Tax Q&A

answers

SARS status "Please note that your return cannot be processed as SARS is currently reviewing your as

Hi. My SARS status has been "Please note that your return cannot be processed as SARS is currently reviewing your assessment. The return will be reviewed as p

Read more
answers

Register for turnover tax with active VAT number

A trust is registered for VAT. However, the trust has been dormant for a year or so but the VAT number is still active. Can a business be run under the trust

Read more
answers

Unsure about source codes 3697 and 3698

If I have the below amounts on my IRP 5:75,000. 00 - 360190,610. 00 - 3616Would it fall under the following codes on my IRP 5 if the company does not deduct a

Read more
answers

Confused by 4005 codes different on IRP5 and IT3(b)

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,

Read more
answers

Printing error for manual submission

Hi, I am using Chrome and am unable to print out the Manual IT 12. The format is wrong and it is cutting of the edges. Thanks for writing in. Sorry for the

Read more
answers

I don't have my own bank account details

Hi,Please can you perhaps give me some advice? I am busy doing my tax return now and only thinks of it now... I don't have a bank account anymore and my salar

Read more
answers

Claim for home expenses

If I use your service, will my fee paid to you be deducted to the return and is there a guarantee I will get paid back for the home expenses? I do have a rece

Read more
answers

SARS AA88 DEDUCTION

I'm paying SARS R500 aa88. My current balance is R2000 from R20,000. Can I claim back? No unfortunately you cannot claim any money back as this is money ow

Read more
answers

What to pay to SARS on a R80,000 house sold?

Hi. I sold my house for R80,000. How much tax do I need to pay on that? You will not need to pay tax on this amount as any sales under R2m of a home you li

Read more
answers

Wear and tear allowance on sars code 3713

I received a laptop allowance on a monthly basis. Laptop belongs to me. This appears on my IRP5 under source code 3713. I received this over 3 years. Can I cl

Read more
answers

Moving from the Middle East to South Africa

I am a British citizen who has worked in the Middle East for 10 years. During this time I gained South African citizenship and will move to live in SA. Will I

Read more
answers

SARS refund delayed question.

Good morning Tim, on the 1st of July I submitted my tax return via e-filing, on Friday the 3rd of July the status changed to assessed and a note saying that I

Read more
answers

How do we send more than 20 attachments to SARS?

Hi Tim SARS requested supporting documents to be uploaded which is mostly from our medical aid and we have 26 and are not allowed to send more than 20. How do

Read more
answers

Medical tax credit if I am sponsoring my Mom's medical aid?

I am an employed person and have no trouble doing my tax return with SARS e-filing. What I would like to know is the following: Since October 2013 I have been

Read more
answers

Refund time

My return has been assessed with no mark for audit and I am due for a refund. Last year I got my refund quickly (a few days) - its been a week and nothing yet

Read more
answers

Depreciation on passenger vehicle

Good day,I bought a 2002 model car which is still in good condition, in June of last year for a financed amount of R109,990. 00 This vehicle is used on a 50%

Read more
answers

Am keen to know if I am due a refund or not. Earned R42,000.

If I earned only R42000 in 2013, having worked for only three months, and paid R6000 in tax, for that earning, over the whole year, is there a possibility I c

Read more
answers

What Medical expenses may I deduct?

I don't belong to a medical aid and paid for medical expenses out of my own pocket resulting in a substantial cost. How much of the expenditure can I dedu

Read more
answers

Letter from SARS about source code 4027

I received an ITA34 and a letter from SARS. It asks me for relevant material for source code 4027. Must I get a letter from my employer confirming that I use

Read more
answers

Out of Pocket Medical Expenses

My Mom is in her late 80s and stays in her own suite in a retirement home and during the day she is independent. However at night she gets confused and theref

Read more
answers

At what point do you become a provisional tax payer?

Hi there. The 2014-2015 tax year will be my second tax season as a self employed 'freelance' architect. Last year when I submitted my tax at SARS they said I

Read more
answers

Unemployed - tax on providend fund payout

I've resigned last year, received my provident fund. On my paper it stated on my employees tax deduction - non-refund PAYE. What does that mean? That means

Read more
answers

How much will I pay you?

How much will I pay to Tim for completing my tax return? Please have a look at our Pricing Page for the various packages we offer.

Read more
answers

Medical aid claims - fiance's medical aid

I need to please find out - I am on my fiancé's medical aid (he is the main member), should there be any excess to be paid on medication etc. We do not physi

Read more
answers

Is there any money for me at SARS?

How would I know if SARS owes me money? Did you work between 1 March 2014 - 28 Feb 2015? Yes.... You would need to file a return to see if you are du

Read more

Page 150 of 317

Showing 3726–3750 of 7902 articles