Written by Marc
Posted 12 August 2013
Written by Marc
Posted 12 August 2013
Written by Marc
Posted 11 August 2013
We are married in community of property with one bank account in my name. My wife and our children have individual credit cards on the account and all my wife's income as well as tax refunds are paid into it. She is the principal member of our medical aid. Me and her use the bank account to pay medical expenses via credit card and EFT.
Will SARS disallow medical expenses paid from this account in my name, even if it is for her and our children? I settle medical bills via EFT, any one ...
Written by Marc
Posted 9 August 2013
Written by Marc
Posted 8 August 2013
Written by Marc
Posted 8 August 2013
Written by Marc
Posted 8 August 2013
Written by Marc
Posted 7 August 2013
Written by Marc
Posted 7 August 2013
Hi! Your website is very informative. I was requested to submit outstanding returns for last 5 yrs via telephone.
I however updated the returns and then was asked to pay a penalty of R12500. A few weeks later I received an ITSA- statement of account stating I owe R50 404-00. I however settled the amount as my wife received disability from her insurance. The collection department stated that I still owe them the penalty of R12500. The ITSA only reflects interest on late payment and no pen...
Written by Marc
Posted 7 August 2013
I submitted my return and supporting documentation and I received notice on e filing that my return is referred for audit. I called SARS and they advised that the turnaround time can be anywhere from 3 to 12 months for an audit to occur. They advised that all refunds over R10 000 go for audit. Because I work on commission and claim expenses my refunds are always greater that R10 000, but never takes more than about 2 - 3 weeks.
Is there any way I can speed the audit process up for th...
Written by Marc
Posted 7 August 2013
Written by Marc
Posted 6 August 2013
Written by Marc
Posted 6 August 2013
Written by Marc
Posted 6 August 2013
Written by Marc
Posted 5 August 2013
Written by Marc
Posted 5 August 2013
Written by Marc
Posted 4 August 2013
Written by Marc
Posted 4 August 2013
Written by Marc
Posted 4 August 2013
Written by Marc
Posted 4 August 2013
Written by Marc
Posted 3 August 2013
Written by Marc
Posted 3 August 2013
Written by Marc
Posted 3 August 2013
Written by Marc
Posted 2 August 2013
Written by Marc
Posted 2 August 2013