Provisional Taxpayer or not?
Posted 29 December 2014
Im currently working for a employer whom pays my salary monthly along with benefits such as Vehicle, Cell Phone, Medical and UIF/Pension. I'm also a partner in a small business that doesn't return large amounts, largest would be R60 000.00 per annual however would be paid out as a salary and also taxed. Would I therefore fall under a provisional tax payer or normal? Noting again that the income gained from the business is paid as a salary over the year and has its own taxes on it.
Can I still claim my taxes this year?
Posted 22 December 2014
Can I still claim for my taxes this year and what is needed?
Do I have to pay tax on a monthly salary below R20833.00
Posted 7 December 2014
Anybody earning less than R250000.00 per annum don't have to submit tax returns according to media reports, that is equal to R20833.00 per month. Does that mean if your monthly salary is below R20833.00 no tax should be deducted monthly?
Can I claim medical expenses as a dependant on my husband's medical aid?
Posted 3 December 2014
I'm a new provisional taxpayer. Our private medical aid is in my husband's name. Can I claim anything for my medical expenses not covered by medical aid?
What is a referral of audit?
Posted 2 December 2014
What does it mean when you have been referred for audit, even though you have submitted your tax return and supporting documentation? Is it because I have a big medical refund?
Can a new taxpayer claim refunds for last five years?
Posted 2 December 2014
My wife did not register as a taxpayer previously because she was told she earns a salary below the taxpayer threshold. She now intends registering as a taxpayer. Can she file returns for the last five years since she has incurred medical expenses on her own medical aid amounting to R50000 which was never recovered from the medical aid. Will she receive a tax refund for her medical expenses for the last five years?
Are contact lenses tax deductible medical expenses?
Posted 1 December 2014
Are contact lenses tax deductible medical expenses?
Return - Data Submitted To ITS. Audited and Reviewed. Does it take longer to refund?
Posted 1 December 2014
I submitted my eFiling on the 18th and then submitted my supporting Medical payments on the 20th. I have noted on the system it says the last Status is 27th. A refund is owed to me, should I call the call centre to find out when will I get the monies?
Refund on unclaimed medical aid contribution
Posted 28 November 2014
For the last 5 years I did not claim for the medical aid contribution I made via my company because I did not know that I can. Can I now ask SARS for the refund?
Request for correction
Posted 27 November 2014
I made a small mistake in filing my return realized it after 8 days and used RFC and got the following message:You have received the following:Please note that your return cannot be processed as SARS is currently reviewing your assessment. The return will be reviewed as part of this process. SARS will advise you on the outcome in due course. Attached to Enforcement caseBasically I fixed the medical aid information as per the certificate. Previously I was due a refund of 800 rands, now it 0.95 ce...
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How do you calculate Med/Scheme tax credit and Additional medical expenses
Posted 27 November 2014
I am 81 and married and I see that the way one shows medical expenses seems to have become complicated. Am I correct in working it out as follows?
My Medical scheme fees for the year are R22 896.00 and additional medical expenses R8335.
In the line ?%u20AC%u0153Medical scheme fees tax credit?%u20AC? I enter R6168 (R257x2x12).
Excess Medical scheme fees are R4392 (R22896-3xR6168)
In the line ?%u20AC%u0153Additional medical expenses?%u20AC? I enter R4342.33 (R4392 R8335)/3
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What is tax on R10700 per month?
Posted 26 November 2014
How much I will be tax if I have a cash component of R10700 and also other expense such as medical and pension fund and uif?
Young Disabled rebates applicable?
Posted 22 November 2014
What are the rebates for disabled people below age 65?
Treatmnet of taxable earnings refunded in clawback of maternity leave
Posted 21 November 2014
My question is around the treatment of the tax on maternity leave that is clawed back. Our company pays 4 months full pay while an employee is on maternity leave,but there is a clawback should the employee resign within 12 months of returning from maternity leave.
We calculate the clawback on a gross salary plus allowances and any benefit payments, eg: Basic pay, plus travel allowance, plus company paid medical aid, plus company paid provident fund, and deduct the sum of these from any outstanding money due to the employee. We deduct the total due as an advance and credit the cost centre accordingly....
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Do I need to include my pdf certificates?
Posted 21 November 2014
Do I need to include my IRP5 certificate, Momentum and medical aid tax forms with my return?
IT3(b) certificate how to enter it
Posted 20 November 2014
I have an IT3(b) tax certificate from my medical aid, but nowhere am I asked to include this during the process of filing my return?
Will I get a refund in november wrt my medical aid?
Posted 20 November 2014
for the last 2 years I received a refund from SARS re: Medical Aid in Novemberwill I get one this year?
Is claiming for my old aged dependent mother allowed from SARS?
Posted 19 November 2014
I pay for medical aid for my mum , she collects government pension and Is otherwise dependent on me , she lives with me too . Can I claim from SARS for medical aid contributions and amounts not recovered from medical aid for tax period 1 March 2013 to 28 Feb 2014
claim if paid medical not in your name
Posted 19 November 2014
if you pay someone medical can you claim
Medical plan contribution?
Posted 19 November 2014
I make a medical plan contribution of R850.00 each month. this amount includes the employers' contribution. The contributions are kept in a separate bank account and not controlled/managed by organisations like Discovery Life etc, therefore I cannot provide a tax certificate for this medical plan. What should I do in this case?
Want to declare my expenses like medical and get my refund
Posted 18 November 2014
Want to declare my expenses like medical and get my refund?
Query for Tax Tim Website - want to know what documents to bring along to the internet store before.
Posted 18 November 2014
What documents do I need when asking tim to complete my SARS tax form? IRP5 and anything else ?
Mistake on my tax return and I wish to fix it?
Posted 17 November 2014
I have filed my return via eFiling only to see afterwards I made a mistake , how can I correct it? Can I request a new return? The mistake I made was to not include my medical aid contributions for the whole tax year.
Was unemployed for the year but paid medical aid and received local interest, can't file return?
Posted 17 November 2014
I don't live in South Africa anymore but I did contribute to a medical aid last year for 5 months. Plus I have an investment that has earned interest. I never earned any other income in South Africa, only in the country that I live in now. If I want to file my tax return I would only need to fill in the medical aid contributions and my local interest. On the first page of my tax return it does not allow me to create a form where both medical aid contributions and local interest appears. If ...
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Can I claim back tax from contributing a monthly amount to a parent?
Posted 17 November 2014
I make a monthly contribution to my mother as she is a pensioner. Would I be able to claim back on this tax?
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