Timeline for verification process with SARS?

Posted 8 July 2014

My returns have been pulled for verification. Please explain the timeline for this process as I have uploaded all the supporting docs required?

Cell Phone Expenses as a tax deduction?

Posted 7 July 2014

On my IRP5 for 2014, my commission (code 3606) is more than double my actual salary (code 3601). If this is the case, may I claim for any costs incurred for cell phone expenses for the 2014 tax period?

Office Expenses Disallowed?

Posted 7 July 2014

I have submitted my tax return and submitted the supporting documentation after a request to do so for an assessment/audit. I have received the outcome of the assessment to say that the home office expenses are disallowed. Which is odd, seeing as I went through the same process last year (including assessment) and they were allowed. I have two IRP5's from different employers and for the one, I 100% do the work from home. Is it worth disputing the outcome of the assessment or should I just le...

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Commission only and use my car for work, what are the income tax implications?

Posted 7 July 2014

I earn commission only and I use my car to do business, how do I submit my ITR12 return to SARS?

Schedule of depreciation

Posted 7 July 2014

I am a 100% commission earner and was requested by SARS to to forward a schedule of depreciation for my vehicle depreciation claim, I forwarded my calculation formula : purchase price/5 years * 10 months, I only bought the vehicle in May 2013. The schedule was however not accepted due to insufficient info, please advise what other information needs to be on the schedule of depreciation.

Registration of 2nd vechile

Posted 7 July 2014

how do I register a second vehicle? We sold one and bought a new one in January?

Company car, claim back business kms at end of month where do I put it in on my tax return?

Posted 6 July 2014

If I drive a company car and claim my kms travelled for business back at end of the month where do I put that in on my tax return?

Travel claims using TaxTim?

Posted 3 July 2014

Can you claim back if I'm using a company vehicle, the company is paying all the expenses The code on my IRP5 is code 3802 and I do have a logbook?

Tax deduction on invoice made out in someone else's name

Posted 3 July 2014

Question: For disability tax, can I claim a qualifying expense that I paid for although the invoice from the service provider was made out in the name of my wife?

Do I need a tax certificate from GEPF

Posted 3 July 2014

I resigned at the end of May 2013 from the government. I did receive my pension payment from GEPF. Do I need a tax certificate from GEPF to complete my tax return or is the tax directive enough

Confused over SOA for SARS

Posted 2 July 2014

I submitted my tax return 01/07/2014 and there was a negative balance of R7752.11 which meant a refund is due to me. The only part I added was my medical expenses that I pay myself every month. I am a strictly commission earner as well. Today I receive my assessed IT34 and it says Statement of account assessment -7752.11 and then Refunds 7752.11. Balance 0. What does this mean? Am I not due anything back?

IRP5 is incorrect

Posted 2 July 2014

Hi I hope you can help me. on my IRP5 my commission pension and medical aid and pay and car shows as code 3601. when I went to the bookkeeper he said it must be like that. what can I do in this case?

Why do get audited every year?

Posted 2 July 2014

Why do I get audited and asked for supporting docs every year from SARS?

Logbook for tax purposes, must one be kept?

Posted 2 July 2014

As a commission earner do I have to have a travel logbook?

Travel allowance and business kms

Posted 2 July 2014

I get R36000 travel allowance per year. My business mileage is just over 40000 kms.
When I do the calculation on efiling my return is the same when I put down 40000 business kms as it is when I put down 20000 business kms.
Is this correct?
Have I hit my 'threshold' ?

Thanks!

How to fill in ITR12 form for 2014, when 2 vehicles were used?

Posted 1 July 2014

how to fill in ITR12 form for 2014, when 2 vehicles were used?

I have never claimed before.. I want to submit my IRP5's, now what?

Posted 1 July 2014

I have been working for various companies, earning not very much. in the past 1 year and 6 months I worked for a company where for the first time got an IRP5.. and money was being deducted from my commission. I don't know much about tax, and I never claimed. no medical aid..

what do I need to do?

I claimed medical and traveling what is the supporting docs necessary for SARS?

Posted 1 July 2014

I claimed medical and traveling what is the supporting docs necessary for SARS?

Is a commission based salary taxed differently?

Posted 1 July 2014

A lot of people have told me that you get taxed more on a commission based salary than on a fixed monthly salary but I cannot find any evidence to support this. Is it true? Are you taxed more on commission earnings?

Do I pay tax on overtime and travel allowance?

Posted 1 July 2014

Are overtime and travel allowances taxable incomes?

Being taxed for free or cheap housing

Posted 1 July 2014

I am being taxed on an amount for free housing. When will I pay less tax? If I get the amount as salary and pay it over to my employer as rent or if they deduct tax from my salary for the free housing.

Travelling allowances for disabled persons

Posted 1 July 2014

I am disabled owning a car can I claim for travelling allowances in my income tax return?

Can you withdraw fro the GEPF twice?

Posted 30 June 2014

I saw you answered earlier on that a tax directive will be approved for a first withdrawal from the GEPF, but I have already withdrawn before, (20 years ago) but have received all my money by then. Will this have an implication on my current resignation?

Commission based salary - Fuel for vehicle to meet with clients?

Posted 27 June 2014

I work for commission, but there is no where I can fill in my mileage that I drive to see clients. How does this work?

'Gift' income from UK - is it taxed?

Posted 26 June 2014

My parents who live and work in the UK have given me some money, just under R100,000.00
Essentially this money is support for airfares and expenses incurred due to the illness of a family member overseas, and my need to travel.
They transferred it using TT from a UK bank, and this has been automatically flagged by my bank to SARS and FSB etc.
Will I be taxed on this 'gift' ?
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