Charity contribution

  Written by Marc   Posted 14 August 2015

I contribute to our staff volunteer fund trust and got a tax certificate for the 2015 tax year. I didn't see any place to insert this amount.

Is tax deducted before are after pension deductions?

  Written by Marc   Posted 14 August 2015

If my salary is R15000 pm and my pension contribution is 7. 5 % of my salary, do I tax the R15000 as the gross earnings or do I first deduct the 7. 5% pension from the gross salary before calculating the tax?

I have not proof of income to verify my return for 2010

  Written by Marc   Posted 14 August 2015

I just found out I need to submit my tax return for 2010. I have submitted it and I am due a refund for 2010. However they are wanting me to verify documents. I have not claimed for any medical expenses, RA's etc. I have never ever received an IRP5 form from my previous employers since I worked there. What documents do I send to SARS, as I do not have any payslips or proof for 5 years ago.

Is payment to a Provident fund tax deductable

  Written by Marc   Posted 14 August 2015

I have just registered, I tried to connect via SARS however I was told my bank account number was incorrect. We are now waiting for SARS to set up SARS eFiling for me. In the mean time, I am not sure what to enter regarding payment for a pension fund. I pay into a Provident fund so am not sure if this is tax deductible. Only reason I used TaxTim is so I don't have to physically go into SARS. I am hoping this is still the case.

How much longer must I wait before I get my tax rebate?

  Written by Marc   Posted 14 August 2015

I have submitted my tax return on the 2/7/15. I had to submit my supporting docs on the 27/15,as I was chosen for an audit. Today is the 30th working day and still no tax refund. How much longer must I wait before I get paid out?

Tax return assessed but no refund

  Written by Marc   Posted 14 August 2015

My tax assessment was completed and verified and an additional assessment issued. My SOA reflects I am owed a refund even tho the ITA34 shows an adjustment to the original. My SOA says not selected for further verification, that was on the 15th of July and to date have not heard anything further or received a letter of completion. What could the delays be? On SARS eFiling it shoes that my tax is assessed. Thanks

How do I know if I'm due for refund is it the amount displayed in the ITA34 that's due to me?

  Written by Marc   Posted 14 August 2015

I would like to know what the ITA34 is and the amount it shows is it the refund due or what because I have submitted my tax returns for all the years and it all shows R0. 00. And I would like to understand how SARS makes calculations because my tax return for a company I worked for 1 month gave me a refund and I was earning very less than I'm earning now in the company I've worked for for 4 years but the tax returns for this company I get no refund. Many thanks and I have been reading other peop...

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Do I register for tax if I'm still waiting for permit

  Written by Marc   Posted 14 August 2015

I want to register for tax but I'm still waiting for my permit to be renewed will it be possible to register

Where do I get 20 years ago my IRP5

  Written by Marc   Posted 13 August 2015

SARS wants the 1995 1996 1997 IRP5 they say we didn't submit my employer doesn't have them what must I do its 2015 now please help?

Tax Refund on my personal property?

  Written by Marc   Posted 13 August 2015

I bought a property in December last year. I was wondering if I could claim any tax. Thanks

What to include as taxable income for provisional tax calculations

  Written by Marc   Posted 13 August 2015

When calculating "taxable income" on an IRP6 should one include
- expected investment interest ?
- expected investment share dividends ?

Thank you.

Foreigner not yet working but receiving money from abroad

  Written by Marc   Posted 13 August 2015

I'm a foreigner living in South Africa. I don't work yet but I receive money from overseas from my family. Like R 30 000 or R 20 000. I want to have an importer code and they require personal tax. I'm scared to go to SARS because I don't know if I will have to pay tax while I don't even work

Audit because they neglected to inform me about previous tax year

  Written by Marc   Posted 13 August 2015

I got penalties for 2007 when I submitted my tax return for 2015. The consultant did say that I must complete a form to lift penalty for they neglected to tell me when I was at the offices in 2011. The problem now is that I recieved a sms stating that I am audited for 2007.. If I cant get any original documentation, what can I do? I there any way to lift the audit because they neglected to tell me about 2007?

