Verification of Income Tax Return

  Written by Evan   Posted 14 July 2015

I am somewhat panicked after receiving a "Verification of Income Tax Return" notice and a "Request for Relevant Material" notice. The problem arose (I think) under amounts submitted to, but not recovered from, my medical aid. I have now submitted the certificate from my medical aid reflecting the amount, however, I still do not have access to my IRP5/IT3(a) from my employer. I am very worried as I have never had any issues with SARS.

Audit finalised

  Written by Evan   Posted 14 July 2015

Hi Tim

My audit was finalized and I received confirmation of this via the SARS call centre and I received a IT34 for both 2012 and 2014 confirming everything was finalized and a completion letter for 2015, this was done on Friday. The also confirmed that my penalty was deducted from my refund and nothing is on hold on their side its just the payment that need to go through to my account. By when more of less will the refund be in my account?

What should I do if I forgot to claim for my medical expenses and have already submitted my return?

  Written by Evan   Posted 14 July 2015

What should I do if I forgot to claim for my medical expenses and have already submitted my tax return to SARS?

No supporting documentation for Agent Commission for rental property

  Written by Evan   Posted 14 July 2015

Hi, I am renting out a property. I've used your easy questions to fill in all the necessary information regarding the income and expenses related to renting out that property, but I am not confident about what supporting documentation I require to keep on hand for the rental property. I have all the levy and rates invoices, rental agreements and legal costs invoices and the bank statements for the bond financing the property. However the agent does not supply me with invoices for her commission....

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Can you help me without a medical aid tax certificate?

  Written by Evan   Posted 14 July 2015

Hi, I have medical insurance (not medical aid). I am with oneplan. Can you guys still help me with my tax return? Is a medical aid certificate compulsory? Thank you

Claim for working from home

  Written by Evan   Posted 14 July 2015

Can I claim for office, internet expenses as I have a second job and work from home in the afternoons?

Tax refund after audit taking so long

  Written by Evan   Posted 14 July 2015

Hi Tim

I submitted my Tax Return to SARS, on the 03/07/2015. On the same day I received the notification that I was yet again for a second year in a row being audited. Since it was the weekend I could only submit the required documents on the 06/07/2015. I have been waiting 7 working days now for some sort of email/sms from SARS saying that my refund is on its way, (last year tax season, it took them 2 days after the notification to get my refund in). All that they are querying is my Medical Aid Tax. ...

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How much per month can I pay for additional pension fund (tax code 4002)?

  Written by Evan   Posted 14 July 2015

What is the threshold on tax code 4002?

How can commission earner optimise tax returns?

  Written by Evan   Posted 14 July 2015

Hi, based on my tax returns submitted this year as a commission earner, what can I do differently to optimize tax returns for next season?

Can I claim from SARS if I earn under R17k but have medical

  Written by Evan   Posted 14 July 2015

I earn a gross salary of R17,000. 00 a month and have no deductions except for PAYE and UIF, I do however, have a medical aid which is paid by me and does not reflect on my salary slip. Will I be able to claim from SARS? Do I need to submit a tax return? I've been employed at my company for 5 years and have never submitted a tax return.

Awaiting refund after re-assessment

  Written by Evan   Posted 13 July 2015

I have submitted my returns on the 2/7/2015. I was requested to submit supporting documents, which I did on the same day and the SARS efilings status shows this. The returns where then re-assessed and I received notification of a second ITA34 on the 7/7/2015. It is now the 10/7/2015 and have not received my refund. Does this mean that I am being audited. And if not, why the delay?

3704 Subsistance Allowance

  Written by Evan   Posted 13 July 2015

I received a subsistence allowance (3704). In 2014 I travelled locally for 5 months, I spent about 108 days away from home. How much can I claim in terms of subsistence allowance?

Tax deduction for vacant months in property

  Written by Evan   Posted 13 July 2015

I bought a rental property but didn't have a tenant for the first 3 months. Can I deduct the interest and rates for the first 3 months where I did not get any rental income?

