Written by Marc
Posted 12 November 2014
Written by Marc
Posted 12 November 2014
Written by Marc
Posted 12 November 2014
Written by Marc
Posted 12 November 2014
Written by Marc
Posted 11 November 2014
I lived in a property for a number of years, then rented it out for a few more years after that, and I have now sold the property. It appears that CGT is only applicable to the pro-rata portion of the time that the property was rented out - thanks for the blogs and answers to previous questions on your site I was able to figure that one out. My problem is how to capture this in efiling. Do I pro-rata the base cost and proceeds and enter the reduced amounts? Or do I tick that it is a gain in lieu...
Written by Marc
Posted 11 November 2014
Written by Marc
Posted 11 November 2014
Written by Marc
Posted 11 November 2014
Written by Marc
Posted 10 November 2014
Written by Marc
Posted 9 November 2014
Written by Marc
Posted 7 November 2014
Written by Marc
Posted 6 November 2014
Written by Marc
Posted 6 November 2014
Hi Tim. I have a major dispute going on with SARS as efiling didn't show that my return for 2007 was done manually. Being a new efiling user I was still learning the process. How can SARS be so inhumane when they have clearly made this service available to the common person and then charge us thousands for making a human error by clicking a wrong button. I submitted a return in error that should never have been submitted from 7 years ago (a year they rightfully refunded me I might add)... S...
Written by Marc
Posted 6 November 2014
Written by Marc
Posted 6 November 2014
Written by Marc
Posted 5 November 2014
I am an independent contractor operating out of a home office, and earned commission during the year from two sources, however only one of them deducted PAYE. That IRP5 is reflected on eFiling, however there is no section on the ITR12 to declare the second source of commission income. If I select the trade section of the ITR12 then I get a whole income statement to complete; if I do this must I include the IRP5 income as well? Also must I include all my expenses here or rather in the standard de...
Written by Marc
Posted 5 November 2014
Written by Marc
Posted 5 November 2014
Written by Marc
Posted 5 November 2014
Written by Marc
Posted 4 November 2014
We have a Company based in South-Africa but all the work (professional engineering services) we do is for a Company Based in Tanzania. At the end of each service provided to this company we Invoice them and when they pay us they deduct 15% Withholding tax. Each year we receive Withholding Tax Certificates from this Company which we then submit to SARS when our accountant does the Company Tax Return via e-filing. The Withholding Tax Certificates we submitted to SARS this year was for the value ...
Written by Marc
Posted 3 November 2014
Written by Marc
Posted 3 November 2014
I have a daughter who is deaf she has finished Matric at a school for the deaf she now attends a normal colledge because there are no specialised colledges for deaf students.
I understand that I cannot claim for her fees because it is a College however I did put in a claim in 2014 for travelling because she cannot use public transport to commute to college because of her lack of communication and hearing, but my claim was rejected.
I see the tax act uses the word Specialised School but makes no mention for college or university ...
Written by Marc
Posted 3 November 2014
Any idea on what is happening with income tax returns this year?? I have submitted my return early July, only to find out that I am being "audited". I have done the documents needed twice, had to do a dispute, got a return that the objection was allowed, and have subsequently been waiting for my refund since the 3rd of September. I have been phoning the call centre twice a week since then, and have had just as many different responses from them as to what is happening on my return! The answer ...
Written by Marc
Posted 3 November 2014
Written by Marc
Posted 3 November 2014
Do Your Tax Return Easily