Formula that used by SARS for tax return?

  Written by Marc   Posted 13 August 2015

How do I calculate my tax contributions so I can know if I owe SARS or not?then if SARS owes me,how do I calculate the amount that I should get before I can even submit for tax return?

What are the tax implications for Voluntary Severence Package?

  Written by Marc   Posted 13 August 2015

What is the tax implication for Voluntary severence packages? Does it qualify for any severence benefits. According to general opinion, the first R500 000 is tax exempt?

AP34 Penalty and Refund Due

  Written by Marc   Posted 13 August 2015

I have a AP34 penalty. I am also due a refund. Do I first have to pay the penalty before I receive my refund?

Support for cell phone depreciation at SARS?

  Written by Marc   Posted 13 August 2015

What supporting documentation does SARS usually look for when assessing if depreciation/wear and tear on your cell phone is an allowable deduction. Please note that my cellphone is paid via a monthly contract fee. These contracts usually don't stipulate the base price of the phone. Furthermore, what support do you need to give them for the allocation of business use versus private use. I have tried to search and ask what they need as they wanted to verify this deduction, however, I cannot seem t...

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Tax payment on pension payout?

  Written by Marc   Posted 13 August 2015

I want to know how much I will pay if I receive 195000 pension fund

Pension payout problem?

  Written by Marc   Posted 13 August 2015

Please assist me, I received a pension pay-out in March this year that will fall under the 2016 tax year. But when I do my 2015 tax return the amount comes that I was taxed on comes up in the calculation
'' Retirement fund lump sum withdrawal benefit tax liability'' I owe SARS over R300 000. 00. How can this be am I doing something wrong

PERSONAL TAX NUMBER from SARS?

  Written by Marc   Posted 13 August 2015

HOW TO GET MY PERSONAL TAX NUMBER

My refund is very low and my medical aid costs is high why is this?

  Written by Marc   Posted 13 August 2015

I have submitted my tax return on SARS eFiling but the refund is way less then I expected as my medical aid cost was very high. Could Tax Tim help me to submit my tax again to see if the calculation is correct? Also SARS is auditing every one in my office who submitted their tax returns and no one has been paid yet is there a problem at SARS this year?

After confirmation of audit from SARS?

  Written by Marc   Posted 12 August 2015

Tim what happens after sars send u a letter saying they are making no adjustments to the filed returns

Need a form for declaration of personal details when registering for eFiling for the first time

  Written by Marc   Posted 12 August 2015

I registered for SARS eFiling for the first time and when I tried to submit my tax returns I got a message saying that SARS is still verifiying myregistration I must try again after 24hours,I waited and tried after 48hrs but same message came up,I called the 0800 number the consulted said SARS needs to verify my personal detail so I must download a form called Declaration of SARS eFiling registration and fax it on a 011 fax number with the copy of my ID,I am struggling to get the form the name d...

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Reconciling interest per S24J

  Written by Evan   Posted 12 August 2015

An IT3(b) form for interest from a bank, when added to the opening balance of a fixed deposit investment, does not agree with the closing balance due (I think) to the accrual provisions of Section 24J of the ITA. I have to "fudge" the entries I have made for interest received each month so that I can get the balances correct for SARS tax returns. Is there any way round this other than to make no bookkeeping entries until IT3(b) are issued after the end of the tax year. This is for a family trust...

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Is the Provisional Tax threshold inclusive of Normal Salary + My company paying me out (Dividend)?

  Written by Marc   Posted 12 August 2015

I registered a company and It was registered for income tax. I am the sole Director and shareholder. When it makes money and I pay some of this to myself am I liable for provisional tax? I know there is a threshold but does that threshold amount include my Normal Salary that I get from my employer?
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