Written by Marc
Posted 11 August 2015
Written by Evan
Posted 11 August 2015
Written by Evan
Posted 11 August 2015
Written by Evan
Posted 11 August 2015
Written by Evan
Posted 11 August 2015
Written by Evan
Posted 11 August 2015
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
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
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
Hi. My wife earned investment income and a salary last year. This year, she's now stayed at home with our daughter, and thus hasn't earned a salary - thus significantly less taxable income. For the first provisional tax payment, do I have to use the basic amount (i. E. Last year's taxable income) to calculate this payment? The payment will then end up being more than her annual tax is expected to be, as there is obviously no salary (and no corresponding PAYE). Or can I safely estimate a lower am...
Written by Evan
Posted 7 August 2015