I own half of 2 properties plus earn R7000pa interest on savings. Do I have to pay tax?
Posted 5 August 2013
Hi Tim,I am retired and earn approximately R7000 pa in interest on savings. Do I need to register as a tax payer? I am joint owner of our permanent residence plus a beach cottage.Many thanksBev
Medical aid expenses on behalf of husband
Posted 5 August 2013
Can I claim for medical aid contributions that I make on behalf of my husband? The money comes from my account as a debit order every month.
How would I be taxed if I am spending every second month out the country for work?
Posted 5 August 2013
I have been offered a job within South Africa that has various branches across the world. I will be contracted by the company. Thus I will be spending every second month out of the country, 6 months away and 6 months home. I would like to know how I am going to be taxed because I am not 100% sure?
What is the period of getting your money back ?
Posted 5 August 2013
I submitted my tax return on Wednesday 2013/07/31 and it was confirmed that I would get R1536 back and still today am still waiting for that money. When do you think I will get it exactly ?
Dispute with a calculated result of negative R15000.00
Posted 5 August 2013
Afternoon Tim
It is my first time completing a tax return. SARS has come back to me with an assessed amount of -15000. Must I dispute this? I have paid enough tax already!
Do I need to declare a lump sum death benefit payout to SARS?
Posted 5 August 2013
My husband recently passed away and I received a lump sum death benefit payout, which already had tax deducted from it. Do I still need to declare this income and if so, what type of income is this?
Dispute approved, but payment amount incorrect
Posted 5 August 2013
Hi, I changed jobs and my pension fund was paid to me in a lump sum with tax deducted, but the liberty loaded irp5 incorrectly on e filing so it looked like I didn't pay tax on the amount. I only realised after I filed my tax return so phoned them, they cancelled the wrong certificate and loaded the correct IRP5 onto SARS. I then had to go dispute the matter with SARS. According to them I owed R9700. The dispute was allowed, and they said they owe me R13000, but they only paid me R3500 because t...
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Freelancer questions - Personal / business home office expense and wear & tear on a PC
Posted 5 August 2013
I am a freelancer & am registered as a provisional tax payer.
With regards to sharing rental costs, seeing that one of my rooms in my flat is used for my office, can I add detergents, coffee & tea to my list of expenses? If I had an office, these would come off as office expenses I'm sure. So seeing that I use the communal area of my house, i.e. toilet & kitchen, should the running expenses not be added to the amount I split between personal/business use?
With r...
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If I pay upfront on TaxTim, can I do my tax return later?
Posted 4 August 2013
If I sign up now and pay, can I fill in my tax return later?
Does an additional assessment affect the first assessment of my tax return?
Posted 4 August 2013
I have submitted my tax return and was then selected for audit/verification. I submitted the supporting documents and SARS indicates that they have received the documents, but does not indicate if the assessment has been finalised. They have issued me with an additional assessment (a second one), but this didn't affect my initial assessment. Does it mean that I will be refunded with the amount due to me as per the initial assessment?
Registration of employees who don't earn more than 5000 pm
Posted 4 August 2013
I have a business with 8 employees who each earn below the threshold of tax. Do I have to register them?
Forgot SARS username and password
Posted 4 August 2013
I forgot my SARS I'd and password. Is there a way that you can resend it to me?
Can I register for a tax number before I get the job and then update the details?
Posted 4 August 2013
Hi,I have not registered for a tax number yet and I want to start job hunting.Can I register for a tax number before I get the job and then update the details?Thanks,Lauren
25% tax but under threshold
Posted 4 August 2013
Hi Tim. I'm a freelance drama actor. I get paid around R3000 and am taxed at 25% each month. Do I get a percentage of my tax paid back, or all of it???
Meaning of source code 3805
Posted 3 August 2013
What does the source code 3805 mean?
Query Sars Status button
Posted 3 August 2013
Where on e-filing do I find the "Query Sars Status" button? Looks like I can't find it.
SARS says -R1000. What does that mean?
Posted 3 August 2013
If there is an -R1000 in red on my assessment, what does that mean?
Can a refugee apply for a SARS tax number?
Posted 3 August 2013
Can a non-South African (refugee status holder) apply for a SARS number?
I got a Verification of Assessment letter - when do I get my refund?
Posted 2 August 2013
I filed my return on the 19th July 2013 and got a letter indicating that I should submit supporting documents. On the 30th I submitted the supporting documents and on 31st I received a verification of assessment indicating that there has been no adjustment. However, the original adjustment show that I have a refund. On checking my e-file profile the status reads: correction filed.
Does this mean that I should be getting my refund soon or what?
How to get tax money back
Posted 2 August 2013
Hai. I want to know how to get my tax money back. From SARS.
How long to wait after changing banking details at SARS
Posted 1 August 2013
Hi Tim, it's my first time I did my ITR12.
I got a notice letter asking for supporting docs for source code 4201, I then submitted my unique letter and IRP5, also I corrected my bank details.
My SARS Status shows "AVS Bank Verification Pass". Any idea how long this might take before refund is made to me? Thanks for all the great advice, regards.
Is there any other payment option available?
Posted 1 August 2013
Is there any other payment option available?
I have to use an oxygen concentrator, is this a disability from the tax point of view?
Posted 1 August 2013
Age 77; retired. Male. Diagnosed with emphysema (Chronic obstructive pulmonary disease). Doctor has prescribed an oxygen concentrator (takes oxygen out of the air) to allow me better able to do life's daily chores (walking around, dressing, bathing, shopping etc) with less getting out of breath. Weighs 3 kg and has to be carried or slung from the shoulder. This costs me a capital sum of R35000 and has an anticipated life of 5 years (the concentrator, not me). Is this a disability from the tax po...
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What is the date for submitting a tax return for the current and/or previous tax year?
Posted 1 August 2013
I am confused about how the tax year relates to when you submit your return for that year. If it is August 2013 now, when is the next deadline for submitting a tax return? Has the deadline for submitting for the previous tax year already passed?
Fired, but don't have my IRP5. What must I do?
Posted 1 August 2013
If I have been fired from work and I don't have an IRP5 for my tax return what must I do?
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