When will SARS refund me?
Posted 6 July 2015
I e-filed on the 1 July and immediately got a letter to submit supporting documents which I uploaded 20 minutes later. Status says "Correction Filed" and Last status date "6 July 2015" When will SARS attend to my refund? Any Ideas.
Individual Income Tax - Deduction
Posted 6 July 2015
Hi,
Please help me with the following tax question;
If a normal salaried employee paid for relocating expenses out of her own pocket, is this deductible when doing her tax return?
Thanks
Med aid gap cover on tax return?
Posted 6 July 2015
I have gap cover for medical aid can I add it on tax return?
Received a penalties statement for not submitting a return, but am not required to submit a return.
Posted 6 July 2015
I don't earn more than R350 000 per year, however when I requested my Statement of account from SARS I received a penalties statement for not submitting a return for 2010 and 2014. Why would I need to submit a return if my income is less that the R350k threshold? What do I do now?
How long after submition does it take for payout to take place
Posted 6 July 2015
Hi Tim!
I submitted my returns on the 1st of July from the SARS branch and was told there are returns due to me, however I found out days later that there were outstanding returns (2012) that I still needed submit. All that has now been done. And now I would like to know how long will it take for the funds to be in my account.
Can jobseekers get a tax number?
Posted 6 July 2015
I submitted my CV so they need a tax number. Can I still register it even though I am not employed?
Over taxed on my salary
Posted 6 July 2015
My employer over tax me on my salary during the tax year on 1 July 2014 , they overdeducted PAYE on my salary and again on 28 Feb 2015 they overtaxed me again. In total the amount paid over to SARS was R2700.00. will this be paid back to me? I ask my employer about it but they said that SARS must refund me.
Do I need to declare my foreign salary earned in Abu Dhabi, UAE, when I submit my 2015 ITR12 return?
Posted 6 July 2015
I am exclusively resident in the United Arab Emirates and work for an Abu Dhabi based company. In accordance to Section 10(1)(0)(ii) of the Income Tax Act of 1962, I was outside South Africa for a period exceeding 183 full days in aggregate, as well as more than 60 continuous days during the 2014/2015 tax year. I hold a UAE Residence Visa, a Ministry of Labour employment contract as well as a UAE Labour Card which serves as proof that I am a bone fide UAE worker. I annually submit an ITR12 retur...
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Can I do a tax return on the money I've been taxed on last year September for provident fund?
Posted 6 July 2015
Hi, I got my provident fund last year in September 2014 from Alexander Forbes and I got a tax certificate from them. Can I do a tax return on the money that SARS taxed me on?
Tax Code 4006 is less than I supplied, it seems limited
Posted 6 July 2015
Good day,
I completed my tax using efiling but the amount that I am inputting in the SARS code 4006 is showing a lesser amount on the calculated tax result. Is there a reason why amount is being lowered on the calculated result? I supplied an amount of R25000 on the Efiling form and on the Calculate Tax result shows R7700.
I am under the R350 000 threshold but still submitted my 2015 Tax return, will I still get my money?
Posted 6 July 2015
I submitted my Tax return on the 01/07/2015. I am under the R350 000 threshold, so should I have not submitted it, will it now interfere with me getting my money?
The only expense I claim from is Medical aid. I have submitted it to SARS but I still have not received my Tax return, I haven't received any further correspondence from SARS saying I need to submit any forms and there are no discrepancies, I am owed money.
Can you apply a tax directive issued to a different employer?
Posted 6 July 2015
We have a temp employee that we would ordinarily deduct 25% tax. She has now come with a tax directive from SARS in the name of another employer that she also works for on a commission basis & ask us to apply the tax directive of 20%. Question:
1. Can my company apply this directive even if it is in the name of another company
2. Can my company apply this directive even if it is a photocopy & not the original
Two different IT34's
Posted 6 July 2015
Good Day. I submitted my tax return on e-filing. I got an It34 stating an amount to be paid back to me. I then realised that their was a R4 difference on my laptop depreciation. I corrected it and resubmitted my Tax return (as they requested laptop invoice and figures need to match) I did the calculation and it showed about R4 less that I would be receiving back. But I then received another IT34 stating that I owed SARS R4. Which IT34 is correct? I changed an amount by R4 I can't possibly lo...
