Eskart says: 8 July 2015 at 10:06 Hi, The 4005 code on the IRP5 is different from the IT3(b) from the medical aid. Should I have any amount in 4040? 4005 = R 61,550 , but the IT3(b) shows R 58,802 3810 = R 20,506 4474 = R 20,506 4020 = R 7,486 |
TaxTim says: 8 July 2015 at 11:11 It will not make a difference to the credit you receive - sometimes the medical aid is incorrect, but you should always go with the amount in the IRP5. There should not be any amount next to 4040. |
Eskart says: 8 July 2015 at 11:14 Many thanks for the reply. I have already submitted on SARS e-filling and after communication I have also submitted supporting documents. Do you suggest I do a correction or should I wait for the audit to be completed? Which way is quicker? |
TaxTim says: 8 July 2015 at 11:15 Rather wait for the audit to be completed because if you do a correction SARS will again audit you. They will fix the mistake. |