Tax Q&A

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Do I still use my original ITA34 calculation?

I did my tax return trough SARS eFiling. It show on ITA34 that I will receive an amount from SARS. They asked me for documents for review which I submitted. T

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I want to know if the same IT88 amount will be deducted until I finish my debt?

I was issued with an IT88 which states that I owe R12500 and R3500 was deducted from my salary. The amounts to be deducted should be detailed in the docum

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Bonus taxed also

Is the 13th cheque also taxed, and if so by how much? Yes, it is added to your total income and then you are taxed per the normal tax tables for individual

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I pay medical aid contributions, but my wife is the main member and currently does not get an income

I have exactly the same question as Immortal at the bottom of https://www. Taxtim. Com/za/blog/may-i-deduct-contributions-made-to-my-fathers-medical-aid. Is y

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Inheritance, do I pay tax on it?

Do I need to declare lump sums that I received from an inheritance? The lump sums were from retirement annuities, a life policy and proceeds from a fixed pro

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Tax on profit of house sold

If a house was sold during the tax year, do you have to declare the profit? Yes, you do need to declare it in your tax return in the Capital Gains section.

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Tax on Provident Fund pay out

Hi there :)I am having my Provident Fund paid out and would like to know how much tax I would pay. The amount is R51 994. Please make use of our Lump sum

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How much are you charging?

Do I have to pay for using taxtim for my tax return? if yes, how much? Please see our prices at the link below. Pricing PageLet TaxTim assist you to comple

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Short term medical insurance - can I claim it as a tax deduction?

Can I claim for Short term medical insurance which I pay over R1000. 00 per month for? Under the 'not covered by medical aid? Unfortunately not, this is

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Upload documents on eFile

I was trying to register for eFiling and and on upload document section I accidentally pressed ( manually submit) and now it doesn't want to upload docume

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How much tax will you pay monthly on R16000.00 pension earnings ?

How much tax will you pay monthly on R16000. 00 pension earnings ? Please make use of our SARS income tax calculator to work out how much tax you would pa

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Medical Bill, in which tax year season do I claim back medical expenditure?

Concerning Medical Expenditures: Say I went to the GP Dr in January 2015, Medical Aid did not cover and got the bill of Rxxx in post. My Question: If I only p

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My current employer underpaid my tax each month from June last year until Feb, now I owe SARS money

My current employer underpaid my tax by not taking into consideration that I worked before I started the job here. Now I have to pay in approximately R1300 on

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Corrections on eFiling?

I did my SARS eFiling, they then requested me to attach required documents which I did. Do I now do the corrections if there is any or does SARS do the correc

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Payments for AA88 not reflecting on employees annual ITSA

I have an employee who gets issued an AA88 from SARS which I payover as per the documentation received. I made four payments this year, February, March, April

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Vehicle allowance

If my boss pays me a certain amount as vehicle allowance and I the use my vehicle mostly for work, how do I claim on ITR? One of the questions in the begin

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I need my tax number from SARS and how do I get it?

I've jusy got a job and I dnt have a tax number. When I call at SARS the tells me I don't hav a tax number and I to go to the branch and apply there. And I ne

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Costs for repairing of vehicle

I was involved in an accident the insurance did not pay to repair, can I claim some of the cost of repairs back? This is your personal vehicle not used for

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Insolvency with SARS?

SARS did not accept my tax return for refund this year. I disputed this and the dispute was disallowed for the following reason:2015 tax return to be submitte

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Medical Scheme Fees Tax Credit

Good day,I just want to make sure about the Medical Scheme Fees Tax Credit, source code 4116. My husband joined my medical scheme from July 2014, thus every m

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SECOND DUE DATE FOR A REFUND

I submitted my son's tax return 8/7/2015. Changed his banking details as well. On his ITA34 was a due date 01/08/2015 (he is due a refund of aprox R 2800.

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HOME OFFICE EXPENSES on SARS eFiling?

I'm working from my home, but receive a salary monthly. There isn't a office where I can sit and work, and therefore all the employees work from home. Can I d

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WHERE DO YOU FILL IN ABSA TAX CERTIFICATE IT3B INCOME SOURCE CODE 4201 ON ITR12 ?

WHERE DO YOU FIND THE CODE 4201 ON ITR12 , CAUSE I RECEIVED A TAX CERTIFICATE FROM ABSA BANK AND THEY GAVE ME A INCOME SOURCE CODE FOR THE ITR12 BUT ITS NO WH

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When are Trusts supposed to submit a ITR12 tax return?

As far as I know, provisional tax payers should submit their tax returns end of January and companies end of February, of the following year of assessment. Bu

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Income Protection Insurance (4018) on previous returns

How do I include Income Protection Insurance on previous tax return submissions? Should I? Yes, you can claim the contribution to an Income Protection Poli

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