Enter 3 times the wrong password

  Written by Evan   Posted 23 July 2015

I'm locked out of SARS eFiling. What must I do to log in again?

Can I change to income tax payer from provisional

  Written by Evan   Posted 23 July 2015

If I selected I'm a provisional tax payer in error, while registering for SARS eFiling, can this be corrected - as I now realise that I'm just an individual income tax payer.

How do you know SARS is done with Verification?

  Written by Evan   Posted 22 July 2015

Hi Tim

I have submitted 3 tax returns this tax season for assessment (2010, 2011 and 2015). SARS had selected me for verification for the 2010 and 2011 assessment years and I have consequently submitted the required documents for review via SARS eFiling.

SARS has issued correspondence for the 2010 assessment year saying "We refer to the verification of your assessment for the 2010 tax period. Please note that no adjustment has been made to this assessment". They also issued an additional assessment (ITA34) for the 2011 assessment year and the initial amount due to me has not changed. ...

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What Tax is payable on Salary of R 167080 + R 44594 earned from living annuity?

  Written by Evan   Posted 22 July 2015

If I earn a salary bonus of R 167080 per year I earn R 44594 per year from a living annuity, how much tax should I have paid?

Gap cover included in my IRP5 code 4005

  Written by Evan   Posted 22 July 2015

Gap Cover on IRP5:
Hi Tim, I am trying to submit my IRP5 but my employer added my Medical Gap Cover to my Source Code 4005. According to my IRP5 under code 4005: R33672, but according to my statement from my medical aid it is R26606. Must I leave it as is? They contribute only a portion and my amounts under 3810 & 4474 are R26172. What must I do?

What is payment due for to TaxTim?

  Written by Evan   Posted 22 July 2015

I don't understand about the payment due.

Tax at retrenchment

  Written by Evan   Posted 22 July 2015

I'm being retrenched and will be receiving a lump sum from my Provident fund and my pension fund. How do I get taxed on that? My monthly income is R25 000.00 gross.

How to declare additional income for part-time contract work and pay tax on that

  Written by Evan   Posted 22 July 2015

I am employed by the Department of Education (admin) and I get an additional amount from the School Governing Body for extra work done after hours and weekends. I pay 25% PAYE on this extra income.

However, I'm also doing debtors for a company on an online system as an independent contractor (20 hours per month) for which they do not deduct PAYE. I work at home and with no supervision. I have not registered this as any sort of business.

How much tax do I need to pay and h...

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Status field says "Correction filed"

  Written by Evan   Posted 22 July 2015

IT12 was submitted to SARS 14th July via SARS eFiling, and was immediately selected for verification or audit, so the documents were uploaded & submitted via SARS eFiling the same day. However when checking it is still reflecting status as "correction filed" and no documents for review have been received. Why is this?

Tax on a life partnership permit

  Written by Evan   Posted 22 July 2015

How do I register for Tax whilst on a Life Partnership permit with permission to work? I am from the UK originally, and don't have a SA passport, or ID.

Parental support income

  Written by Evan   Posted 22 July 2015

My father supports me financially by giving me a portion of his salary every month in exchange for me providing care for my elderly relative. Do I need to register or pay anything to SARS for this? The amount is below the annual income requirements and my father pays his own tax on his salary.

Can I delink from previous tax practitioner?

  Written by Evan   Posted 22 July 2015

I attempted to register for SARS eFiling but ran into the problem that I was linked to a tax practitioner who previously lodged my tax return but whose services I could no longer afford. I was unable to delink myself from the tax practitioner concerned. Can you help if I register with you?

SARS wants IRP5 from 2009, I don't have it.

  Written by Evan   Posted 22 July 2015

Hi, after filing my tax return for 2015 SARS said I need to submit IRP5 for 2009. Last year it wasn't a problem as they paid out, but this year it is. I contacted my employer of that time and they don't have these records anymore. What do I do now? There is no way to get it.

How can I apply for a rebate

  Written by Evan   Posted 21 July 2015

How long do I have to apply for a rebate?

Refund after completion letter

  Written by Evan   Posted 21 July 2015

Hi. I submitted my tax return on the 2nd July and was told to submit supporting documents, which I uploaded the same day. On 14 July I received a completion letter stating:

"We refer to the verification of your assessment for the 2015 tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required. Should you have any queries please call the SARS Contact Centre on 0800 00 SARS (7277). Remember to have your ID number or income tax number at hand when you call to enable us to assist you promptly. "...

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Taxation on foreign bank account

  Written by Evan   Posted 21 July 2015

I would like to know what are the tax implications on exchange gains/losses on a foreign bank account. I know the interest is taxable but is the gains/losses on the capital from forex taxable?

Car allowance for full year if I worked 6 months

  Written by Evan   Posted 21 July 2015

I worked for 6 months and got a car allowance. I moved jobs and didn't get allowance. must I complete logbook for full year? What can I claim? I had a big service when at the new job and nobody paying for it.

Resubmit IRP 5s from previous tax season (2014),

  Written by Evan   Posted 21 July 2015

Is it possible to resubmit IRP 5s from previous tax season (2014), as there was a mistake from my employer side, when I did submission in 2014

Tax on extra income from a hobby

  Written by Evan   Posted 21 July 2015

I have a full time job where I earn a taxable income and do my tax returns as usual. I also have a photography hobby that provides a minor extra income on a very irregular basis from a few private shoots I do. I would like to know whether or not I have to declare this and pay tax on this extra income if it is only a hobby and not a full time business?

Filing historic return with missing IRP5

  Written by Evan   Posted 21 July 2015

My wife has submitted her tax return for 2015 and a refund is due to her. SARS is requesting that she file tax returns for 2007 and 2008 before the refund is processed. She changed employment during 2007. The company she worked for is unable to supply her with an IRP5 as it is over 5 years old. What does she do it this case?

Two different banking details

  Written by Evan   Posted 21 July 2015

When I submitted my IRP5 the consultant told me they have two banking details which is ABSA and Capitec, so my question is can they delay the payout due to two different bank account?

Is there any refund that I will get this year?

  Written by Evan   Posted 21 July 2015

Good day Mr Tax Tim is there any refund for me?

Does medical aid reduce your tax refund?

  Written by Evan   Posted 21 July 2015

Since medical aid now reduces the monthly taxable amount on your salary, does this mean it will not increase your refund amount when you submit tax returns?

I need my deceased fathers tax number

  Written by Evan   Posted 21 July 2015

How do I go about finding out what my father's tax number is? He is deceased and the executor is my grandfather and he is too old to travel as he lives in another province. I am his only living child. Is there another. Way of finding out the tax number without having the executor present as Sanlam needs it?

I owe SARS but can only afford to pay R200 a month. Will they accept it?

  Written by Evan   Posted 21 July 2015

Good day Tim Tax. I went to SARS with my IRP5. After they checked it and calculated it they say I must pay in R1955.22, but I can only afford R200 a month. Will SARS accept it?
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