Last year there was a refund due to me but I did not receive what shall I do?

  Written by Marc   Posted 10 August 2014

What should I do to receive my last year's refund due to me because I am currently unemployed?

Do I need to submit tax return for rental income (only income apart from maintenance) of R80 000?

  Written by Marc   Posted 10 August 2014

I am divorced, not employed and receive monthly maintenance - which is tax free as far as I know? Only other income from rental (annual total for 2014: R80 000). Do I need to submit a tax return?

Why must I pay in every year to SARS?

  Written by Marc   Posted 10 August 2014

I was retrenched 7 years ago, I do received a monthly annuity, in the interim I am employed with the current company. My question every year I must pay in to SARS, WHY?

Can I purchase a voucher by EFT?

  Written by Marc   Posted 9 August 2014

Hi TimCan I purchase a voucher by EFT?

Foreign unemployment benefits - counting as foreign income or otherwise taxable in RSA?

  Written by Marc   Posted 9 August 2014

Hi - I am from Europe, working in the RSA for a South African employer since early in the 2014 tax year. During the period between March 1st 2013 and my arrival/start of work in the RSA, I had no salary, but received an amount in unemployment benefits from the European country I then lived in. Are those benefits taxable in South Africa (as income or otherwise), and if so, under what heading should I enter them for my 2014 tax return? Foreign Income, some other category?

Unemployed, still claim for medical aid and RA ?

  Written by Marc   Posted 9 August 2014

Hi TimI have been unemployed this year so have had no income, but have still paid monthly for my medical aid (me and my daughter) and for my RA. Would I be able to claim any tax rebate/refund for the medical aid or RA ?? Thanks Canz

State pensions received from foreign country

  Written by Marc   Posted 9 August 2014

Are state pensions received from a foreign country taxable in South Africa in cases were contributions to such pension fund was paid while permanently residing and working in said foreign country? Must such amounts be declared as income? Are the banks obliged to advise SARS of such pension money transfers from foreign source?

Donations between spouses for tax purposes?

  Written by Marc   Posted 9 August 2014

Are donations to spouses taxable as income in the hands of the receiving spouse but deductible for the donating spouse?

Where is my tax refund from SARS?

  Written by Marc   Posted 9 August 2014

I submitted my tax return by eFiling on the 25th.7.2014 was then asked to submit supporting documents, which I forwarded on the 28th, and I'd have to wait 5 days for a response. after 7 days, I called into the call centre again. I was informed the submitting documents have been received but not captured yet. I was also informed that the documents are going for auditing and this could take 30 days.

How to get a tax number as a university student tutor?

  Written by Marc   Posted 9 August 2014

I am a student at a university and I have been given a tutoring position, I was told that I will be getting R1500 a month for a 4 month contract and that I need to get registered at SARS for a tax number in order for them to be able to pay me. My question is that how do I go about getting registered at SARS(required documents and information they will ask for) and under which category of employees do I fall under?

how to apply for tax return after 3 years of work

  Written by Marc   Posted 8 August 2014

How can I apply for my tax returns if I worked 3 years ago at a company where I was permanent for two years?

Pension tax payout return for tax purposes?

  Written by Marc   Posted 8 August 2014

Can I get a tax return if I was awarded a pension payout from my previous spouse.

What is a reasonable market related interest rate to use on a loan to a family trust?

  Written by Marc   Posted 8 August 2014

Hi Tim, what is regarded as a reasonable interest rate on a loan made by a trustee to a family (discretionary) trust in order to avoid a "Deemed donation" being made in the form of no/too low interest? I would argue that it would be an "opportunity cost" rate - for example a FNB money market rate.

I need an income tax number

  Written by Marc   Posted 8 August 2014

I want to do my tax returns but I don't have an income tax number, I 'be been adviced to get it so we can proceed?

Do you get a tax return if I received IRP5/IT3A?

  Written by Marc   Posted 8 August 2014

If I have received employee income tax certificate IRP5/IT3A stating the tax I paid on the first withdrawal, do I claim this tax back in my tax return?

Aanvra van IRP5 van my boss?

  Written by Marc   Posted 8 August 2014

Ek wil graag my IRP 5 bekom wat ek nog nie ontvang het nie..Ek verneem graag hoe ek dit kan aanvra by SARS siende dat in my omgewing nie SARS kantoor is nie. Die naaste is in Kimberley en die afstand is te ver om te ry. Kan ek dit elektronies via internet aanvra.? En hoe doen ek dit?

I want to know do I need to pay tax if I earn R5000 a month?

  Written by Marc   Posted 8 August 2014

I earn R5000 a month sometimes I pay more according to my hours

Claim from SARS (tax rebate) for prescription spectacles. not on medical aid?

  Written by Marc   Posted 7 August 2014

Got prescription spectacles from Spec savers. Not on medical aid. Have the account plus receipts. Can I claim on my tax return?

RENT TAX..INDIVIDUALS on my ITR12?

  Written by Marc   Posted 7 August 2014

DEAR TAX TIM...I HAVE A PRINCIPAL RESIDENCE IN ONE PART OF THE CITY BUT OWING TO A JOB TRANSFER I AM FORCED TO RENT OUT THIS PROPERTY AND TAKE A LEASE ON A PROPERTY CLOSER TO WHERE I WORK.

Q. CAN I OFFSET THE RENT INCOME RECEIVED FROM MY PRINCIPAL RESIDENT HOUSE WITH THE RENT PAID TO THE HOUSE I NOW HAVE TO RENT..IT SEEMS UNFAIR IF SARS CHARGE TAX ON RENT INCOME IF THEY DISSALOW RENT EXPENTITURE.

Medical contribution for pensioner

  Written by Marc   Posted 7 August 2014

My siblings and I transfer funds to my mum's bank account monthly to contribute to a Discovery executive medical aid plan which is more than R4000/month; she is the main member. My mum gets a state pension fund which she lives on. She obviously will not submit a tax return. Now, can I claim the portion that I transfer to her account on my tax return. I have a EFT going out monthly from my account.

She is not fully dependent on me but obviously cannot afford a medical aid with a state ...

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Your assessment has been concluded? What does my ITA34 mean?

  Written by Marc   Posted 7 August 2014

Dear j______

Thank you for submitting your income tax return for the 2014 year of assessment. Your assessment has been concluded and reflects an amount refundable to you of R -8275.65

Does this mean I am owed money?

Do I submit an IPR6 form with my optional 3rd payment for provisional tax?

  Written by Marc   Posted 7 August 2014

On your provisional tax page, you say "two (or optionally three) payments are made during the tax year at the end of August and end of February, with an IRP6 required for each one."

There are IRP6 forms in eFiling for 2014-01 and 2014-02, but nothing for 2014-03. Do I need to submit an IRP6 form with my third payment (and, if so, where can I find that form in e-filing?), or do I just pay the additional money with no form?

Do temporary workers pay tax?

  Written by Marc   Posted 7 August 2014

I work as a substitute teacher,do I have to pay tax?

PAYE as SITE on IRP5

  Written by Marc   Posted 6 August 2014

PAYE is deducted from my salary, on a monthly basis. On my IRP5/Tax return my employer has submitted the total PAYE for the period as SITE. Is this correct?

Can improvement be expensed if they are done specifically for an increased rental?

  Written by Marc   Posted 6 August 2014

I own an investment property. The rental agent has advised me that in I can increase my monthly rental markedly by doing various improvements. Can this be construed then as expenses in the production of income, or must the improvements be capitalized? Ideally I would want to expense at least a portion of the improvements.
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