Limit on medical expenses claimed by an older than 65 taxpayer?

Posted 12 February 2014

Is there a provision in the tax act which limits the amount of medical expenses (not medical aid contributions) that a taxpayer older than 65 may claim, to not more than 50% of their taxable income? I have been told this by a SARS employee in response to a query re a revised assessment disallowing some medical expenses.

Need to register eFiling for my mom?

Posted 11 February 2014

How to go about registering for someone if you have power of attorney?

Avoid annoyance of IRP6 submission?

Posted 9 February 2014

I am a pensioner and get a pension that is taxed plus RA payments and receive interest on investments that are below taxable.

How do I avoid filling in a IRP6?

How much of the inheritance should I allocate for personal income tax/estate duty?

Posted 7 February 2014

The lawyer who is finalising my uncle's will / estate said we would all be paid out by the end of Feb. There is no property or anything that is getting transferred only cash payments made to those of us in his will. What tax will I have to pay on it? Is there a limit/bracket/ceiling? and lastly even if we've got a lawyer dealing with it the estate, will the lawyer take care of the estate duty before paying out the beneficiaries?

Tax difference on bonuses?

Posted 3 February 2014

how does my tax work on my annual bonus. I earn R7500 p/m and pay R343.34 in tax why when I get a 13 cheques does my tax go up to R1693.33.

Second provisional tax calculation and supporting documents required?

Posted 30 January 2014

How do we calculate second provisional tax and what documents are required?

I am confused when IRP6 and IRT12 forms must be submitted?

Posted 29 January 2014

My dad is considered a provisional taxpayer with SARS. I am confused as to when he must submit IRP6 and IRT12 forms?

WEAR-AND-TEAR OR DEPRECIATION ALLOWANCE of INCOME TAX ACT NO. 58 OF 1962?

Posted 28 January 2014

WEAR-AND-TEAR OR DEPRECIATION ALLOWANCE of INCOME TAX ACT NO. 58 OF 1962
is it still valid - can I use this list of depreciation in 2014 or has there been changes made?

Under review by SARS?

Posted 28 January 2014

I live with my Parents and have been running a very small business for about 6 years now, by small I mean very small less than R35 000 turnover per year. I have been doing my eFiling all the time and have never had any problems from my side and from SARS' side. I have just done my 2013 returns and the only difference from last year is that I have made my business even smaller with less turnover and profit, now suddenly I receive a mail saying I am under review and I must submit supporting docs. ...

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Business expense refund?

Posted 27 January 2014

I have my own private practice. What percentage of my business expenses occurred throughout the year can I expect to get back?

What date should I use for my Provisional Tax EFT payment as part of my 19-digit reference?

Posted 27 January 2014

If I want to pay my provisional tax to SARS. First payment was due 31 August 2013 but I'm only making it now. I want to make this payment via EFT but cannot figure out what date is required in my 19-digit reference. I know the "dd" in "ddmmyyyy" is replaced with "00" but which month and year should I put in "mmyyyy"?

Pension fund deduction claims?

Posted 27 January 2014

I am salaried individual PF deducted @12% , apart from that I am contributing to VPF also(Which is under 80C).

When ask for tax exemption for the VPF amount what I had paid, they say you are not eligible to claim, since already 12% deducted from your basic.

Please any document proof if available

How do I process my income tax return?

Posted 23 January 2014

How do I know if I got money from SARS and how can I claim it?

Removing uploaded documents off sars e-filing

Posted 17 January 2014

Is there a way to remove supporting documents that I have uploaded on the SARS eFiling website?

Capital gains tax on share portfolio?

Posted 16 January 2014

I have a stock market share portfolio. I have received a summary of capital gain for the 2013 tax year. Do I declare this gain even though the gain is still in my portfolio & not in my pocket? The amount is not shown on the IT3b as is the interest & dividends.

IRP5 corrected but not on eFiling?

Posted 15 January 2014

I was issued an IRP5 with incorrect amounts, now corrected and have a new IRP5, but on SARS eFiling the old one is still on. What now, have 2 weeks to file?

I am not employed, can I still register?

Posted 9 January 2014

I am unemployed, can I still register for a tax number, if yes which documents is required from me to register?

i want to pay

Posted 9 January 2014

I already filled in my tax I want to pay now

Foreign student earning salary and noticed 25% PAYU deduction??

Posted 8 January 2014

I am a Dutch student doing research work twice a week with a local university, I am legally allowed to work and earn a salary with the university.
I however received my first payslip and notice PAYE deduction of 25%, will this money be lost or can I claim it back when I go back to Holland??

Hope to hear from you

Thx

Confused about a tax audit?

Posted 26 December 2013

Hi Tim

I made a mistake on my tax return and included my employer contribution plus my own contribution to the company pension as well as my RA contribution under the RA section of the ITR12 as I was confused by the note that came up on screen saying the amount should also include the pension amounts appearing on the IRP5. I was uncertain but erred by putting down the full pension and RA contribution amounts.

However, I think this flagged me for an audit (never happened bef...

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Income & Expenses sent in my tax return and only income was acknowledged.

Posted 19 December 2013

What will happen with my 2010 tax return that SARS did not "allow" for my expenses, only my income and are now asking for a huge amount that I owe them?

SARS not reviewing third efilling correction, requesting documents for something I corrected.

Posted 19 December 2013

Great website

I submitted my tax return, via eFiling, and made two corrections (Re-filed) the one was a medical expense correction where I was a few rand off, and the second was depreciation of an iPad for business use (Calculated for 50 percent business and 50 percent personal) - On the initial return I depreciated the full amount (R2033) and on the third correction on my return I depreciated over three years (R190)

I submitted documents for review and audit, and today I received a SARS letter request to submit documents review for the R2033 amount. For some reason SARS is not picking up my third e-filling correction....

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Where do I find link to 'Directives' on home page of website?

Posted 17 December 2013

Where do I find link to 'Directives' on home page of website?
'Services' does not include a sub heading 'Directives'.

I don't understand the SMS received: statement of account has been issued on SARS eFiling?? meaning?

Posted 15 December 2013

i received a sms : a statement of account has been issued on SARS eFiling? when can I get my money

URGENT - SARS sent me an email - what to do?

Posted 14 December 2013

I received a email from SARS eFiling that says "A payment has been made into your account from Sars-Efiling,it will take a period of 5 working days to reflect,during this process your account will be checked and verified" .How do I know it is not a scam, will you please help me to find out if it is true?
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