Username and password on SARS eFiling
Posted 29 July 2013
How do I create a username and password for myself?
No supporting documentation and previous tax year audits
Posted 29 July 2013
Hi TaxTim,
Two simple questions that I can't find answers to anywhere:
1. What happens if you cannot support expenses for a specific category on a tax audit for year that has already passed and been assessed (say audited for 2010/11 in 2013)? I.e. you lost an expenses file for the full 5 year tax period, and only have partial records via bank statements?
2. How likely is this scenario - i.e. SARS randomly auditing for previous tax years. I.e. during the 2013-14 tax year are you at risk of being randomly audited for the 2011-12 tax year?...
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Depreciation on private car for work
Posted 29 July 2013
Hi, I use my car for work, and I don't receive a car allowance, I am only refunded for services and petrol, can I claim depreciation on the vehicle?
I cannot afford to settle my account with SARS, what can I do?
Posted 29 July 2013
How to solve my account of plus minus R21 000 because I cannot afford to pay?
How do I change the language from Afrikaans to English?
Posted 29 July 2013
How do I change the language from Afrikaans to English on my tax return?
Company tax submission dates?
Posted 28 July 2013
What are the tax return submission dates for a company with a year end of July?
What property expenses can be claimed for tax purposes?
Posted 28 July 2013
I have had to replace floor tiling to my holiday flat. Can I claim as maintenance and claim all costs in the tax year? Previous tiling was of poor quality and was lifting.
Where do I put Donations on tax return?
Posted 28 July 2013
Where do I enter the donation amount made? Does it get entered into the Deductions / Contribution section on the SARS efiling form?
What do medical aid tax credits on my IRP5 mean?
Posted 28 July 2013
My IRP5 reflects an amount under tax credits. The code is 4116. I'm being told this is for medical aid tax credits. When I log into my eFiling. All amounts from my IRP5 are already prepopulated except that amount on my IRP5 for code 4116. Do I copy that amount over to my return before submitting?
Help completing my income tax return?
Posted 28 July 2013
I have futures and share trading accounts. I have all data for completing my return, but have no idea how to complete the return.
How long does it take for refund if required to attach documents?
Posted 28 July 2013
I did my efiling on the 23 July and expect a refund. I was asked to attach documents, medical aid and IRP5 and it was selected for auditing. How long does it take to be deposited the money?
is 5% above your gross medical expenses still deductable?
Posted 27 July 2013
is 5% above your gross medical expenses still deductable?
WHERE DO I FIND HIS TAX REF NR ON HIS IRP5?
Posted 27 July 2013
I AM TRYING TO COMPLETE MY HUSBANDS TAX RETURN ON EFILING BUT THEY KEEP ON TELLING ME THE TAX REF NR IS NOT CORRECT
Bonus, back pay and incentives under income code 3601
Posted 27 July 2013
Dear TaxTim
If you have received incentives and a prosperity bonus within the year, can you claim that back from tax? My employer has added my over pay, back pay, incentives as well as the prosperity bonus under the income code of 3601.
Must I inform SARS about having had children?
Posted 27 July 2013
I registered before having children long ago but now I have two. Must I inform SARS about the responsibility I have now and how it'll change my monthly tax from my salary?
Should I bring my IRP5 to SARS branch?
Posted 26 July 2013
I went to a SARS office and I didn't have my IRP5 with me, but they asked me for my I.D. They checked for me on the system and they gave me my Tax number. I received 2 smses on my cellphone thanking me for filling my 2012 and 2013 tax return and they also stated the amount due to me. The lady that helped me said I should wait for a mail that will be sent to me via post by SARS and then I should come back to confirm my account details. So I just want to know if I should bring my IRP5 next time wh...
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Claiming out-of-pocket medical expenses when you don't belong to a medical aid
Posted 26 July 2013
How do I capture out of pocket medical expenditures when I do not belong to a medical aid..?
I have captured them under code 4020 but when I look at the notice of assessment, the amount to be refunded back to me is exactly the amount on my PAYE source code and it does not seem to take into consideration the out of pocket medical expenses I incurred... How does this work..?
Thank you
Can I resubmit my ITR12 after receiving a payment and IT34 from SARS?
Posted 26 July 2013
I have already submitted my ITR12 and received an ITA34 in response from SARS, but forgot to put in my medical tax certificate contributions in my tax return. I have requested a correction straight after the submission but now SARS already paid an amount into my account. Can we still resubmit the ITR12 with all the information?
Wear & Tear / Depreciation clarification
Posted 26 July 2013
Wear & Tear/Depreciation.
3 part question:
a) Do I claim full depreciation on my private vehicle or only that portion that is used for business purposes, using the business mileage % of the total annual mileage, as the apportionment figure?
b) Do I claim the full depreciation on my cell phone or only the business portion as well?
c) Am I able to claim the depreciation on my vehicle and cell phone for previous tax years if I did not do so at the time?
Business vehicle depreciation period
Posted 26 July 2013
Some years ago SARS advised me that I could depreciate a vehicle used for business over 4 years. Is this correct?
Depreciation for computer under R7000 value
Posted 26 July 2013
Some years ago SARS advised me that I could write off in year one capital goods for my business (computer) under R7k in value (accelerated depreciation).
Is this correct?
Fixing errors on previous returns and resubmitting
Posted 25 July 2013
I never filled in my retirement annuity amount in previous years, only this year. Can I go back and fix this on previous years returns and how far back can I go?
I am trying to understand my IRP5 so I can submit to SARS.
Posted 25 July 2013
under tax withheld - what does the code 4116 stand for?
What do 4474 and 4116 mean on my IRP5?
Posted 25 July 2013
What do the following codes mean on my IRP5? 4474, 4116
Tax Directive was 18%, but SARS taxed me at 25%. Why?
Posted 25 July 2013
Hi Tim,
My income is based on a 100% commission, no salary and no benefits. I applied for a tax directive from SARS and received one at 18%. However, when I did my return I was taxed at 25%. What am I missing here?
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