Please help with supporting documentation.
Posted 22 October 2015
Can I submit my supporting documents to you? Or must I do it via eFiling?
The email from both SARS and you does not clearly indicate which documents to submit. Regards
Is there any tax liability in South Africa on the cash portion (commutation) of a UK State pension?
Posted 22 October 2015
My wife and I are both citizens of UK, permanently resident is South Africa. We are both about to draw our deferred UK state pensions, and we intend to commute the deferred portions for cash, roughly R500 000 each. Is there any tax liability in South Africa?
Difference between source code 4001 and 4002?
Posted 22 October 2015
The retirement form questions on TaxTim ask if I have code 4002 on my IRP5. I don't have 4002 (ARREAR PENSION FUND CONTRIBUTIONS), but I have 4001 (CURRENT PENSION FUND CONTRIBUTIONS).
Can I not claim for this contribution?
How to create own profile on e-filing and request profile from Tax practitioner
Posted 22 October 2015
How do I register for SARS eFiling if a tax practitioner has me on her profile? I would like to do my own taxes as from next year. She advised me to create my own profile and then request my profile from her.
Response from SARS however:
"We were not able to match the captured information against that which we have on record for you. Please confirm your information, recapture your password and then select the 'Continue with Registration' button below to proceed with the re...
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Extension for submission
Posted 22 October 2015
When is cut off for SARS efiling and the easiest way to apply for an extension?
Additional income capture for private work I was not taxed on
Posted 21 October 2015
I did some private work during 2014 for which I was remunerated, but not taxed. Please advise how to add this to my tax return and how to claim for the expenses incurred in this period as well.
When must I pay income tax?
Posted 21 October 2015
Hi. I started helping people in gardens doing gardening jobs 4 years ago. It was very still in the beginning doing about 8 jobs a month and just surviving. I now have more clients and want to know if I must register a company and what about the previous years of earning something. Must I pay a penalty.
This is my first time to submit my tax return
Posted 21 October 2015
I have never submitted a tax return before, will I be penalised for this
Are penalties incurred for late payment to the Municipality vatable?
Posted 21 October 2015
I would like to know whether late payment of license disks for company cars and the related fines and penalties are vatable, that is, can you claim input tax on the penalties and fines incurred to the traffic department?
Depreciation for commission earner 2015
Posted 21 October 2015
As a commission earner, calculation depreciation. I use 2 vehicles for both personal and business. Would I calculate depreciation as price of vehicle / 5?
or would I factor % of business?
Lost tax number?
Posted 21 October 2015
How can I get my lost Tax number? And which options must I choose if I call the SARS number
Terminology between Verification and being audited?
Posted 21 October 2015
Hi there. Is there a big difference between verification and being audited?
Regards. Ulf-Dieter
Can I claim tax if I bought clothes from overseas
Posted 21 October 2015
Can I claim the tax that I've being charged because of buying clothes from overseas? If I bought something online from overseas when I go and collect my parcel they are charging me tax from the post office.
CAPITAL GAIN TAX ON A HOUSE
Posted 20 October 2015
As a private taxpayer, you letting out a house of yours for 7 years. Then you decide to live in the house yourself ( I believe the house then becomes you primary residence. ). For example, after 2,3 or even 7 years,you decide to sell the residence. With Capital gain tax in mind,do SARS handle it as normal CGT on a primary residence or because that you have letting it out, is there a special formula when culculate your liability for CGT on the house. I own more tha n one house..
How to catch up on outstanding returns when I have no income and expenditure records
Posted 20 October 2015
I resigned from my job in 2010 and took my pension to buy a small business, which I ran as a sole proprietor for 2. 5 years. During this time, I did not submit a tax return, as I wasn't sure how to do it. Also, I was not making much profit and more or less came out even at the end of every month. I then passed the business on to my son-in-law and started working again in 2013. All the income and expenditure info relating to the business was contained on a laptop, which subsequently crashed, so I...
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Collect another person's printout of tax number
Posted 20 October 2015
Am I allowed to go collect printout of tax number for my sister? She has already register she wants it to apply for a job
Registering as a freelance tax payer
Posted 20 October 2015
Hi there, I have been working from home for a couple of months now for a company I used to work in-house full time for. Better explained - I now work on a freelance basis for the same company but I get a weekly salary, the same each week and its on-going. I had the understanding that my tax was being deducted off my salary, that the company was taking care of this. I recently realised that this is not the case and I should have registered as a freelance practitioner and taken care of my own tax....
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What is the calculation if married IN community of property?
Posted 20 October 2015
I am married IN community of property. Would my capital gain be halved for tax purposes. If so,who carries out the calculation? Me or SARS
How do I know if sars still owes me money
Posted 20 October 2015
Hi, I am not working at the moment have been unemployed since 2014 March, would like to know if there is anything that I should submit since I was last employed at FNB in March 2014 when I received my pension, According to me the banks and SARS are usually accurate when it comes to deducting the tax from bank employees but I do not want any surprises. How can I find out whether SARS owes me or I owe them anything,the last letter I got said that I was being penelised,How can this be if im not eve...
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Resigned and Provident fund pay out
Posted 20 October 2015
I resigned from my old company August 2014 and continued working as a temp until March 2015, when I started working at my new company. My Provident fund was also paid out in October 2014. Will I need help to complete my tax return now?
Foreign gift in the form of donations?
Posted 20 October 2015
How much can I receive as a SA taxpayer receiving a gift from an overseas Foundation?
Amount is $100,000.
Does money for food etc from your parents need to be declared with SARS?
Posted 20 October 2015
If I earned money from one company from July 2014 to February 2015, and received money from my parents to buy food etc during university from March 2014 to June 2014, do I need to submit a tax return for the 2014/2015 financial year?
Why can't I sign in for a tax certificate?
Posted 20 October 2015
Why can't I create an account when I sign in to my medical aid. I am trying to get a tax certificate. Every time I put in my membership number I get the message that the code is invalid.
ITR12 For January as Provisional Tax Payer
Posted 19 October 2015
I am currently running a business as a sole proprietor and have registered for provisional tax. I have already submitted 2 provisional tax returns for the 2015 tax year (IRP6). Now do I also need to submit a ITR12 for January?
Does TaxTim also help with this type of ITR12, and if so, is it any different from your standard ITR12?
How should I answer the initial TaxTim questions differently?
What is going on with my tax return
Posted 19 October 2015
I did my tax but since, I received nothing from SARS how can I found out what is going on.
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