Written by Evan
Posted 11 August 2015
I have a rental property which I have been receiving income for in the last tax year. This is the first year that I have owned and rented the property. I also earn income from an employer but have paid PAYE on this income.
The tax return is easy enough without the rental income and expenses but I need help presenting the income and allowable expenses related to the rental income. Does your lite service include accounting for income and expenses for a rental property? I have all the i...
Written by Marc
Posted 10 August 2015
Written by Marc
Posted 9 August 2015
Hi. Submit my tax return via SARS eFiling on the 1st of July. I work for saps. Submitted my tax return but then realized that I have made a mistake at the medical deductions and then filed a correction. After 3 weeks I went to SARS personally. The person assist me and after signing the document the computer showed that I am being assessed and the agent said sorry but there is nothing he can do. On the SARS eFiling website I tried to upload documents but without success. Remember I did take the...
Written by Marc
Posted 9 August 2015
Hi there,
I submitted my tax rerun for this year and SARS have requested returns for 2011 and 2012. Since they didn't ask for these last year, am I correct in assuming that I didn't need to submit them in the past and will therefor not be penalized?
Also, my 2012 return has been selected for verification. Im assuming this is a random selection or perhaps because the three returns together equate to a refund due to me of around R12 000. I cant see any other reason fo...
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Hi there, my wife is due a refund, after following up with SARS they said she needs to submit a return for 2009. The problem as you advised in your article (https://www. Taxtim. Com/za/blog/sars-isnt-paying-my-refund-they-want-my-old-returns) is that there is zero chance of acquiring those old documents now. Is her only option a police affadavit?
How does she submit a return on eFiling, when there is no record of it on there? (This is what SARS said she must do. . . )
Can you submit a nil return for older years, even if she obviously was employed but there is tax documentation?...
Written by Marc
Posted 7 August 2015
I submitted my tax return for 2015, I then went back and removed the actual values for repairs and maintenance for my vehicle as I do not have proof of all the records like my insurance, I only have proof of the fuel and maintenance. I then went to my 2014 return and requested a correction as I wanted the the values removed for the cost of my repair expenses. I made these changes on the 1 st of July 2015 and as per usual, I was selected for an audit. According to the call center, they have all t...
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
I submitted by tax return via SARS eFiling on 7 July 2015. On 9 July 2015 I checked what progress had been made only to find a letter stating that they require documentation for review. My employer does not pay my medical aid, I pay the total contribution myself. I submitted the IRP5 again as well as my medical aid tax certificate and RA tax certificate. I have not even claimed to medical expenses I paid out of my own pocket. Every time I call them, I am told that they are still busy with the au...
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Marc
Posted 7 August 2015
Written by Evan
Posted 7 August 2015
Written by Evan
Posted 6 August 2015
Written by Evan
Posted 6 August 2015
Written by Evan
Posted 6 August 2015
Hi Tim,
Firstly, I absolutely LOVE your website - it's put such a complicated system into an easy to understand format. Life saver tendencies :D!
I'm doing my own taxes (for the first time) via SARS eFiling and thanks to you the process has been rather easy. But I just need to double check on the following:
-I submitted supporting documentation. How long do I have to wait to receive my refund? I'm not being audited.
-Account statement shows a negative account balance (YAY) but what does 'aging transaction' mean?...
Written by Evan
Posted 6 August 2015
Written by Marc
Posted 6 August 2015