Car allowance 100% taxed as other allowance
Posted 20 July 2015
Towards the end of the year I received a car allowance. However at this stage I was not sure of how many kilometers would be done for business. Therefore the allowance is now reflected as other allowance and is taxed 100%. How do I now file my tax returns against travel as it is not reflected under 3701 or 3702 on the IRP5?
Car ownership
Posted 20 July 2015
My Dad purchased a car 7 years ago, and I paid him off within a year to "purchase" the car from him. I recently submitted my tax return but I didn't realize that the car was still registered under his name and I need to submit proof of purchase to SARS. Solutions?
Non-resident doner & resident donee
Posted 20 July 2015
My step father, is a non-resident and non-SA citizen, who never adopted me but is married out of community of property to my mother, is offering me a substantial gift as a result of a recent sale of part of his inherited estate, let's say 500k ZAR.
My understanding of the SA donations tax law is that my step father is not liable to pay any sort of donations tax, nor am I, because the donor (my step father) is not an SA resident. Is this correct? How would I declare this source of inc...
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Claim travel expenses without travel allowance
Posted 20 July 2015
I am a commission earner without a travel allowance. I use my private vehicle for work to go and see clients etc. Will I be able to claim travel expenses (like fuel) and depreciation on the vehicle?
Why does SA Homeloans send me a tax certificate if I cannot claim the interest?
Posted 20 July 2015
Why does SA Homeloans send me a tax certificate if I cannot claim the interest on my mortgage? Can I claim on the life premiums linked linked to my loan?
When is tax payable on a five year fixed deposit with interest on expiry?
Posted 20 July 2015
If you have a fixed deposit with interest on expiry after five years, when do you pay tax on the interest?
It seems that SARS is taxing it every year on what has accrued each year, but surely this causes a cash flow issue for the investor as you are having to pay tax on something you only get in five years time? If this is the case why would anyone take interest on expiry?
I am still waiting on my refund from SARS
Posted 20 July 2015
I am still waiting for Refund from SARS, it has been 20 days since I submitted my tax return. What can I do to speed up the process?
Tax back for SA employee working for SA company living abroad
Posted 20 July 2015
I am a South African employee working for a South African company. I have been living and working abroad while still earning a salary in South Africa. How long do I need to stay out of South Africa for in order to not be taxed for the period I am abroad?
No IRP5 information for 2010
Posted 20 July 2015
After submitting my 2015 tax return and not getting any feedback from SARS, I called the call centre. They told me that my assessment is on hold until I submit my 2010 tax return. The problem with that is the company I worked for at that time liquidated in April of 2010 and did not submit their EMP501, thus no IRP5s were issued. There is no data in the 2010 tax return. How do I go about filing the tax return? I don't not have all the payslips for that period either.
Banking details verification takes 21 days?
Posted 20 July 2015
I was asked to verify my bank details with SARS this season. I have done that the consultant said my refund money should be in my account in a few days. A week after I called the call centre and they said it will take a 21 day period for my bank details to be verified then the payout can be made. Is this true?
What support do I need to supply to support a nil tax return for time worked in UK?
Posted 20 July 2015
I have been requested by SARS to complete a tax return for 2012 as I did not complete one at the time as I lived and worked in the UK for the entire 2012 tax period. In response to SARS request, I submitted a nil tax return and have now been requested to supply supporting documentation.
I am not sure what supporting documentation to supply - the lady at the SARS call centre said I need to get an
affadavit from t...
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When do I have to pay CGT?
Posted 20 July 2015
I had a Capital Gain from the sale of shares in April 2014. My tax return is due by November 2015. Is it better to wait until then and pay the tax or make the declaration now and pay now? If I declare now am I obliged to pay tax immediately or is there a penalty if I only pay by November 2015?
How do I get a tax number - do I still have one?
Posted 19 July 2015
I have been out of work and a few years back (2001 till 2011) I began to work again (2012). What I don't know is, do I still have a tax number and how do I get hold of it?
Does diabetes qualify as disabled?
Posted 19 July 2015
If I have diabetes and am regarded by the company as a person with disabilities, in my tax return can I say I am disabled?
Filed same return twice by mistake
Posted 19 July 2015
I've filed twice by mistake... How do I remove the second version?
Please help me recover all my log in details. I forgot everything
Posted 19 July 2015
Hey. I forgot all my log in details, please help me.
Tax money
Posted 19 July 2015
I need to claim my tax money
Need my tax number
Posted 19 July 2015
How do I get my tax number?
How long does a refund take after verification?
Posted 19 July 2015
Hi. I did my tax return on SARS E filing on the 14/7/15. They then asked for documents which I sent the same day. Until now I have not heard from them. I sent in my Income protector cert and Med aid expense. I did not claim for anything else.
Usually they refund me within a day or two. Is it normal for it to take longer for verification or should I go into their office and make an inquiry?
SMS says -R160.00 due to me. What does it mean?
Posted 19 July 2015
I received the SMS from SARS after submitting my tax returns. It says -R160.00 due to you. What does it mean?
When will I receive the money?
Posted 19 July 2015
I claimed on the 1 of July 2015 but I haven't received my money.
Old Irp5 missing
Posted 19 July 2015
Hi Tim,
I have submitted my Irp5 at a SARS office which I have received June 2015. They informed me that I am being audited and that I had to submit certain documents which I did. After submitting the consultant told me that my tax return would be paid out in 3 working days. It had been more than a week so I phoned SARS to ask what is taking so long. They then informed me that because I was audited the pay out will take 30 days and also that I have an outstanding IRP5 from 2010 that I have to submit that before I can receive my tax return. ...
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Investment property disclosure
Posted 19 July 2015
I bought an investment property in the 2015 tax year. About 3 month's after registration a family member of mine lost their house due to retrenchment and I offered them my house to stay in. They do not pay rent seeing that they do not have an income.
Do I disclose this property to SARS if I'm not getting any income from it?
Tax claims allowed for independent contractor - cellphone, banking fees, internet, fuel?
Posted 19 July 2015
Can I claim the following as an Independant Contractor:
Cellphone Usage?
Banking Fees?
Internet Bills?
Fuel Costs?
Why am I being verified?
Posted 19 July 2015
I just filed my tax return and they selected me for verification. All my documentation that I have is correct. This has never happened before, can it be because I have joined a medical scheme in this financial year that they require the relevant information? I did not have a medical in previous years?
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