How does source code 3697 and 3698 work?
Posted 21 August 2013
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
Posted 20 August 2013
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?
Posted 20 August 2013
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
Posted 20 August 2013
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?
Posted 19 August 2013
A?sale of shares held as an investment, is it taxable?
Application to register as an employer must be made on which?form?
Posted 19 August 2013
Application to register as an employer must be made on what?form?
How to declare foreign salary on ITR12 form
Posted 19 August 2013
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
Posted 19 August 2013
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
Posted 18 August 2013
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
Posted 17 August 2013
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?
Posted 16 August 2013
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
Posted 16 August 2013
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?
Posted 16 August 2013
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?
Posted 15 August 2013
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?
Posted 15 August 2013
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
Posted 15 August 2013
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?
Posted 15 August 2013
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?
Posted 15 August 2013
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!
Posted 15 August 2013
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?
Posted 14 August 2013
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?
Posted 14 August 2013
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
Posted 14 August 2013
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
Posted 14 August 2013
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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Will I owe SARS?
Posted 14 August 2013
What's the possibility of me owing SARS? I'm working for a company for 6 years paying PAYE every month. I started with earning R5000 per month in 2007 now R11000 per month in 2013.
How do I submit without my IRP5?
Posted 14 August 2013
What can I do to submit without IRP5? My employer didn't give me one.
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