What is the difference whether I add in the medical amount not covered by my medical aid?

  Written by Evan   Posted 29 July 2015

Hi There, Please advise if it is at all beneficial to add in the medical amount not covered by the medical aid when completing my tax return? (ie - Dr's bills and medicines covered out of my own pocket). What is the difference whether I add this in or not?

Is taxtim part of SARS?

  Written by Evan   Posted 29 July 2015

Is taxtim deel van SARS?

How can I submit my IRP5 through the internet?

  Written by Evan   Posted 29 July 2015

How can I submit my irp5 form through the internet?

When is a company supposed to pay tax?

  Written by Evan   Posted 29 July 2015

When is my small (pty) ltd company supposed to pay tax? How much does a company have to make so it can start paying tax?

Must I file a tax return? I get only investment income and rent

  Written by Evan   Posted 29 July 2015

I earn R4000 from an investment and I receive R4600 rent for my house that I rent out. Must I file a tax return?

Temp assignment for 6 months was paid monthly between R600 & R7000 do I need IRP to submit to SARS?

  Written by Evan   Posted 29 July 2015

Please advise me if I have done a temp assignment for 6 months and was paid between R6000 and R7500 per month depending on the amount of days worked. Do I have to receive a IRP and submit to SARS?

Allowable deductions for Travel Allowance and medicine

  Written by Evan   Posted 29 July 2015

1) I receive a Travel Allowance for my vehicle, am I allowed to claim the costs incurred on services done? 2) I am on my parents medical aid. If I pay for pills etc not covered by my parents medical aid, can I claim these expenses?

Medical Expense claim

  Written by Marc   Posted 29 July 2015

Hi. I am currently filling out my return. Regarding medical expenses not covered by my medical aid - do I have to have the receipts for these in order to claim. In many instances for prescriptions I have had filled out I have the invoices but not the receipts. The payments do reflect on my credit card statement though. Is this adequate or must I have a receipt ?

Commision earning real-eastate agent

  Written by Evan   Posted 29 July 2015

What can I claim as an Real Estate Agent earning only commission ?

Apportioning claims on medical expenses between tax years

  Written by Evan   Posted 29 July 2015

Not sure if you can help me. I have a question re my personal tax return. I need to claim medical expenses covered that amounted to R19100-00, which my medical aid did not cover. This was paid in cash by me, but the problem is that this was paid in installments from 24-11-2012 up until 30-03-2015. Can I not declare the full amount on my tax return or do I have to calculate the amount only for 2014 tax year? And if I do this what happens to the amounts paid during 2012 and 2013?

Student bursaries taxable?

  Written by Evan   Posted 29 July 2015

During the previous tax year I received student bursaries. My understanding is that bursaries are exempt from tax? I previously used TaxTim's tool to file my taxes and would like to use it again. When filling out tax information using TaxTim's tool, when/where should I input info about the bursaries that I received?

Tax Return of 2012 and 2013 on my old Job to SARS?

  Written by Marc   Posted 29 July 2015

I worked 2012 and 2013 but I never claimed Tax Return,now am working as a leaner at another company and they don't tax me any money how will I get my 2012 and 2013 tax return money?

Funds due to me. Received no payment from SARS yet?

  Written by Marc   Posted 29 July 2015

I submitted my Income Tax 2015 on the 1st of July 2015. There is an amount due to me. Today is the 29th of July 2015 and still I have not received payment due to me. No audit or documentations required. Any suggestions?

Do I have to enter my IT3A certificates manually on my tax return?

  Written by Evan   Posted 29 July 2015

Hi, I transferred my entire provident fund into a retirement fund & a preservation fund. I received 2 IT3A certificates from the administrator indicating the amounts sent to the fund groups. These certificates do not come up automatically on my tax return, do I have to type them in manually or are these documents just indicating what has gone to the funds and I don't have to worry to put anything on my tax return?

One entry for 3698?

  Written by Marc   Posted 29 July 2015

For the section:

Please enter the amount for "Gross Non-retirement funding income" - source code 3698. It only gives space for one entry, I have two forms from two employers. Must I combine the amount or?

Thx

Request for surporting docs, but all I have in an IRP5

  Written by Evan   Posted 29 July 2015

Thanks for an awesome blog!!!!! Its the first time that I submitted for a tax return. I completed it a few days ago for the last 5 yrs. It showed that a refund is due for 2013 and 2014, but for 2014 they want supporting docs. Since I have no medical aid, travel allowance etc I submitted my IRP5's - is this all I need to submit and what are the chances of the refund amount changing etc?

My business ceased trading in June 2010, but my vat and. Paye accounts are still active

  Written by Marc   Posted 29 July 2015

My business ceases trading in June 2010, but vat and paye accounts are still active with sars

Directives - issues with SARS.

  Written by Marc   Posted 29 July 2015

I have already submitted but sars couldn't calculate because of directives did my employers not supply sars with directives by the time they retrench me. I need assistant please.

Do I need to de-register at SARS?

  Written by Marc   Posted 28 July 2015

Dear Tax Tim. I have not been employed since November 2014, do I need to de-register at SARS? Or can I simply submit a NIL return this year?

Should I pay tax?

  Written by Marc   Posted 28 July 2015

I am a self employed and on average make 240k per anum, prob less
How does it work with tax, should I pay, what bracket do I fall under?

How much tax for salary of R3000 per month?

  Written by Evan   Posted 28 July 2015

How much tax do I pay per month if my salary is R3000 per month?

No receipts for medical expenses, what happens now?

  Written by Marc   Posted 28 July 2015

I have been asked to submit supporting documents. I don't have the receipts for medical expenses just a tax invoice (as always) from my pharmacist for the total amount for the period, what happens now?

Return requested by accident and filed

  Written by Evan   Posted 28 July 2015

Recently I got a bit confused on the SARS eFiling website and accidently requested a tax return for 2005 and 2010. I get very nervous when submitting tax so having seen red text saying a tax return for 2005 and 2010 are incomplete (after I requested them) I completed the tax returns however there was nothing to submit as I was still in high school in 2005 and I was a student at university in 2010.

I did serve an internship in 2009 for 7 months for which I was paid R3200 a month, howe...

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Registered to e-filling but account is not being found

  Written by Evan   Posted 28 July 2015

I just received an email saying that I am not registered to SARS e-filling. I registered at the beginning of May and have the confirmation emails. Do you have any recommendations on how to go about this. Anything to avoid going to the SARS office! :(

Can I claim expenses on bond and transfer fees on investment property?

  Written by Evan   Posted 28 July 2015

My bond was registered for my investment property end April 2014. Please advise if I can claim under expenses incurred all of the bond and transfer fees amounting to R31,336. I called SARS contact centre and the lady advised that I am allowed to do so but from her tone of voice was not 100% certain. I have a reference number for the call whereby she agrees that I can claim as an expense. Please can you advise me as to what I should do?
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