Tax Returns and Refunds?

Posted 8 July 2013

How do I know if I will receive any returns this year when I submit my tax return?

Hi Tim, I was so stressed and looking for answers and thankfully I came across your site! Thank you

Posted 8 July 2013

I have submitted my tax return 2013 and also 2010. I have been selected for audit by SARS and they now supporting documents. The thing is, when I request my IRP5 for 2010 from our bookkeeper, she sends me my 2011 return and I have filed my 2010 return (on the eFiling) with my 2011 return details it seems. How can I correct this? Am I in trouble with SARS? Please advise.

Where do I declare dividends on my tax return for 2013?

Posted 8 July 2013

I received dividends less withholding tax - where do I declare that on the eFiling form?

Disclosure (Forex, shares, unit trusts)

Posted 8 July 2013

Is there a need to disclose that I trade forex online even though I am sitting on a loss?
Is there a need to disclose for this assessment period that I had share investments and unit trusts, I disposed all shares and part of the unit trusts end of March i.e. outside the current assessment yr. after holding them for less than a year (wedding expenses over budget)?

How do I tell SARS I have already paid provisional tax when completing my ITR12?

Posted 8 July 2013

I earn a salary per month which I pay PAYE on. I then have a business on the side which generates about R 10k per month. Do I need to register for provisional tax and if so what do I declare on the IRP6 - only the income relating to the business on the side? What can I deduct as expenses ont he IRP5? Thanks

Why do I have an amount on my IRP5 under code 3698?

Posted 8 July 2013

I just received my IRP5 today from my former employer and I have an amount under code 3698 which I believe is reserved for Gross Non-Retirement Funding Income.
Last Tax Year I was working outside the borders of South Africa and was in the local payroll only because I was in the local Medical Aid (I left my dependents in South Africa while working abroad), I did not receive any other income in South Africa.

If l'm working for construction and don't get the IRP5 what must l do?

Posted 8 July 2013

I've been working for construction companies from 2002 until now 2013 but l haven't received any IRP5,now l don't know if its too late or l can still claim my tax refunds from SARS?

Can't access SARS eFiling?

Posted 7 July 2013

im trying to reset my password and keep on getting invalid password

How do I edit/complete an incomplete form?

Posted 7 July 2013

How do I edit/complete an incomplete form?
I want to add information I left out on the questionnaire.

DO I NEED TO PUT MY FULL NAME AND SURNAME DOWN ON THE TAXTIM WEBSITE?

Posted 7 July 2013

DO I HAVE TO FILL IN MY FULLNAMES AND SURNAME?

Where on the tax return do you declare IT3c (gain/loss)?

Posted 7 July 2013

Where on the tax return do you declare IT3c (gain/loss)?

I have been retrenched in Feb 2012 and don't know how to do my tax?

Posted 7 July 2013

Will I be able to claim back on taxed amounts on my retrenchment package. What documentation do I need to submit to show my retrenchment in 2012.

If I work away from home can I deduct accommodation costs?

Posted 6 July 2013

I live in the Cape but have been working in Johannesburg for six months of the tax year. The company I work for has given me an IRP5 and submitted that to SARS. I am paying for a B&B in Jhb privately - can I deduct that from my salary?

Past tax years, can I still submit a tax return?

Posted 6 July 2013

Hi there .
Is there any way to fill in a tax return from 2009 - 2011 ?
I was paying tax ( came off my salary ) I just never did registered with eFiling nor filled in a tax return .....
( I have now for 2012 )

What happens if the employer made a mistake on the IRP5s resulting in employees owing SARS?

Posted 6 July 2013

Employer forgot to include medical contributions' taxable fringe benefit in the calculation of tax payable but reflected the deemed amount under code 3810, 4005 and 4474. As a result of the changes on the way the allowable medical expenses are claimed at assessment, employees end up owing SARS. What options does the employer have to remedy the situation?

I DO NOT HAVE A FIXED SALARY AS I AM SELF EMPLOYED. WHAT DO I DO NOW?

Posted 6 July 2013

I DO NOT RECEIVE AN IRP5 FORM AS I AM SELFEMPLOYED

What if I'm not working?

Posted 6 July 2013

But I have an account I paying for each an every month ( shopping accounts) so is anything should I get back from SARS

Completion Letter and Verification of assessment

Posted 6 July 2013

Hi Tim

Fantastic Blog.

I received a completion letter from SARS saying that my audit is done after I submitted supporting docs. Then immediately after that the verification of assessment letter. It basically is very threatening and the tone of the letter is such that they were not too pleased with the documents submitted but they will clear the refund with no changes to the original assessment BUT, they then add the punchline that they can audit me at ANY time they so wish.

So if I return my IRP5 for tax return will I get something? for the money that I have been taxed

Posted 5 July 2013

- R5000 that I have paid for tax

Why am I paying lot of money for a year and when I return the IRP5 I get less than R200?

Posted 5 July 2013

Am paying at about R5000 yearly

Allowance codes?

Posted 5 July 2013

Explain what is Allowance code 3713

SARS Return Status.

Posted 5 July 2013

What does a SARS status of "Return - Data submitted to ITS" mean. I already have a ITSA. Just wondering about the status.

No IRP5 for previous years?

Posted 5 July 2013

Thanks for a great site! My question is I did my return on the 2nd July and I'm due for a refund. My concern though is I have been working for - 5years but this was my first return. Is it possible that SARS can penalise me for not filing in the previous years? There are no other IRP5's loaded on my profile so how would I know if I would need to file for those years.

Please assist, thanking you in advance!

Medical Aid & Retirement Annuity for pensioners?

Posted 5 July 2013

I am a pensioner so I filled in my medical aid under Code 4040 R16 446.00.

I also filled in Code 4006 for a small Annuity I have R198 per year.

When I run the calculation I have to pay in an enormous amount for a Pensioner. Have I inserted the above under the right Codes?

Medical tax credit on my income tax return?

Posted 5 July 2013

I do not belong to a medical aid but I had medical expenses of R14 356.00. I work and paid PAYE. Will I have any claim for the expense even though I did not belong to a medical aid.
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