurred in this period as well.
This is my first time to submit my tax return

Written by Marc
Posted 21 October 2015
I have never submitted a tax return before, will I be penalised for this
Are penalties incurred for late payment to the Municipality vatable?

Written by Evan
Posted 21 October 2015
I would like to know whether late payment of license disks for company cars and the related fines and penalties are vatable, that is, can you claim input tax on the penalties and fines incurred to the traffic department?
Can I claim tax if I bought clothes from overseas

Written by Marc
Posted 21 October 2015
Can I claim the tax that I've being charged because of buying clothes from overseas? If I bought something online from overseas when I go and collect my parcel they are charging me tax from the post office.
Registering as a freelance tax payer

Written by Marc
Posted 20 October 2015
Hi there, I have been working from home for a couple of months now for a company I used to work in-house full time for. Better explained - I now work on a freelance basis for the same company but I get a weekly salary, the same each week and its on-going. I had the understanding that my tax was being deducted off my salary, that the company was taking care of this. I recently realised that this is not the case and I should have registered as a freelance practitioner and taken care of my own tax....
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How do I know if sars still owes me money

Written by Marc
Posted 20 October 2015
Hi, I am not working at the moment have been unemployed since 2014 March, would like to know if there is anything that I should submit since I was last employed at FNB in March 2014 when I received my pension, According to me the banks and SARS are usually accurate when it comes to deducting the tax from bank employees but I do not want any surprises. How can I find out whether SARS owes me or I owe them anything,the last letter I got said that I was being penelised,How can this be if im not eve...
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Does money for food etc from your parents need to be declared with SARS?

Written by Marc
Posted 20 October 2015
If I earned money from one company from July 2014 to February 2015, and received money from my parents to buy food etc during university from March 2014 to June 2014, do I need to submit a tax return for the 2014/2015 financial year?
What is going on with my tax return

Written by Marc
Posted 19 October 2015
I did my tax but since, I received nothing from SARS how can I found out what is going on.
How long does take to receive your refund after 30 days audit process is completed

Written by Marc
Posted 19 October 2015
Hi My mother submitted her tax returns in August she was selected for an audit on her 2014 tax returns which the statement of account issued has 21 000 she submitted all her required docs but nothing has happened since then. And to make matters even worse she never received a letter stating she is selected for an audit. So how long does the audit process take and is there something we can do to speed up the process
Still waiting for my payout

Written by Evan
Posted 19 October 2015
I returned my IRP5 forms early September 2015 but have not received the amount due to me. When do I get paid?
Cost of rental income tax seems too high

Written by Marc
Posted 19 October 2015
I have declared rental income of a rental income profit of R17445. But SARS are telling me my rental income sent me into another tax bracket and I therefore owe R20308. This seems wrong to me - surely the extra income that is in the new tax bracket should be subject to more tax but I should never make a "loss" by earning more?
Gross salary IRP5 code?

Written by Marc
Posted 19 October 2015
When you ask in the Income Tax Calculator "Your gross salary is the entire amount, including all benefits, that your boss pays you. " What code should I be looking for on my IRP5?
Prescription period for UIF payments to government

Written by Marc
Posted 17 October 2015
What is the prescription period for outstanding UIF payments to the UIF Commissioner?
Who qualifies for a tax refund from SARS?

Written by Marc
Posted 17 October 2015
Hi,who can claim for a tax return? I was working at the hotel for quite sometime but how do I know if I was registered and should claim or not
Vehicle Purchased For Business and Personal

Written by Marc
Posted 16 October 2015
I recently purchased a car cash for business and personal use. The amount paid was R103,000. How can I go about claiming a portion thereof as a tax deductible expense if I also use it for my business?
Is PAYE deducted on a basic wage or on a wage including provident contributions from the employer ?

Written by Marc
Posted 16 October 2015
I need a wage structure where the employer contributes 8% to a provident fund and the employee contributes 7. 5% to the same provident fund. How and when is PAYE deducted? Do you add the 8% to the basic wage and then deduct PAYE?
Why did SARS reverse my funds as a refund?

Written by Marc
Posted 16 October 2015
I did my tax return via SARS eFilling on Monday the 12th of October and called the call centre to ask if I was required to submit any documentation which they said no. When I called again on Thursday I was told that the amount due to me has been released and will be in my account on Friday. On the same day (Thursday) I received a msg saying that they want supporting documents. My question how possible is this as the money was going to be released to it now being reversed, and how long should I w...
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Tax implication working as a consultant

Written by Marc
Posted 16 October 2015
If I earn a salary that's taxable plus an amount working as a consultant for a different company what is that tax implication on the extra amount earned as a consultant?
Would a non-resident get S6A and S6B rebates as well?

Written by Marc
Posted 15 October 2015
Would a non-resident get S6A and S6B rebates as well?
It's been over 2 months, but I haven't received my refund yet.

Written by Marc
Posted 15 October 2015
Hi! I submitted my tax return on 2015/08/06. I received my ITA34 Notice of Assessment shortly thereafter, but it's been over 2 months and I haven't received my refund yet, or any further communication from SARS. On my ITA34, there is an "N" next to "Selected for audit or verification," so I'm confused as to why this process is taking so long? Please assist.
Do I need to declare investments outside SA?

Written by Marc
Posted 15 October 2015
I have been living outside of South Africa for longer than 2 years. I have been investing money outside of SA. The currency is USD. Do I need to declare this investment in my tax return. The money was earned outside the country, and I have not yet tax returned to SA.
When will I obtain my tax refund?

Written by Marc
Posted 15 October 2015
I have worked in South Africa from 1-Sep-2014 till 31-Aug-2015. In the income tax year 2014-2015, I have only worked for 6 months, and I qualify for a refund. I have e-filed my tax return in June, but yet to get my refund in my bank account. I have also verified banking details, proof of residence and proof of identification at the Centurion Tax office. I am an Indian National
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