Can one change banking details on eFiling?

Posted 4 November 2016

Can one change a business banking details online instead of having to go the nearest SARS Branch as stated in a message sent to me from SARS?

SARS ring-fenced the loss on my rental property, can I request that they revise my assessment?

Posted 14 October 2016

I had a property that I rented out to tenants for the last 4 years. In the 2015/16 tax year, I made a loss on this, due to the expenses exceeding the rental income I received. I reflected this loss in my tax return. SARS then audited my tax return, and they ring-fenced the loss. However, at the end of the 2015/16 tax year, I sold the property, and have obviously not been receiving rent or incurring expenses relating to the property since then. What now happens to the ring-fenced amount? Am I entitled to ask SARS to re-assess given the circumstances? Or do I just accept it as a loss?...

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How do I get SARS to acknowledge my expenses?

Posted 10 October 2016

I sent through all the supporting documents but SARS ignored my expenses and redid my tax return and are now saying that I owe them?

Travel Expenses Code 4015

Posted 20 September 2016

I did my SARS eFilling tax return through TaxTim and I completed the Travel Expenses Section, 4015, as R72902. I am being audited and I am not quite sure anymore what that amount includes, they only thing I can think of to get to such a high figure would be my car payments per month? Please advise what deductions are allowed under this code and what proof I need to send SARS to support this?

How do I submit my returns, TaxTim is asking me to pay again?

Posted 14 September 2016

I paid TaxTim earlier and received a payment confirmation, but whenever I try to complete my return I am requested to make a payment?

Can I claim for my business travel?

Posted 13 September 2016

I submitted my tax return and answered yes to having a logbook, I however cant locate it right now and was wondering if I can resubmit my return and just click the No option on the logbook question instead of yes?

What happens if I use TaxTim already but want to make use of the free Sanlam Reality service?

Posted 1 September 2016

I have been using TaxTim for many years, and now I see that Sanlam Reality is offering TaxTim as a free benefit to its members. How can I start using TaxTim for free if I have already registered?

No logbook but partial spreadsheet, will SARS accept this?

Posted 12 August 2016

I've lost my logbook but have compiled a spreadsheet containing most of the information and trips from memory and other sources. I have my km for the beginning and end of each month, but not for each trip separately. I need to submit my documents through to SARS for audit, but I'm not sure if this will be acceptable? Will they decline my travel claim?

Can I claim if I only worked for 3 years?

Posted 8 August 2016

Hi,I've only been working for almost three years which means ill only be claiming for two years and I'm a contractor can I still claim

Would I be able to get my tax refund?

Posted 5 August 2016

Good day,I was employed for 3 years,and I was dismissed last year february. So would I be able to get my tax fund? And I was supposed to get 40 000 from pension fund but I got 33 000 so I would like to know if I would be able to get my refund?

I can't authorise tax tim

Posted 1 August 2016

I am registered as an organisation rather than a person (it seems) and I am unable to verify Tax Tim in the way you suggest as a result. Can you give me another way?

Can I get refunds on my bond repayments?

Posted 28 July 2016

Can I get refunds on my bond repayments?

Bond repayments on a rental property

Posted 28 July 2016

Rental income which I have declared. The bond repayments, is that part of expenses? What about the extra R1000 which I put towards the bond repayment? Where does this fall? I did not enter it at all. Please help

How do I get the base cost?

Posted 27 July 2016

I recieved a share scheme pay out. I do not have an ITc3? How would I go about completeing the capital gains portion of the document, as I do not have a base cost?

Notice from taxtim that my return is submitted

Posted 26 July 2016

How will I know that taxtim have submitted my tax return

How should joint rental income and expenses be split and declared?

Posted 22 July 2016

My wife and I (married outside of community of property) jointly own a property (50/50). We rent this property out, and receive a rental income in doing so. The lease agreement with our tenant lists both myself and my wife as the lessors. The rental payment from the tenant is made into my own bank account, from where it is balanced into my wife and I's joint monthly household budget. There are also monthly expenses associated with leasing our property, such as maintenance, services, and bond int...

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How much tax must I pay annually if I'm a pensioner earning investment income only?

Posted 21 July 2016

I am 70 years old. IEarn R180,000 interest lumpsum annualy. I have a wife without any income.

No IRP5's

Posted 20 July 2016

I worked for a company. They were liquidated and did not give me IRP5's or upload them to SARS. I don't have salary slips either. How do I submit my tax returns?

Can i claim back the tax I paid while earning commission income?

Posted 20 July 2016

I earned R50 000 commission for the year and paid R6000 tax, can I claim perhaps?

I then started a new job November last year, for which I have my IRP5.

Income calculator if work 4 months in tax year

Posted 19 July 2016

I worked 4 months in tax year and was given severance package will I get a refund or must I pay in as the sars directive indicates no tax payable

Does the ITR12 take into consideration provisional tax already paid for the same tax year.

Posted 17 July 2016

I submitted my provisional income tax documents at the end of Feb 2016 for the tax year March2015-Feb2016 and made payment on the amount declared. I would now like to complete my ITR12 for this same year- how do I know that this form takes into account the amount that I have already paid for the earnings in this period? Is there a place where I need to fill that in? I do not want to pay tax on the same amount twice.

unique identifier required for ITR12?

Posted 17 July 2016

Where do I find the unique identifier required for ITR12? I realise it relates to my profession (occupational therapist), but am unsure how to get this. I have not been allocated one in previous years.

Do I have to submit my IT3 a 2016.

Posted 15 July 2016

Do I need to submit my IT3(a) and will I get any tax returns?

Verification/Audit Outcome

Posted 15 July 2016

Hi. I am in a bit of a panic. My personal tax return was selected for verification/audit. SARS requested that I provide documentation for my depreciation deduction. I've submitted what I have, but don't know whether the docs would be sufficient. What would the outcome be if the depreciation deduction is not deemed valid? Would they just disallow the deduction or am I going to get fined? Do I need professional assistance or should I just wait it out?

How do I pay the amount due by me

Posted 15 July 2016

I've submitted my tax return, I got a message from SARS that says the amount is due by me.. So how do I pay them that amount due
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