Can I claim tax back on medical expenses if my medical aid is partially subsidized by my Employer?

  Written by Marc   Posted 3 July 2014

I am currently employed and am ready to submit my tax return; however I have a question relating to medical expenses that were not covered by my medical aid. My medical aid is partially subsidized by my company, I contribute 40% and my employer contributes the remaining 60% towards the monthly contributions.
Am I still allowed to claim tax back on these medical expenses even though I do not pay the full medical aid contribution?

Do I need an IRP5 Certificate for pension drawn out from previous employer?

  Written by Marc   Posted 3 July 2014

I resigned from my previous employer in November 2013 and I drew out my pension fund. I received an IRP5 certificate from them and also have one from my current employer. My question is should I expect to have two or three IRP 5 certificates including the pension fund one?

Penalty Fee Tax - medical aid

  Written by Marc   Posted 3 July 2014

i'm paying a penalty fee for my mom to be part of my medical aid. The amount is around R6 000.
1. should this be reflected in my IRP5?
2. if yes/no, there is a code on the tax submission of 4004. should this amount go on there?

Would I be getting some money back or pay in because of that?

Do I need a tax certificate from GEPF

  Written by Marc   Posted 3 July 2014

I resigned at the end of May 2013 from the government. I did receive my pension payment from GEPF. Do I need a tax certificate from GEPF to complete my tax return or is the tax directive enough

SARS says I don't have to submit a tax return because I earn under R350 000

  Written by Marc   Posted 2 July 2014

I just got an email from SARS that said unless I earn over R350 000 a year I don't have to submit a tax return this year.

Is this correct? Wasn't the income threshold a LOT lower last year, like R70,000? My income certainly doesn't exceed R350000 per year, but I still want to declare my expenses like medical and get my refund. Must I still submit below the threshold?

Who must submit their income tax returns to SARS?

  Written by Marc   Posted 2 July 2014

Who qualifies to submit their tax returns?

Confused over SOA for SARS

  Written by Marc   Posted 2 July 2014

I submitted my tax return 01/07/2014 and there was a negative balance of R7752.11 which meant a refund is due to me. The only part I added was my medical expenses that I pay myself every month. I am a strictly commission earner as well. Today I receive my assessed IT34 and it says Statement of account assessment -7752.11 and then Refunds 7752.11. Balance 0. What does this mean? Am I not due anything back?

tax income number

  Written by Marc   Posted 2 July 2014

Kan ek asb my inkomstebelasting nommer verkry

What is portion paid on claims?

  Written by Marc   Posted 2 July 2014

On my medical aid certificate, what is this "your portion paid on claims"?

IRP5 is incorrect

  Written by Marc   Posted 2 July 2014

Hi I hope you can help me. on my IRP5 my commission pension and medical aid and pay and car shows as code 3601. when I went to the bookkeeper he said it must be like that. what can I do in this case?

Forgot username and password on eFiling

  Written by Marc   Posted 2 July 2014

Could you please assist me. I have forgotten my username and password. Would like submit my IRP5 via eFiling.

Made a mistake but don't want to pay again

  Written by Marc   Posted 2 July 2014

I have done my return on your side and realized I did a mistake after completion however your system does not allow to correct it, instead it requires me to pay again.

Investement at a loss. How do I claim on my income tax return?

  Written by Marc   Posted 2 July 2014

How do I complete my tax return if I have property that I am renting out at a loss. (Investment at a loss).
What are all the costs that I can claim for .

Medical claims on my ITR12?

  Written by Marc   Posted 2 July 2014

On my medical aid tax cert it says claims not recovered R******
where do I put this amount on my return?

I am diabetic and single no medical must paid cash what can I claim

  Written by Marc   Posted 2 July 2014

if I don't have medical and I am a diabetic and paid for all out of my pocket can I clam?

Travel allowance and business kms

  Written by Marc   Posted 2 July 2014

I get R36000 travel allowance per year. My business mileage is just over 40000 kms.
When I do the calculation on efiling my return is the same when I put down 40000 business kms as it is when I put down 20000 business kms.
Is this correct?
Have I hit my 'threshold' ?

Thanks!

Feedback from SARS?

  Written by Marc   Posted 2 July 2014

I completed my SARS via eFiling and just wanted to find out from you whats next process, I did not get an email but my inbox says assessed 2014,-7700rands,

Is SARS opens on weekends?

  Written by Marc   Posted 2 July 2014

What am I suppose to do if I'm still not received my IRP5 ? Is SARS opens on weekends?

How to fill in ITR12 form for 2014, when 2 vehicles were used?

  Written by Marc   Posted 1 July 2014

how to fill in ITR12 form for 2014, when 2 vehicles were used?

Correct source code for medical expenses on the income tax return?

  Written by Marc   Posted 1 July 2014

Do I put the amount not covered by medical aid next to code 4020 or 4040. If I put the amount next to wrong code and submitted my return can it be rectified?

Is a verification of income tax return the same as an audit?

  Written by Marc   Posted 1 July 2014

Is a verification of income tax return the same as an audit?
I know SARS says 21 days but has anyone's verification been complete and paid out before 21 days?

Retirement Benefits

  Written by Marc   Posted 1 July 2014

I have a retirement annuity with my company through NMG. They pay half, I pay half. But now I don't see anything under Code 4006 on my IRP5? I have my details on my Retirement Benefits, should this be on the Tax Return? If so, how do I get it on the IRP5/ Return's Page on SARS eFiling?

I have never claimed before.. I want to submit my IRP5's, now what?

  Written by Marc   Posted 1 July 2014

I have been working for various companies, earning not very much. in the past 1 year and 6 months I worked for a company where for the first time got an IRP5.. and money was being deducted from my commission. I don't know much about tax, and I never claimed. no medical aid..

what do I need to do?

Is a commission based salary taxed differently?

  Written by Marc   Posted 1 July 2014

A lot of people have told me that you get taxed more on a commission based salary than on a fixed monthly salary but I cannot find any evidence to support this. Is it true? Are you taxed more on commission earnings?

We are a non profit organisation, do we need to pay tax in any way?

  Written by Marc   Posted 1 July 2014

We are a non profit organisation, do we need to pay tax in any way?
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