2014 IRP5 can I claim now for last year?

Posted 14 July 2015

I would like to know if it is possible for me to claim my tax return with a IRP5 that I got last year? Year of assessment is 2014, I have not received the latest one yet.

Tax Refund waiting period

Posted 14 July 2015

How can I confirm when SARS has paid my tax refund and if there is anything that I need to do. I cannot see any relevant data on my SARS Efilling account and I am not flagged for audit but it has been 6 working days now. Please advise?

Verification of Income Tax Return

Posted 14 July 2015

I am somewhat panicked after receiving a "Verification of Income Tax Return" notice and a "Request for Relevant Material" notice. The problem arose (I think) under amounts submitted to, but not recovered from, my medical aid. I have now submitted the certificate from my medical aid reflecting the amount, however, I still do not have access to my IRP5/IT3(a) from my employer. I am very worried as I have never had any issues with SARS.

Audit finalised

Posted 14 July 2015

Hi Tim

My audit was finalized and I received confirmation of this via the SARS call centre and I received a IT34 for both 2012 and 2014 confirming everything was finalized and a completion letter for 2015, this was done on Friday. The also confirmed that my penalty was deducted from my refund and nothing is on hold on their side its just the payment that need to go through to my account. By when more of less will the refund be in my account?

Is it possible that the certificate number can be different than the one the company provided?

Posted 14 July 2015

Hi. I have two IRP5 because I worked for two companies during FY2014/15. Upon completing my e-filling, I realized this at the certificate number on the system (SARS website) is different than the one the company gave me.

Is this possible and can I change the certificate number manually?

Can you help me without a medical aid tax certificate?

Posted 14 July 2015

Hi, I have medical insurance (not medical aid). I am with oneplan. Can you guys still help me with my tax return? Is a medical aid certificate compulsory? Thank you

Claim for working from home

Posted 14 July 2015

Can I claim for office, internet expenses as I have a second job and work from home in the afternoons?

Tax refund after audit taking so long

Posted 14 July 2015

Hi Tim

I submitted my Tax Return to SARS, on the 03/07/2015. On the same day I received the notification that I was yet again for a second year in a row being audited. Since it was the weekend I could only submit the required documents on the 06/07/2015. I have been waiting 7 working days now for some sort of email/sms from SARS saying that my refund is on its way, (last year tax season, it took them 2 days after the notification to get my refund in). All that they are querying is my Medical Aid Tax. ...

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How much per month can I pay for additional pension fund (tax code 4002)?

Posted 14 July 2015

What is the threshold on tax code 4002?

How can commission earner optimise tax returns?

Posted 14 July 2015

Hi, based on my tax returns submitted this year as a commission earner, what can I do differently to optimize tax returns for next season?

Can I claim from SARS if I earn under R17k but have medical

Posted 14 July 2015

I earn a gross salary of R17,000. 00 a month and have no deductions except for PAYE and UIF, I do however, have a medical aid which is paid by me and does not reflect on my salary slip. Will I be able to claim from SARS? Do I need to submit a tax return? I've been employed at my company for 5 years and have never submitted a tax return.

Registering for tax - Non resident

Posted 14 July 2015

I am a South African living in the UK for the past 17 years. I have an Old Mutual policy which has matured and Old Mutual require an active tax no. I have called SARS who have said I need to register at a tax office in SA. Are you able to advise if there is an easier way to register, as my next visit to SA is only planned for January next year.

Income shown on IRP5 for code 3718 vesting of share

Posted 13 July 2015

I received some share options from my employer that have vested and have been sold. What amount should be shown on my IRP5 under code 3718? Should the amount be the value of the shares when the shares vested or the value of the share when the shares were sold? In my case the difference in the share price between the vesting date and sale date is over R20000.

Awaiting refund after re-assessment

Posted 13 July 2015

I have submitted my returns on the 2/7/2015. I was requested to submit supporting documents, which I did on the same day and the SARS efilings status shows this. The returns where then re-assessed and I received notification of a second ITA34 on the 7/7/2015. It is now the 10/7/2015 and have not received my refund. Does this mean that I am being audited. And if not, why the delay?

3704 Subsistance Allowance

Posted 13 July 2015

I received a subsistence allowance (3704). In 2014 I travelled locally for 5 months, I spent about 108 days away from home. How much can I claim in terms of subsistence allowance?

Fringe benefit calculation on two employer-provided vehicles

Posted 13 July 2015

I have 2 cars on "employer provided vehicle":

1) 2013 Suzuki Alto used for approx 6 months. Cash value 89000
2) Cherry 2011 value 59900 also used for approx 6 months.

How would I calculate the fringe benefit amount / or could someone help me with these amounts?

Can you submit without IRP5?

Posted 13 July 2015

Can you submit without IRP5 because my workplace I delaying with IRP5

Is there a charge involved if you use Tim?

Posted 13 July 2015

How does a person submit tax returns with the help of Tim online?

Too small travel allowance - different to actual costs

Posted 13 July 2015

I have a R 2 500 travel allowance (R 30 000 a year) provided to me. But for 2015 I calculated my true travel costs (travel allowance) and it should have been R 70 000 a year.

Travel allowance on my IRP5 R 30 000
Travel allowance calculated by SARS tables R 70 000

Can I claim the R 70 000 tax deductible or am I limited to R 30 000 tax deductible?

Medical costs for pharmacy levies

Posted 13 July 2015

Can I claim on all the pharmacy levies I pay?

As appointed executor of the deceased Estate who must to complete the IT77 form

Posted 13 July 2015

Who must complete IT77 form on behalf of unregistered deceased person? We are law firm dealing with deceased estate and not registered practitioner.

When will I receive my refund?

Posted 13 July 2015

Hi Tim

Awesome site, assistance and insight - well done!

I did my tax return last week (15 July 2015) and my assessment cam back as - R 8840. 32. I believe that this is the amount owed to me etc. When can I expect this amount do be paid out into my account. As it is already a week later? I am not selected for audit, nor do I have any outstanding documentation. Thanks for your assistance.

Time frame for refund after submitting documents for review

Posted 13 July 2015

Awesome service - well done on this easy to follow and easy to understand website!

I have completed my tax return on the 2nd of July. I then received an IT34 Assessment which stated that my tax will be verified. I submitted the Medical aid and Retirement Annuity tax certificates as support documentation since these were the only ones I received. In my tax return my IRP5's was already logged - I did not receive any other ones I only have the three in total and they were on my form already...

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Cut off salary per year for tax return?

Posted 13 July 2015

What is the cut off salary for an income tax return in South Africa per year?

Allowable deductions on property for tax purposes

Posted 13 July 2015

I bought a property in the previous tax year and paid initiation fees which were included in my bond account. Can I include the initiation fees as bank charges when doing my income tax return? Also the tenant didn't like the color paint in the house and we had to repaint the house can I deduct that cost under repairs and maintenance?
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