Where do I put IT3c on the taxtim?

Posted 31 July 2015

An IT3c is a Tax Certificate received from an institution such as a bank or financial services,where do I put it on the taxtim?

Confused!

Posted 31 July 2015

How much percent is it taken in ones salary for tax?

Dificult to complete birthdate and email adres on irp5 efiling

Posted 31 July 2015

Hi there, I treid to fill in the efiling for my husband but the option of his birthdate is dificult I can't type it in it says I must select a date but there is no way to scrole the corect date I'm using my phone and when I try to register at your page I couldn't complete my email addres it cuts me off I gues my email addres is to long? Thanks Rene

REFERAL FOR AUDIT WHY WOULD THIS HAPPEN AND HOW LONG FOR FINALISATION

Posted 31 July 2015

I have been referred for audit for my 2015 tax returns, why would this be the case and how long does SARS take to finalize for payment if due. best regards

Claim on loss of leave days that was forfeited

Posted 30 July 2015

I was dismissed 2014 . On my dismissal in 2014 I forfeited 14 days annual leave as the maximum the company would pay is up to 40 days. Can I claim the loss of the leave from SARS ? I did pay tax on the 40 days that I was paid out by the company.

Tax Refund Not Received

Posted 30 July 2015

I went to SARS on Monday 27 July 2015. . . After filing my tax online they told me that I will receive a payment of R9000 and that I will receive an sms to confirm payment and that payments will be made in 2 to 3 days. . . Its now 30 July. . . . . Three days later and yet I've not received any sms or payment yet. . . What should I do now?

How to fill return with 2 company cars

Posted 30 July 2015

How do I fill in my return when I used to company cars within the tax year they were not leased

Do I write the total business lbs for each car or the accumulated business km?

What is meant by When are you withdrawing? BEFORE or AFTER retirement, retrenchment or death

Posted 30 July 2015

What is meant by When are you withdrawing?
BEFORE or AFTER retirement, retrenchment or death

Depreciation and travel expenses for commission earner without travel allowance

Posted 30 July 2015

I am a commission earner without a travel allowance but use my own vehicle for business. The company only pays for fuel. I have to pay for maintenance, installments - sales agreement, annual licence fees etc. Am I allowed to claim depreciation on my vehicle (code 4027) and what will be allowed under travel expenses (code 4015)? What records as proof must I have to claim under codes 4027 and 4015. Do I need to have a logbook?

Thank you

TEACH ME RETURNS CALCULATIONS?

Posted 30 July 2015

HOW DO I CULCULATE MY TAX REFUNDS?

WHAT IS THE TAX ON PACKAGE AND 1/3 PENSION

Posted 30 July 2015

I am 51 yrs old. I took the Volentary Early Retirement Package. The package is R500. 000 and my 1/3 is R1mil. What will my tax be and with what will I be left over?

Does a courier service qualify as an independet contractor? What can be deducted from income earned

Posted 30 July 2015

I have a courier service company that is not registered yet. Does this qualify me to be regarded as an independent contractor?

Because my company is not registered, SARS advised that the company's income should be added to my salary income for tax purposes. Are there any deductions from the company that I can deduct when submitting my tax return to SARS?

What other document to be submitted?

Posted 30 July 2015

When is the due date to submit your tax returns?

Tax treatment of medical aid contribution of an adult dependent who is a student .

Posted 30 July 2015

My son is over 21 years and still my dependent , as he is still going to university . He has fallen off my existing medical aid as a dependent due to his age . I have now arranged a new medical aid for him and I personally contribute with my after tax income . How do I claim this expenses as he is not working?

PAYE payable calculation differences

Posted 30 July 2015

I would like to find out the PAYE payable on a person receiving R16636. 60 monthly, no pension fund or any other deduction except SDL, UIF and PAYE. This person is 74 years of age, turning 75 in November 2015. I calculated the amount to R1390. 87 but the system calculates it as R1067. 11. I cant seem to figure out why the calculation result differs. For the 2016 tax year.

When and how to correctly Declare a Divorce Settlement?

Posted 30 July 2015

Hi Tim, I was paid my divorce settlement last month, so not in the current tax year applicable to returns. Does the settlement need to be declared now or only in the next returns cycle that applies to the month the settlement was received in?

Also, I'm aware that the settlement is exempt from Tax and I got the necessary documents from the lawyers accordingly, do I still need to formally declare this amount?

Expected payout

Posted 30 July 2015

Hi, I submitted my tax return yesterday morning and was issued with a ITR34 at 9:34. When can I expect payout?

No details loaded on my employer certificate / IRP5, it's empty - help!

Posted 30 July 2015

I have just been online to complete my Tax Return and am a bit confused. When generating my return I note that there is a certificate loaded onto the SARS eFiling system, but no particulars are loaded on it. It is empty of information. Really confused. Please help!!

Correction of IRP5 by employer

Posted 30 July 2015

The amount stated on my IRP5 for my Travel Allowance is wrong. My employer decreased my allowance without my knowledge and I've only picked up the error now. My employer says it's too late for them to correct it. I now can't claim the full amount of my travel expenses for the year.

Why can't my employer submit the correct figure to SARS and give me a new IRP5?

Claims not paid by medical aid and code 4020

Posted 30 July 2015

The claims not paid by my medical aid that they have record of which is depicted on my medical aid tax certificate. Is this already taken into account on my tax return, or do I have to explicitly put this value under code 4020?

IRP5 from previous employer on eFiling, but I don't have the document

Posted 30 July 2015

My last payment from my previous employer was end on March 2014 - for the month of March 2014. I see that the IRP5 for that month is loaded on my tax return on SARS efiling. Can I go ahead and file, or should I wait I receive the physical IRP 5 copy from my previous employer? I have asked them for it - no response yet though.

Return submitted to SARS not showing in eFiling

Posted 30 July 2015

Hi. I submitted my tax return this morning through TaxTim, but do not see it on EFiling. Please check why.

Can I get IRP5 documents that were destroyed in fire?

Posted 30 July 2015

I worked for a retail company from 2006 - 2009 and I paid for my Tax. When they retrench us they gave us our IRP5. Mine got got burned in my shack and I lost them. In that way I was never able to claim for my Tax. How do I go about to obtain them again. Does my company have them on record as I am working for another company now and they told me to have my previous employer IRP5 if I need to file for Tax Return purposes.

Can I claim retirement annuity in wife's name?

Posted 29 July 2015

My wife is not working. She used to work but resigned in 2007. I kept on paying her retirement annuity policy. Can I claim it from SARS???

Vehicle depreciation rebate from SARS

Posted 29 July 2015

Dear Tax Tim. I currently earn a vehicle allowance from my company which I claim a rebate back from SARS according to the business milage that I have done. Is it possible to claim back a rebate for depreciation on my vehicle as well?
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