Company car and tax return requirements?

Posted 30 August 2014

I have a company car and need to know how to populate my tax return correctly?

How do I get my income tax number online?

Posted 30 August 2014

I dont know my tax number

IT3b documents received from my investment house, what do I do with them?

Posted 30 August 2014

Where do I enter info from IT3b certificates?

Do I submit the IRP5 for 2013 or 2014 for a pension lump sum received in May 2013?

Posted 30 August 2014

What is the financial year for a pension pay-out received in May 2013?

What are the tax implications for international network marketing reps?

Posted 29 August 2014

Would Network Marketing Income (Commission) be treated as small business income? Does expenditure on MLM product (travel, merchandice etc.) & branded clothes be allowed as expenses?Would international income be taxed when paid into an international account or only when transferred to a South-African account?

Do I or the owner fill in the form?

Posted 29 August 2014

I still stay with my parents and have to go verify banking details at SARS. They sent me back to fill in a CRA01 form because the address is not in my name. My question is do I fill in the form or my parents fill it in?

Supporting documents for eFiling registration.

Posted 29 August 2014

I am battling get to get my eFiling working, registration is pending as I need to submit supporting documents.
I have no idea what these are, do you have any idea on what these may be?

Thanks for your help

When will I have to submit my first and annual tax returns?

Posted 29 August 2014

I started working on the 18/08/2014. When will I have to submit my first tax return? And thereafter when will I have to submit my tax returns each year?

Submit tax return without IRP5

Posted 28 August 2014

My ex-employer hasn't given me an IRP5 yet and it doesn't look like I will get one. I do have one IRP5 for 9 months of the tax season from a different employer. Can I submit my tax return without the outstanding IRP5? I was told to get an affidavit from the police station stating that I was not given an IRP5 for the 3 months from my ex-employer.

STILL waiting for registration verfication

Posted 28 August 2014

I'm still waiting for SARS to verify my registration. It's been a week and it still has not been verified. And once I close the notification for my ITR12 it says awaiting document upload?

I owe SARS R0.02 and medical aid didn't pay R1200 can I re-assessed

Posted 28 August 2014

I submitted tax and got notification I have amount due for me to pay and I have R 1200 medical aid amount not paid by scheme?

When will my SARS tax refund be paid to me?

Posted 28 August 2014

I have done a tax return and was told money will be paid into my account in 21 working days. It is now gone over that time. Who should I contact to enquire?

A phone message told me I had won a SARS prize!

Posted 27 August 2014

Is this the truth when you get a message on you phone that says you have won a prize?

Waiting for refund from SARS?

Posted 27 August 2014

I submitted my tax return via eFiling over a month ago. I was issued an ITA34 and an ITSA which states that SARS owes me roughly R3000, yet they still haven't paid. I was not selected for an audit. What may be the hold up and what is the best course of action from here?

What and how much can I claim for on my own car expenses when the car is used for business

Posted 27 August 2014

Hi Tax TimI get paid a basic and commission each quarter of the year. I pay for my own petrol and car expenses and I am looking to claim all of this back from SARS at the end of the year. I have been keeping a log book and I would liek to know the percentage of my expenses that I cna claim back if I rarely use my car for private use. What percentage will I be able to claim back from my business expenses on my car. Can I also claim for my cars depreciation? And again what is the percentage for th...

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First IRP5 2015 setup on TaxTim

Posted 27 August 2014

I am a new provisional tax payer. I understand that I need to submit my first IRP6 by end August 2014, to cover the period March until August 2014. When I choose the tax year as 2015 in the set-up of my taxtim profile, it says I should be submitting for 2014. How do I move forward?

How to read a SARS completion letter?

Posted 27 August 2014

I got a completion letter but I cannot read it; it does not want to open

Interest before death of spouse and thereafter on the tax return?

Posted 27 August 2014

I have to complete a ITR12 for a deceased lady, who only received interest income together with the husband.
They are married in community of propery.
How is the before and after death interest shown on both returns

Medical credits incorrect on IRP5?

Posted 27 August 2014

Can you please assist me. I have noticed that my medical tax credits on my IRP5 is incorrect. What would the reason be for the different amount on my IRP5? Can I change it to the correct amount according to the number of dependents including me on my medical aid certificate? I am sure if I change it SARS will them audit me, which will be fine as I can provide the medical aid certificate stating the number of dependents.

Correcting your surname on SARS registered details?

Posted 27 August 2014

My ITR12 has been filed. My surname is spelt incorrectly. Two letters are swapped around. How can I go about correcting this?

How long does it take to get a refund after I receive an assessment statement after an audit?

Posted 27 August 2014

I filed my return for 2014 and was due for a refund,then my statement showed an outstanding return for 2007,which I had initially filed in 2008 but it appeared there was a technical error. I then called SARS and e-mailed the error message to them and they fixed the problem and issued a revised return which I then filed on the 13th of August 2014(using the self help option with a consultant from SARS. The 2007 statement also showed that I was due for a refund but I was selected for an audit for t...

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Overpaid on second ITA34?

Posted 26 August 2014

I paid the full amount indicated on my second ITA34 (instead of my actual "balance"), but now I realise I paid too much. Will SARS refund me the difference?

IRP5 treatment of retirement lump sum benefits

Posted 26 August 2014

I resigned from my employer in the 2014 y.o.a and took the full withdrawal from my provident fund with the company. The IRP5 received from the company does not include the retirement lump sum benefit received. Would it be correct to include the lump sum payment under code 3901 and claim a deduction as per the directive under code 4115?

As an individual and not a company. How many years must I retain my returns and supporting documents

Posted 26 August 2014

As an individual and not a company. How many years must I retain my returns, medical aid certificates etc.?
Straight forward no expenses.

How to calculate SITE AND PAYE ?

Posted 26 August 2014

I was earning R145 000 ,00 as an individual, what will be my site, for the financial year ended February 2014? My provident fund contribution was R4860,00 per annum.
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