Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Hi filed my tax reurn on 13/10/2015 got my ITA34 says SARS owes me and not selected for audit. Than on 14th I requested a statement of account showed electronic refund will be paid 15/10/2014 but later in evening of 14th got request to submit supporting docs. And ITSA still shows a minus and not selected for audit but shows that they reversed the electronic transfer for 15th and balance is still minus. And my tax return status shows Return- Asssed. I submited supporting docs 15/10/2015. Will I still get my refund? or am I in the Audit process. Thanks...
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Evan
Posted 14 October 2015
Written by Evan
Posted 14 October 2015
Written by Marc
Posted 14 October 2015
For the first four months of the tax year I belonged to a full medical aid deducted from my salary as part of cost to company. After that I was retrenched and joined a medical aid fund on my own. It is a hospital plan and not a full medical aid - does this still get filled in as a medical aid on the tax form (even though it is just a hospital plan)? If so, would I add the two amounts together to fill in as my medical aid deduction on the tax return or or they separate? - I know the work one has ...
Written by Marc
Posted 14 October 2015
Written by Evan
Posted 13 October 2015
Written by Marc
Posted 13 October 2015
One of our children, who is working overseas, has recently being sending my wife and I (we are 63 years old) money each month to help with our expenses. Once this overseas money clears the Bank, this financial assistance works out approx. To R25,000 to R40,000 per month (in one instance, an amount was ALSO included for our grandson's annual school fee: R64,000 ) and this works out to approx. R364,000 per annum). We have indicated to the Bank that each of these amounts is being received as a gift...
Written by Marc
Posted 13 October 2015
Written by Marc
Posted 13 October 2015
Written by Marc
Posted 13 October 2015
Written by Marc
Posted 13 October 2015
Written by Marc
Posted 12 October 2015
Written by Marc
Posted 12 October 2015
Hi TaxTim,
I am a full-time student and work for a company during my free time where I do odd promotions in a month. I am earning below the tax bracket and I am being taxed 25%. I get taxed on jobs where I earn R350, R500, and R800. My question is should I be taxed even though I am way below the tax bracket? And how does it work with the tax if I do not have a tax number and the company have deducted tax but have not given pay slips yet? Can I be exempt from paying tax on a R350? What happ...
Written by Marc
Posted 12 October 2015