Two different IT34's

Posted 6 July 2015

Good Day. I submitted my tax return on e-filing. I got an It34 stating an amount to be paid back to me. I then realised that their was a R4 difference on my laptop depreciation. I corrected it and resubmitted my Tax return (as they requested laptop invoice and figures need to match) I did the calculation and it showed about R4 less that I would be receiving back. But I then received another IT34 stating that I owed SARS R4. Which IT34 is correct? I changed an amount by R4 I can't possibly lo...

Read more →

Statement of account was issued, does it mean my audit is finalized?

Posted 6 July 2015

I have been selected for Audit, I electronically submitted the supporting documentation after which SARS issued a statement of account, does this mean the Audit is finalized? Can I expect my refund?

SARS Refund 2015

Posted 6 July 2015

I submitted on 1 July 2015. No extra documents were asked for. Last year I received the refund within 3 days. I have still not received my refund for 2015. Did rules change for 2015?

What can be claimed in case of a second property bought in the current tax year?

Posted 6 July 2015

Hi Tim,
I bought a flat in April 2014, which is rented out to students to supplement my income once I retire. What can I claim from SARS for the tax year ending February 2015, i. E. Transfer costs, bond repayment, levies, municipal services, maintenance, security upgrades? Your advice will be appreciated.

Employed Commission Earner and Investor - Where do I stand?

Posted 5 July 2015

Hello

I am hoping you can help. A few things:

My retirement annuity reflects as code 3697 on my payslip. Is this normal, does it count the same as 4002?

I receive a car allowance, but my vehicle installments, insurance and petrol costs me more, is there a smarter way of doing this?

More than 50% of my salary was commission from a single employer this year. Can I still claim fuel,l insurance and depreciation although I have a car allowance? What other expenses can I legitimately claim (i.e entertainment, networking meetings etc. ) Can I claim for expenses my company have re-imbursed me for?...

Read more →

Payments from SARS

Posted 5 July 2015

Ok so SARS owes me money. Do I have to fill in my banking details again under my online SARS eFiling profile, and which option should I choose?

Thanks

Is it a scam or is it legal within SARS to do tax return for commission on refund?

Posted 4 July 2015

I would like to know if I can claim my tax return via people around the community who claim that they doing it for business purpose where we have to pay them 30% of the money we get after they claimed for us?

Medical refund for 69 year old

Posted 4 July 2015

I am 69 years old and paid over R32,000 in medical aid expenses. How much of this can I expect to get back?

How long does it take for SARS to pay me after audit?

Posted 4 July 2015

I submitted my IT return on the 1 July 2015 and were asked to scan my documents. Which I did at Kimberly branch. I received a long SMS about an audit. How long does it take for SARS to refund me after scanning my documents?

Supporting documents for tax return - don't have medical receipts

Posted 4 July 2015

Hi,

I have been selected to provide supporting documentation relating to my personal tax return, I accidentally submitted my return twice and now I have to provide the documents. I only have my IRP5 and medical tax certificates available which I used to complete my return but I do not have any receipts available that I saved for medical expenses paid from my own pocket.

Would this be a problem if I only then submit what I have available?

Tuck shop registration

Posted 3 July 2015

Where can I register my tuck shop ?

Where to enter medical costs incurred which does not reflect on IRP5

Posted 3 July 2015

On my Irp5 I have R5,911 under source code 4116 for medical scheme fees tax credit! I however have paid cash for some visits and this does not reflect as these were doctors not affiliated to medical schemes! How do I go about adding the amounts I spent and where do I add them and which source codes to use?

Review then audit. How long will this take?

Posted 3 July 2015

I submitted my e-filling yesterday, I was selected for a review I then requested a correction as I made a mistake. I have submitted all the documentation requested but now it seems I am being audited.

I had a company car for the first 17 days of March last year which I submitted a logbook for. How long will this take, do I need to be concerned is there a penalty to making a mistake?

Is it possible for you to deduct your money of R249 from the money that I will get from SARS?

Posted 3 July 2015

My problem is, I submitted my tax return in 2014 via TaxTim but I have not received anything from SARS. My colleagues earning the same salary have received some money from SARS in 2015. They have submitted their tax return via other agents.

Medical contribution 4005 but my employer doesn't pay

Posted 3 July 2015

Good day
My employer doesn't contribute to my medical aid, however under code 4005 on my IRP5 my medical contributions I paid in my personal capacity are shown. Is this correct? If not can I change it myself on IRP5 to R0 when doing my return and put that figure that appeared under 4005 to 4040?
Many thanks

I submitted my tax return on 1 July (2 days ago), How long would it take for them to pay me?

Posted 3 July 2015

I submitted my tax return on 1 July (2 days ago). I received instant notification that I had money due to me from SARS. How long would it take for them to pay me?

Can't locate my IRP5 form for 2007, SARS holding back my current refund

Posted 3 July 2015

Hi Tim,

I submitted my tax return on the 1st of July and immediately got my IR34 form and thought everything was in order. When calling the call centre yesterday they told me my refund will be held back because I didn't submit my return for 2007??

I went onto my efiling and then opened the 2007 form which I submitted blank and then got a letter stating they want documents. I then asked my employer to locate my IRP5 form for 2007 and they came back to me today saying they o...

Read more →

TaxTim telephone number

Posted 3 July 2015

I would like TaxTim to assist me with my tax return. How do I contact them telephonically for unclear issues I would like to know?

Minus sign means a refund?

Posted 3 July 2015

Hi, I have submitted my return on the 1st July 2015 through e-filing and received a notice of assessment, when should I expect a payment?

Does the minus sign mean I'm getting a refund?

Posted 3 July 2015

Does the minus sign mean I'm getting a refund? eg.

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 -15511.53.

Docs required for proof of profit on sale of house

Posted 3 July 2015

Hi Tim. I sold my primary residence and realised a profit of just over R1m on it. I know that the allowable deduction is R2m. Given my past experiences though, on the assumption that SARS wants to audit this transaction, what supplementary proof do I need (I have copies of confirmation of payment slips from my account). Would I need to show bank statements as well?

How to Claim for desk cost and how to submit my tax return?

Posted 2 July 2015

July 2014-Feb 2015 I was a recruitment consultant. I did not receive a salary, I simply paid a R5000 desk cost per month, which I believe I can claim back for. In the 8 months, I only earned 3 amounts, all adding up to approximately R40 000. How do I submit a tax return- I had no salary, I can claim for desk cost and flights, and I earned very little?

Will SARS refund if the old banking details are used and the account is closed?

Posted 2 July 2015

I went to SARS to change my banking details. . Was told it was submitted. Bt when I file. It will automatically pull out the old banking details. Of which the account is closed. . Should I do eFiling. Will the bank reverse it to SARS and thy can do a refund in my account? Please help. .

Will I get the tax from the previous company

Posted 2 July 2015

I resigned from a company called Ogatin in 2009 and never claimed any tax while working for it, now I'm working for another company which I started last year in May. My question is when I claim tax from SARS this year will I get money from the previous company as well if they owe me?

SARS need IRP5 which I never received what must I do?

Posted 2 July 2015

I submitted my IRP5 for 2014 and received a sms showing that SARS owed me a refund but now they need another IRP5 which I don't have what must I do?
Older posts →← Newer posts    42  43  44  45  46  47  48  49  50  51  52  53  54  55  56  57  58  59  60  61  62