Fringe benefit calculation on two employer-provided vehicles

  Written by Evan   Posted 13 July 2015

I have 2 cars on "employer provided vehicle":

1) 2013 Suzuki Alto used for approx 6 months. Cash value 89000
2) Cherry 2011 value 59900 also used for approx 6 months.

How would I calculate the fringe benefit amount / or could someone help me with these amounts?

How much must I pay?

  Written by Evan   Posted 13 July 2015

How much do I have to pay for tax?

Is there a charge involved if you use Tim?

  Written by Evan   Posted 13 July 2015

How does a person submit tax returns with the help of Tim online?

Too small travel allowance - different to actual costs

  Written by Evan   Posted 13 July 2015

I have a R 2 500 travel allowance (R 30 000 a year) provided to me. But for 2015 I calculated my true travel costs (travel allowance) and it should have been R 70 000 a year.

Travel allowance on my IRP5 R 30 000
Travel allowance calculated by SARS tables R 70 000

Can I claim the R 70 000 tax deductible or am I limited to R 30 000 tax deductible?

Medical costs for pharmacy levies

  Written by Evan   Posted 13 July 2015

Can I claim on all the pharmacy levies I pay?

When will I receive my refund?

  Written by Evan   Posted 13 July 2015

Hi Tim

Awesome site, assistance and insight - well done!

I did my tax return last week (15 July 2015) and my assessment cam back as - R 8840. 32. I believe that this is the amount owed to me etc. When can I expect this amount do be paid out into my account. As it is already a week later? I am not selected for audit, nor do I have any outstanding documentation. Thanks for your assistance.

Time frame for refund after submitting documents for review

  Written by Evan   Posted 13 July 2015

Awesome service - well done on this easy to follow and easy to understand website!

I have completed my tax return on the 2nd of July. I then received an IT34 Assessment which stated that my tax will be verified. I submitted the Medical aid and Retirement Annuity tax certificates as support documentation since these were the only ones I received. In my tax return my IRP5's was already logged - I did not receive any other ones I only have the three in total and they were on my form already...

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Allowable deductions on property for tax purposes

  Written by Evan   Posted 13 July 2015

I bought a property in the previous tax year and paid initiation fees which were included in my bond account. Can I include the initiation fees as bank charges when doing my income tax return? Also the tenant didn't like the color paint in the house and we had to repaint the house can I deduct that cost under repairs and maintenance?

Confuse to being taxed so much and not getting anything back from provident

  Written by Evan   Posted 13 July 2015

Why don't I get a tax refund from my provident fund seeing that I'm still unemployed my fund is @ R132300 I get taxed R19000 on it and what do I get back?

Submitted Tax Return - No response from SARS

  Written by Evan   Posted 13 July 2015

Hi Tim, I submitted my SARS e-filing tax return on the 1st of July, but have as yet not heard anything from SARS, this is the first time it has ever taken this long, could there be something wrong on my tax return? I was selected for auditing, as I was the last three years.

Unemployed for the tax year 2014/2015 and paid medical aid contributions but no refund received.

  Written by Evan   Posted 13 July 2015

Dear Tim

I was unemployed for the tax period 2014/2015 and received 0 income. I however paid my monthly medical for my spouse and one adult dependent which totaled R62,064.00 and unclaimed from the medical aid of R2,874.00.

I completed my tax return with the medical aid section, unfortunately did not receive a refund. The calculation on SARS eFiling allowed for an amount of R16,200.00 plus tax credits of R8,232.00 and further tax credits of R8,002.00 but the final total was R0.00....

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Why a second round of audits is required - why not do an end-to-end audit first time?

  Written by Evan   Posted 13 July 2015

I submitted my tax return on 10 July & a correction on 14 July (simple mistake in 1 line item which had zero financial impact). I received notice that I was being audited & was requested to submit documentation (twice) before 16 days later, on 30 July, receiving confirmation that my account had been finalised (with no changes) & that I would receive settlement within 21 working days. Today, a full 20 days after my account was "finalised", I have received notice of the commencement of a second audit & a request to submit the very documentation that was vetted by SARS 3 weeks ago. ...

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