Tax implications on selling my second property?

Posted 13 February 2017

What will my capital gains tax be if I received a payment of R680 000 upon selling my second property?

Late return

Posted 12 February 2017

I misplaced my supporting documents for my 2016 tax return last year, I have since found it but I needed to know if I can still submit my tax form even now that it is late?

Refund or amount due to SARS

Posted 12 February 2017

I have minus signs in front of my refund amount on my transcripts what does this mean?

Awaiting registration verification

Posted 12 February 2017

I opened a SARS eFiling profile but are able to click on the returns option, do you know what I am doing wrong please?

Can I submit a return?

Posted 10 February 2017

do i qualify for tax refund as a contract administrator?

Negative refund amount on transcripts

Posted 9 February 2017

My refund amount says negative 8602 what does this mean

Supporting documents error

Posted 8 February 2017

If I attached the wrong documents to my return, can I still resubmit the correct documents to SARS?

Does married in commuity of property mean a partnership?

Posted 7 February 2017

We are married in community of property does this mean this is a partnership for CGT purposes?

Why do I have to pay back

Posted 6 February 2017

SARS request payment from me. I am not sure why? How do I check? And on the phone SARS says because I never submit all supporting documents!

Add more than one depreciation expense

Posted 6 February 2017

I have a laptop, tablet and cell phone that I need to depreciate, how do I do this?

Legal tax deduction?

Posted 3 February 2017

Good Day I would like to know who is right in this scenario: a SA resident and the SA company I work for received a construction contract in Sierra Leone, November 2015 we left with promises that there will be no tax deducted. Just before we left our SA employment was terminated and we were rehired by the newly established Sierra Leone company (same name, just now Sierra Leone ltd). We work everything according to the SARS 183/60 rule In the meantime, salary and tax deductions went on like norma...

Read more →

Can TaxTim change my banking details?

Posted 3 February 2017

I was asked by SARS to come and verify my banking details in person, can TaxTim go and do it for me?

How do I know the verification process are completed

Posted 3 February 2017

Hi. I was requested to send documents for verification which I did. About four weeks later I was issued an additional IT34 (assessment) that showed no changes were made to the original assessment and on this one it indicated that I am not selected for audit / verification. But I have not yet received a completion letter. Does this mean the verification process has now been completed?

Can I resubmit my IRP6?

Posted 1 February 2017

I submitted my IRP6, but I think the tax payment is too high? I feel I missed something. I did this at a SARS office. Is it possible to amend the IRP6 figure before I pay? And if so, how?

No refund received

Posted 1 February 2017

SARS have not refunded me since I submitted my return 6 months ago, can I go into their branch and query this if I submitted my return on eFiling?

How long before I get my funds owed to me by SARS

Posted 1 February 2017

SARS used my pension lump sum to pay my administration penalties balance. I have however since this submitted the returns and SARS now owe me an amount. Do you perhaps know how long this could take, as I called them yesterday and they said that all queries on my account was finally resolved.

When will the 2017 tax season start?

Posted 31 January 2017

To avoid any penalties, when will the 2017 tax submission open (ie. From March 2016- Feb 2017? When will we be able to submit our documents for the next tax season?

Can I request a correction again?

Posted 31 January 2017

Can I request a correction after my tax was assessed by SARS?

HOw can I get my refund?

Posted 31 January 2017

SARS owes me more than R12000 and refuse to pay because I have not submitted a tax return for 2008, how can I correct this?

Personal and SMME tax

Posted 30 January 2017

Good day. I would like help with filing my yearly tax documents to SARS firstly. Secondly, I just registered a small business and would like to have the tax systems in place before starting off with this, thus need help with that as well. Is there a premium product that you have that help people with these types of things?

Email address for SARS please?

Posted 30 January 2017

Can I please get an email address to send SARS my documents?

How does one handle forex trading losses?

Posted 30 January 2017

Naturally when extra income is generated, fair enough, tax must be paid. I have seen you address the Forex trading profit questions from taxpayers but no case of forex trading losses. How does one address Forex trading losses in a personal tax return?

Is SITE from 2009 ever refundable?

Posted 30 January 2017

Could I please get assistance with my query. In 2009 I earned R29000 for the entire year as I only worked for a portion of the year. SITE of R1064 was deducted over 6 months. I have tried getting a refund of this money by submitting my tax return however SARS is adamant that I am not due a refund as SITE is non refundable. They have informed me that I should request my SITE to be paid back to me by my employer. Can you please advise.

Can you check if I owe SARS?

Posted 27 January 2017

I am an employee and have been working for 6 years. I have however never submitted my tax returns, can I still submit them and will I get a refund?

Personal details - current or historical?

Posted 25 January 2017

When requesting a correction of a historical return, do I use the personal details (address etc. ) which applied during the year of assessment, or update to reflect the current details?

I am worried that this will trigger additional adminstrative procedures (validation of details etc. ), which is difficult as I now reside overseas.
Older posts →← Newer posts    1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20