Should I fill in the amount contributed as per Medical tax certificate or leave it blank ( 4005)?

  Written by Marc   Posted 3 July 2014

hi, I have a medical aid and I am contributing directly , but my company paid for 1 month while I was on part time. When I became permanent I didn't want them to take over the medical aid, so in that way I own it not my company. Now I have to do my returns should I put in the amount I contributed on 4005 or should I leave it blank?

Earning a salary and having a sole prop on the side, how does the tax work?

  Written by Marc   Posted 3 July 2014

I am employed and earn a regular salary from my employer. BUT I also run a small business (just me as Sole Prop) on the side. (I help people with Web development and design work)How does tax work in my case? Do I need to put away a percentage of each transanction and pay it manually each year or how does it work? I don't want to get into any trouble with the tax man :-)

Can I claim tax back on medical expenses if my medical aid is partially subsidized by my Employer?

  Written by Marc   Posted 3 July 2014

I am currently employed and am ready to submit my tax return; however I have a question relating to medical expenses that were not covered by my medical aid. My medical aid is partially subsidized by my company, I contribute 40% and my employer contributes the remaining 60% towards the monthly contributions.
Am I still allowed to claim tax back on these medical expenses even though I do not pay the full medical aid contribution?

Country code for South Africa

  Written by Marc   Posted 3 July 2014

What is the Country code for South Africa that needs to be entered on the SARS eFiling Tax return?

How do I get a tax number?

  Written by Marc   Posted 3 July 2014

How do I register for a tax number?

Assessment Notice - Negative amount in red?

  Written by Marc   Posted 3 July 2014

After filing my return with eFiling, the assessment notice indicated a negative amount in red. Does this mean that I owe SARS this amount of vice versa?

Do I need an IRP5 Certificate for pension drawn out from previous employer?

  Written by Marc   Posted 3 July 2014

I resigned from my previous employer in November 2013 and I drew out my pension fund. I received an IRP5 certificate from them and also have one from my current employer. My question is should I expect to have two or three IRP 5 certificates including the pension fund one?

How do I know if i'm going to pay in tax or receive a refund?

  Written by Marc   Posted 3 July 2014

How do I know if i'm going to pay in tax or receive a refund?

Penalty Fee Tax - medical aid

  Written by Marc   Posted 3 July 2014

i'm paying a penalty fee for my mom to be part of my medical aid. The amount is around R6 000.
1. should this be reflected in my IRP5?
2. if yes/no, there is a code on the tax submission of 4004. should this amount go on there?

Would I be getting some money back or pay in because of that?

Do I need a tax certificate from GEPF

  Written by Marc   Posted 3 July 2014

I resigned at the end of May 2013 from the government. I did receive my pension payment from GEPF. Do I need a tax certificate from GEPF to complete my tax return or is the tax directive enough

Pension fund withdrawal tax refund

  Written by Marc   Posted 2 July 2014

Can I get a tax refund from my pension fund withdrawal when I resigned and how does SARS work out how much you must be taxed on your lump sum?

SARS says I don't have to submit a tax return because I earn under R350 000

  Written by Marc   Posted 2 July 2014

I just got an email from SARS that said unless I earn over R350 000 a year I don't have to submit a tax return this year.

Is this correct? Wasn't the income threshold a LOT lower last year, like R70,000? My income certainly doesn't exceed R350000 per year, but I still want to declare my expenses like medical and get my refund. Must I still submit below the threshold?

Who must submit their income tax returns to SARS?

  Written by Marc   Posted 2 July 2014

Who qualifies to submit their tax returns?

Confused over SOA for SARS

  Written by Marc   Posted 2 July 2014

I submitted my tax return 01/07/2014 and there was a negative balance of R7752.11 which meant a refund is due to me. The only part I added was my medical expenses that I pay myself every month. I am a strictly commission earner as well. Today I receive my assessed IT34 and it says Statement of account assessment -7752.11 and then Refunds 7752.11. Balance 0. What does this mean? Am I not due anything back?

Codes needed for TAX return

  Written by Marc   Posted 2 July 2014

I need to claim for home office expenses and wear and tear on my own cellphone that I use for work ( I check and I qualify for the home office). Which codes to I use on my return for eFiling?

tax income number

  Written by Marc   Posted 2 July 2014

Kan ek asb my inkomstebelasting nommer verkry

What is portion paid on claims?

  Written by Marc   Posted 2 July 2014

On my medical aid certificate, what is this "your portion paid on claims"?

IRP5 is incorrect

  Written by Marc   Posted 2 July 2014

Hi I hope you can help me. on my IRP5 my commission pension and medical aid and pay and car shows as code 3601. when I went to the bookkeeper he said it must be like that. what can I do in this case?

Forgot username and password on eFiling

  Written by Marc   Posted 2 July 2014

Could you please assist me. I have forgotten my username and password. Would like submit my IRP5 via eFiling.

Made a mistake but don't want to pay again

  Written by Marc   Posted 2 July 2014

I have done my return on your side and realized I did a mistake after completion however your system does not allow to correct it, instead it requires me to pay again.

Investement at a loss. How do I claim on my income tax return?

  Written by Marc   Posted 2 July 2014

How do I complete my tax return if I have property that I am renting out at a loss. (Investment at a loss).
What are all the costs that I can claim for .

Do I receive a tax return on my cash medical bills paid?

  Written by Marc   Posted 2 July 2014

Hi my boy was born last year october. i paid all the bills cash it cost me about R45 000 will I be able to get a return on this and how do I go about it?

Why do get audited every year?

  Written by Marc   Posted 2 July 2014

Why do I get audited and asked for supporting docs every year from SARS?

Logbook for tax purposes, must one be kept?

  Written by Marc   Posted 2 July 2014

As a commission earner do I have to have a travel logbook?

How to claim taxed monies from SARS?

  Written by Marc   Posted 2 July 2014

I was working in company from 2005 to 2012 March ,then I lost my job. My pension fund was paid out, SARS taxed my monies. I want to know how do I claim my monies from SARS.
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