SARS need documents. What do I do?

  Written by Marc   Posted 17 November 2014

SARS need documents. What do I do?

Must I go into SARS to register bank details?

  Written by Marc   Posted 17 November 2014

Hi TaxTim,

I have submitted my tax return for this season and I am owed a refund by SARS.
I have never filled in my banking details before as have only been working for 1.5 years now. Must one always go into a SARS office to register bank details if one hasn't been asked? Or can I simply do it on efiling and only if they request me to go in, then I should?

Finally, if I am required to take all the banking documentation into a SARS office, can I do it when tax season is over? Or must I do it before the 21st of November? ...

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Charitable donations - where do you list them and how do you find out if the church qualifies?

  Written by Marc   Posted 15 November 2014

- Where on the tax return do I list my charitable donation?
- How do I find out if the church I contributed to qualifies as a PBO? Apparently there is a list they need to be on?

Tavel Expenses no Allowance

  Written by Marc   Posted 15 November 2014

As a commission earner with no allowance I have travelled about 15 000 km what method do you suggest I must use to claim the fixed method of R 3.24 per km or what else

WHAT ARE DEDUCTIBLE EXPENSES FOR SELF-EMPLOYED SURGEONS

  Written by Marc   Posted 15 November 2014

I am a self-employed surgeon in the private sector. My business is my primary source
of income with most expenses [ including the astronomical amount for my insurance!] being
covered by it.

How do I fill in my tax return? What can my deductible expenses be? I travel to congresses
regularly and cover most of those expenses on my own.

When I was employed in the state sector it was much easier with my IRP5 Form.

Does SARS charge a penalty on the late submission of an income tax return with a refund

  Written by Marc   Posted 14 November 2014

Hi TaxTim,

This year was my first year of employment and as such I registered for tax. Additionally, I only received a salary for two months during the tax year (January and February). I therefore fall below the tax threshold and should receive a refund of the PAYE that was paid.

I am busy trying to register on e-Filing in order to submit my tax return on time (before the deadline of 21 November 2014). SARS has however requested that I go to the SARS branch to verify my banking details in order to successfully register me on e-Filing....

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SARS souce code 4112

  Written by Marc   Posted 14 November 2014

On my IT 3(b) I have for SARS source code 4112 (Foreign withholding tax on dividends) an amount of -R 68.93.But eFiling does not allow me to enter a negative value for SAR source code 4112When I posed this question to 2 of my investment institutions, I got 2 different answers.The 1 said:Make it a positive value and the other said:The tax in question is one that has already been deducted by the foreign constituent in the country of origin(appears as a negative value), it should therefore not be d...

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If I dismised SARS will pay back my contributions?

  Written by Marc   Posted 14 November 2014

Can I get something or money back when I not working at my company?

Depreciation Disallowed?

  Written by Marc   Posted 14 November 2014

On my previous ITA34 SARS said that the amount refundable to me was R-6153.46 (there was a depreciation value of R2533.00 for a laptop that I use for work purposes). Now I have received a new ITA34 assessment stating that I owe SARS R633.25. The statement says DEPRECIATION DISALLOWED.

I sent them the original purchase tax receipt for the laptop, was I supposed to send them something else? What must I do now?

IRP5 form reflecting less periods than worked, but correct remuneration.

  Written by Marc   Posted 14 November 2014

My company was acquired by 24.com halfway through last year.
On my IRP5 form it lists 4 periods since we were taken over, but only 6 periods for the time prior to that instead of 8 to make up the full 12 tax months that I was working for.

The remuneration is correct and reflects my payment for all 12 months, but with only 10 periods reflecting and not 12, I am nervous SARS will assume I am paid more monthly than I actually am and move me into a higher tax bracket or claim more tax from me? Please can you advise, I want to submit my IRP5 in time but not its financially detrimental to me and my other colleagues and payroll doesn't seem to know what's potting. ...

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IRP5 not applicable but SARS keeps asking to rectify?

  Written by Marc   Posted 14 November 2014

My salary earned is outside SA, I reside outside SA for the past 13 years.
After completing the questions the system requests IRP5 which I do not receive.
Please advise

Rebates calculation

  Written by Marc   Posted 14 November 2014

How does the rebate on your assessment get calculated?

Would like to have a trial run without submitting a returns.

  Written by Marc   Posted 14 November 2014

I do not want to submit for this past returns.
However I would like a trial run to see what I need for the next one.

Medical aid claims

  Written by Marc   Posted 13 November 2014

Myself and my wife are on the same medical aid. She is the main member and pays for it every month.
Myself the dependent have many medical expenses that where not paid out by the medical aid. Do I claim for these medical expenses on my tax return or should she as primary member claim?

Why didn"t the company show provident fund on the IRP5?

  Written by Marc   Posted 12 November 2014

I want to know about the provident fund (4003) its not shown on my IRP5 that I get from the firm.
How will the tax man know that I pay provident fund when its not shown on my IRP5.

I want to have a tax return claim with TaxTim?

  Written by Marc   Posted 12 November 2014

I'm a worker and I want to claim my tax returns

Home office space deduction for tax purposes on my ITR12?

  Written by Marc   Posted 12 November 2014

I have a small business. How much can I deduct for office space? My home is 800m2, using 80m2 as real office space. My homeloan deduction is R42 000 (R22 000 interest)?

Should my employer deduct tax from my monthly salary of 10 000 rand?

  Written by Marc   Posted 12 November 2014

My annual salary is less than 150 000 rand. do I have to pay tax?

Should interest on your home loan be deducted from your rental income?

  Written by Marc   Posted 12 November 2014

Trying to complete the rental income sections: Did you incur any expenses while earning this rental income?
Does interest on the home loan need to be included here?

Which amounts exactly?

Wear and tear and petrol claim on my ITR12?

  Written by Marc   Posted 12 November 2014

Can I claim for wear and tear on my vehicle even though I am an employee and work at the office from 9 to 5 daily? Can I also claim for petrol and if so how would I calculate this?

Contract work (Freelance administration)

  Written by Marc   Posted 12 November 2014

I am a contract worker and I have worked for two different companies this tax year. The one company submits an IRP5 for me which makes my life easier, but the other company I worked for did not issue an IRP5 so I need to add that income to my Tax form, can you help me please?

does interest paid on a loan offer tax relief in business..

  Written by Marc   Posted 12 November 2014

does interest paid on a loan offer tax relief in business..

Do I have to file a tax return?

  Written by Marc   Posted 12 November 2014

I need a clarity on tax return, I am earning less than R250 000.00 per annum. Is it possible for me to claim tax return?

petrol, train & bus

  Written by Marc   Posted 12 November 2014

Can an employee claim for the petrol they use to go to work each day? What about train fare or bus fare - can this be claimed too?

Interest on late refund from SARS?

  Written by Marc   Posted 12 November 2014

In response to your blog entry "What?%u20AC%u2122s the delay with getting my SARS Refund?". When and how does SARS become liable to pay interest on late refund payments? Surely there must be a mechanism to keep SARS honest when it comes to keeping our money and delaying our refunds?
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