Written by Marc
Posted 14 July 2013
Written by Marc
Posted 13 July 2013
I recently filed by return via eFiling and was selected for an audit or verification process. So SARS requires supporting documents from me. My question is when submitting these documents, do I only submit those documents pertaining to aspects that impacted the assessment (detailed under "Notes" at the end of the ITA34) because that's what I am assuming or do I have to submit all documentation? Also how long after I have submitted these documents will I get a response from SARS, also my refund s...
Written by Marc
Posted 13 July 2013
Written by Marc
Posted 13 July 2013
Written by Marc
Posted 13 July 2013
Written by Marc
Posted 13 July 2013
Written by Marc
Posted 12 July 2013
Written by Marc
Posted 12 July 2013
Written by Marc
Posted 12 July 2013
My husband has an IRP5 from his employer and a income tax certificate from his medical aid. His work pays 50% of the medical aid and he pays 50%. But his 50% is deducted before he gets his wages. I am filling in a tax return for him and under Deductions on the IRP5 there are 3 amounts: codes 4003, 4005, 4474. I have filled that part in fine but the next page has Medical deductions from the taxpayer, there is a code 4040 to fill in, which I am not sure what to fill in. The amount on the medical a...
Written by Marc
Posted 12 July 2013
Hi Tim
Nice site btw!!!
I have submitted my second version of ITR12 documents (Version 1 I accidently clicked file instead of save ...yes stupid me ). I was told in a nice love letter "Requirement To Submit Supporting Documents". So I submitted the same day all my logbook pages (so much fun) and got a letter of completion yesterday
My question is: Are they done with my returns and when can I expect return.Does the version 2 of ITR12 auto trigger the "Requirement To Submit Supporting Documents" and do I have to wait 90 days? ...
Written by Marc
Posted 12 July 2013
Written by Marc
Posted 12 July 2013
Written by Marc
Posted 11 July 2013
Written by Marc
Posted 11 July 2013
Written by Marc
Posted 11 July 2013
Written by Marc
Posted 11 July 2013
Written by Marc
Posted 11 July 2013
Written by Marc
Posted 11 July 2013
Good day, I have a very straight forward tax return: I have an income, I receive a monthly reimbursement towards medical expenses (my husbands company pays for my medical aid) This is added to my monthly income and taxed. I pay PAYE and UIF and my RA is deducted from my salary. I have never owed SARS money until this year. I cannot understand why I would owe SARS money now? It's a very small amount that SARS say I owe them, however I am sure there is a problem and would like to get to the bottom...
Written by Marc
Posted 11 July 2013
I have submitted tax returns for 2011, 2012 and 2013 to get it all up to date. 2013 was not audited and they owed me R3600. 2011 and 2012 I was also owed money, but had to submit supporting documents as they had doubled the medical aid amount for sum reason. The Status says the documents have been received but take up to 5 days to be assessed. Today I received a Refund of R600 and they took R3 000 as an Admin Penalty Fee. A bit extreme as I had received a letter saying the penalty fee would only...
Written by Marc
Posted 11 July 2013
Written by Marc
Posted 11 July 2013
Written by Marc
Posted 10 July 2013
Written by Marc
Posted 10 July 2013
Written by Marc
Posted 10 July 2013
Written by Marc
Posted 10 July 2013
Hi Tim, I received an IRP5 for provident fund for Year of assessment 2013. I included the amount of R416 363 (source code 3920) in my "income received" column, on the IRP5 they included this amount in the "Gross Non-retirement Funding Income" (source code 3698) column. However when I include it in this column on my return I get a message that the calculations does not add up.
I eventually included in the "Gross Retirement Funding income" (source code 3697) column (which is not correct) and they calculated it. BUT NOW my inital calculation was tax refund of R 4800 but after the second calculation I'm down to R0!! ...