Employed Commission Earner and Investor - Where do I stand?

  Written by Evan   Posted 5 July 2015

Hello

I am hoping you can help. A few things:

My retirement annuity reflects as code 3697 on my payslip. Is this normal, does it count the same as 4002?

I receive a car allowance, but my vehicle installments, insurance and petrol costs me more, is there a smarter way of doing this?

More than 50% of my salary was commission from a single employer this year. Can I still claim fuel,l insurance and depreciation although I have a car allowance? What other expenses can I legitimately claim (i.e entertainment, networking meetings etc. ) Can I claim for expenses my company have re-imbursed me for?...

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Payments from SARS

  Written by Evan   Posted 5 July 2015

Ok so SARS owes me money. Do I have to fill in my banking details again under my online SARS eFiling profile, and which option should I choose?

Thanks

Treatment of rent with joint ownership

  Written by Evan   Posted 5 July 2015

I am married under COP and I am a housewife. Purchased an investment flat with an inheritance. This is my sole income of R3500 pm. Do I show the rental income under husband's return or do I need to register with SARs and submit my own?

Business traveling expense

  Written by Evan   Posted 4 July 2015

Claiming business travel for commission earners using their own vehicle.

Claim cell & ADSL expenses

  Written by Evan   Posted 4 July 2015

How do you claim cell phones & ADSL lines expenses as a commission earner?

How do I incorporate use of rental car on tax return?

  Written by Evan   Posted 4 July 2015

My employer-provided vehicle had to go for major repairs (gone for 2 months plus). During this time my employer rented a car for me, with which I did some business km's. How do I incorporate this scenario on my tax return?

Is it a scam or is it legal within SARS to do tax return for commission on refund?

  Written by Evan   Posted 4 July 2015

I would like to know if I can claim my tax return via people around the community who claim that they doing it for business purpose where we have to pay them 30% of the money we get after they claimed for us?

Medical refund for 69 year old

  Written by Evan   Posted 4 July 2015

I am 69 years old and paid over R32,000 in medical aid expenses. How much of this can I expect to get back?

How to claim for Vehicle Expenses as an Estate Agent

  Written by Evan   Posted 4 July 2015

I am an estate agent where I sell property and I am purely on commission only. No basic salary. I do know that I can claim for my petrol for business purposes. And I am also aware that I need to have a logbook for proof of mileage. However, on my IRP5 I cannot seem to enter the Petrol, Wear and Tear, Oil, Maintanance and Repairs, Insurance etc etc. Please help me as to how I can include that in my ITR12 form.

How long does it take for SARS to pay me after audit?

  Written by Evan   Posted 4 July 2015

I submitted my IT return on the 1 July 2015 and were asked to scan my documents. Which I did at Kimberly branch. I received a long SMS about an audit. How long does it take for SARS to refund me after scanning my documents?

Supporting documents for tax return - don't have medical receipts

  Written by Evan   Posted 4 July 2015

Hi,

I have been selected to provide supporting documentation relating to my personal tax return, I accidentally submitted my return twice and now I have to provide the documents. I only have my IRP5 and medical tax certificates available which I used to complete my return but I do not have any receipts available that I saved for medical expenses paid from my own pocket.

Would this be a problem if I only then submit what I have available?

How could someone claim his money spent on training or studies?

  Written by Evan   Posted 4 July 2015

Is there any way that I can claim my studies expenses through tax return?

Non-commission, no car allowance. Can I claim travel expense?

  Written by Evan   Posted 3 July 2015

I'm not on commission and don't get a car allowance. But have done 17,000km in my car for business. Can this be claimed? Or can the 4015 code only be used for commission earners? What should I do?

Tax return submission for independent contractor with no IRP5

  Written by Evan   Posted 3 July 2015

I am completing the tax return, however I received an IRP5 for period 1 March - 31 Dec 2014, from my agency as an Independent Contractor and then went on to work for the same Client as an Independent Contractor from 1 January 2015 - 17 April 2015, but not through an agency. Hence no IRP5 and no taxes withheld. How do I file such a tax submission and return?

Where to enter medical costs incurred which does not reflect on IRP5

  Written by Evan   Posted 3 July 2015

On my Irp5 I have R5,911 under source code 4116 for medical scheme fees tax credit! I however have paid cash for some visits and this does not reflect as these were doctors not affiliated to medical schemes! How do I go about adding the amounts I spent and where do I add them and which source codes to use?

Review then audit. How long will this take?

  Written by Evan   Posted 3 July 2015

I submitted my e-filling yesterday, I was selected for a review I then requested a correction as I made a mistake. I have submitted all the documentation requested but now it seems I am being audited.

I had a company car for the first 17 days of March last year which I submitted a logbook for. How long will this take, do I need to be concerned is there a penalty to making a mistake?

How do I declare additional income for part-time consulting work?

  Written by Evan   Posted 3 July 2015

Hi TaxTim, in the 2014/2015 tax year, I did some part-time consulting work in my personal capacity over and above my normal work. It was only R3000 for the year. I'm including it under "Local Business/Trade/Professional Services". If this is the correct section, would I need to put the R3000 under "Other income" or where should I be declaring this amount? Thanks for your help!

Diabetes claim

  Written by Evan   Posted 3 July 2015

My son has Type 1 diabetes and I was told a last year you can claim a % of his food back. Do you know how this is possible?

He is listed with a disability on my husbands tax.

Why did SARS not return my medical spending?

  Written by Evan   Posted 3 July 2015

I paid almost R3000 towards medicines, apart from my MSA. Why has SARS not returned this amount? Can you please check?

Hearing disability - dependent on husband

  Written by Evan   Posted 3 July 2015

I am hard of hearing and have completed the SARS disability form with my doctors help. When I was working I was registered with a disability but now I am not working is it possible for me to
be listed as a dependent on my husband as he supports me?

Is it possible for you to deduct your money of R249 from the money that I will get from SARS?

  Written by Evan   Posted 3 July 2015

My problem is, I submitted my tax return in 2014 via TaxTim but I have not received anything from SARS. My colleagues earning the same salary have received some money from SARS in 2015. They have submitted their tax return via other agents.

Fringe benefits on company provided vehicle 3802

  Written by Evan   Posted 3 July 2015

The code 3802 appears on my IRP5 under Income Received. Can I claim anything back against this?
I am provided with a company vehicle, on my payslip an amount for taxable perks appears.

Can't locate my IRP5 form for 2007, SARS holding back my current refund

  Written by Evan   Posted 3 July 2015

Hi Tim,

I submitted my tax return on the 1st of July and immediately got my IR34 form and thought everything was in order. When calling the call centre yesterday they told me my refund will be held back because I didn't submit my return for 2007??

I went onto my efiling and then opened the 2007 form which I submitted blank and then got a letter stating they want documents. I then asked my employer to locate my IRP5 form for 2007 and they came back to me today saying they o...

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TaxTim telephone number

  Written by Evan   Posted 3 July 2015

I would like TaxTim to assist me with my tax return. How do I contact them telephonically for unclear issues I would like to know?

Minus sign means a refund?

  Written by Evan   Posted 3 July 2015

Hi, I have submitted my return on the 1st July 2015 through e-filing and received a notice of assessment, when should I expect a payment?
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