Dispute approved, but payment amount incorrect

  Written by Marc   Posted 5 August 2013

Hi, I changed jobs and my pension fund was paid to me in a lump sum with tax deducted, but the liberty loaded irp5 incorrectly on e filing so it looked like I didn't pay tax on the amount. I only realised after I filed my tax return so phoned them, they cancelled the wrong certificate and loaded the correct IRP5 onto SARS. I then had to go dispute the matter with SARS. According to them I owed R9700. The dispute was allowed, and they said they owe me R13000, but they only paid me R3500 because t...

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Freelancer questions - Personal / business home office expense and wear & tear on a PC

  Written by Marc   Posted 5 August 2013

I am a freelancer & am registered as a provisional tax payer.

With regards to sharing rental costs, seeing that one of my rooms in my flat is used for my office, can I add detergents, coffee & tea to my list of expenses? If I had an office, these would come off as office expenses I'm sure. So seeing that I use the communal area of my house, i.e. toilet & kitchen, should the running expenses not be added to the amount I split between personal/business use?

With r...

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Does an additional assessment affect the first assessment of my tax return?

  Written by Marc   Posted 4 August 2013

I have submitted my tax return and was then selected for audit/verification. I submitted the supporting documents and SARS indicates that they have received the documents, but does not indicate if the assessment has been finalised. They have issued me with an additional assessment (a second one), but this didn't affect my initial assessment. Does it mean that I will be refunded with the amount due to me as per the initial assessment?

25% tax but under threshold

  Written by Marc   Posted 4 August 2013

Hi Tim. I'm a freelance drama actor. I get paid around R3000 and am taxed at 25% each month. Do I get a percentage of my tax paid back, or all of it???

Meaning of source code 3805

  Written by Marc   Posted 3 August 2013

What does the source code 3805 mean?

SARS says -R1000. What does that mean?

  Written by Marc   Posted 3 August 2013

If there is an -R1000 in red on my assessment, what does that mean?

I got a Verification of Assessment letter - when do I get my refund?

  Written by Marc   Posted 2 August 2013

I filed my return on the 19th July 2013 and got a letter indicating that I should submit supporting documents. On the 30th I submitted the supporting documents and on 31st I received a verification of assessment indicating that there has been no adjustment. However, the original adjustment show that I have a refund. On checking my e-file profile the status reads: correction filed.
Does this mean that I should be getting my refund soon or what?

How long to wait after changing banking details at SARS

  Written by Marc   Posted 1 August 2013

Hi Tim, it's my first time I did my ITR12.

I got a notice letter asking for supporting docs for source code 4201, I then submitted my unique letter and IRP5, also I corrected my bank details.

My SARS Status shows "AVS Bank Verification Pass". Any idea how long this might take before refund is made to me? Thanks for all the great advice, regards.

I have to use an oxygen concentrator, is this a disability from the tax point of view?

  Written by Marc   Posted 1 August 2013

Age 77; retired. Male. Diagnosed with emphysema (Chronic obstructive pulmonary disease). Doctor has prescribed an oxygen concentrator (takes oxygen out of the air) to allow me better able to do life's daily chores (walking around, dressing, bathing, shopping etc) with less getting out of breath. Weighs 3 kg and has to be carried or slung from the shoulder. This costs me a capital sum of R35000 and has an anticipated life of 5 years (the concentrator, not me). Is this a disability from the tax po...

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What is the date for submitting a tax return for the current and/or previous tax year?

  Written by Marc   Posted 1 August 2013

I am confused about how the tax year relates to when you submit your return for that year. If it is August 2013 now, when is the next deadline for submitting a tax return? Has the deadline for submitting for the previous tax year already passed?

My tax position at the end of February 2014 after I received income from two different employers

  Written by Marc   Posted 1 August 2013

Hi Tim

From my permanent employer I received R5000.00 per month which was increased to R5500.00 per month from July 2013. My contract for this job comes to an end half way through January 2014, therefore being 10.5 months of the 2014 tax year. My employer does deduct any amount for PAYE.

From February 2013 to August 2013 (being a 6 month contract) I had a part time job (being a different employer), where I received R3000.00 per month. My employer here deducted R750.00 per month for PAYE....

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Do I pay a penalty if I register for tax now only, after working for 7 years?

  Written by Marc   Posted 1 August 2013

Hi tax tim.
I just want to know if I will pay a penalty if I've never registered for tax and have been working for 7 years but want to start doing my tax this year?

