Travel allowance section

  Written by Evan   Posted 10 July 2015

I get reimbursed for travel allowance and it is put under code 3702. I have 2 questions:

1: On the first page of the tax return should I tick "Yes" for claiming against a travel allowance?
2: My log book and the amount under 3702 don't match since the travel for the second half of Feb 2015 is actually only paid to me in March 2015.

Paye deduction calculations and rules

  Written by Evan   Posted 10 July 2015

We only currently registered for PAYE, I want to know how we will go about calculating employees tax if our minimum salary is R2400 and maximum R7000. Which will leave us with a minimum yearly wage of R28800 and maximum R84000. Will we deduct employees tax from our employers or not and what do we do with SARS regarding this issue.

Living overseas and claiming expenses

  Written by Evan   Posted 10 July 2015

If I've emigrated but still receive my monthly annuity from pension / retirement fund can I claim for medical expenses paid for overseas, no medical aid in RSA any more, when submitting my annual tax return. Does tax paid on pension get much back?

I need a tax number, I never had one before

  Written by Evan   Posted 10 July 2015

At work I'm asked to bring my tax number but I never had one, so what must I do to get a tax number?

Severance Pay Tax

  Written by Evan   Posted 10 July 2015

Last year I was retrenched, took the package, and was told that the severance piece was tax free, as it was way below the R500k, just under R40k, got a directive.

Now looking to do my tax return, the amount shows under income (source code: 3901) adding it to my income, however as I was not taxed on it when it was paid, it appears to SARS that I didn't pay the tax then. So now it looks like SARS is asking me for the tax on that amount, as my prelim calculations is saying I must pay in close on R4000?...

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SARS status "Return assessed" - what does this mean?

  Written by Evan   Posted 10 July 2015

Hi, Please assist. I did my tax return on SARS eFiling on the 1st of July. Not chosen for validation or audit. I have not yet received the money although online it states that the SARS STATUS is return assessed. What does this mean?

I did phone the call centre and they did not say anything about being audited or submitting supporting documents they only advised to wait. Kindly assist.

What must I do: Reminder to respond to tax type move request

  Written by Evan   Posted 10 July 2015

Hi Tim
I received sms message which reads: Reminder to respond to tax type move request with reference xxxxxxxx. Failure to respond within 2 days will result in an automated resolution.

SARS status return assessed

  Written by Evan   Posted 10 July 2015

Hi Tim after SARS eFiling I got a message SARS status saying tax return assessed. It also says I will get notice after two weeks on my SARS eFiling attachment. After it asked me to submit supporting documents of which I did. How long should I wait?

Audit income tax but unemployed

  Written by Evan   Posted 9 July 2015

I used to be employed, but from 02/2014 to now I am not. I submitted a nil tax return and have now been selected for audit. They are asking for documents.

What can I send them when I said I was unemployed and I did not claim anything. Do they go into my bank account without me knowing or should I email them bank statements? There are deposits in my bank but that is just transfers from my various accounts. No income. Please help. Thank you for the great site.

Calculations of refund after submitting correction

  Written by Evan   Posted 9 July 2015

I completed my SARS tax return. My IT34 said I was being paid an amount back. I then realised I had made a R40 error on my tax return for my laptop depreciation. So I amended on my tax return and re-submitted. My calculation then said I was receiving about R4 less than before. Once submitted I received an IT34 stating I had to pay SARS R4. Which is the correct IT34 now? I can't possibly lose all the money I was getting back for changing an amount by R40? I was also requested to submit the laptop...

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Where do I fill in source code 4251?

  Written by Evan   Posted 9 July 2015

Where do I fill in source code 4251?

How can I change my banking details on my tax return

  Written by Evan   Posted 9 July 2015

How can I change my banking details on my tax return?

Do I need to do tax return even if I earn less but still have medical aid?

  Written by Evan   Posted 8 July 2015

I don't get deducted tax because of low income, but I have a medical aid.. And I was given employee tax certificate also. Do I need to do tax return also? Or is there no need since am not deducted tax..

Is there penalties for late submission of IRP5?

  Written by Evan   Posted 8 July 2015

If I submit late IRP5 for 2013 and 2014 now do I get a penalties?

Login name and security questions

  Written by Evan   Posted 8 July 2015

I cant find my login name for SARS eFilling.

Can you help me get my old IRP5?

  Written by Evan   Posted 8 July 2015

I am looking for my IRP5 and I do not work there any more.

What message to look for when done with audit

  Written by Evan   Posted 8 July 2015

Hi how does it work if I get a message that says IT34 and that I have been selected for a audit? I know that they're going to audit me. But what will the message say when they are done?

Do I have to pay provisional tax for my company and myself?

  Written by Evan   Posted 8 July 2015

I have paid provisional tax for my small business and taken the profits after tax for personal use. Will I have to pay provisional tax as an individual for that income?

Why can't I get R21,000 initially?

  Written by Evan   Posted 8 July 2015

Hi Tim, thanks for a wonderfully informative site.
On SARS eFilings my tax returns were different from that of what I have on my IRP5 mailed to me by my work, so I corrected it. Which came back as me owing R16000 to SARS so I disputed and loaded the original on, now it shows I'm entitled to a refund after R21000-16000.

I submitted documents as requested and I'm also for audit. My question is will they pick up that I made an error initially and not refund me for the entire amount...

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Claim back my returns

  Written by Evan   Posted 8 July 2015

Where do I start to claim for my PAYE?

Is professional registration and education fees tax deductable?

  Written by Evan   Posted 8 July 2015

I have just filed a tax return through you but could not find a place for deducting professional fees. This includes having to pay and annual registration fee as Psychologist as well as having to attend professional education sessions to maintain my registration. The combined amount comes to about R2100. Is this not deductible? My company, City of Cape Town does not pay for this as they see it as part of my Total Cost to Company and I have to pay it myself.

Can I claim VAT personally?

  Written by Evan   Posted 8 July 2015

I have a VAT number, so can I claim VAT on personal buying?

Negative assessment notice amount?

  Written by Evan   Posted 8 July 2015

Hi TaxTim,

I have just submitted my first tax return and the assessment notice is a red negative amount of rands. What does this mean? Does this mean I need to pay SARS that amount? If so, how long do I have to pay them?

Should documents be uploaded to review or audit options

  Written by Evan   Posted 8 July 2015

I have been selected for Audit/Verification and need to upload documents. There are to options to upload docs on my dashboard - one says documents to review the other documents for Audit. Do I upload documents to both or just the review option.

Is the fee paid to TaxTim not tax deductable?

  Written by Evan   Posted 8 July 2015

Is the fee paid to TimTax not tax deductible?
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