May I claim ADHD medication and part time university fees on my tax return?
Posted 20 September 2014
Good day Tim
I am not very clued up when it comes to tax affairs.
A brief background. I am employed and and fall into the higher tax brackets if that assists in any way.
My question is :
May I claim my Adhd medication on my tax return, it is approximately R 620.00 a month.
Secondly May I claim my part time university fees on my tax return. This is approximately R18 000.00 a year.
Your response will be greatly appreciated.
Where do I declare exempt income from the UN?
Posted 19 September 2014
I work for the UN in South Africa, and have a letter stating that my income is exempt as per article IX of the convention of Priveledges and immunities dated Fenruary 13 1946, where do I put the amount earned in my return? Is it part of exemption under s10(1)(o) or do I declare it under other, in the exempt income?
What is the charge for TaxTim?
Posted 19 September 2014
What is the charge for TaxTim?
no credit/cheque card
Posted 19 September 2014
i don't have a credit or cheque card can I give you my bank details
amount of -R0,09 as a refund?
Posted 18 September 2014
-R0,09 ?s how much or ?t means how much I can get from SARS?
Rent income for shared property owned by my wife and me?
Posted 18 September 2014
Our property (including a garden flat) is owned 50/50 by my wife and I. We stay in the house (primary residence).
How do we declare the Rent Income from the garden flat - just divide it in half for each person (including the applicable deductible expenses e.g. electricity)?
where do I make the payment I owe sars?
Posted 18 September 2014
where do I pay sars the money I owe?
How do I register for a tax number as an independent consultant?
Posted 17 September 2014
How do I fill in the the IT77 form (register for a tax number) if I am a self employed independent consultant that works on a contract bases?
Resubmission of documents to SARS?
Posted 17 September 2014
I submitted my tax return via eFiling on 18 August. I was then selected for verification and today, 23 days later I received a document re requesting the documents to be uploaded. Why would SARS ask for the same documents again and how long will this process take?
Have not done eFiling for 2013 will I be in trouble and I don't work any more.
Posted 17 September 2014
I would like to know if I have not done eFiling for 2013 and I want to submit to SARS will that be a problem? Also I don't work any more almost 5 months what will this mean for me in terms of tax returns or will there be a problem with SARS.
How do I get my tax number?
Posted 17 September 2014
I want to get my tax number without queuing on SARS line.
Will my tax still be paid out?
Posted 17 September 2014
Once my tax was submitted and I've been told by SARS I will be paid out by the 19/09/2014 and they call me to tell me I need to have a medical certificate which I don't have will my tax be paid out if I ignore it or what will happen?
Do we include inheritance and personal property as a sole prop when filing small business tax return
Posted 17 September 2014
I'm helping my mom do her tax for her small business. We have deducted all the necessary amounts under the expenses section. My mom owns a house that is standing empty and she has a small inheritance of about R100 000. she is a sole prop. do we have to declare this? they are not part of running the business. this is invested in a money market account. she does declare the interest earned to tax.
What is the importance of an IRP5 form?
Posted 16 September 2014
Importance of IRP5 FORM
Second IT34 says amount payable by you. Do I owe them or not?
Posted 15 September 2014
After a audit the amount that was owed to me, that had a negative, now shows that that same amount is payable by me. Almost had a heart attack. But when I read on. It says that my acc is 0.00. I don't understand why I owe them. I only claimed my cash medical payments. And been paying my tax as I should. How can I owe them. First ITA34 shows -9690.00. Second ITA34 shows 9690 payable by you. I don't have this kind of money. I think something went wrong. If they say 0.00 account in the second parag...
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Knowing my tax bracket to pay to SARS?
Posted 15 September 2014
Hello, I'm earning 12000 per month so l would like to know how much tax should my employer pay to Sars?
Return - Data Submitted To ITS : efiling
Posted 15 September 2014
I have done my tax return on efiling for 2014, and which is now: 'Return ?%u20AC%u201C Data Submitted To ITS'. My assessment has been done, and I have received a statement of account and the completion letter as well. The statement reflects that there is a refund due to me.
My question: How long does it take for SARS to process my refund, and how long do I have to wait for the amount to be paid into my account?
ITSA - Manual refund
Posted 15 September 2014
I had filed the tax through the tax practitioner and now I got the Statement of Account: Assessed Tax , last Friday its says " Manual refund" under the transaction description in the ITSA document. How long it will take to credit into my bank account.
Tax number needed from SARS?
Posted 15 September 2014
I need my tax number, I can't seem to find it. I do have my UIF Referance number, would you be able to help me get my tax number please?
How to file your taxes if you don't stay permanently in SA anymore
Posted 14 September 2014
I have moved from South Africa and I am working and living in another country. For the full current tax year I have been working abroad and pay my taxes here. However how do I go about filling in my taxes in South Africa. What boxes do I need to check? I do not have any income coming in South Africa but I still have my house there.
Please assist, I don't understand ITSA from SARS.
Posted 14 September 2014
Hi Tim
I received the following sms from SARS "A Statement of Account has been issued on SARS eFiling. what does this mean??
PAYE tax credits on IT14
Posted 13 September 2014
When completing the IRP6 you deduct the amount of PAYE allready paid. When completing the wizard to create the IT14 form, under Tax Credits it asks "Will the company be claiming any PAYE credits reflected on an IRP5 tax certificate" - would you complete this if you deduct PAYE from your employees, like on the IRP6? Or how does this section work?
How do IT3(b)s work for accrued interest to prevent double taxation?
Posted 13 September 2014
An IT3(b) certificate from my bank for a fixed deposit usually saysNet Accrued: XNet Earned: YInterest: X+YSo X+Y should be declared on my tax return under code 4201 if I understand SARS guidelines correctly.If that is the case, since the accrued interest is not yet paid to me, the following year it will be paid out.Then would it not occur in Net Earned the following year and essentially be taxed again? Or does the IT3(b) take that into account?
What does a correspondence from SARS mean?
Posted 12 September 2014
SARS has issues a correspondence to me which requires my attention. What does this mean?
TAX R 6000.00
Posted 11 September 2014
how much tax is due when I am earing a commission salary of R 6000.00
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