How do I submit supporting docs with my eFiling tax return?
Posted 15 July 2013
I have letter from Salam for RAF & medical claims not paid by medical aid
Tax and overtime - refunds?
Posted 15 July 2013
I would like you to explain to me why people who work overtime get so little refunds. Ever since I've worked in 2008, I've been getting 24c - 27c as my returns. I have a med aid and my tax certificate yearly shows thay I've paid more than 3 000 out of my pocket. If you can just explain as to why's is it like that, is there something I'm soing wrong?
I did not receive my Medical Aid Contribution Certificate, what can I do?
Posted 14 July 2013
Would I be able to claim medical aid contributions if I don't have a medical aid tax certificate?
The medical aid no longer exists, and I have been unable to obtain a copy from them.
s10(1)(o)(ii) and once off-contracts
Posted 14 July 2013
I will be fulfilling a contract overseas for more than 183 days and more than 60 continuous days. I meet these requirements of s10(1)(o)(ii), but I am unsure if the section applies to once-off contracts with an overseas company. The contract will last for more than 10 months however. Does this make me an independent contractor?
Tax Return - when I must I submit?
Posted 14 July 2013
I'm getting confused with regard of submiting tax return. If you earn more then R63556 you to submit your return and on the other side if your remuneration is R250000 you may not subtmit a income tax return. Can you clarify that for me please?
We are married in community and I pay all the medical expenses including monthly installment, how do
Posted 14 July 2013
When we complete our eFiling, must I enter the medical expenses ONLY on my eFiling or must I enter it on BOTH (Myself and wife.)??
Medical Expenses Code 4020
Posted 14 July 2013
Hi Tim, thank you for the great service. My basic salary is R20k, my employer pays R400 and I pay R1200 towards medical aid. I am the principal member with 1 dependant. I would like to clain approx R6000 on code 4020 as my personal med expenses not claimed from med aid. Is this claim valid and approx how much will I get back if anything?
How do I send SARS my receipts of payment done?
Posted 13 July 2013
Accounts that medical aid did not pay, doctors fees as well, I have receipts of payments done out of my own pocket, how do I send those receipts using eFiling, without the stress of going to the SARS building itself?
Please help regarding medical contributions?
Posted 12 July 2013
My husband has an IRP5 from his employer and a income tax certificate from his medical aid. His work pays 50% of the medical aid and he pays 50%. But his 50% is deducted before he gets his wages. I am filling in a tax return for him and under Deductions on the IRP5 there are 3 amounts: codes 4003, 4005, 4474. I have filled that part in fine but the next page has Medical deductions from the taxpayer, there is a code 4040 to fill in, which I am not sure what to fill in. The amount on the medical a...
Read more →
IRP5 Return 2013
Posted 12 July 2013
Hi Tim,
I have never submitted an IRP5 form on my own before and very unfamiliar with how it all works.
I earn a gross salary of R87 000 per annum.
I spoke to a someone at the SARS contact centre this morning and they asked why I would want to submit a return if I don't earn more than R250 000 per annum, I explained because I pay for medical aid.
My medical aid contribution is R1 668 per month of which my employer pays 50% and I pay the other 50%. I don't really unders...
Read more →
Can I claim for med aid contributions that I pay for my mum ?
Posted 12 July 2013
I pay my mums medical aid contributions every month via debit order through my bank account. It will cost me more if I add her on as a dependant on my medical aid so I got her onto her own which she is the principal member. When filing my tax return, can I claim for this and do I add the tax certicate amount together with my medical aid tax certicate and put this in the column provided. I also pay my own medical aid for myself and 3 dependants. Must I also inform my employer who works on tax cre...
Read more →
Why do I owe SARS money?
Posted 11 July 2013
Good day, I have a very straight forward tax return: I have an income, I receive a monthly reimbursement towards medical expenses (my husbands company pays for my medical aid) This is added to my monthly income and taxed. I pay PAYE and UIF and my RA is deducted from my salary. I have never owed SARS money until this year. I cannot understand why I would owe SARS money now? It's a very small amount that SARS say I owe them, however I am sure there is a problem and would like to get to the bottom...
Read more →
How will I know if SARS audit is complete?
Posted 11 July 2013
I have submitted tax returns for 2011, 2012 and 2013 to get it all up to date. 2013 was not audited and they owed me R3600. 2011 and 2012 I was also owed money, but had to submit supporting documents as they had doubled the medical aid amount for sum reason. The Status says the documents have been received but take up to 5 days to be assessed. Today I received a Refund of R600 and they took R3 000 as an Admin Penalty Fee. A bit extreme as I had received a letter saying the penalty fee would only...
Read more →
What to hand in?
Posted 11 July 2013
What else should I hand in to accompany my IRP5?
I have started working in July 2011 and tax is deducted in my salary. Will I get my tax money back?
Posted 10 July 2013
As I was not supplied with the IRP5 and just got it this month. Will I get all my money back as this is the third year without claiming the money?
Can I claim for the depreciation of my vehicle for which I get an allowance or is that included?
Posted 10 July 2013
I get an allowance of R48 000 p.a and I incured costs of R75 000 inlcusive of the lease payment for the vehicle in my name. I also incured personal expenses of R765 not recovered from the medical aid. The SARS calculator retuned R9885. I dont think thats right.
I bought a flat and hire it out in order to supplement my income, how does the income tax work?
Posted 10 July 2013
Due to medical reason I am on early retirement and receives a monthly pension. With my lumpsum I bought a flat for R840 000.00 in July 2012. My rental income is R3500.00 a month for the period 01/08/2012 to 28/02/2013. My expenditures are as follows: Cost of transport was R26 737.00
Levies (period 13/07/2012--28/02/2013 ) was in total R5435.81.
Where and under what code do I fill in the amount? Can I deduct the expenditure as mentioned from my rental income?...
Read more →
I received tax certificate from the medical aid there was R18 400 on it does it mean I will get that
Posted 10 July 2013
I want to know if I will get that money after they calculated? How does it work?
What does SARS mean by a Verification of Assessment letter?
Posted 9 July 2013
Does this mean that everything is sorted and done?
section 18 medical deduction?
Posted 8 July 2013
I just want to know how do I calculate family limit for 2013 year of assessment. How much per month for taxpayer and first dependent and the other dependent?
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.
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?
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.
Medical aid deductions for tax purposes?
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.
What is Allowable medical Deduction?
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?
Older posts →← Newer posts
23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39