Provisional Tax Calculation

Posted 24 August 2015

how do i work out the estimated profits for provisional tax payment to be effected end of august?

Refund after assessment??

Posted 24 August 2015

My partner submitted his tax in the beginning of July shortly after the tax season opened, he then found that he had to submit required documents, which was done on 06/07/2015, the review was them completed I assume as he received the second ITA34 still showing the same refund amount on 03/08/2015, when he called on 07/08/2015 to find out about payment he was told that the 30 day period ends on 14/08/2015, so when he called on the 14th to find out what is happening with his refund, he was told t...

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Escalation at SARS?

Posted 24 August 2015

I contacted SARS yesterday, the 29th day since my documents were submitted for a review. The matter was "escalated". How many more months will they still take to finalise this matter?

What to do during audit process

Posted 24 August 2015

Selected for audit. What do I do?

Audit and Verification

Posted 24 August 2015

Why have I been nominated for Audit and I just declared which is on my IRP5.

How is it possible that I have never received a tax refund since 2005?

Posted 21 August 2015

How is it possible that I have never received a tax refund since 2005?. I employed by a corporate (approx 40 000. 00 employees) that pays my tax for me.

Do I owe sars or do they owe me?

Posted 20 August 2015

Hi Tim I received a ITA34 certificate from my old job as a waiter & bar man @ seasons sport & spa and I don't know what it means do I owe SARS or do SARS owe me???

WILL I EVER GET MY REFUND OR NOT

Posted 20 August 2015

since ive submited my tax return form at mmabatho office and i was chosen for an audit they said it would take 21 working days to get my refund but now its taking forever

Income tax return 2015

Posted 20 August 2015

I submitted two provisional tax returns for capital gains tax for 2014/2015. Now I want to submit my annual tax return (ITR12). I already have an IRP5 from my employer. What do I do with the provisional tax information? Do I include it on my annual tax return or what? Please advice

Can I add a medical expenditure after I have eFiled?

Posted 20 August 2015

I have been doing my mom's tax return. She had hearing aids which her medical aid did not pay for last year. She gave me the paperwork and asked me to submit. Which I did. She now just told me that she forgot about the hearing aids and would like to have them claimed back. Is this now possible? According to the SARS eFiling website the claim is done (she owes nothing and will get back nothing). Can I do something to submit this?

Under audit and asked to submit outstanding returns

Posted 20 August 2015

The information on your website has been very useful when submitting my TAX. I just have a question if you don't mind?

I submitted my tax return for 2015 and I was selected for an audit. After submitting all the documents I was then informed that I was outstanding my tax returns for 2011 and 2012 and that I should submit- which I did. The one in 2012 shows that I am due a refund. My question is will this money get paid to me or would I have to wait until the audit is done on my Tax ta...

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Information required from SARS to payout refund?

Posted 20 August 2015

My tax return 2014/2015 was completed on the 5th August 2015. It reflected an amount due to me. Please can you advise me as to when this amount can be expected. Normally I have received payment with in a week. Thank you

Using someone else's banking details for my tax refund from SARS?

Posted 20 August 2015

Hi i'm orginally from Nigeria, I live and work in SA, I just did my tax retuns but they told me I cannot use my foreign acc except and Indian foreign acc,i tried opening a capitec acc but was told my papers are about to expire so I need to wait for the new ones... Can I use a 3rd parites banking details and have my retuns paid into their acc instead?

Medical aid contributions for Parents not on my membership

Posted 19 August 2015

I currently pay for my parents medical aid. They are both pensioners and they do not submit tax returns to SARS. They are on their own medical aid membership, and I am on my own. So, my dad is the main member on his, with my mum as a dependant, and I am a main member on mine with my wife as a dependant. This is because my parents are on a different medical aid scheme then what I am on. SARS says that only the main member can claim for medical aid contributions, so that means that my dad must cla...

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What other documents are needed to hand in with IRP5 at branch or efiling?

Posted 19 August 2015

Hi, what other documents is requiered at the SARS branch whith my IRP5? And do I need it for SARS eFiling as well? Thanks

Medical aid - can I deduct for my father?

Posted 19 August 2015

My parents who are financially dependent on me have a medical aid where my father is the main member and mother is the dependent. Each month I am responsible for the monthly payments towards their medical aid. They are however on a separate medical aid from myself. Can I claim for a tax return? If so how do I go about doing it? Thank you

Academic fees from SARS?

Posted 19 August 2015

I'm a full time student who works at different places over weekends to fund my studies which are ~R50K p. A
Is there a portion that I can be able to claim back from SARS?

Delay for my refund from sars when I submitted on the 5th and I'm due for a refund

Posted 18 August 2015

Hi Tim
I submitted my income tax return on the 5th of August 2015 and I'm due for a refund and my refund will not be audited but up to now no money have send to me do you you perhaps know what might cause all this delay. Regards
Mr Sihle Majola

Will I be able to claim a refund from SARS?

Posted 18 August 2015

Hi Tim I didnt submit any tax returns since 2006 as I was unemployed but got permanent employment last year (2014). I have submitted a tax return for 2014/15 tax year. Will I be able to get a refund if its due?

Where did I fill this codes IT3B, T3C, IT 3(b), & IT 3(C)

Posted 18 August 2015

What is a difference between IT3B, T3C, IT 3(b), & IT 3(C)

How much money am I getting after the second assessment?

Posted 18 August 2015

After the second assessment SARS says "Your assessment has been concluded and reflects an amount refundable to you of -R2056. 00". And then: "the current balance on your assessed account is R331. 72"

What does this mean?

There has been a lot of assessments done and I am now confused with what is happening. Is there an amount that will be payable to me here?

Are Gap Cover monthly payments tax deductible?

Posted 18 August 2015

Are Gap Cover monthly payments tax deductible? "Gap cover falls under the definition of �%u20AC%u0153accident and health policy�%u20AC�, in the Short Term Insurance Act No. 53 of 1998, or the Long-term Insurance Act, 1998 and not the Medical Schemes Act, 1998. " My gap cover has said they are unable to give me a tax certificate because it is not tax deductible. Please can you assist.

If Audited, does the results come out after 21 Days or can it be before then?

Posted 17 August 2015

Hi Tim, my tax returns were Audited since 30/07/2015. How long still can this take, will I know the results exactly after 21 days or can it be before then?

Regards

TMan

Medical aid tax credits on my ITR12

Posted 17 August 2015

Hi, I submitted documents for an audit. It has now been 24 working days and SARS can still not give me an answer. I was told to call back after 30 working days. My employer does not pay my medical aid, makes no contributions whatsoever, there is no tax credit for medical aid on my IRP5. Surely I am to be refunded as my tax was not adjusted to make provision for the tax credit. According to my IT34A I am to receive a refund, but was asked to submit documents as they have audited me.

How to declare foreign income?

Posted 17 August 2015

Hi, I have a small website that generates some commission from clicks on advertisements. I get paid in USD and GBP. The money is wired from Germany directly to my personal bank account and converted into ZAR. I don't own a formal business and it is relatively small amounts that are transferred. I also have a property that generates rental income. How do I go about declaring the income properly on my tax returns?
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