Are vehicle repayments tax deductable for a sole-proprietor?
Posted 17 August 2015
I am a sole proprietor in a health profession. I have an office, but I see a lot of clients at their homes or primary residence. I need a car to conduct my business, and have just bought a new car. What are the tax implications of this? Can I deduct the repayments and insurance premium as a business expense?
My 2013 refund did not get it
Posted 17 August 2015
Last year I was supposed to get my refund and I did not get it. What happened?
What must the refund amount be before SARS will pay?
Posted 17 August 2015
How much must my refund be before SARS will pay?
I want to know how much tax I should pay?
Posted 17 August 2015
What is the amount tax to be deducted from a R11000 basic salary(nett income)the only deduction I have is my pension fund of 660 / UIF of 120 and my rent of the house im renting of 2205.
Pay out waiting period from SARS?
Posted 17 August 2015
I've submitted my tax return 2 weeks ago and saw that I've received some refund. I would just like to know how long I will be waiting as most people say that it will on take one week.
No respond for pending audit payment
Posted 14 August 2015
I submitted my tax return on date 11 august and I received an sms payment due to you is pending audit does that mean I have to submit supporting document cause I dont receive any sms for direction from SARS.
I have not proof of income to verify my return for 2010
Posted 14 August 2015
I just found out I need to submit my tax return for 2010. I have submitted it and I am due a refund for 2010. However they are wanting me to verify documents. I have not claimed for any medical expenses, RA's etc. I have never ever received an IRP5 form from my previous employers since I worked there. What documents do I send to SARS, as I do not have any payslips or proof for 5 years ago.
Is payment to a Provident fund tax deductable
Posted 14 August 2015
I have just registered, I tried to connect via SARS however I was told my bank account number was incorrect. We are now waiting for SARS to set up SARS eFiling for me. In the mean time, I am not sure what to enter regarding payment for a pension fund. I pay into a Provident fund so am not sure if this is tax deductible. Only reason I used TaxTim is so I don't have to physically go into SARS. I am hoping this is still the case.
How much longer must I wait before I get my tax rebate?
Posted 14 August 2015
I have submitted my tax return on the 2/7/15. I had to submit my supporting docs on the 27/15,as I was chosen for an audit. Today is the 30th working day and still no tax refund. How much longer must I wait before I get paid out?
Tax return assessed but no refund
Posted 14 August 2015
My tax assessment was completed and verified and an additional assessment issued. My SOA reflects I am owed a refund even tho the ITA34 shows an adjustment to the original. My SOA says not selected for further verification, that was on the 15th of July and to date have not heard anything further or received a letter of completion. What could the delays be? On SARS eFiling it shoes that my tax is assessed. Thanks
How do I know if I'm due for refund is it the amount displayed in the ITA34 that's due to me?
Posted 14 August 2015
I would like to know what the ITA34 is and the amount it shows is it the refund due or what because I have submitted my tax returns for all the years and it all shows R0. 00. And I would like to understand how SARS makes calculations because my tax return for a company I worked for 1 month gave me a refund and I was earning very less than I'm earning now in the company I've worked for for 4 years but the tax returns for this company I get no refund. Many thanks and I have been reading other peop...
Read more →
Where do I get 20 years ago my IRP5
Posted 13 August 2015
SARS wants the 1995 1996 1997 IRP5 they say we didn't submit my employer doesn't have them what must I do its 2015 now please help?
Tax Refund on my personal property?
Posted 13 August 2015
I bought a property in December last year. I was wondering if I could claim any tax. Thanks
Audit because they neglected to inform me about previous tax year
Posted 13 August 2015
I got penalties for 2007 when I submitted my tax return for 2015. The consultant did say that I must complete a form to lift penalty for they neglected to tell me when I was at the offices in 2011. The problem now is that I recieved a sms stating that I am audited for 2007.. If I cant get any original documentation, what can I do? I there any way to lift the audit because they neglected to tell me about 2007?
Formula that used by SARS for tax return?
Posted 13 August 2015
How do I calculate my tax contributions so I can know if I owe SARS or not?then if SARS owes me,how do I calculate the amount that I should get before I can even submit for tax return?
AP34 Penalty and Refund Due
Posted 13 August 2015
I have a AP34 penalty. I am also due a refund. Do I first have to pay the penalty before I receive my refund?
Support for cell phone depreciation at SARS?
Posted 13 August 2015
What supporting documentation does SARS usually look for when assessing if depreciation/wear and tear on your cell phone is an allowable deduction. Please note that my cellphone is paid via a monthly contract fee. These contracts usually don't stipulate the base price of the phone. Furthermore, what support do you need to give them for the allocation of business use versus private use. I have tried to search and ask what they need as they wanted to verify this deduction, however, I cannot seem t...
Read more →
Tax payment on pension payout?
Posted 13 August 2015
I want to know how much I will pay if I receive 195000 pension fund
My refund is very low and my medical aid costs is high why is this?
Posted 13 August 2015
I have submitted my tax return on SARS eFiling but the refund is way less then I expected as my medical aid cost was very high. Could Tax Tim help me to submit my tax again to see if the calculation is correct? Also SARS is auditing every one in my office who submitted their tax returns and no one has been paid yet is there a problem at SARS this year?
After confirmation of audit from SARS?
Posted 12 August 2015
Tim what happens after sars send u a letter saying they are making no adjustments to the filed returns
Need a form for declaration of personal details when registering for eFiling for the first time
Posted 12 August 2015
I registered for SARS eFiling for the first time and when I tried to submit my tax returns I got a message saying that SARS is still verifiying myregistration I must try again after 24hours,I waited and tried after 48hrs but same message came up,I called the 0800 number the consulted said SARS needs to verify my personal detail so I must download a form called Declaration of SARS eFiling registration and fax it on a 011 fax number with the copy of my ID,I am struggling to get the form the name d...
Read more →
I'm haven't received my refund from SARS
Posted 12 August 2015
Hi I have sent in my tax return last month and I was told by the consaltant that I was not to bring anything because everything ws scanned but now is past 21 business days nd still haven't heared anything from SARS what do I do?
Claiming back tax on a bonus you had to pay back to a company
Posted 12 August 2015
How do I claim back tax on a retention bonus I received from my previous company. I was advised to fill it in under the section that states "Amounts Refunded i. T. O. Section 11(nA) and 11(nB)" and code 4042. What evidence will SARS need. I called their call centre but they were of no help.
How long audit take what can I do to make it go faster?
Posted 12 August 2015
I was selected for a audit am I going to get money and how long does it take and what can I do to make it faster? thx
Taxable Benefits
Posted 12 August 2015
Our company provides a contribution towards provident fund based on 15% of basic salary. Does this form part of your taxable income. Were should it be recorded on the IRP5
Older posts →← Newer posts
28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48