I would like to have my tax done with you just need to get all my documents sorted sorted.

  Written by Marc   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

  Written by Marc   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

  Written by Marc   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?

  Written by Marc   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

  Written by Marc   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?

When I query my SARS status it says "AVS Bank with AVS verification pass

  Written by Marc   Posted 18 July 2013

After receiving an IT34 money not yet paid in my bank account and I requested a SARS status and received this answer

Which receipts to be submitted?

  Written by Marc   Posted 18 July 2013

What type of invoices and documents are supposed to be submitted with IRP5?

Expenditure for private person while overseas for business

  Written by Marc   Posted 18 July 2013

Where do I enter a claim for foreign expenditure on the ITR12? I run a S. African B&B, but went to the UK and France specifically to investigate buying a B&B overseas. Can I claim my expenses for this trip?

Taxable Portion on Medical aid paid by company?

  Written by Marc   Posted 18 July 2013

My basic salary is R18,500 per month. My company pays my full medical aid for myself and my 2 kids. The total paid to Discovery is R4,517.00 per month. The portion added on top of my salary to be taxed is the amount of R3,470.00 (Difference of R1,047 from full amount). So Taxable amount is R21,970.00. What I would like to know is how do they get to this R3,470.00? What is the formula to calculate what portion of your medical aid is taxable every month?

How long does it take for SARS to pay out my income tax return after recieving supporting documents?

  Written by Marc   Posted 18 July 2013

Tax return submitted 8/07/2013 they asked for supporting documents that was submitted 15/7/2013 how long before the payout?

Hi, I earn 5500 p/m gross how do I know when I get a return or owe tax money?

  Written by Marc   Posted 18 July 2013

just want to know how to know and when and what?

Country code for South Africa

  Written by Marc   Posted 18 July 2013

What is the country code for South Africa on the tax ITR12 form?

IRP5 code 3616, what is it on my ITR12?

  Written by Marc   Posted 18 July 2013

Can a person claim entertainment expenses on assessment when their earnings are reflected under IRP5 code 3616..

Does a letter from SARS "Verification of assessment" mean that my tax return is completed?

  Written by Marc   Posted 18 July 2013

I've submitted supporting documents to SARS as requested, and received a letter with the heading Verification of Assessment. Does this letter mean that my return is completed and I will receive the refund due to me?

What is the meaning of (account balance 6730 DUE TO YOU)?

  Written by Marc   Posted 18 July 2013

I received this sms from SARS, but am unsure when I am going to receive my income tax refund.

My return was selected for audit. Now a completion letter appears. How long before payment to me?

  Written by Marc   Posted 17 July 2013

My return was selected for audit.How long before payment to me?

Provisional taxpayer, how do I continue? I have been assisted by a tax consultant?

  Written by Marc   Posted 17 July 2013

I'm a provisional taxpayer but I have been assisted by a tax practitioner but now I want to file my tax returns. I'm registered on eFiling, how do I move forward on my own assisted by Tax Tim?

Income tax refunds?

  Written by Marc   Posted 17 July 2013

I've sent my details via eFiling last week, would you please assist me in finding out if I'll be paid out or am owing to SARS?

We run a small business, how do we account for the income tax?

  Written by Marc   Posted 17 July 2013

MY girlfriend and I have had our business for about a year now, we would like to know what we are supposed to do? Tax return number? Provisional tax?Corperate income tax?Turnover tax?I don't understand any of it

can you supply SARS with bak statements

  Written by Marc   Posted 17 July 2013

SARS asked me to submit supporting documents.I work for commission so I have a lot of deductions. As I didn't have ALL my slips, I submitted my bank statements and indicated on them what deductions I made. I also attached my garage card statement. However they didn't accept any of these deductions!

Is it possible?

How do I change my eFiling address online?

  Written by Marc   Posted 17 July 2013

1) I would like to changed my address online please2) and would like to know if I can pay my account owing to sars via debit order.

I used the wrong password three times, and now I cant do my tax return on eFiling?

  Written by Marc   Posted 17 July 2013


I do know my password

How do I get my personal tax reference number?

  Written by Marc   Posted 17 July 2013

need my tax reference number to fill business forms

How do I show provisional tax paid on my ITR12?

  Written by Marc   Posted 17 July 2013

Where do I reflect on my ITR12 what tax I have paid over and above what got deducted by my company?

Medical Aid Tax Credit - source code 4008

  Written by Marc   Posted 17 July 2013

Hi

My Taxable Income is R 322 058. Through the year my medical Aid contributions were R 13 024 and out of pocket was R 11 359.19. I just wanted to check that I shouldn't be getting a rebate on 4008.


The calculation I'm doing is: Contributions and out of pocket (R24 383) - Tax Credit R246 * 12 * 4 (R 11 616) = R 12 767. This is less than 7.5 % of my income ~R24 000 therefor that's the reason why the 4008 allowable deduction is R 0?
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