What happens if the employer made a mistake on the IRP5s resulting in employees owing SARS?
Posted 6 July 2013
Employer forgot to include medical contributions' taxable fringe benefit in the calculation of tax payable but reflected the deemed amount under code 3810, 4005 and 4474. As a result of the changes on the way the allowable medical expenses are claimed at assessment, employees end up owing SARS. What options does the employer have to remedy the situation?
I DO NOT HAVE A FIXED SALARY AS I AM SELF EMPLOYED. WHAT DO I DO NOW?
Posted 6 July 2013
I DO NOT RECEIVE AN IRP5 FORM AS I AM SELFEMPLOYED
So if I return my IRP5 for tax return will I get something? for the money that I have been taxed
Posted 5 July 2013
- R5000 that I have paid for tax
Why am I paying lot of money for a year and when I return the IRP5 I get less than R200?
Posted 5 July 2013
Am paying at about R5000 yearly
Allowance codes?
Posted 5 July 2013
Explain what is Allowance code 3713
SARS Return Status.
Posted 5 July 2013
What does a SARS status of "Return - Data submitted to ITS" mean. I already have a ITSA. Just wondering about the status.
No IRP5 for previous years?
Posted 5 July 2013
Thanks for a great site! My question is I did my return on the 2nd July and I'm due for a refund. My concern though is I have been working for - 5years but this was my first return. Is it possible that SARS can penalise me for not filing in the previous years? There are no other IRP5's loaded on my profile so how would I know if I would need to file for those years.
Please assist, thanking you in advance!
Medical Aid & Retirement Annuity for pensioners?
Posted 5 July 2013
I am a pensioner so I filled in my medical aid under Code 4040 R16 446.00.
I also filled in Code 4006 for a small Annuity I have R198 per year.
When I run the calculation I have to pay in an enormous amount for a Pensioner. Have I inserted the above under the right Codes?
What should my "pay periods worked" be?
Posted 5 July 2013
There are pay periods in tax year which is 12 on all my IRP5's, but under Pay periods worked it differs from 12 to 6? what should I submit?
What deduction can be claimed against income code 3713?
Posted 5 July 2013
What deduction can be claimed against income code 3713. What allowable expenses can be claimed by an individual if they earned R162 650 Code 3713 R37 106 Code 3606.....?
Commission earned for tax purposes?
Posted 5 July 2013
If I earn some commission in addition to my salary, can I claim my travel expenses and cellphone bills.
Reimbursive Travel Expenses -when is it taxable or non-taxable?
Posted 5 July 2013
My total reimbursive travel expenses are R13 802 for the 2013 tax year. My company rate is R4,30 p/km and I have received no travel allowances during the year. My IRP5 shows both 3072 R12 319 and 3073 R1 483. What code and amount should I put on my tax return?
Can I deduct car finance payments for tax purposes against a travel allowance?
Posted 5 July 2013
I do not lease a car, but I receive a car allowance. Can I deduct my car finance payments or the interest?
Where do I fill in local dividends (already taxed) on my 2013 ITR12 e-filing tax return
Posted 5 July 2013
All the online documentation says the shareholder (beneficial owner) should declare local dividends received in his ITR12 return, but I cannot find where to enter the information. Is it under Amounts considered Non-Taxable or is there an option in the tax wizard that generates this part of the form?
If earning a salary as well as commission but fall below the necessary threshold.
Posted 5 July 2013
Would a return not be given for commission as this is heavily taxed?
I submitted my tax returns via efiling, however I was chosen to submit documents for verification.
Posted 5 July 2013
How long will it take before I get my refund? I have uploaded my documents the same day that I had the request sent.
Medical aid deductions for tax purposes?
Posted 5 July 2013
I noticed a deduction on my IRP5 under code 4005 - medical aid contributions. But my employer does not pay my medical aid - I pay the full amount myself after receiving my salary. I asked them about it and they claim that I get the tax benefit on my medical aid monthly. They don't show any deductions/income of this kind on my payslip.
What must I do or what is the next step after receiving a letter(completion letter) from SARS?
Posted 4 July 2013
I filed my taxes and documents were requested by SARS which I sent through. I received a letter called a completion letter. THis is what the letter says " Dear Taxpayer
VERIFICATION OF ASSESSMENT
We refer to the verification of your assessment for the 2013 tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required....
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What is Allowable medical Deduction?
Posted 4 July 2013
When I submitted my tax return via SARS efiling last year, my tax calculation document stated that I had an "Allowable medical Deduction" (code 4008) of R8640. I am on private medical aid and my employer doesn't make contributions to my medical aid.
This year, (even though my total contributions (code 4040) for 2012/2013 have been higher), my "Allowable medical Deduction" is R0. What is this "Allowable medical Deduction" and how is it calculated?
I'm on a commission only based income - my income varies substantially monthly what should I be taxe
Posted 4 July 2013
One month I could earn R20,000.00 and the next month R5,000.00 I get no basic, allowances, pension, medical etc
Finger error on eFiling, can i resubmit my tax return?
Posted 4 July 2013
By mistake when I want to press query button on my eFiling page to query my tax return status by SARS. I pressed the correction button, will it have any effect to my tax been filled already and if how must I remove it?
How do I claim for buying a house?
Posted 4 July 2013
I am a freelancer in the film industry. I have been told that I can claim back for buying a house and renovating it. Is this true? I would also like to claim back for my car expenses. I have receipts for fuel and maintenance and my opening and closing kilometers for the tax year. I'm not sure how to fill in the log book though, do I need to fill in for each trip?
I don't have an IRP5 option and when I click on returns issued nothing happens?
Posted 4 July 2013
I have not used e-filing while.
Leave pay
Posted 4 July 2013
I work as an sales rep. I don't know how to call this. At my previous employer I got a (leave pay bonus) if I took leave. They explained it to me at the time that because I work for commission that I was entitled to the (bonus) as if I made a sale in that month so they paid me this (leave pay)
My new company does not know what I'm talking about and my previous employer has closed down.
Do you maybe know what I'm talking about?
HI TIM, Wonderful Blog
Posted 4 July 2013
I worked in South Africa for 44 days in the Financial Year 2012-2103. I went back to India.
Recently I have efiled my Income tax return via online from India and I got ITA34 with the refund amount of Rand 7288.
With in a Minute I got email from SARS to submit few Support documents. I confused what are all the document I have to submit.
So I have submit the below document.
1) IRP5_IT3a
2) Discovery_Certificates
3) IT34
4) The document which I got from SARS regarding Support Document uploads...
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