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Salary / IRP5 Posts in Tax Q&A

How to calculate Tax Refund if over 65 with a disabled dependent

  Written by Marc  

I am completing my father's Tax Return for him. He is over 65 and has a dependent, my brother, who is mentally disabled. I have indicated this as such on the return and can see from the calculation that the full medical amount listed is shown as a deduction from the taxable amount. What is confusing me is the only amount being reflected as a refund is the PAYE he paid on some shares that he cashed in and there is no additional refund for any of the mental disabilities. Am I understanding the med...



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Can taxes be deducted if you have never earned more that R40 000p/a?

  Written by Marc  

Hi Tim

My husband earns about R44 000p/a. For the past 3 months, money has been taken out of his account by SARS. According to them, it is outstanding taxes from years passed when he neglected to pay his taxes, however this is the most he's ever earned.

Is that at all possible with his salary?

How does source code 3697 and 3698 work?

  Written by Marc  

I am trying to complete my tax return and IRP5 and I am unsure as to whether the gross income amounts go under 3697 or 3698. My question is, which one do I use?

I don't have a IRP5

  Written by Marc  

Is it possible for me to claim tax return wthout having the IRP5?

How do I work out medical aid contributions when I had 2 employers in the tax year?

  Written by Marc  

I have 2 IRP5s from changing jobs last year and each employer contributed a different amount to my medical aid. How do I calculate my medical aid contributions?

Medical aid source code 4116

  Written by Marc  

Is the medical tax credit stated under code 4116 on the IRP5 to be separately shown on the return again?

Is a?sale of shares held as an investment taxable?

  Written by Marc  

A?sale of shares held as an investment, is it taxable?

Application to register as an employer must be made on which?form?

  Written by Marc  

Application to register as an employer must be made on what?form?

How to declare foreign salary on ITR12 form

  Written by Marc  

Hello Tim,

I earned a SA salary and lived in SA until September last year, afterwards I went back abroad/overseas to my home country and worked there. I already submitted my SARS ITR12 form and I did not mention my foreign earned salary income because it is already taxed abroad and I also could not find the section to add this amount on the ITR12 form. Now my ITR12 form is under verification and I have to submit all relevant forms. Does SARS need my foreign payment slips and do they need my foreign bank statement with the interests? I declared a few rands which I earned on my foreign bank account which is below the threshold...



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Need to know why I must pay in a lot of money

  Written by Marc  

Hi I submitted my tax return for 2012 and was told that I must pay R3400.00 subject to a audit. My docs were forwarded to the auditors. What does that mean please?

Medical expenses deduction without medical aid

  Written by Marc  

Hi. I recently went to SARS and I got my refund back. However I also submitted medical receipts to the value of R3266. My total income was R13850. The amount I got back was R3463. I'm not on any medical aid. I pay cash. Do I not get back some of my medical expenses?

Can l get my IRP5 direct from SARS

  Written by Marc  

The company that l was working for closed and I am failing to get hold of the Accountant. Is it possible to get my 2010 IRP5 directly from SARS for e-filling purposes?

Employer won't give my IRP5, says it is on the system already. How long does it take?

  Written by Marc  

My employer doesn't want to give me my IRP5 form. He said he has already submitted for everyone since July. How long does it take to get on the system?

Cell phone depreciation

  Written by Marc  

I took out a 24 month cell phone contract at the end of January 2013 that I pay for on a monthly basis. My phone is used for business and personal purposes. I wish to write off my cell phone as a depreciation deduction (source code 4027). The cell phone handset is valued at around R6 799. Does this mean that I can write off the full amount of R6 799 for the 2013 tax year as it is less than R7000? What can I use as proof for SARS? A letter from the cell phone company confirming the value of the h...



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Selected for audit with travel allowance. How long to resolve?

  Written by Marc  

Hi Tim

This is a really helpful forum.

I have a query which I require advice on or a possible solution.
I completed my tax return on the 14 July 2013. In the prior year I received my refund in 2 days but this year I had been selected for verification and I submitted all the documents (logbook etc) and then few days later (23 July 2013) I get a notice letter from SARS saying I'm referred for audit (sad I know), so I waited and yesterday I had no response from SARS regards the referred for audit. ...



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Do interns that earn R1200 every two weeks have to get taxed 25% every time they get paid?

  Written by Marc  

Do interns that earn less than R3000 a month have to get taxed? And if an intern earns their money every two weeks do they have to get taxed 25% every time they get paid?

What can I do when I can't find my old IRP5 for SARS?

  Written by Marc  

What can I do when I can't seem to find an old IRP5 for SARS? They need it for my tax return.

ITR12 requires VDP code

  Written by Marc  

Hi Tim

Please assist me. I need to submit my saved ITR12. What steps do I have to follow? There are 3 questions that I am unable to fill: 2 double block questions requesting for codes and a VDP form number.

Thanking you.

Who should pay tax?

  Written by Marc  

I have no clue whether I need to pay tax or not? Is there a difference between tax and U.I.F?

Never submitted a tax return - what kind of tax penalties are there?

  Written by Marc  

Hi Tim,

One of my family members has never submitted a tax return and only actually registered for tax about a year ago. He has been working for about 13 years. That being said, 4 of those 13 years he worked overseas (he worked on the cruise ships were he earned tips only), for 3 years he worked as a waiter where he earned cash and was paid a minimum wage and 5 years as a restaurant manager where tax was deducted from his monthly salary, however, he was never registered for tax by his employer or on an individual capacity. Like I said, he only registered and got a tax number last year (2012). ...



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Source 3920 on ITR12, but not on IRP5. Help!

  Written by Marc  

Source code 3920 with an amount of 100 is reflected on my IT12 but not on the IRP5 that I received. Must I leave this source code on the IT12 on efilling or should it be removed?

I'm getting R3000 per month, must I pay tax?

  Written by Marc  

Hi Tim, I'm getting R3000 per month & I can't afford my tax fee everyday, but I must pay tax. I'm worried.

Is it possible to submit and owe nothing to SARS?

  Written by Marc  

I have completed my ITR12 tax return and submitted it to SARS via eFiling. Is it possible to submit and have nothing further to pay in?

Tracking the SARS process

  Written by Marc  

My husband has given his tax to an accountant to do for him. We would like to know if there is a way that we can track the process of his tax at SARS, for example, if it has been processed and whether we owe money or not.

Online Admob income from a foreign source

  Written by Marc  

I am currently not a registered tax payer nor am I employed, I am however getting into smart phone programming and wanted to know my tax obligation when it comes to individuals who do this kind of thing in their spare time and not as a business operation.

Also - Google Admob (for smart phone app monetization) is in the U.S.A and payments are paid out when a limit of $100 have been reached. (This into bank accounts and not PayPal). At what time should I register as a tax payer and what...



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