Written by Marc
Posted 15 October 2014
Written by Marc
Posted 15 October 2014
Hello Tim,I came across this and would like some advice on whether or not it means I shouldn't claim rental expenses for the space I use for office purposes in my home. I'm still paying the bond towards the property and use one of the rooms as an office. (beware, if you own your home, do not write off a portion of your interest on your bond or rates, as you will lose your primary residence capital gains exemption of R2-million! When you sell your property one day, this would equate to ...
Written by Marc
Posted 13 October 2014
Written by Marc
Posted 13 October 2014
Written by Marc
Posted 9 October 2014
Written by Marc
Posted 9 October 2014
Hi There,
I just filled by 2014 tax returned through eFiling and got an email from SARS stating I have a notification that needs by attention. This was regarding my 2012 tax return and it still needed to be submitted. I submitted it soon as possible. I received three emails from SARS, the first one stating that statement of account as been issued, ITSA for the period of 2012 - 2014 and the other two emails stating I have a ITA34 notice for 2014 and 2012. I opened these notifications and the only thing stated was the period and - amount...
Written by Marc
Posted 8 October 2014
Written by Marc
Posted 7 October 2014
Written by Marc
Posted 7 October 2014
Written by Marc
Posted 3 October 2014
Written by Marc
Posted 2 October 2014
Written by Marc
Posted 1 October 2014
Hi Tim. I worked for 2 months in the 2014 YOA. I then left work upon the birth of my child. I am the principal member of our family's medical aid (myself, husband and child) and the contributions are paid from my bank account. Since I left work, my husband transfers money into my bank account for the payment of the medical aid. Do I claim this on my tax return even though I am not employed? Should my husband claim it even if the policy is not in his name? I did have income this year so if I clai...
Written by Marc
Posted 30 September 2014
Written by Marc
Posted 29 September 2014
Written by Marc
Posted 28 September 2014
Written by Marc
Posted 28 September 2014
Written by Marc
Posted 26 September 2014
Written by Marc
Posted 25 September 2014
Written by Marc
Posted 23 September 2014
Written by Marc
Posted 23 September 2014
Written by Marc
Posted 23 September 2014
Written by Marc
Posted 22 September 2014
Good day
Thank for a great site.
I am a public servant and belong to a medical aid. Me and my work contribute to my medical aid on which my wife and children is dependents. My tax certificate from my medical aid is in my name and shows an amount paid out of pocked not paid by medical aid. May my wife claim this amount on her tax return? She earns less than me and will most probably fall over the 7.5%, which means that she will get some of our expenses back?
Most of the...
Written by Marc
Posted 20 September 2014
Written by Marc
Posted 18 September 2014
Written by Marc
Posted 18 September 2014