Been offered a job in South Africa but will be paid to a offshore bank account do I need to pay tax?
Posted 23 July 2013
Employer is a large international company with offices in SA. I will be living and working full time in SA. They are not deducting PAYE at source and they are paying me in GBP to an offshore account of my choosing. Do I still need to pay tax in South Africa?
I submitted my returns on the 22/07/2013 and after received an sms saying:
Posted 23 July 2013
Thank you for filing your 2013 tax return. Account balance R3564 due to you. What I want to know is do I owe SARS or SARS owe me?
How does the rental tax on a first property, paid in cash, work?
Posted 23 July 2013
I currently live with my parents, on their property. I am looking at purchasing an apartment for R650 000 and renting it out. I have been given the option of paying for this in cash and then paying my family back at their low bond rate of 6.5% (prime -2%).
The property will be rented out for R5500. The expenses on the property (rates and levys) are R1800. So the rental income would be R3700pm. This R3700 as well as another R4300 will be paid monthly to my parents (total R8000pm).
...
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How much my refund because I submitted an ITR12 income tax return?
Posted 23 July 2013
Because yesterday I submitted my IRP5 to SARS
HI TIM, AVS BANK AVS VERIFICATION PASS IS THE CURRENT STATUS. PLEASE LET ME KNOW WHAT IS NEXT
Posted 22 July 2013
HI TIM, AVS BANK AVS VERIFICATION PASS IS THE CURRENT STATUS. PLEASE LET ME KNOW WHAT IS NEXT
I have done my submission on eFiling and calculated result is -R3963
Posted 22 July 2013
Does this mean I owe SARS or they owe me and they have requested doc from me for audit how long does this process take once submitted on eFiling and if I get a refund how long does it take?
Starting with tax
Posted 22 July 2013
Hi Tim, We are two employers that works in a small company, and after one and a half years we found out that our employer did not pay or fill out the necessary documentation for our tax. We would like to sort this out ourselves as soon as possible - where do we start? Will there be any penalties? How can we work out what this will be? We both started working for the company after University. Personally I break even every month after medical aid contributions, student debt, rent etc. My co-worke...
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How to fix a mistake on SARS eFiling?
Posted 22 July 2013
I filled in my tax and submitted, but realized that I made a mistake on the form. I tried to get a correction but it failed. I filled a new tax in and submitted. They then asked for my forms, which I gave and now I am waiting for my refund. I have had no more communication from them and it has been a week. What is going on? Will I get my refund?
Medical Aid, out of pocket expenses, can I claim on my ITR12 Tax Return?
Posted 22 July 2013
I paid an amount of R7k in medical expenses out of my own pocket and did not claim from medical aid. How much of that amount will I get back from SARS?
What happens when I press the Query Sars status button?
Posted 22 July 2013
What happens when I press the Query Sars status button?
Letter of Completion, but not happy with SARS or my income tax refund?
Posted 22 July 2013
I filed my husbands tax return this year, and received an ITA34, however I was asked to upload supporting documents for audit. I have done this, and then received a letter of completion 3 days later. However, I still have not received an ITSA, and I don't agree with the amount for refund that they come to. On my SARS profile, it says still being assessed.
What does this mean? Has my husbands return been completed, or is it still being assessed? And what is the best way to dispute a re...
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What do I do if I can't upload all my documents on eFiling? It says I have reached my limit.
Posted 22 July 2013
I submitted my return a week ago, and I do not have a medical aid, but did keep all my receipts for medical expenses. They asked me to supply the supporting documents which I did, but it was about 30 pages of receipts first I uploaded the 20 pages and then they told me that I cant upload more than 20 at a time, then in order for me to upload the rest of the 10 I made a dispute NOO document and attached a letter explaining the reason and than I uploaded the rest. I am afraid that I have done th...
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How does the refund process work?
Posted 22 July 2013
How do I go about getting my tax refund, and how long does it take, will it be put in my account or given to me cash on hand?
How can I get my tax number on my phone?
Posted 21 July 2013
You cannot, you would need to follow these instructions:
How to get a SARS tax number
IRP5 refunds
Posted 20 July 2013
How will I know that I have money that is due to be paid to me which is my IRP5?
Claiming back on spectacles from SARS?
Posted 20 July 2013
Can I claim VAT back on purchasing spectacles as a medical expense?
My ITSA showed that I received a refund but it was reversed the same day.
Posted 20 July 2013
I now have the same balance which shows it will be refunded with no request for further audit or supporting documents. Why would this happen ?
Thanks
How long does it take to get a refund from SARS?
Posted 19 July 2013
I receive a form at work from SARS, but I don't know how it works?
How much does and agency must deduct for tax from a temporary worker?
Posted 19 July 2013
My sister is working as ENA in a hospital under an Agency but she doesn't understand how they deduct so much money claiming that the money is tax money, at the same time she is not permanent. They get paid on a weekly basis depending on how much hours they work, but the normally work about 3 or 4 days a week. please help, their previous Agency paid them about R1300 a week but the one they changed to pays 700 a week.
How much tax do I have to pay as a self employed buinessmen?
Posted 19 July 2013
Hey Tim, awesome site and very helpful info. I am not sure of my tax number, I was out the country for a few years and before that I was self employed and now again I am self employed. I last worked for a company n SA probably 10 years ago.
We have started 3 businesses since we have been in SA (my wife and I) and the first 2 didn't really get going at all and cost much more than they made which wasn't much at all. They were both Close Corporations but we never got to the stage when we got a bookkeeper in to do anything...
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I would like to have my tax done with you just need to get all my documents sorted sorted.
Posted 19 July 2013
I would like to ask you a question. I started working December 2012 and only worked 3 months this tax year. I earned R25000 a month. A lot of my friends said we will get most of the tax paid back for those 3 months because we just started working. Is that true or not? Please can you explain it to me?
Completed the questions - Paid R 149.00 before questions. Ended then you ask for another R 199.00
Posted 19 July 2013
How do I view the tax return?
Included medical scheme contributions and other medical expenses, but code 4008 says R0.00
Posted 19 July 2013
I just submitted my tax return. I received my ITA34. I contributed R7192.00 to my medical scheme (Code 4005) and also R1592 for other medical expenses not paid by the medical aid (Code 4020) but on the ITA34 my medical expenses is 0 (Code 4008), thus my deductions allowed is also on 0. So it says I will be getting back -1840.00, but shouldn't it be more because of my medical expenses and medical aid payments? Or do SARS first have to check this and possibly do an audit before they take my total ...
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What is source code 4473 on my IRP5?
Posted 19 July 2013
AS a deduction what deduction is source code 4473 used for.
Please enter the total amount for the year you personally spent on medical aid contributions which d
Posted 19 July 2013
Please enter the total amount for the year you personally spent on medical aid contributions which did not get taken off your salary. On my medical certificate I got a amount for contributions from 1 March 2012 to 28 February 2013 and also one for Claim not from the medical aid. Which amount must I put in here?
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