Written by Marc
Posted 13 August 2014
Written by Marc
Posted 12 August 2014
On my IRP5 I have a Source code of 3702 which is for my non-taxable travel allowance. When I submitted my tax return I received a letter from SARS saying that I need to submit relevant documentation because my non taxable travel allowance exceeds maximum permissible. This is not true as my total amount was only R2211 which is clearly less than the permitted 8000km. As I did not keep a log book what relevant documentation do I need to submit? As I understand, since my travel allowance is less tha...
Written by Marc
Posted 12 August 2014
Written by Marc
Posted 12 August 2014
Written by Marc
Posted 12 August 2014
Written by Marc
Posted 12 August 2014
Written by Marc
Posted 10 August 2014
Written by Marc
Posted 10 August 2014
Written by Marc
Posted 9 August 2014
Written by Marc
Posted 9 August 2014
Written by Marc
Posted 9 August 2014
Written by Marc
Posted 7 August 2014
Written by Marc
Posted 7 August 2014
Written by Marc
Posted 6 August 2014
Help, I just received a REDUCED ASSESSMENT ITA34 from SARS. I submitted my tax return but at that time for tax period 2013/2014 I hadn't received a small portion I cashed from my company provident fund to settle study debt when I left me previous company on the 28th Feb 2014.
My original assessment indicated I was due -R9,460.29, the latest assessment indicates that I'm only due -R0.19. Reason for the Reduced Assessment is "Income no declared".
The Provident Fun withdrawal amount was R137,769, I withdrew R32,152.29...
Written by Marc
Posted 6 August 2014
Written by Marc
Posted 5 August 2014
On 2012 I did my eFiling and my return was R-1478.05 this year 2014 I received Notice issued on SARS for ITA34 for 2012/1
Thank you for submitting your income tax return for the 2012 year of assessment.Your assessment has been concluded and reflects an amount refundable to you of R-1478.05
please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any othre balances on your account.The current balance on your ...
Written by Marc
Posted 5 August 2014
Yesterday 04 August 2014, SARS informed me, for the First Time, that there is a reoccurring penalty against me from 2007 - 2008. I resigned from my job as we were moving, so I only worked 2 months for that tax year earning only R9000.00 in total for the year.
I started to work again in 2011 and did my TAX returns, at that point SARS told me there where no outstanding penalties.
I have no proof of anything as legally I must keep papers for 5 years, thereafter I dispose of them.
Written by Marc
Posted 5 August 2014
Written by Marc
Posted 4 August 2014
Written by Marc
Posted 4 August 2014
Written by Marc
Posted 4 August 2014
Written by Marc
Posted 4 August 2014
Written by Marc
Posted 4 August 2014
Written by Marc
Posted 4 August 2014
Written by Marc
Posted 4 August 2014