Are the SARS office calculations always right?

Posted 20 August 2012

I have received a ITA34 which shows the refund, I have now been audited 3 years consecutively 2010,2011 and 2012.I had no other information to submit only medical aid and was employed for 4mths of this 2012 tax year due to retrenchment.

Why are other people getting refunds from SARS?

Posted 20 August 2012

I am a full time working lady, who always submit tax returns on time, I have never owed SARS a cent, I was refunded less than a R1000 in 2010 for paying medical bills of about R2100. I always hear people are getting refunds all the time. What can I do to aso get a refunds from sars. some have advised me to buy a retirement anuity policy. please give me tips of other things I can do to get refund from SARS!

Medical Deductions section is confusing me!

Posted 20 August 2012

I've gone through the entire process and am filling in the e-filing form. I'm stuck on the Medical Deductions section. I've filled in what TaxTim suggested, but the e-filing calculator is ignoring the amount at code 4020.

The "Did you incur any medical expenditure?" is ticked "No". But if I change it to Yes then it expects that I have paid to a medical aid and wants a "0" if my "employer" paid the total.

My specific scenario is a little different. My wife pays the medical aid each month and claims that on her own tax return...

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Started freelancing, not paying provisional tax. Can TaxTim help?

Posted 20 August 2012

I have being earning some money on the side as a freelancer during this last tax year and I went fulltime freelancing in a personal capacity at the end of 2011.

Will TaxTim be able to guide me with the expenses I can claim as part of operating as a freelancer? SARS is very strict on when certain expenses can be claimed. They seem to only allow expenses when salary is earned on a commission basis.

What if I want to upload more documents on eFiling after I have already uploaded others?

Posted 13 August 2012

I have been selected to be audited on my tax return. SARS has asked for my supporting documents, I have uploaded my medical tax certificate but now that i want to upload my irp5 the e-filing site doesn't give me the option to upload again. Does this mean I have to go to my nearest SARS branch to submit supporting documents including my IRP5 and medical tax certificate?

What is the difference between 2010 and 2011 medical aid system in terms of how you would account it

Posted 6 August 2012

What is the difference between 2010 and 2011 medical aid system in terms of how you would account it for the changes between the two financial years?

May I deduct contributions made to my father's medical aid?

Posted 4 August 2012

"This is a common problem here in South Africa, what to do if you pay for someone's medical aid. The practice is that you can claim this benefit, if asked for documentation from SARS you will obviously have to produce the records you have mentioned above."

Are there regulations / documented precedent that I can cite to support this? I am having difficulty in getting GEMS to understand my request for a tax certificate for another main member (my father) who's medical aid contributions ...

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How much tax am I going to pay each month?

Posted 30 July 2012

Employee earns 10500 per month
Medical aid - 1630 ( member + 3 dependants )
Pension - 7.5 %
Pension Company - 9.5%
Uif - 1%

How much tax would employee be paying monthly, please insert the formula as well?

I am a shop assistant and I have extra part time work, how does the tax work?

Posted 30 July 2012

First of all thank you for providing this helpful service.

I have been working as a shop assistant since February doing shift work. I earn approx R4200-R4800 pm. I am doing some extra work part time which will provide an additional income of a maximum R3000 pm. It is related to the shop but not strictly part of my normal shop duties. Does this mean I will have to pay tax on my earnings in total?

Thank you ;-)

My mom is a pensioner and is dependent on me - can I claim her medical expenses?

Posted 30 July 2012

My mom is a state pensioner and has been living with me for the past 21 years. She does not earn any other salary other than her state pension. Someone mentioned that I can claim back from tax, as I subsidise her income in order for her to be able to "live". She is also on my medical aid. Is this correct and how do you do this?

Does a business get "tax back" on employees medical aid?

Posted 30 July 2012

Does a business get "tax back" when paying half of an employees medical aid?

Can I claim medical expenses that I paid, but were for my mother?

Posted 30 July 2012

Last year my mother who is 62, and has retired on medical grounds, had to have open heart surgery which i had to pay for. Unfortunately she is not on my medical aid and i had to solely foot the bill of her surgery and all the other medication that she needed thereafter. Do i need to fill this in as part of my medical expenses when filling tax return for the year ended Feb 2012 as these are medical expenses that i incurred and i am the one who paid for this. I do have all the invoices of the expe...

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Is the decision to replace the medical deduction with medical tax credits more equitable?

Posted 30 July 2012

The current medical deduction system provides relief for individuals contributing towards medical schemes and out-of-pocket medical expenses. However it is inequitable in that it affords greater benefit to higher income taxpayers. Will the Finance Minister's decision to replace the current medical deduction allowances with medical tax credits be more equitable and fair to taxpayers across all income groups?

I am an employee, how come I owe SARS more money?

Posted 26 July 2012

My payslip shows all the deductions including tax that I pay monthly, so I don't understand how I got to owe SARS R1700 where as I pay monthly via PAYE?

Tax season open - What can I claim as a deduction to reduce my tax?

Posted 11 July 2012

Salaried employees all over the country are busy filing their tax returns in the hope that perhaps they will be due a refund. For most who earn income from their employer they have already paid their taxes in the form of Pay-As-You-Earn (PAYE), but now what? Although salaried employees are limited, by tax law, as to what they can deduct from their income, there are a few things that can be claimed. Deductions against income reduce ones Taxable Income and thus reduce the amount of tax owing to SARS. The allowable tax deductions are:...

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How do I calculate how much tax I owe?

Posted 23 April 2012

TAX PAYABLE is essentially calculated as follows:


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How do I know if I am a tax resident of South Africa?

Posted 15 March 2012

A burning question people often ask tax professionals is whether or not they are a tax resident in a certain country. The question is important because it distinguishes between tax residents and tax non-residents – both paying tax in South Africa.

• Tax non-residents are people who do not ordinarily reside in South Africa but do business here and thus pay tax to the SA government ONLY on what they earned from South African sources.

...

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What is Provisional Tax?

Posted 6 January 2012

So as we are getting closer to Provisional Tax Season the question on taxpayer’s minds is, do I qualify as a provisional taxpayer? The Income Tax Act sets out specifics as to who qualifies and who doesn’t.

If you are a salaried employee then your employer will deduct a monthly amount and pay it over to SARS on your behalf. You will only have to file one tax return at the end of tax season.

Otherwise you may qualify as a provisional taxpayer and will have to submit a return twice a year...

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