Assessed - Refund on taxpayer account

  Written by Evan   Posted 10 July 2015

A refund after tax assessed calculation/ - What is the waiting period before paid into your Bank Account?

My IRP5 seems to exclude some of my deductions - how will this affect my tax return?

  Written by Evan   Posted 10 July 2015

Deductions for my medical and pension fund reflect on my monthly pay slip but not on my IRP5 - will this affect my tax return as these were not included?

Being an intern earning R5000 monthly. Do I need to pay tax?

  Written by Evan   Posted 10 July 2015

I am an intern and I earn R5000 per month. Do I need to pay tax? I also once registered under SARS when I was a student tutor in 2012 when I was also a student. But I didn't continue with paying tax? Should I pay tax?

Travel allowance section

  Written by Evan   Posted 10 July 2015

I get reimbursed for travel allowance and it is put under code 3702. I have 2 questions:

1: On the first page of the tax return should I tick "Yes" for claiming against a travel allowance?
2: My log book and the amount under 3702 don't match since the travel for the second half of Feb 2015 is actually only paid to me in March 2015.

Paye deduction calculations and rules

  Written by Evan   Posted 10 July 2015

We only currently registered for PAYE, I want to know how we will go about calculating employees tax if our minimum salary is R2400 and maximum R7000. Which will leave us with a minimum yearly wage of R28800 and maximum R84000. Will we deduct employees tax from our employers or not and what do we do with SARS regarding this issue.

I need a tax number, I never had one before

  Written by Evan   Posted 10 July 2015

At work I'm asked to bring my tax number but I never had one, so what must I do to get a tax number?

Severance Pay Tax

  Written by Evan   Posted 10 July 2015

Last year I was retrenched, took the package, and was told that the severance piece was tax free, as it was way below the R500k, just under R40k, got a directive.

Now looking to do my tax return, the amount shows under income (source code: 3901) adding it to my income, however as I was not taxed on it when it was paid, it appears to SARS that I didn't pay the tax then. So now it looks like SARS is asking me for the tax on that amount, as my prelim calculations is saying I must pay in close on R4000?...

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What must I do: Reminder to respond to tax type move request

  Written by Evan   Posted 10 July 2015

Hi Tim
I received sms message which reads: Reminder to respond to tax type move request with reference xxxxxxxx. Failure to respond within 2 days will result in an automated resolution.

Calculations of refund after submitting correction

  Written by Evan   Posted 9 July 2015

I completed my SARS tax return. My IT34 said I was being paid an amount back. I then realised I had made a R40 error on my tax return for my laptop depreciation. So I amended on my tax return and re-submitted. My calculation then said I was receiving about R4 less than before. Once submitted I received an IT34 stating I had to pay SARS R4. Which is the correct IT34 now? I can't possibly lose all the money I was getting back for changing an amount by R40? I was also requested to submit the laptop...

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How can I change my banking details on my tax return

  Written by Evan   Posted 9 July 2015

How can I change my banking details on my tax return?

Is there penalties for late submission of IRP5?

  Written by Evan   Posted 8 July 2015

If I submit late IRP5 for 2013 and 2014 now do I get a penalties?

Login name and security questions

  Written by Evan   Posted 8 July 2015

I cant find my login name for SARS eFilling.

Can you help me get my old IRP5?

  Written by Evan   Posted 8 July 2015

I am looking for my IRP5 and I do not work there any more.

What message to look for when done with audit

  Written by Evan   Posted 8 July 2015

Hi how does it work if I get a message that says IT34 and that I have been selected for a audit? I know that they're going to audit me. But what will the message say when they are done?

Do I have to pay provisional tax for my company and myself?

  Written by Evan   Posted 8 July 2015

I have paid provisional tax for my small business and taken the profits after tax for personal use. Will I have to pay provisional tax as an individual for that income?

Why can't I get R21,000 initially?

  Written by Evan   Posted 8 July 2015

Hi Tim, thanks for a wonderfully informative site.
On SARS eFilings my tax returns were different from that of what I have on my IRP5 mailed to me by my work, so I corrected it. Which came back as me owing R16000 to SARS so I disputed and loaded the original on, now it shows I'm entitled to a refund after R21000-16000.

I submitted documents as requested and I'm also for audit. My question is will they pick up that I made an error initially and not refund me for the entire amount...

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Claim back my returns

  Written by Evan   Posted 8 July 2015

Where do I start to claim for my PAYE?

Negative assessment notice amount?

  Written by Evan   Posted 8 July 2015

Hi TaxTim,

I have just submitted my first tax return and the assessment notice is a red negative amount of rands. What does this mean? Does this mean I need to pay SARS that amount? If so, how long do I have to pay them?

Should documents be uploaded to review or audit options

  Written by Evan   Posted 8 July 2015

I have been selected for Audit/Verification and need to upload documents. There are to options to upload docs on my dashboard - one says documents to review the other documents for Audit. Do I upload documents to both or just the review option.

Is the fee paid to TaxTim not tax deductable?

  Written by Evan   Posted 8 July 2015

Is the fee paid to TimTax not tax deductible?

Unsure about source codes 3697 and 3698

  Written by Evan   Posted 8 July 2015

If I have the below amounts on my IRP 5:

75,000. 00 - 3601
90,610. 00 - 3616

Would it fall under the following codes on my IRP 5 if the company does not deduct any retirement benefits bearing in mind that I was first a contractor from Mar - Aug.

75,000. 00 - 3697
90,610. 00 - 3698

Does these codes get taxed differently?

Confused by 4005 codes different on IRP5 and IT3(b)

  Written by Evan   Posted 8 July 2015

Hi,

The 4005 code on the IRP5 is different from the IT3(b) from the medical aid. Should I have any amount in 4040?

4005 = R 61,550 , but the IT3(b) shows R 58,802
3810 = R 20,506
4474 = R 20,506
4020 = R 7,486

Printing error for manual submission

  Written by Evan   Posted 8 July 2015

Hi, I am using Chrome and am unable to print out the Manual IT 12. The format is wrong and it is cutting of the edges.

I don't have my own bank account details

  Written by Evan   Posted 8 July 2015

Hi,

Please can you perhaps give me some advice? I am busy doing my tax return now and only thinks of it now... I don't have a bank account anymore and my salary etc is getting paid into my Dad's account. What must I do and how must I make to claim it now?

My ID and passport got stolen and I first need to get them before I can open my own account again. Is there any way that SARS can pay the money into the account my salary gets paid to?

Please if you can give me ...

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Claim for home expenses

  Written by Evan   Posted 8 July 2015

If I use your service, will my fee paid to you be deducted to the return and is there a guarantee I will get paid back for the home expenses? I do have a receipt for my laptop and printer, including measurements of the office space which is separate from the house (attached to the garage). I pay a bond for the house, rates and services. I am not sure how to calculate other things like my garden and the helper fees.
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