Written by Marc
Posted 15 October 2014
Written by Marc
Posted 14 October 2014
I am a non-resident of South Africa because I have been living and working in the UK for the past 2.5 years. I had gotten some (bad!) advice from someone that said that I should continue to fill in my tax return because I have not officially emigrated. He said I should just fill in "0" for income and to state that I am unemployed. I went ahead and did this, but now SARS are asking for additional verification documents. I can still amend my return online. I realise now that I probably d...
Written by Marc
Posted 14 October 2014
Hi,
My previous employer failed to submit my IRP5 in time. I was only issued (after a few months of begging) with a copy of my IRP5. This I sent to my Tax Practitioner, I have been informed that Im being audited via my Tax Practitioner, SARS didn't contact me, can this be? What does it entail? Am I in trouble for a previous employer's negligence? What to do now that the closing date is in November and I still haven't heard / received anything.... what will happen if I miss the c...
Written by Marc
Posted 13 October 2014
Written by Marc
Posted 10 October 2014
Written by Marc
Posted 10 October 2014
Written by Marc
Posted 9 October 2014
Hi There,
I just filled by 2014 tax returned through eFiling and got an email from SARS stating I have a notification that needs by attention. This was regarding my 2012 tax return and it still needed to be submitted. I submitted it soon as possible. I received three emails from SARS, the first one stating that statement of account as been issued, ITSA for the period of 2012 - 2014 and the other two emails stating I have a ITA34 notice for 2014 and 2012. I opened these notifications and the only thing stated was the period and - amount...
Written by Marc
Posted 8 October 2014
Written by Marc
Posted 7 October 2014
Written by Marc
Posted 7 October 2014
Written by Marc
Posted 7 October 2014
Hello Tim,
SARS' records show that my assessment month or fin year end is Feb. My previous accountant used the financial year end date reflected on my CIPRO company registration for compiling my IFS which is Mar. She then submitted records for until 31Mar. I'm now in the process of submitting my returns for this period and would like to align SARS records with my previous accountant's submission; that is change the assessment date from Feb to Mar.
How do I go about this and what are the possible implication? ...
Written by Marc
Posted 7 October 2014
Written by Marc
Posted 1 October 2014
Hi Tim. I worked for 2 months in the 2014 YOA. I then left work upon the birth of my child. I am the principal member of our family's medical aid (myself, husband and child) and the contributions are paid from my bank account. Since I left work, my husband transfers money into my bank account for the payment of the medical aid. Do I claim this on my tax return even though I am not employed? Should my husband claim it even if the policy is not in his name? I did have income this year so if I clai...
Written by Marc
Posted 29 September 2014
Written by Marc
Posted 29 September 2014
Written by Marc
Posted 23 September 2014
Written by Marc
Posted 23 September 2014
Written by Marc
Posted 22 September 2014
Good day
Thank for a great site.
I am a public servant and belong to a medical aid. Me and my work contribute to my medical aid on which my wife and children is dependents. My tax certificate from my medical aid is in my name and shows an amount paid out of pocked not paid by medical aid. May my wife claim this amount on her tax return? She earns less than me and will most probably fall over the 7.5%, which means that she will get some of our expenses back?
Most of the...
Written by Marc
Posted 18 September 2014
Written by Marc
Posted 18 September 2014
Written by Marc
Posted 17 September 2014
Written by Marc
Posted 17 September 2014
Written by Marc
Posted 15 September 2014
After a audit the amount that was owed to me, that had a negative, now shows that that same amount is payable by me. Almost had a heart attack. But when I read on. It says that my acc is 0.00. I don't understand why I owe them. I only claimed my cash medical payments. And been paying my tax as I should. How can I owe them. First ITA34 shows -9690.00. Second ITA34 shows 9690 payable by you. I don't have this kind of money. I think something went wrong. If they say 0.00 account in the second parag...
Written by Marc
Posted 15 September 2014
Written by Marc
Posted 15 September 2014