How to submit an oustanding return when you don't have an IRP5 and cannot find the employer?

Posted 5 April 2016

What do you do if you have an outstanding SARS tax return for 2011 if you do not have an IRP5 for that tax year since the company you were working for cannot be found/traced? I was working on a contract basis and do not recall ever receiving an IRP5 for that year. I have submitted tax returns before and was never made aware of any outstanding tax returns. Only now that SARS needs to pay me money back do they mention that there is an outstanding tax return for 2011. How does there system work? I ...

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How do i answer the marital status question on SARS eFiling?

Posted 5 April 2016

I got married in Dec 2015, but haven't managed to get a gap to go to Home Affairs to apply for a new ID book/card. This company where I freelance at don't even know that I got married. I tried to tell human resources,
late last year, but the woman said I can just provide them with copy of my new identity document, when I eventually get one. So now, WHAT do you suggest I DO when I log onto SARS e-filing,
Must I click the unmarried box? Or the married box?

Submission of late Provisional Tax returns

Posted 5 April 2016

I received rental income in 2016 tax year, but didn't pay provisional tax. On my ITA34 I am not registered for Provisional tax, but on my SOA, requested one day later, it states that I am registered for Provisional Tax. What are my options now in order to pay the minimal penalties/interest? Do I rather not submit the late IPR6 tax returns and only specify the rental income when I submit my next Income Tax Return?
Also, how does the fact that I am married in community of property influence ...

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SARS mistake or are refunds done per assessment

Posted 5 April 2016

I was audited and asked to submit supporting docs for logbooks, vehicle ownership/invoices and medical expenses. My assessment was calculated at R49k refund initially. When submitting medical exp I realized I had entered some expenses incorrectly so made changes to the ITR12. This resulted in a refund of R58k. In the new assessment SARS deducted the R49k under source code 4102 in the line "Previous Assessment Results", with net refund of R9k. Will my refund be both assessments ie R59k or are the...

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If I have a voluntary RA of R1500 per month, what will my tax refund be

Posted 5 April 2016

If I have a voluntary RA of R1500 per month, how much do I get back?

How do I obtain an ITA34?

Posted 5 April 2016

I need an ITA34 for the last two years for bond application, however, I've not submitted any tax returns due to the fact that I don't fall in the category for submission. How long will this take and is it now a complicated matter?

Can I claim from a pension fund that was taxed?

Posted 4 April 2016

I have resigned in 2015 February - am l entitled to claim tax refund on my pension money that was taxed?

Can I claim a tax refund for prior years?

Posted 4 April 2016

I have started working in 2006, but I never claimed a tax refund. Is possible for me to claim for all those years?

Please clarify if I can get a tax directive and how they work

Posted 4 April 2016

My estimated gross income R670 114. 00
My estimated expenditure R306 081. 00
Estimated taxable income R364 033. 00
Please show me the calculations to get a tax directive of 20%

Is leave payout taxable?

Posted 31 March 2016

This is regarding Leave Encashment. Is it taxable in South Africa? If yes, what is the percentage of tax deduction? If it is taxable, how can we get a refund?

Why aren't I getting tax rebates on all my work expenses?

Posted 31 March 2016

I contract for a UK based company and and paid in Rands each month - a salary, and all my expenses. Currently I pay a tax person in SA to do my tax (I am paid in full and then it's my responsibility to sort my tax out), however I haven't received any rebates from SARS for 3 years despite all my expenses, including travel, office rental, parking (all business related). Wondering if you can help? Would TaxTim be able to deal with my provisional tax?

Can't acquire irp5 from previous employer before emigration

Posted 29 March 2016

My previous employer liquidated on 12 February this year & the liquidation hasn't been completed yet. I am scheduled to move to work in Dubai in mid April on a 3 year non binding contract and I am wondering what would be the best solution to file my tax returns for the 2016 tax year?

Just in case I am unable to acquire the liquidators details before I leave for Dubai? Or what can I do if the liquidator does not send me the IRP5?

Never claim tax refund since 2006 untill now can I claim for all those years

Posted 29 March 2016

I have started working in 2006 but I never claim tax refund is possible for me to claim for all those years?

