late submit and refund, now what?

  Written by Marc   Posted 18 May 2013

We only found out in April that our tax forms for 2010 and 2011 were not submitted so we did it and got a refund on that 2 years. So submitted the 2012 tax forms but on this one we own SARS money we paid it! So for 16 days we waited for the refund money we call them Friday and they said we need to bring them the deposit slip and we must pay the penelty before they can refund us, but by my understanding that penelty will be taken for the money that they own us or do we have to pay the penelty and...

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If you get a a lump sum payment, for example as a trustee, in a form of remuneration what is the tax

  Written by Marc   Posted 17 May 2013

How is that amount taxed, e.g you get paid R500 000 as a remuneration a once off payment.

Garnishee order from employer

  Written by Marc   Posted 17 May 2013

I've got a problem, I owe SARS R3000 and my employer is deducting the money about R250 for garnish, and now I must submit my IRP5 form for 2008 and 2011 which they didn't give me. So I want to know who's wrong there.

Will I pay penalties?

  Written by Marc   Posted 17 May 2013

I have been working for around 12 years in permanent jobs, and have never registered for tax, I want to now register as a tax payer. Will I have to pay penalties for this?

How can I get my tax number?

  Written by Marc   Posted 16 May 2013

I registered at sars and they gave me a tax number and now I lost it and my employer needs it. Where I'm at now its far from my nearest sars. What can I do?

I am contributing 100 percent to my medical aid and its deducted by my employer what will my code be

  Written by Marc   Posted 16 May 2013

I am contributing 100 percent to my medical aid and its deducted by my employer what will my code be?

Hi, I am a fulltime student that does part time locum work. Do I not qualify for some sort of rebate

  Written by Marc   Posted 16 May 2013

As a fulltime student I do locum work to support myself and my 2 kids and pay my bond ( I've worked before). Do I not qualify for some sort of tax discount due to the fact that I'm a fulltime student? I sometimes during holidays earn up to R10000 a month, otherwise I bring home about R4500-R6000 a month

How much tax do I pay on my retirement fund R 75000.00?

  Written by Marc   Posted 15 May 2013

Was this due to you retiring or due to an early withdrawal?

TAX NUMBER

  Written by Marc   Posted 14 May 2013

MY FATHER DIED 2001 AND I AM BENEFICIARY AT WORK SO TO CLAIM MY SHARE I HAVE TO SEND THEM THE TAX NUMBER ID COPY AND BANK STATEMENT SO AT THE MOMENT WE HAVE A CASE AT THE COURT FOR HIS ESTATE SO WE ARE GOING COURT AGAIN ON THE 19TH OF JUNE SO WILL YOU HELP ME WITHOUT HAVING A AUTHORITY LETTER TO MAKE TAX NUMBER.

Changing of banking details on my incom tax return?

  Written by Marc   Posted 14 May 2013

Just been introduced to your page and I realised that its so helpful. Thanks for the good webpage.
My question is, I have changed my personal bank account which in return will have to be changed on my tax return when it opens on the 1st July 2013.

My worry is, is this going to affect the turn around time for SARS to process my returns. Should I request the change now before the return date or rather wait until July?

Can you file tax returns without an IRP5?

  Written by Marc   Posted 14 May 2013

My wife's new employer does not pay over paye tax across to sars , she works on commission only and therefore will not get a IRP5 from them.Can one still file tax returns without an IRP5?

IRP5 differs from Payslips?

  Written by Marc   Posted 14 May 2013

Employer is coming back saying that they deducted to little tax. IRP5 shows more tax deducted than tax deducted on payslips. Do I need to pay them money back?

Tax on lump Sum pension Withdrawal

  Written by Marc   Posted 14 May 2013

I worked at a company and my portion of pension contribution was taxed as it was part of my basic salary(taxable income). I resigned from my company and received a lump sum payout where there entire R264k was taxed at 18%(excluding the first R22500). Will I get this tax back when I submit my tax return this year as I feel I have paid tax twice once on my contribution and again on my lump sum payout.

I have a medical claim of R4500 which was not covered by my medical aid, can I claim this as a tax d

  Written by Marc   Posted 13 May 2013

Any cash payment for medical expences = e.g. a single claim of R4500 and another of R2400. Can these costs be deducted from my tax return?

I was late in submitting my returns and a penalty notice was issued.

  Written by Marc   Posted 12 May 2013

I was late in submitting my returns and a penalty notice was issued. I then (very quickly) finalised my returns which showed that SARS would owe me a refund. Does SARS deduct the penalty from my refund or do I have to pay the penalty first?

When can I submit my provisional tax forms?

  Written by Marc   Posted 10 May 2013

I am a provisional taxpayer

Does your provident fund contribution appear in my IRP5 or is there another term used?

  Written by Marc   Posted 10 May 2013

I can't see it on my IRP5.

SARS requested additional documentation but didn't tell me

  Written by Marc   Posted 10 May 2013

I am a provisional taxpayer... I work freelance and my income fluctuates. I've been doing my own tax through efiling for several years now, and have never had a problem. So this year, I send off my return on January 29 (yes, I know, leaving it till the last minute... every year I
promise I won't do that!!), and my assessment comes back, I'm owed R120.56. The amount is so small because I actually already did all the calculations in order to make my third provisional payment by the September deadline, so as not to incur any interest....

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When can my tax form be submitted?

  Written by Marc   Posted 10 May 2013

When can tax forms be submitted for private individuals?

I got an ITA34 notice of assessment, now what?

  Written by Marc   Posted 10 May 2013

My husband's work did his tax with the IRP5, they did all the years but not 2010 and 2011 so we submit them on the 25-04-2013 so the lady told as after we bring her the new bank details it will take 21 days to get the money so we did all that was ask but I know we have a penalty do we need to pay the penalty before we can get the money and today I got the letter in the mail its a ITA34 notice of assessment.

Bad boss not giving a raise

  Written by Marc   Posted 9 May 2013

So I figured out that my husband was registered for UIF and tax, but that he never filed an IRP5 to claim back.

His boss hasn't given him a raise in 3 years. I complained and after a lot of fighting and him wanting my husband gone...I think he was making an example out of him, he gave him a raise of...R200!!! It was supposed to go up with the new financial year since 2010, but nothing!

Is what his boss doing legal? He says he can't afford to pay more, but he just bought a h...

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Will I pay tax on my rented house if I use that money to rent a house in another area?

  Written by Marc   Posted 9 May 2013

I only own the 1 property.

Who should register for tax?

  Written by Marc   Posted 9 May 2013

If one gets a salary between R2500 and R3000 pm, is it law to register for a tax number?

What is the importance of compiling a VAT return if you are an accommodation provider?

  Written by Marc   Posted 9 May 2013

This will be a persentation I have to present to 35 small businesses which provide accommodation to university students. I was asked to have a full understanding about VAT/TAX for accommodation providers, please help me as I am about to present this on this coming monday.

I receive a salary from Taiwan, but pay tax there. What do I do?

  Written by Marc   Posted 9 May 2013

I have recently returned from overseas and I'm planning to stay in South Africa. I'm about to start teaching online for a Taiwanese company and will be taxed 18% in Taiwan if I make more than $893 with them (which I plan to do). I just want to know if I have to pay tax here in SA on that income. It seems a bit harsh to pay 18% and then another x% here at home. Is this going to be unavoidable? The amount in my bank account every month should be between R7 000 and R10 000. If I have to pay full taxes on that, I was thinking of keeping back about 25%, but I first want to find out whether there are any lenience I can get since I'm already taxed in Taiwan....

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