Please give an example how to calculate the medical rebates?
Posted 19 August 2014
Tim,I am a Mathematical Literacy teacher and we do tax calculations. Is it possible to give an example how to calculate the medical rebates?
Does a "Statement of Account: Assessed Tax" mean the process is complete?
Posted 18 August 2014
My original tax assessment was submitted on 29 July. SARS requested for supporting documentation and this was uploaded through eFiling on 30 July. On 6 August a document named "Statement of Account: Assessed Tax" was uploaded to my eFiling profile, but I have not received any notification or payment from SARS. Does the Statement of Account mean that the process is now complete? I have always received my refund within a matter of days, but it is now 12 days later and I haven't heard anything from...
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Is my travel allowance too high for tax purposes?
Posted 18 August 2014
Please help, I receive a fixed travel allowance of R9400pm (car R4400 fuel R5000) under code 3701 which is taxed at 80% by my employer. My cars value is 160K and I do approximately 45K a year (12-15K personal) I keep a logbook. Will this be regarded negatively by SARS and more importantly would I possibly have to pay in an amount?
I'll pay the amount in months to SARS?
Posted 17 August 2014
I owe sars 2200 how do I pay that amount cause I dont have cash. i'll pay that amount in 8months
Why am I not receiving my refund from SARS?
Posted 16 August 2014
I submitte my return but they didn't pay me
Does electronic refund shows my funds are coming
Posted 15 August 2014
What does it mean if my statement of account reads electronic refunds" showing a date for tomorrow? i.e. checked today, 15/08/2014 and electronic refund shows 16/08/2014. does it mean that my refund will reflect in my bank account tomorrow, 16/08/2014?
Tax Free Unit Trust Investments?
Posted 15 August 2014
Is there any other tax saving unit trust that one can invest in other than an RA or Pension fund. I heard there is a R 30 000 pa allowance if you invest in the right unit trust (or is this from 2016?)
When am I getting tax refund from SARS ?
Posted 15 August 2014
I have already submitted my request for the year 2014 but did not receive money from SARS as yet, I have scanned and emailed through the documents and 21 days is over since.
What is Personal Income Tax Assurance Audit?
Posted 15 August 2014
Hi Tim,
I submitted my tax return on the 1st of July and got a letter to submit documents which I did and corrected a mistake that was in filling the return on the same day. I am not sure why but I received 2 letters and I decided to attach the documentation to the other one on the 17th. I have a refund due to me but every time I call the tell me I am still being audited. PIT Assurance Audit- what kind is that? I haven't heard anything from them asking for anything but they tell me th...
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need to submit another irp5
Posted 15 August 2014
Could you please help me? I am registered on eFiling and received a ITR12 from my previous employer submitted on eFiling, I filled in all the details and submitted to SARS and was assessed and I received a refund. Now I received a IRP5 from my current employer but is not submitted on eFiling by them. Can I submit this IRP5 on eFiling and if so how do I do that?
Full time with extra income tax bracket query
Posted 14 August 2014
I am a full time employee, but I recently earned extra income by doing freelance work. The income earned from my freelance work was not taxed before I received payment.
How do I calculate the correct amount to keep aside for tax from the freelance income?
I understand its something to do with adding my full time taxable salary with the income from freelance work, but there is potential that I may fall into a new tax bracket, is there a formula that I can apply to derive the corr...
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How to get ITR12 from SARS eFiling?
Posted 14 August 2014
How do I submit my documents through eFiling? I registered in eFiling but I cannot get ITR12 form when I login?
What is an ITA34?
Posted 13 August 2014
I received a letter subjected as income tax ITA34 - what does this mean?
Aug 1st "Completion letter" now "Assessment received"
Posted 13 August 2014
Hi Tim, You have a really good and informative site, that is the best I have ever seen regarding "SARS"...pfft that dreaded name.I received a letter on efilling on 1 August '14 - "Completion letter" and everyone told me I will get the refund money in 2-3 day. Now the status reads "Assessment received". What does this mean??? I changed my banking details and submitted all documents manually and on effiling in July Already.... What shall be the problem or what is...
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Assessment audited, now, "awaiting case selection approval".
Posted 13 August 2014
I recently got a completion letter from SARS on my SARS eFiling profile. This was given on the 4th of August 2014. This explained that there had been no adjustments to my previous assessment. I have called SARS for a payment release date and I am told that my assessment is now "waiting case selection approval". This is after having been audited already. Is this a new audit introduced by SARS and if so what is the next step from here?
I have received a verification letter from SARS?
Posted 13 August 2014
I have received a notification that my 2014 SARS verification has been completed and there is no adjustment to be made so I am due my refund. How long dies SARS take to do the refund and do I need to wait for a new ITA34?
Non Taxable Travel Allowanc exceeds maximum permissible. Source Code 3702
Posted 12 August 2014
On my IRP5 I have a Source code of 3702 which is for my non-taxable travel allowance. When I submitted my tax return I received a letter from SARS saying that I need to submit relevant documentation because my non taxable travel allowance exceeds maximum permissible. This is not true as my total amount was only R2211 which is clearly less than the permitted 8000km. As I did not keep a log book what relevant documentation do I need to submit? As I understand, since my travel allowance is less tha...
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What is a SARS audit after I have submitted my ITR12?
Posted 12 August 2014
i want to know when they say that your return is been audited why it has to be audited and how long will it take
Reducing PAYE each month when paid by my employer?
Posted 12 August 2014
I receive a gross amount of R7000 a month from my employer.
Privately I pay medical aid and money to a Retirement annuity.
If I submit proof of this to my employer, can he reduce PAYE payments/deductions from my salary, taking into account these allowable deductions.
If my employer can do this does it then exclude me from having to file a tax return.
Submitted documents by post, still haven't receive a response from SARS?
Posted 12 August 2014
I have posted IT77 form and documents for registration of a tax number its been 10 days and I haven't received any response and now I don't have reference number I can use to call help line. So now I was wondering is there another way of checking my application status for tax number?
I am waiting for a payment from SARS?
Posted 12 August 2014
I got a completion letter on the 04th August 2014. I have also received statement of accounts on the 05/06/07 and 11th August 2014. What does this all mean? Still no payment has been made.
Last year there was a refund due to me but I did not receive what shall I do?
Posted 10 August 2014
What should I do to receive my last year's refund due to me because I am currently unemployed?
Do I need to submit tax return for rental income (only income apart from maintenance) of R80 000?
Posted 10 August 2014
I am divorced, not employed and receive monthly maintenance - which is tax free as far as I know? Only other income from rental (annual total for 2014: R80 000). Do I need to submit a tax return?
Unemployed, still claim for medical aid and RA ?
Posted 9 August 2014
Hi TimI have been unemployed this year so have had no income, but have still paid monthly for my medical aid (me and my daughter) and for my RA. Would I be able to claim any tax rebate/refund for the medical aid or RA ?? Thanks Canz
Where is my tax refund from SARS?
Posted 9 August 2014
I submitted my tax return by eFiling on the 25th.7.2014 was then asked to submit supporting documents, which I forwarded on the 28th, and I'd have to wait 5 days for a response. after 7 days, I called into the call centre again. I was informed the submitting documents have been received but not captured yet. I was also informed that the documents are going for auditing and this could take 30 days.
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