How to treat RA contributions which are not allowed as a deduction

Posted 29 March 2016

Can the excess amount of retirement contributions which are carried forward to tax years be offset against tax payable on lump sum pension payments?

Non resident of RSA, how do I update my personal details on my tax return

Posted 29 March 2016

Hi TaxTim ok me and my wive are both RSA citizens. My wive however is also Canadian. We went on holiday to Canada and we decided to stay. We applied for my paperwork etc. However I want to file my 2015 tax return I know its overdue but I want to file. What do I put in as my address and bank account as I dont have any RSA bank account or residential address. I also already have a temp Canadian tax nr but I am not earning any income in Canada. So how do I do tax return? What do I enter for address...

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Medical Aid query

Posted 24 March 2016

I am the dependent on my boyfriends medical aid. Our medical savings finished early and I paid via eft for all of my xrays, doctors, medicines etc, can I claim that back on tax return, or does it have to be done on his. I have proof of all the payments etc, the accounts however were in his name, but it showed that it was for me.

Are bond initiation fees, legal fees and valuation fees deductible for tax?

Posted 23 March 2016

Hi, I have registered as a provisional tax payer and did my tax return in August. My rental expenses (levies, interest and taxes) are greater than my rental income I earn. Do I still need to file the provisional tax payer tax return now and see if any payments are due?

I have paid for your services for my personal income tax, but haven't received any of my tax information yet (for investments, medical aid etc). Must I just wait until those all come later in the year and send them thro...

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Is my business liable for PAYE as soon as I register?

Posted 23 March 2016

I registered my SME for PAYE in December 2015. When do I become eligible to start paying PAYE? I'm the only employee and my salary is tax deductible?

Amendments in EMP 201/501

Posted 23 March 2016

This question is regarding amendments in EMP 201/501. The start date of an employee has changed. For eg, The start date was 24rth December, but the amended start date is 24th Nov. He is getting paid for the whole month of December (excluding payment made previously) and 6 days of November In March 2016. He ceased working in January 2016. Should we revise the EMP 201 of November and December? (Accrual Basis)
Or Should we treat the payment in march as a one time pay and amend EMP 501 only? (...

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Duration for submission of AFS

Posted 23 March 2016

I have a question, what is the maximum duration which you are given by SARS for submission of annual financial statements after your financial year end? I am asking this question because I was denied a Tax clearance certificate because I have not yet submitted my financial statements. Also, what is the effect thereof i.e. penalties involved?

Do I pay tax in SA as a non-resident working in SA for a US university?

Posted 22 March 2016

I am a US citizen living here in South Africa for about two years because of my spouse's work. The university I work for has graciously allowed me to continue working remotely for them while I am here. I work with computers on the internet. Recently, someone from my work has insisted that I needed to file for income tax in South Africa. I disagree, believing that my income source is not South African and that I am a non-resident for tax purposes. Is there some specific evidence I can use to back...

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MEDICAL TAX REBATE REFUND

Posted 22 March 2016

IF YOUR PAYE CONTRIBUTIONS EXCEED THE TAX PAYABLE WHICH MEANS YOU ARE DUE A REFUND DOES THE ANNUAL TAX CREDIT R257 PER MONTH TIMES 2(taxpayer and spouse) times 12 ( R6168) INCREASE YOUR REFUND FROM SARS?

Is the tax refund date on statement accurate?

Posted 18 March 2016

My tax statement has a date of refund as 19. 03. 2016 is that the date I will receive the refund into my account

PAYE or Provisional Tax

Posted 18 March 2016

I own a small business - registered with CIPC as a private company. I am the sole director of this company and currently get paid a salary by the company. Should I be registered for PAYE, UIF and WCA for the income in the form of the salary or are provisional tax payments sufficient.

Will I receive a penalty if my second provisional tax payment is late, however I make a third top-up

Posted 17 March 2016

Good day, I have not paid my provisional tax that was due on 29 February 2016 due to very little money coming in and low on funds. Will all be in order if I don't pay, but can make the full payment on or before the 3rd optional payment?( September if I am correct)
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