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Latest Posts in Tax Q&A

Tax on profit of house sold



If a house was sold during the tax year, do you have to declare the profit?

Tax on Provident Fund pay out



Hi there :)
I am having my Provident Fund paid out and would like to know how much tax I would pay. The amount is R51 994.

How much are you charging?



Do I have to pay for using taxtim for my tax return? if yes, how much?

Short term medical insurance - can I claim it as a tax deduction?



Can I claim for Short term medical insurance which I pay over R1000. 00 per month for?
Under the 'not covered by medical aid?

Upload documents on eFile



I was trying to register for eFiling and and on upload document section I accidentally pressed ( manually submit) and now it doesn't want to upload documents.

How much tax will you pay monthly on R16000.00 pension earnings ?



How much tax will you pay monthly on R16000. 00 pension earnings ?

Medical Bill, in which tax year season do I claim back medical expenditure?



Concerning Medical Expenditures: Say I went to the GP Dr in January 2015, Medical Aid did not cover and got the bill of Rxxx in post. My Question: If I only paid the bill in August 2015, do I include the claim for 2014/2015 tax return or the next year 2015/2016. Regards

My current employer underpaid my tax each month from June last year until Feb, now I owe SARS money



My current employer underpaid my tax by not taking into consideration that I worked before I started the job here. Now I have to pay in approximately R1300 on my tax. I began my job here June 2014, I only started working full time Jan 2014 as I was studying prior to that. Can I hold my current employer accountable for this amount as they knew I was working prior to taking up my position here and never took that into consideration when paying PAYE for me?

Corrections on eFiling?



I did my SARS eFiling, they then requested me to attach required documents which I did. Do I now do the corrections if there is any or does SARS do the corrections?

Payments for AA88 not reflecting on employees annual ITSA



I have an employee who gets issued an AA88 from SARS which I payover as per the documentation received. I made four payments this year, February, March, April and May, after which the notification when I synced with SARS Efiling via easy file, said cancelled or finalised, and no further payments requested. This employee completed her tax return on 22 July and her ITSA does not reflect the payments I made which I deducted from her salary. I have all the proof of payments made via ABSA bank to SAR...

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Vehicle allowance



If my boss pays me a certain amount as vehicle allowance and I the use my vehicle mostly for work, how do I claim on ITR?

I need my tax number from SARS and how do I get it?



I've jusy got a job and I dnt have a tax number. When I call at SARS the tells me I don't hav a tax number and I to go to the branch and apply there. And I need my tax number soon. Isn't there other way I can get my tax number without going to the branch? Please help

Costs for repairing of vehicle



I was involved in an accident the insurance did not pay to repair, can I claim some of the cost of repairs back?

Insolvency with SARS?



SARS did not accept my tax return for refund this year. I disputed this and the dispute was disallowed for the following reason:

2015 tax return to be submitted on the after insolvency number

What does that mean? Why am I not entitled to claim back on my car allowance as I have a detailed logbook for this.

Medical Scheme Fees Tax Credit



Good day,

I just want to make sure about the Medical Scheme Fees Tax Credit, source code 4116. My husband joined my medical scheme from July 2014, thus every month I pay for myself plus one dependent. In terms of section 6A (Medical scheme contributions tax credit), do I have a right to R257 tax credit per month for myself and for my husband? (Thus: (R257*12)myself + (R257*8)first dependent). On my completed IRP 5,from my previous employer, they only took myself into account for the medical scheme tax credit and not my dependent as well...

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SECOND DUE DATE FOR A REFUND



I submitted my son's tax return 8/7/2015. Changed his banking details as well. On his ITA34 was a due date 01/08/2015 (he is due a refund of aprox R 2800. 00) They have not asked for verification of change of bank as yet. However when I look today there is a second due date 31/01/2016, please can you tell me what this means he has not recieved his refund as yet ?

HOME OFFICE EXPENSES on SARS eFiling?



I'm working from my home, but receive a salary monthly. There isn't a office where I can sit and work, and therefore all the employees work from home. Can I deduct home office expenses from my tax return?

WHERE DO YOU FILL IN ABSA TAX CERTIFICATE IT3B INCOME SOURCE CODE 4201 ON ITR12 ?



WHERE DO YOU FIND THE CODE 4201 ON ITR12 , CAUSE I RECEIVED A TAX CERTIFICATE FROM ABSA BANK AND THEY GAVE ME A INCOME SOURCE CODE FOR THE ITR12 BUT ITS NO WHERE ON THE ITR12 . . . . PLEASE HELP

When are Trusts supposed to submit a ITR12 tax return?



As far as I know, provisional tax payers should submit their tax returns end of January and companies end of February, of the following year of assessment. But when are trusts supposed to submit their tax returns if they are not registered provisional taxpayers?

Income Protection Insurance (4018) on previous returns



How do I include Income Protection Insurance on previous tax return submissions? Should I?

Correction on submission to SARS on individual return



My Fiance received a travel allowance last year, due to seeing patients at home, she submitted her tax return before putting in her car value along with her mileage that she needs to claim, and hence didn't get any rebate from SARS. Is there anyway in which we can ask for a correction on the tax return from SARS, or what should we do? I am sure she should be due a rebate.

Refund process slow after audit



I submitted my Personal income along with all other docs to SARS, I was to receive a refund. The following day I received a letter to be Audited. We submitted all relevant docs to SARS for the audit process.

When we looked on my status it said 1 August the audit will be done, but underneath it was still marked YES for audit and that was on 3rd of August. My tax consultant called SARS and they said that there is a block that needs to be removed and they will call back.

Wha...

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Employer refusing to give IRP5



Good Morning. My daughter went to SARS to do her tax return and they asked her to submit her IRP 5 form from the previous employer although she earned very little. They employer does not want to give it to her as he says he changed accountants. What can she do please?

How to declare against source code 4238



I have received a tax certificate from Allan Gray for one of my investments, there's an amount against the source code: 4238 - Taxable Local Dividends. How do I declare an amount received for this source code on e-filing?

Withdrawal from pension fund



I have already received my 1/3 payment and am now receiving a monthly payment. Being foolish I have misused the money. Can the pension fund pay my outstanding houseloan and reduced my monthly payment
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