Allowance codes?

  Written by Marc   Posted 5 July 2013

Explain what is Allowance code 3713

SARS Return Status.

  Written by Marc   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?

  Written by Marc   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?

  Written by Marc   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?

  Written by Marc   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.

What should my "pay periods worked" be?

  Written by Marc   Posted 5 July 2013

There are pay periods in tax year which is 12 on all my IRP5's, but under Pay periods worked it differs from 12 to 6? what should I submit?

What deduction can be claimed against income code 3713?

  Written by Marc   Posted 5 July 2013

What deduction can be claimed against income code 3713. What allowable expenses can be claimed by an individual if they earned R162 650 Code 3713 R37 106 Code 3606.....?

Commission earned for tax purposes?

  Written by Marc   Posted 5 July 2013

If I earn some commission in addition to my salary, can I claim my travel expenses and cellphone bills.

Reimbursive Travel Expenses -when is it taxable or non-taxable?

  Written by Marc   Posted 5 July 2013

My total reimbursive travel expenses are R13 802 for the 2013 tax year. My company rate is R4,30 p/km and I have received no travel allowances during the year. My IRP5 shows both 3072 R12 319 and 3073 R1 483. What code and amount should I put on my tax return?

Can I deduct car finance payments for tax purposes against a travel allowance?

  Written by Marc   Posted 5 July 2013

I do not lease a car, but I receive a car allowance. Can I deduct my car finance payments or the interest?

I was selected for an audit, received a letter of completion now how long must I wait?

  Written by Marc   Posted 5 July 2013

How long must I wait before getting a refund?

Where do I fill in local dividends (already taxed) on my 2013 ITR12 e-filing tax return

  Written by Marc   Posted 5 July 2013

All the online documentation says the shareholder (beneficial owner) should declare local dividends received in his ITR12 return, but I cannot find where to enter the information. Is it under Amounts considered Non-Taxable or is there an option in the tax wizard that generates this part of the form?

If earning a salary as well as commission but fall below the necessary threshold.

  Written by Marc   Posted 5 July 2013

Would a return not be given for commission as this is heavily taxed?

Is the R3 700 exemption for foreign dividends and interest still available for 2013 tax year?

  Written by Marc   Posted 5 July 2013

Over 65's have an exemption of R33000 on local interest earned. A portion of this exemption (R3 700) was allowed for foreign dividends and foreign interest in 2012 tax year. I am not sure if this still available in the 2013 tax year?

I submitted my tax returns via efiling, however I was chosen to submit documents for verification.

  Written by Marc   Posted 5 July 2013

How long will it take before I get my refund? I have uploaded my documents the same day that I had the request sent.

Medical aid deductions for tax purposes?

  Written by Marc   Posted 5 July 2013

I noticed a deduction on my IRP5 under code 4005 - medical aid contributions. But my employer does not pay my medical aid - I pay the full amount myself after receiving my salary. I asked them about it and they claim that I get the tax benefit on my medical aid monthly. They don't show any deductions/income of this kind on my payslip.

IRP5 query

  Written by Marc   Posted 5 July 2013

I have filled my IRP5 and pressed file, it generated a calculation and it says -R5 049
Does it mean SARS will pay me R5 049 or do I have to pay SARS this money ? I pay a lot of taxes through the company that I work for it seems pretty weird to me and after filing the details it appears on red -R5 049 and under it dispute.
in the end it says

Information declared that impacts this assessment:
Married in community of property

But I am single, could you please cl...

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How much do I pay for this service

  Written by Marc   Posted 4 July 2013

Will I pay a once off amount and when and how do I pay you?

Extra income earned in addition to salaried employee?

  Written by Marc   Posted 4 July 2013

I am a salaried professional employee of a private practice however in my spare time I locum and consult independent of the private practice. It is not a substantial amount of money but how do I go about declaring it in eFiling - not sure where to put it? Also can I then use my professional registration fee as tax deductible?

Must you go to SARS or can you do eFiling from this moment on?

  Written by Marc   Posted 4 July 2013

What I want to know is if you can do your eFiling now or must you wait for a certain period of time?

What must I do or what is the next step after receiving a letter(completion letter) from SARS?

  Written by Marc   Posted 4 July 2013

I filed my taxes and documents were requested by SARS which I sent through. I received a letter called a completion letter. THis is what the letter says " Dear Taxpayer

VERIFICATION OF ASSESSMENT

We refer to the verification of your assessment for the 2013 tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required....

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What is Allowable medical Deduction?

  Written by Marc   Posted 4 July 2013

When I submitted my tax return via SARS efiling last year, my tax calculation document stated that I had an "Allowable medical Deduction" (code 4008) of R8640. I am on private medical aid and my employer doesn't make contributions to my medical aid.

This year, (even though my total contributions (code 4040) for 2012/2013 have been higher), my "Allowable medical Deduction" is R0. What is this "Allowable medical Deduction" and how is it calculated?

As the Tax Practitioner, how do I file clients returns using SARS eFiling?

  Written by Marc   Posted 4 July 2013

As the Tax Practitioner, How do I File clients returns using SARS eFiling? I'm registered as a tax practitioner and I can file my return but the question is, how do I do it for my clients?

I'm on a commission only based income - my income varies substantially monthly what should I be taxe

  Written by Marc   Posted 4 July 2013

One month I could earn R20,000.00 and the next month R5,000.00 I get no basic, allowances, pension, medical etc

Finger error on eFiling, can i resubmit my tax return?

  Written by Marc   Posted 4 July 2013

By mistake when I want to press query button on my eFiling page to query my tax return status by SARS. I pressed the correction button, will it have any effect to my tax been filled already and if how must I remove it?
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