Tax code not entered on IRP5 for tax exemption. How do I get this fixed?

  Written by Marc   Posted 31 July 2013

I have worked out of the country last year for more than 183 days and 60 days continuous.
We do not do this every year, so my employer did not enter the tax code under (Reason for Non deduction of employees tax) (4150) . They said it is to difficult now to change it.

What will I be able to do, to get this fixed, it will probably only be for one last year. Should I go to the Tax office and try to explain?

Thanks

Church donations deductible?

  Written by Marc   Posted 31 July 2013

Hi Tim,I make monthly donations to a church. How will I know if they are an NPO? Would I have received something if they were?Will these donations be tax deductible under code 4011?Your help would be much appreciated.RegardsJ

Why are 4003 and 4008 deductions showing at zero?

  Written by Marc   Posted 31 July 2013

On my tax calculator result, the following deductions show a result of zero even though figures were put in while filling out my return:4003 - provident fund contributions4008 - allowable medical deductionsWhat is the reason for this? Help would be much appreciated :)Regards

Freelancer - local and international - Needs to start keeping records for tax purposes

  Written by Marc   Posted 31 July 2013

I have been freelancing for local and international companies for a few months. I need to get my tax admin sorted out. I work from home and am on my husbands medical aid.

Where do I start and how do I maintain all my information that I need to? I'm happy to set up Excel docs to keep records. I'd like to know what I should be keeping records of,  where I can benefit from tax refunds, and what expenses I can set against the business. Do you have any templates I could use?

Als...

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Personal income earner - clothing deduction claim

  Written by Marc   Posted 30 July 2013

If you have meetings constantly that you need to dress smartly for, are you able to claim this back in your tax return as a deduction as a personal income tax earner?

My eFiling profile says my supporting documents have been converted. How long till I get my refund?

  Written by Marc   Posted 30 July 2013

Hi Tim

I submitted my tax returns via SARS efiling on the 22nd of July and they asked for supporting documents. I submitted my IRP5 and Medical Aid Tax certificate on the 23rd of July. On my profile it says my documents have been converted....does that mean they have been received? How long till I get my refund? I read on your site that SARS was doing things faster this time around.

PS Thanks for a very informative site, it made my efiling a lot easier.

After how many days does SARS pay if they owe you money?

  Written by Marc   Posted 30 July 2013

If SARS owes you money for a tax refund how long do they take to pay out?

Can I amend my ITR12 to reflect a correct deduction after its been audited?

  Written by Marc   Posted 30 July 2013

Can I amend my ITR12 to reflect a correct deduction? I put a deduction for a work laptop that I purchased (I have a laptop allowance) in the wrong section and it was disallowed, so I need to change it. My ITR12 has already been audited and I've been refunded, but the disallowed deduction means I'm owed about R1300 by SARS.

What do I do next?

Not able to resubmit further documents required by SARS once submitted

  Written by Marc   Posted 29 July 2013

How do I submit further documents to SARS once I pressed the submitted to SARS button? They require actual slips instead of a schedule which I submitted with my returns on my medical claims not paid by a medical aid, but I am unable to submit on e-filing through documents for review because it is now closed.

No supporting documentation and previous tax year audits

  Written by Marc   Posted 29 July 2013

Hi TaxTim,

Two simple questions that I can't find answers to anywhere:

1. What happens if you cannot support expenses for a specific category on a tax audit for year that has already passed and been assessed (say audited for 2010/11 in 2013)? I.e. you lost an expenses file for the full 5 year tax period, and only have partial records via bank statements?

2. How likely is this scenario - i.e. SARS randomly auditing for previous tax years. I.e. during the 2013-14 tax year are you at risk of being randomly audited for the 2011-12 tax year?...

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Depreciation on private car for work

  Written by Marc   Posted 29 July 2013

Hi, I use my car for work, and I don't receive a car allowance, I am only refunded for services and petrol, can I claim depreciation on the vehicle?

What property expenses can be claimed for tax purposes?

  Written by Marc   Posted 28 July 2013

I have had to replace floor tiling to my holiday flat. Can I claim as maintenance and claim all costs in the tax year? Previous tiling was of poor quality and was lifting.

Where do I put Donations on tax return?

  Written by Marc   Posted 28 July 2013

Where do I enter the donation amount made? Does it get entered into the Deductions / Contribution section on the SARS efiling form?
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