Depreciation on passenger vehicle

Posted 7 July 2015

Good day,

I bought a 2002 model car which is still in good condition, in June of last year for a financed amount of R109,990. 00 This vehicle is used on a 50% work and 50% private basis. I do not receive a car allowance and this vehicle is paid out of my own pocket. Is it possible to claim depreciation/wear and tear on this vehicle from SARS?

Am keen to know if I am due a refund or not. Earned R42,000.

Posted 7 July 2015

If I earned only R42000 in 2013, having worked for only three months, and paid R6000 in tax, for that earning, over the whole year, is there a possibility I could get a tax refund based on the primary tax rebates and my medical spend of R1000?

What Medical expenses may I deduct?

Posted 7 July 2015

I don't belong to a medical aid and paid for medical expenses out of my own pocket resulting in a substantial cost. How much of the expenditure can I deduct against my Income?

Letter from SARS about source code 4027

Posted 7 July 2015

I received an ITA34 and a letter from SARS. It asks me for relevant material for source code 4027. Must I get a letter from my employer confirming that I use my laptop for work an must my IRP5 be changed?

Out of Pocket Medical Expenses

Posted 7 July 2015

My Mom is in her late 80s and stays in her own suite in a retirement home and during the day she is independent. However at night she gets confused and therefore stays in the clinic section of the retirement home where she is monitored by qualified nursing sisters or staff nurses. The charge for the overnight stay in the clinic is added to her monthly account. As she is being looked after by qualified nurses at night can she claim this amount as an out of pocket medical expense?

Unemployed - tax on providend fund payout

Posted 7 July 2015

I've resigned last year, received my provident fund. On my paper it stated on my employees tax deduction - non-refund PAYE. What does that mean?

How much will I pay you?

Posted 7 July 2015

How much will I pay to Tim for completing my tax return?

Medical aid claims - fiance's medical aid

Posted 7 July 2015

I need to please find out - I am on my fiancé's medical aid (he is the main member), should there be any excess to be paid on medication etc. We do not physically pay the cash but it is taken from his salary at the end of the month. The medical aid did send us a detailed certificate on each beneficiary - my question is now - Is he as the main member responsible to claim for all the beneficiaries as the excess was deducted from his salary??

Second question - I went to see a ear specia...

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Is there any money for me at SARS?

Posted 7 July 2015

How would I know if SARS owes me money?

Cash gifts from parents

Posted 7 July 2015

Hi there,

I get monthly support from my parents that is around R10,000 a month on top of my income. Do I have to declare this and is it taxable?

Thank you.

Tax number for late brother

Posted 7 July 2015

Hello Tim, I just want to get my late brothers tax number. He died last year.

Manual tax submission by SARS consultant

Posted 7 July 2015

What does it mean when a SARS consultant says that my returns are being done manually? They can not process my returns. Please help I am getting annoyed with the gov people.

SMS to verify acc nr

Posted 7 July 2015

I submitted IRP5 and I got sms to verify my account number. I didn't get any email from SARS and there was no letter in my efiling. I only got sms. What must I do?

Paid in error by SARS due to mistake on my side but Request for correction done

Posted 7 July 2015

Hi. I've made a mistake on my E-filing which resulted in my ITA34 showing that SARS owed me Money. After I've rectified my my mistake, Version 2 of my ITA34 showed an amount of R0, but that following morning the amount of the first ITA34 was paid into my bank account. What should I do now?

Will it be rectified automatically meaning the will deduct the money from my account or what?

Tax on a voluntary retrenchment?

Posted 7 July 2015

How do I work out the tax on a VOLUNTARY retrenchment?

Should employers still provide paper copies of employee IRP5's?

Posted 7 July 2015

Is it normal to no longer receive a physical copy of your IRP5? For the last few years, I have not received the usual paper copy, but just logged on to eFiling and my IRP information was already filled in on my personal income tax return form. I've just submitted my tax return and shortly after received a notification that I was selected for verification and must submit all documents. Only problem is, I don't have a copy of my IRP5.

Will SARS payout the same amount of my provident fund?

Posted 7 July 2015

Hi I just want to know, I received a lump sum pay-out from my provident fund and then received a IRP5 to submit to SARS, just wanted to know if the same amount will be paid out to me by SARS again.

SARS refunds then reverses transaction and sets a new refund date. Help?

Posted 7 July 2015

I submitted my tax return via efiling on 01 July. I was as per usual selected for audit. I received an initial assessment and upon submitting my supporting documents they obviously decided to disallow some of my medical expenses.

They then issued a revised assessment which reflected R5500 lower owing to me. I called the call centre and was told that my file was finalised and I could expect a refund date by yesterday 06/07/15.

I drew a statement of account yesterday and it showed a refund date of today 7th...

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No income but do submit tax?

Posted 7 July 2015

Still looking for a job at the moment - been nearly five years of almost no income, beside family welfare, do I still submit tax forms somehow?

Do I have to declare my Abu Dhabi (UAE) salary to SARS?

Posted 7 July 2015

I'm renting my properties and have investments in South Africa. I submit my ITR12 every year and pay tax on the South African income. I also have a residence visa and work in Abu Dhabi (UAE) for a UAE company the past 10 years .I visit South Africa once a year and always stay less than 30 days per year. The tax treaty between South Africa and the UAE is still pending. I also comply to all the provisions of S(10)1(o). I do not pay tax on my UAE income. My question is do I have to declare my Abu D...

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Can a job hunter get a tax number?

Posted 7 July 2015

I am a job hunter and I submitted my CV so they want a tax number. Will I get it immediately or will I wait? Please reply, thanks

When will pay be made after completion notice

Posted 6 July 2015

How long before payment take place after Complettion letter from SARS

Disability definition - monthly disability income for cancer

Posted 6 July 2015

If you are receiving a monthly disability income due to medical boarding because of cancer, is this considered as disability according to SARS?

Pay for tax return?

Posted 6 July 2015

Do I pay for submitting tax return with TaxTim?

Medical expenses 4008

Posted 6 July 2015

When I do my calculation my medical expenses do not show as a deduction as they did in previous years (4008)?
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