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Statement of account was issued, does it mean my audit is finalized?
Posted 6 July 2015
I have been selected for Audit, I electronically submitted the supporting documentation after which SARS issued a statement of account, does this mean the Audit is finalized? Can I expect my refund?
SARS Refund 2015
Posted 6 July 2015
I submitted on 1 July 2015. No extra documents were asked for. Last year I received the refund within 3 days. I have still not received my refund for 2015. Did rules change for 2015?
Own Education fees, tax deductible if employed?
Posted 6 July 2015
Good day TaxTim. My question: I am currently full time employed and working partly on commission, I am also studying towards a post graduate qualification that is perfectly in line with my current occupation.
I am paying my studies out of my own pocket and not receiving anything from my employer. Can I deduct this studies as an expense or any deduction in my income tax return and under what code, because I feel that this is in the proses of earning an income?
Can I deduct student fees and text books of 4016
Posted 6 July 2015
Hi Tim,
I'm working full time as social worker and studying part time to become a psychologist. The latter earns much more than current job. My question: can I deduct my study fees and text books of 4016 Other of where else can I deduct it?
What can be claimed in case of a second property bought in the current tax year?
Posted 6 July 2015
Hi Tim,
I bought a flat in April 2014, which is rented out to students to supplement my income once I retire. What can I claim from SARS for the tax year ending February 2015, i. E. Transfer costs, bond repayment, levies, municipal services, maintenance, security upgrades? Your advice will be appreciated.
Employed Commission Earner and Investor - Where do I stand?
Posted 5 July 2015
Hello
I am hoping you can help. A few things:
My retirement annuity reflects as code 3697 on my payslip. Is this normal, does it count the same as 4002?
I receive a car allowance, but my vehicle installments, insurance and petrol costs me more, is there a smarter way of doing this?
More than 50% of my salary was commission from a single employer this year. Can I still claim fuel,l insurance and depreciation although I have a car allowance? What other expenses can I legitimately claim (i.e entertainment, networking meetings etc. ) Can I claim for expenses my company have re-imbursed me for?...
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My employer CC closed. Where do I get my IRP5?
Posted 5 July 2015
Hi Tim. I was the bookkeeper for a cc until end Jan 2015 when they closed doors. The only member passed away in Dec 2014 with no will.
I have contacted the attorneys who will be dealing with his estate to ask them for my IRP5. Their response was that they have been waiting for 4 months to be appointed as executors and do not know when they will be appointed.
How do I submit my tax return this year? I went to SARS with payslips and bank statements and they advised that the...
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Payments from SARS
Posted 5 July 2015
Ok so SARS owes me money. Do I have to fill in my banking details again under my online SARS eFiling profile, and which option should I choose?
Thanks
Can I submit outstanding tax returns from 2012 and will I get heavily penalized?
Posted 5 July 2015
It's my first time submitting my tax returns this year, I have not submitted before, but have been paying income tax since 2012, can I submit for all my outstanding years and will I get penalized heavily? And how do I go about getting it all done?
Do I have to declare my Abu Dhabi (UAE) salary to SARS and if so, where in the tax return ITR12 ?
Posted 5 July 2015
I have a residence visa and work in Abu Dhabi (UAE) for the past 10 years for a local Abu Dhabi company. 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). Therefore I do not pay tax on my UAE income. My question is. . . Do I have to declare my Abu Dhabi (UAE) salary to SARS and if yes where in the TAX Return ITR12?
Business traveling expense
Posted 4 July 2015
Claiming business travel for commission earners using their own vehicle.
When will my return be submitted?
Posted 4 July 2015
I'm not sure what to do next? I have followed all the instructions on this site (I think) and also set up SARS "authorized with shared access", but my return still says "issued" not submitted.
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