Cruise ship salary - is it taxable?

Posted 18 November 2014

I work for a cruise ship company and receive a monthly salary. I have been outside of SA for over 183 days and 60 days consecutively. I do not get an IRP5 from them. I understand that I will be exempt from taxes under s10 (1)(o). I am however uncertain where to document this in my ITR12. Do I document the entire amount under "amounts considered non taxable" under the heading exempt amount? Or do I work out the exempt amount according to the number of days I was abroad? The form also has a sectio...

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What is the - sign for on my ITA34?

Posted 17 November 2014

when an assessment is done and I get a refund amount with a - sign what does it mean e.g refund amount -R 300.00

Refund expectation from SARS?

Posted 17 November 2014

I have a question related to your entry: "What?%u20AC%u2122s the delay with getting my SARS Refund?". I have received my completion letter, so I am done with stage 1. I just wanted to know: Have you had any luck in expediting some refunds at this stage? Would it benefit me to go to a SARS office to try and spur the process on?

Thanks for your help!

SARS need documents. What do I do?

Posted 17 November 2014

SARS need documents. What do I do?

Must I go into SARS to register bank details?

Posted 17 November 2014

Hi TaxTim,

I have submitted my tax return for this season and I am owed a refund by SARS.
I have never filled in my banking details before as have only been working for 1.5 years now. Must one always go into a SARS office to register bank details if one hasn't been asked? Or can I simply do it on efiling and only if they request me to go in, then I should?

Finally, if I am required to take all the banking documentation into a SARS office, can I do it when tax season is over? Or must I do it before the 21st of November? ...

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Documents requested for second time

Posted 16 November 2014

Hi TaxTim,I had my tax return done by a tax practitioner who informed me that I neeeded to submit all documents again after he submitted everything for the first time. After some time I called sars to find out what the progress was and they told me it was all done and sorted, just now I had to wait an additional 30-90 days until sars would pay my tax return. Is this common? Last year I did not have to submit again and received my return after 5 days. Also, will the sum of the first assessment s...

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My Audit with SARS is taking forever...

Posted 15 November 2014

I have submitted my tax in June. Have been audited x2,and still haven't heard anything from them. Went to SARS offices last week, they can't give me any answers, just that it is still with the auditors. What must I do?

Does SARS charge a penalty on the late submission of an income tax return with a refund

Posted 14 November 2014

Hi TaxTim,

This year was my first year of employment and as such I registered for tax. Additionally, I only received a salary for two months during the tax year (January and February). I therefore fall below the tax threshold and should receive a refund of the PAYE that was paid.

I am busy trying to register on e-Filing in order to submit my tax return on time (before the deadline of 21 November 2014). SARS has however requested that I go to the SARS branch to verify my banking details in order to successfully register me on e-Filing....

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If I dismised SARS will pay back my contributions?

Posted 14 November 2014

Can I get something or money back when I not working at my company?

How long does it take for new bank details to be verified?

Posted 14 November 2014

How long does it take for new bank details to be verified? I went into a SARS branch and submitted all documents, and received a confirmation email saying that my 'updated registered particulars can be viewed on efiling'. However, my bank details have not updated on efiling, and it won't let me submit my return until the new details have been verified. Tax returns are due next week Friday

Depreciation Disallowed?

Posted 14 November 2014

On my previous ITA34 SARS said that the amount refundable to me was R-6153.46 (there was a depreciation value of R2533.00 for a laptop that I use for work purposes). Now I have received a new ITA34 assessment stating that I owe SARS R633.25. The statement says DEPRECIATION DISALLOWED.

I sent them the original purchase tax receipt for the laptop, was I supposed to send them something else? What must I do now?

IRP5 form reflecting less periods than worked, but correct remuneration.

Posted 14 November 2014

My company was acquired by 24.com halfway through last year.
On my IRP5 form it lists 4 periods since we were taken over, but only 6 periods for the time prior to that instead of 8 to make up the full 12 tax months that I was working for.

The remuneration is correct and reflects my payment for all 12 months, but with only 10 periods reflecting and not 12, I am nervous SARS will assume I am paid more monthly than I actually am and move me into a higher tax bracket or claim more tax from me? Please can you advise, I want to submit my IRP5 in time but not its financially detrimental to me and my other colleagues and payroll doesn't seem to know what's potting. ...

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Rebates calculation

Posted 14 November 2014

How does the rebate on your assessment get calculated?

Would like to have a trial run without submitting a returns.

Posted 14 November 2014

I do not want to submit for this past returns.
However I would like a trial run to see what I need for the next one.

Selected for audit and need tax clearance certificate?

Posted 13 November 2014

I have been selected for a SARS audit. I need a tax clearance certificate to continue my business, but it appears that SARS will not issue one. Where do I go from here? It would appear I go out of business because I have been told by SARS that the audit process takes anywhere from 3 to 12 months to complete. Is there anything I can do?

Must amount of R2,15 payable to Sars be paid?

Posted 13 November 2014

My net amount payable for tax assessment is R2,15. Must I pay this amount?

I want to have a tax return claim with TaxTim?

Posted 12 November 2014

I'm a worker and I want to claim my tax returns

Should interest on your home loan be deducted from your rental income?

Posted 12 November 2014

Trying to complete the rental income sections: Did you incur any expenses while earning this rental income?
Does interest on the home loan need to be included here?

Which amounts exactly?

Do I have to file a tax return?

Posted 12 November 2014

I need a clarity on tax return, I am earning less than R250 000.00 per annum. Is it possible for me to claim tax return?

Interest on late refund from SARS?

Posted 12 November 2014

In response to your blog entry "What?%u20AC%u2122s the delay with getting my SARS Refund?". When and how does SARS become liable to pay interest on late refund payments? Surely there must be a mechanism to keep SARS honest when it comes to keeping our money and delaying our refunds?

Receive ITA34 after being audited for 3 months

Posted 11 November 2014

I was audited by SARS from July 2014, received completion letter at the beginning of August 2014 then I was selected for further review but today I received an ITA34 I'm I getting my refund?

CGT on primary residence that was also rented out

Posted 11 November 2014

I lived in a property for a number of years, then rented it out for a few more years after that, and I have now sold the property. It appears that CGT is only applicable to the pro-rata portion of the time that the property was rented out - thanks for the blogs and answers to previous questions on your site I was able to figure that one out. My problem is how to capture this in efiling. Do I pro-rata the base cost and proceeds and enter the reduced amounts? Or do I tick that it is a gain in lieu...

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Tax Return Amount - is it correct?

Posted 11 November 2014

Does the money reflected on the e Filing site as a refund the same amount a person should expect or will it still be assessed and you could receive less/more than that?

Need clarification on whether an ITA34 means they have concluded your review by SARS?

Posted 11 November 2014

I would just like clarity on this. I submitted my return, they asked for supporting docs, I gave my tax certificate of medical aid only and then was issued with a ITA34 which said said I was due a refund.I don't have an ITSA, should we get both? See below. What I am unclear of is the wording, it says the assessment has been concluded but then later on it talks about info not matching and a review. I have looked back on previous returns I have done and it said the same and I got the refunds with no hassle. Just want to know if this is final now or may they come back and request more info or can I expect a payment in the next few days?...

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Status of tax return submitted via T-Filing

Posted 11 November 2014

I just made use of the new T-Filing method (very nice btw). I followed all instructions pertaining to enabling shared access via SARS e-filing. My question is thiswhat happens next? How do I know the transfer was successful, and is there anything left to do from my side?
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