Written by Marc
Posted 20 November 2013
Written by Marc
Posted 20 November 2013
Written by Marc
Posted 19 November 2013
Written by Marc
Posted 19 November 2013
Written by Marc
Posted 19 November 2013
Am I responsible for paying tax on spousal maintenance received while separated? I am a South African citizen, live in South Africa and receive monthly payments from my husband who is of foreign nationality, lives abroad and pays money into my bank account that is also located abroad. I do not work and he has a job, receives a salary and pays tax in his country (though think he deducts his payments to me from his tax returns). When we separated we agreed to an amount he would provide on a month...
Written by Marc
Posted 18 November 2013
Written by Marc
Posted 18 November 2013
Written by Marc
Posted 18 November 2013
Written by Marc
Posted 17 November 2013
Written by Marc
Posted 17 November 2013
Written by Marc
Posted 17 November 2013
Written by Marc
Posted 16 November 2013
Written by Marc
Posted 16 November 2013
Written by Marc
Posted 16 November 2013
Written by Marc
Posted 16 November 2013
Written by Marc
Posted 15 November 2013
How do I know whether I need to submit a tax return? I am registered but have never submitted a return. I find the sars website a little confusing as they state: 'You are liable to pay income tax if you earn more than R63 556 in the 2013 year of assessment, and are younger than 65 years of age. ' BUT also state: 'What is the threshold for the non-submission of ITR12 returns for individuals for the 2013 year of assessment?Although a taxpayer still has to register for income tax he/...
Written by Marc
Posted 15 November 2013
Written by Marc
Posted 15 November 2013
I have incurred medical expenditure for the tax year ?%u20AC%u201C I have bills that I paid out of my own pocket, which my Medical Aid did not cover adding up to R7122 and I have an Income Tax Certificate from my Medical Aid with the amount of R6686. Also there are amounts on my IRP5/IT3(a) Employee Tax Certificate next to the codes 4005 and 4474.
Questions:
1. Should my bills add up to the same amount that appears on my Medical Aid Certificate?
2. Do I leave code 4040 blank and ...
Written by Marc
Posted 15 November 2013
Written by Marc
Posted 15 November 2013
Written by Marc
Posted 14 November 2013
Written by Marc
Posted 12 November 2013
Written by Marc
Posted 12 November 2013
Written by Marc
Posted 11 November 2013
Written by Marc
Posted 8 November 2013
This is a great site, thank for all the effort you put in to helping others. My question is as follows:
I completed my 2013 return. I was then selected for random audit, and submitted the required documents. However my 2009 documents were submitted for my 2013 return (long story!). This resulted in me owing SARS R3,500. I requested a correction, which was done, and my corrected 2013 return reflects that SARS owes me a refund of R1,600. However, the erroneous R3,500 refund figure is still reflected on my statement of account. So SARS is requesting that I pay the remaining balance of R3,500-R1,600. ...