Tax Q&A
How do I know what the status of my audit or verification is?
Hi TaxTim. How do I know what the status of my Audit or verification is? I've submitted supporting documents on the same day 8 July 2015. They usually say 30
Read moreI made a silly mistake :(
Hi there TaxTimI religiously file my tax returns every year and made a horrid mistake this year. I was due a refund from my 2015 tax return (did the return on
Read moreTax refund for registering with health profesionals council
Can I get a tax refund for registering with the Health Professions Council of South Africa (HPCSA)? Do you work as a full time salaried employee? Yes, I
Read moreHow much tax of R763,143 on resignation
I work for a parastatal company for eleven years. I have resigned with a package of R763,143. Kindly help me to know how much will I be taxed. Please make
Read moreCan I dropoff documents for review in the SARS office box?
I have submitted my tax return via SARS eFiling and have been requested to submit the documents for review. I am not able to upload those on SARS eFiling. Can
Read moreScared because amount refundable to me is negative amount
I have just submitted my tax and it says the following "Thank you for submitting your income tax return for the 2015 year of assessment. Your assessment has b
Read moreWhat is the difference between a Tax Certificate and the Tax Directive?
What is the difference between a Tax Certificate and the Tax Directive? I have asked my Funds Administrator from my previous work to provide me with a Tax Dir
Read moreTax on salary R10000 plus petrol allow R2 000
I am starting a new job. My salary will be R10 000,00 a month plus a R2 000 petrol allowance. No other benefits. What can I expect to clear? Please make us
Read moreEmployer fail to help me with my IRP5 which is outstanding at SARS
I went to my previous employer for IRP5 which is outstanding. They told me they don't have that IRP5 so now I don't know what to do... You need to go to th
Read moreError on return
If I make a mistake on my tax return and it's already filed how can it be corrected? Please go back to SARS eFiling and to where you submitted your tax ret
Read moreHome office, and tax expense deductions
I have two questions:1. Under what circumstances can one claim "home office" deductions (code 4028)? And what items can one claim?2. What can one clai
Read moreWhen does a company qualify for a refund from SARS?
If a company makes a loss does SARS refund them some of the expenses? Otherwise when does a company usually receive a refund from SARS? No SARS will not re
Read moreCan a School Principal claim depreciation as a deduction on certain assets he uses for work puposes?
Can a School Principal claim depreciation on his laptop, cellphone and car that he bought himself but uses a lot for school/work purposes? Yes you may, cla
Read moreCompletion letter - what is that?
I just receive an SMS from SARS which says a completion letter has been issued, what is that? This means that SARS has completed verifying your supporting
Read moreWhat must I do to get the IRP5 from them?
I can't get an IRP5 from my previous employers in 2012 where I was hired by a outsourcing agency to work for another company they had a contract with, they a
Read moreMay I deduct for depreciation on photographic equipment bought in 2010 now being used for work?
I bought photographic equipment over a period since 2010, the last in February 2015. My previous employer supplied me with equipment to do my job, with the re
Read moreSARS status says correction filed
Hi, My SARS eFilling status is "Correction Filed" and my my SARS status is "Return - Assessed" (your tax return has been assessed and you should recieve your
Read moreMedical aid and husband's tax return
Hi I am putting in my tax return - my question is I am on my husband's medical aid. Do I include all this information in my tax return? We are on a hospital
Read moreWhat do I tell SARS if I can't get my IRP5?
I used to work for retail when I was a student and worked some weekends got paid differnt amounts depending on my days worked ranging from R200 to R450 a week
Read moreHow much do you charge for your sevices.
How much do you charge for your services? (Tax Return). My first time with you and I need to be sure before I can submit. Please have a look at our Pricin
Read moreForeign Earned Income
Hi, I am wondering about the tax I pay, if any, if I am earning my income overseas. In my case I earn in Indonesia, and the money gets deposited into an Indon
Read moreDo you assist with ITR14 completions?
Do you assist with ITR14 completions for company tax returns? Unfortunately, we currently own assist with individual returns. However, we are busy building
Read moreWhat is the threshold for presonal tax return ?
Do I have to submit my tax return if my salary is R19003 Gross PM? You should file a tax return as you may be due a refund from SARS, especially if you con
Read moreCommon reasons for a SARS audit
I want to know why are some people being audited and some not being audited? There are certain areas where requests for verification (audit) are common. Th
Read moreTax on R25,000 interest for last year?
I have earned R25,500 interest for the year 2014/15. How much tax do I pay? If you are under age 65 years, the interest exemption is R23,800. Therefore R1,
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