Tax Q&A

answers

SARS need documents. What do I do?

SARS need documents. What do I do? You need to submit to them your IRP5s, your medical aid certificate, logbook and proof of the item you claimed depreciati

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Must I go into SARS to register bank details?

Hi TaxTim, I have submitted my tax return for this season and I am owed a refund by SARS. I have never filled in my banking details before as have only been wor

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Partnership on rental property

I own 50% of a property with a fiend of mine which we rent out to a third party. In terms of the partnership question on the tax return, do we need to indicate

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Lost logbook what to do as SARS requires it?

I have lost a log book and SARS need me to submit it. what should I do, it is for this tax season? You need to record one if you are able to from memory? May

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Documents requested for second time

Hi TaxTim,I had my tax return done by a tax practitioner who informed me that I neeeded to submit all documents again after he submitted everything for the firs

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Charitable donations - where do you list them and how do you find out if the church qualifies?

- Where on the tax return do I list my charitable donation?- How do I find out if the church I contributed to qualifies as a PBO? Apparently there is a list the

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Tavel Expenses no Allowance

As a commission earner with no allowance I have travelled about 15 000 km what method do you suggest I must use to claim the fixed method of R 3.24 per km or wh

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My Audit with SARS is taking forever...

I have submitted my tax in June. Have been audited x2,and still haven't heard anything from them. Went to SARS offices last week, they can't give me any answers

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WHAT ARE DEDUCTIBLE EXPENSES FOR SELF-EMPLOYED SURGEONS

I am a self-employed surgeon in the private sector. My business is my primary sourceof income with most expenses [ including the astronomical amount for my insu

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Why cant I log into SARS eFiling with normal user name and password?

I cannot log into eFiling, keep saying details are incorrect even after reset password? Please contact 0800 00 7277 to try and resolve this problem.

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Does SARS charge a penalty on the late submission of an income tax return with a refund

Hi TaxTim,This year was my first year of employment and as such I registered for tax. Additionally, I only received a salary for two months during the tax year

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SARS souce code 4112

On my IT 3(b) I have for SARS source code 4112 (Foreign withholding tax on dividends) an amount of -R 68.93. But eFiling does not allow me to enter a negative va

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If you're a freelancer who earns below R70 700, do you have to submit a provisional tax return?

I am a freelancer but I earned under the R70 700 threshold. Do I have to register for provisional tax? Some people have told me that I have to submit a provisio

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If I dismised SARS will pay back my contributions?

Can I get something or money back when I not working at my company? You need to have been working and earning income in order to possibly get a tax refund. R

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Do I pay tax if am working for NGO?

I am working for NGO, I am currently earning 8000, do I have to pay tax? Yes you do, incomes greater than R67 111 for the 2013/2014 tax year gets taxed.

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How long does it take for new bank details to be verified?

How long does it take for new bank details to be verified? I went into a SARS branch and submitted all documents, and received a confirmation email saying that

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When do you file the first and second period of the IRP6 form if you only opened in Nov 2014?

If you left work in February 2014 and started your own small business in August 2014 but you only changed from a non provisional taxpayer to a provisional taxpa

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Depreciation Disallowed?

On my previous ITA34 SARS said that the amount refundable to me was R-6153.46 (there was a depreciation value of R2533.00 for a laptop that I use for work purpo

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IRP5 form reflecting less periods than worked, but correct remuneration.

My company was acquired by 24.com halfway through last year. On my IRP5 form it lists 4 periods since we were taken over, but only 6 periods for the time prior

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IRP5 not applicable but SARS keeps asking to rectify?

My salary earned is outside SA, I reside outside SA for the past 13 years. After completing the questions the system requests IRP5 which I do not receive. Please

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do I have to fill in ITR-DD every year

do I have to fill in itr-dd form every year Yes you do, you need approval from SARS on an annual basis. THANK YOU Only a pleasure!

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Rebates calculation

How does the rebate on your assessment get calculated? Please have a look at our blog on How do I calculate how much tax I owe? and then you can make use of

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Would like to have a trial run without submitting a returns.

I do not want to submit for this past returns. However I would like a trial run to see what I need for the next one. Yes you can try out our system. Simply re

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Can holiday bonus be taxed?

Can SARS tax your holiday bonus??? Yes they can, it is income earned.

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tax number what is need to do it?

It's my first time doing a tax number what is needed for me to have a tax number? Please click the link on How to get a SARS tax number

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