How do I know when my tax return has been accepted/finalised?

Posted 24 October 2013

Hi Tim,

I have read through your blogs and I have to express my amazement. Really great stuff! I

I completed my tax return last night via eFiling and I have only received an ITA34 almost immediately after filing it. According to the ITA34, SARS owes me R4954. Is there a difference between that and a ITSA? I have never received an ITSA in the past, but it seems like everybody does get one. How do I know that everything is in order and that my return is accepted? I have gone...

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What if I earn different amounts per month, how is the tax calculated?

Posted 22 October 2013

What happens if my income varies in different months?Example:Jan-March I earn only R5,000 per monthApril & May I earn R6,500Remainder of the year I earn R5,000I am registered for tax so should I immediately be taxed for the months I earn R6,500?What if it varies even more and I earn a range from R5,000 to R5,990 each month so it goes untaxed but my years payment is over the non-taxed payment collectively for the year, How can I estimate how much I should have in savings if I am requested for...

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Your documents received and still waiting to be assessed after more then 7 days?

Posted 21 October 2013

How long can SARS take?

After an audit has been completed, will SARS use my 'original IT34A assessment'?

Posted 19 October 2013

I recently filed my tax return through the eFiling thing and I was told by SARS that I am being audited. Because I am new to the eFiling thing, I submitted my return twice. The 'original assessment' which showed a -R3,684.00 amount contains the most accurate information as the main difference I noticed between the 'additional assessment' (which stated that I owe SARS over R2,000 ) and the 'original assessment' was the number of people covered on medical aid. In the original assessment, it stated...

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How much must you earn to qualify for a tax refund?

Posted 18 October 2013

How much must you earn to qualify for a tax return?

Working for government. Tax deductions for eg stationary and courses that I have paid for myself?

Posted 17 October 2013

I work for Gauteng Department of education. I am a Therapist and from time to time I buy my own stationary, therapy material and incentives for the children. I also do courses at my own expense. Where do I deduct the above mentioned expenses?

Return - Data Submitted To ITS - what does this mean? I have not been asked for any documents?

Posted 17 October 2013

Return - Data Submitted To ITS - what does this mean? I have not been asked for any documents?

What is PAYE and how does it work?

Posted 15 October 2013

What is PAYE and how does it work?

Tax submition in review and are we noified of penalties or surprised?

Posted 14 October 2013

Hi TaxTim, thank you for a great blog-site!
I have a question, I have submitted my tax, also got the letter requesting the IRP5 as code 4102, PAYE credit of R30 551.15 was being questioned. I have submitted the respective IRP5 for review already. Do you have knowledge of:

1. How they would go about inspecting whatever they feel might be wrong on it?
2. How long that process could possibly take?
3. Would they pay out another(next) year if the previous is under above review?...

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I earn a salary and pay tax as per usual, if I consult and receive other income, what is the tax tha

Posted 14 October 2013

I receive a salary per month and pay my usual taxes. I am assisting a friend on a monthly basis with his business in my spare capacity. He pays me per month R4 700.00 consultation fees and would like to be invoiced for that. I am not registered as a business, what are the tax implications for me.

I have unpaid taxes I need to settle with SARS.

Posted 10 October 2013

I owe SARS unpaid assessed VAT which is accumulating interest and penalties. It has been almost 10 years and I received no correspondence from them concerning this matter. Upon my recent request for a tax clearance certificate I was told I had unpaid taxes that are accumulating interest. How do I go about settling this with SARS. I am now unemployed and have no assets. Can I make small payments or get part of it written off as I was unaware of this matter until now?

Penalties on undeclared offshore property?

Posted 10 October 2013

If an offshore property was transferred into your name in 2009 as a gift from an overseas family member, and you never declared it to SARS or SARB, what type of penalties do you face. What is the process to declare this now, forms, etc.

How soon will I get paid after receiving the second ITA34 assessment?

Posted 9 October 2013

How soon will I get my rebate after receiving the second ITA34 assessment?

How soon after the second receiving the second ITA34 will I get paid?

Posted 8 October 2013

How soon after I received the second ITA34 assessment will I get paid?

Am I owed a refund if my second ITA34 shows an amount of R0 and the statement of account is -R14 000

Posted 8 October 2013

What does it mean if my first ITA34 showed an amount of R-14000 and SARS then requested additional documents which I submitted. They then sent a second ITA34 which showed and amount of R0.00. The statement of account still reflects R-14 000. Am I getting a refund or am I not getting anything?

What needs to be put on the dispute form?

Posted 8 October 2013

What do you need to put on your dispute form as I made an error with my income on my tax return and now I have been audited.

What documentation is required to show income and expenditures from rental income?

Posted 8 October 2013

I recieve additional income from rental. I have an agreement with my tenants that they pay a percentage of the electricity and rates bill, the ADSL bill and the domestic staff. If I were to be audited, what documentation would I need to provide in order to prove these expenditures seeing as they are not the total amount invoiced on the ADSL or Electricity Bills?

What is the periods in the year of assesment and the number of periods worked ?

Posted 7 October 2013

How would you determine the Periods in the year of assessment and the number of periods worked if this amount is not stated. However the period that the individual was employed from is the 1 March 2012 - 28 February 2013.

Closing date for 2013 ITR12 income tax return submission?

Posted 4 October 2013

When is the closing date for submitting personal tax documents?

How to read original and additional assessment from SARS.

Posted 2 October 2013

I was employed in South Africa from Jan'2011 till 1st Aug'2013 (relocated to USA). I have filed my tax in 2011 and 2012.

Now I filed my tax return for 2013 through eFiling with all supporting documents. Post submission, I got an original assessment which showed me a credit of (ZAR -37,000); however it was also selected for audit and today after a month, there is another version of IT34 uploaded which shows an amount of (ZAR 820) which I need to pay to SARS. They have also mentioned that this IT34 doesn't show any amount calculated in previous assessment and that my statement balance is now (ZAR 37000 - ZAR 820 = 36,180)....

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Can lodge an objection if I think my filing was incorrect?

Posted 2 October 2013

If I completed my eFiling, and received a payout can I request a amendment as I think I filed my tax incorrectly.

How do I work out my taxable income from my salary slip?

Posted 1 October 2013

I started earning extra wages outside of my salary in February 2013 and so I have registered for provisional tax. On my IRP6 I need to fill in my gross turnover(which I understand to be my gross salary other income including my rental earnings, wages earned and interest on investments) and then my estimated taxable income (which I understand to be my gross turnover minus my costs, retirement annuity contributions and my pension contributions). How do I work out the taxable portion of my salary ...

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How long after ITA34 does SARS attend to payment

Posted 1 October 2013

How long does SARS have to attent to payment after the ITA34 is issued?

What is an AP34?

Posted 1 October 2013

There is an AP34 on my efiling 'main page' that shows an amount owed to SARS for 'ITR12 non-submission 2010'. I requested an account statement and the balance on the statement is R0. Now I don't know: do I or don't I owe SARS money? All my returns are currently up to date - I had outstanding returns last year, but got a bookkeeper to get everything up to date. She submitted all the documents requested by SARS after disputing a revised assessment of 2010 - the dispute was allowed, all penalties ...

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Do SARS have the right to dictate where my refund is paid out?

Posted 26 September 2013

I went to verify my bank details at a SARS office only to find I have a third party bank account and I quote from SARS website "A third party account is an account where there is a main member but a secondary member has signing authority. No change of banking details will be allowed by a third party. If the secondary member is the taxpayer to whom a refund is due, he/she will have to open his/her individual bank account."
I have a problem with this. I closed my personal account to avoid du...

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