How does tax work on your salary, plus overtime plus commission?
Posted 25 August 2014
I need to find out, if I earn around R5400 a month and I get over time and commission and my salary then shoots to R6800.00, should I pay tax and how much tax?
Not employed, do I still have to file a tax return?
Posted 25 August 2014
How do I prove to SARS that I was at home with my children and not working?
Which motor vehicle expenses to claim through company versus personally?
Posted 25 August 2014
I am the sole director of a company. I travel extensively for business using my personal vehicle. My question is do I deduct vehicle expenses such as petrol, insurance, services etc.. through the company, or do I rather take these deductions into account in submitting my personal tax return?
Are small courses taken by me deductible for tax purposes?
Posted 25 August 2014
Just a quick question, I was paying for a course myself that most companies send their employees on. This course ran over 12 weeks and is extremely expensive. Is it possible to claim this also from Tax?
Will SARS suspect me of tax evasion If I don't declare a watch(R23 000) donated to a friend.
Posted 25 August 2014
What happens if SARS finds out about a casual gift(a watch) I have given to a friend. Will SARS investigate me for tax evasion if I have donated a watch valued at R23 000 to a friend and I have not declared any details relating to that donation on any tax returns. I'm aware that I would qualify for the R100 000 general exemption for donation.
I pushed dispute on my ITA34 and nothing happened?
Posted 24 August 2014
What if I accidentally pushed the dispute button on my return form it has been 4 weeks and I have not received my return?
Risk of underestimation of provisional tax in August?
Posted 24 August 2014
If you underestimate your provisional tax in the August submission, but then are better able to more accurately estimate it in February, are you penalised for the under estimation in August? Furthermore, are there possibly any thresholds for underestimation in August which gives rise to a penalty, even if you accurately submit in February. Or is it is you're able to estimate accurately in February, that there are no penalties induced despite the underestimation in August?
Do I put out-of-pocket medical expenses under 4020 AND/OR 4040 ? I do not belong to a medical aid
Posted 23 August 2014
I do not belong to a medical aid and was wondering do I put my out-of-pocket medical expenses under source code 4020 or 4040 ? Because the 4040 code is compulsory if you say yes to " did you incur any medical expenses" and in the other questions you say that it must be put in 4020 ? So must 0 be written under 4040 ?
Is code 3713 claimable?
Posted 23 August 2014
Can I claim on SARS code 3713.
Verification process
Posted 22 August 2014
Hi TimAwesome forum here very informative.Well this is my saga, I submitted my return on the 1st July 14. On the 8th July 14 I got a letter saying that I've been selected for verification.I submitted supporting docs the same day.On the 4th August 14 I got a call from an auditor requesting further docs. I submitted the docs the same day. Today I got a letter of completion so I called Sars to confirm if all is okay. Well to my suprise I was now told that my refund was selected for review and...
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i have my documents,i want to claim my tax,what do I do now?
Posted 21 August 2014
I have got my IRP5 and my medical aid certificate, what do I do now?
Does SARS verify medical information with the medical schemes?
Posted 21 August 2014
I submitted my return on the 3rd July 2014, and still have not received my refund, I was requested to submit supporting docs which I did, I even went to the branch to submit the documents on the 11th July 2014, every time I call their call center i'm being told its still being assessed? why so long? I have medical aid, do they actually call the medical schemes to verify information with them or what?
Can my wife claim medical expenses that we pay jointly on her return alone?
Posted 20 August 2014
Both my wife and I are employed taxpayers. Her gross salary is in the order of 24000/month and mine is in the order of 34000/month as of January 1st of next year (it's slightly less at the moment). Our medical aid payment is about R1900/month. Last year, I didn't get any benefit for this on my tax return, since the total contributions were less than 7.5% of my salary. Is it legal and acceptable for me to stop claiming any medical expenses on my tax return, and having her claim it all on hers? If...
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Can I apply for a bond if I don't pay tax?
Posted 20 August 2014
I earn R5200 a month I guess my income is not taxable but can I apply for a home loan if my salary doesn't have tax information??
Is it possible for me to do my own business tax returns?
Posted 20 August 2014
I am having my own business for which I fill tax returns. Is it possible to do them on my own
Will I get my refund even though ITSA has been selected for audit?
Posted 20 August 2014
Amazing blog u help so many people.
What does it mean when says my statement of account assessed but on my ITSA it says YES I have been selected for audit .
SARS supporting docs - Home Office Expenses?
Posted 20 August 2014
I have a client who needs to submit supporting docs for income received from the employer while working at home. A SARS rep mentioned it needs to be submitted in standard calculation format. What is this format?
Refund after audit - why are SARS taking so long?
Posted 19 August 2014
I'm referring to your post on the 6th of August regarding the delay in the refunds. I was selected for audit/verification and submitted supporting docs on the 2nd of July. The 3rd I received a letter of completion that stated that no adjustments will be made and that the verification has been completed. After a week I phoned in to enquire about the refund and the call centre told me their is a special stopper on my account and that they will have to escalate the call to get the stopper removed. ...
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Time duration to payment on SARS income tax verification
Posted 19 August 2014
Hi there. I've submitted my tax return. I received a notification that SARS has to verify my tax return. I've submitted all the necessary documentation. How long does this normally take, for them to verify and pay me?
Please give an example how to calculate the medical rebates?
Posted 19 August 2014
Tim,I am a Mathematical Literacy teacher and we do tax calculations. Is it possible to give an example how to calculate the medical rebates?
Why does employer put the same amount on code 4005, 4474 and 3810 yet I contribute 100% to own med?
Posted 19 August 2014
Why would an employer put the same amount on code 4005, 4474 and 3810 yet I contribute 100% to own my medical aid? The deductions are directly subtracted from my CTC and the company contributes 0% and therefore I don't have any fringe benefit.
Do I have to pay PAYE and what is my nett amount?
Posted 19 August 2014
If I earn R6000 per month:
1. how much would I clear after UIF
2. Do I have to pay any PAYE? If so how much?
3. And after R500 for my own RA?
How do I know if I am a tax resident of South Africa?
Posted 18 August 2014
My client was employed in Zimbabwe for 11 of 12 months, so he qualifies as being out of the country for more than 183 days. However, he regularly traveled back to SA on week-ends for a break, so was never out of the country for more than the 60 days in a row as required. Does this then disqualify him from being a non-resident for tax purposes?
Can we claim if we pay for our uniforms?
Posted 18 August 2014
We are wearing uniforms at the medical practice where I work and we are spending money on this monthly can we claim from SARS for this?
Assistance with Taxpayer move request
Posted 18 August 2014
Tax payer move request. There's no override option, to override the move if you can't access the tax payers forms
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