Do I need to submit tax return for rental income (only income apart from maintenance) of R80 000?

  Written by Marc   Posted 10 August 2014

I am divorced, not employed and receive monthly maintenance - which is tax free as far as I know? Only other income from rental (annual total for 2014: R80 000). Do I need to submit a tax return?

Unemployed, still claim for medical aid and RA ?

  Written by Marc   Posted 9 August 2014

Hi TimI have been unemployed this year so have had no income, but have still paid monthly for my medical aid (me and my daughter) and for my RA. Would I be able to claim any tax rebate/refund for the medical aid or RA ?? Thanks Canz

Donations between spouses for tax purposes?

  Written by Marc   Posted 9 August 2014

Are donations to spouses taxable as income in the hands of the receiving spouse but deductible for the donating spouse?

Where is my tax refund from SARS?

  Written by Marc   Posted 9 August 2014

I submitted my tax return by eFiling on the 25th.7.2014 was then asked to submit supporting documents, which I forwarded on the 28th, and I'd have to wait 5 days for a response. after 7 days, I called into the call centre again. I was informed the submitting documents have been received but not captured yet. I was also informed that the documents are going for auditing and this could take 30 days.

Do you get a tax return if I received IRP5/IT3A?

  Written by Marc   Posted 8 August 2014

If I have received employee income tax certificate IRP5/IT3A stating the tax I paid on the first withdrawal, do I claim this tax back in my tax return?

Claim from SARS (tax rebate) for prescription spectacles. not on medical aid?

  Written by Marc   Posted 7 August 2014

Got prescription spectacles from Spec savers. Not on medical aid. Have the account plus receipts. Can I claim on my tax return?

Medical contribution for pensioner

  Written by Marc   Posted 7 August 2014

My siblings and I transfer funds to my mum's bank account monthly to contribute to a Discovery executive medical aid plan which is more than R4000/month; she is the main member. My mum gets a state pension fund which she lives on. She obviously will not submit a tax return. Now, can I claim the portion that I transfer to her account on my tax return. I have a EFT going out monthly from my account.

She is not fully dependent on me but obviously cannot afford a medical aid with a state ...

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Your assessment has been concluded? What does my ITA34 mean?

  Written by Marc   Posted 7 August 2014

Dear j______

Thank you for submitting your income tax return for the 2014 year of assessment. Your assessment has been concluded and reflects an amount refundable to you of R -8275.65

Does this mean I am owed money?

PAYE as SITE on IRP5

  Written by Marc   Posted 6 August 2014

PAYE is deducted from my salary, on a monthly basis. On my IRP5/Tax return my employer has submitted the total PAYE for the period as SITE. Is this correct?

Can improvement be expensed if they are done specifically for an increased rental?

  Written by Marc   Posted 6 August 2014

I own an investment property. The rental agent has advised me that in I can increase my monthly rental markedly by doing various improvements. Can this be construed then as expenses in the production of income, or must the improvements be capitalized? Ideally I would want to expense at least a portion of the improvements.

How to calculate vehicle depreciation and home office space for tax deductions?

  Written by Marc   Posted 6 August 2014

how to calculate vehicle depreciation and home office space

Received a Reduced Assessment due to provident fund discrepancy

  Written by Marc   Posted 6 August 2014

Help, I just received a REDUCED ASSESSMENT ITA34 from SARS. I submitted my tax return but at that time for tax period 2013/2014 I hadn't received a small portion I cashed from my company provident fund to settle study debt when I left me previous company on the 28th Feb 2014.

My original assessment indicated I was due -R9,460.29, the latest assessment indicates that I'm only due -R0.19. Reason for the Reduced Assessment is "Income no declared".

The Provident Fun withdrawal amount was R137,769, I withdrew R32,152.29...

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I want to know my tax refund?

  Written by Marc   Posted 6 August 2014

I want to know my tax refund

As a salaried employee can I claim my cellphone expenditure as I only get a R500 allowance?

  Written by Marc   Posted 6 August 2014

As a salaried employee can I claim my cellphone expenditure as I only get a R500 allowance?

Is there any refund due to me for 2012 and 2014?

  Written by Marc   Posted 5 August 2014

On 2012 I did my eFiling and my return was R-1478.05 this year 2014 I received Notice issued on SARS for ITA34 for 2012/1
Thank you for submitting your income tax return for the 2012 year of assessment.Your assessment has been concluded and reflects an amount refundable to you of R-1478.05
please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any othre balances on your account.The current balance on your ...

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SARS delayed claim on penalties?

  Written by Marc   Posted 5 August 2014

Yesterday 04 August 2014, SARS informed me, for the First Time, that there is a reoccurring penalty against me from 2007 - 2008. I resigned from my job as we were moving, so I only worked 2 months for that tax year earning only R9000.00 in total for the year.
I started to work again in 2011 and did my TAX returns, at that point SARS told me there where no outstanding penalties.
I have no proof of anything as legally I must keep papers for 5 years, thereafter I dispose of them.

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What does "SARS has issued correspondence which requires your attention" mean?

  Written by Marc   Posted 4 August 2014

I've received an email from SARS stating "SARS has issued correspondence for xxxxx which requires your attention, to view either navigate to the respective work page or the SARS correspondence menu". When I go to the correspondence menu it tells me "there are no records available for your selection". So what does this email mean if there's nothing there? I've submitted my return and received a refund 2 days later.
Many thanks
Carol

How much tax must I pay SARS?

  Written by Marc   Posted 4 August 2014

Please do a taxable income calculation and advise how I can limit my tax payable.

Is inheritance taxable?

  Written by Marc   Posted 4 August 2014

How do I claim returns on my inheritance?

What are out of pocket medical expenses?

  Written by Marc   Posted 4 August 2014

How does medical expenses paid in cash effect my potential tax refund?

Owning a second property with no real rental income and the implications on tax

  Written by Marc   Posted 4 August 2014

I own a second property which is an apartment in a small block of flats. My in-laws are the tenants so I don't charge rent. However, they do pay the monthly levies for the apartment.
Since I don't charge rent, would the monthly levies that they pay be seen as an income to me from the apartment? (As the owner of the property, I would normally have to pay this). Expenses that I incur on the property are rates & taxes, bond interest and insurance. These expenses exceed the monthly levies....

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Can a SARS refund be audited after your audit have been completed?

  Written by Marc   Posted 4 August 2014

Good morning
Have received a completion letter, have refund due to me. Now they say I cannot receive my payment because my refund is being audited. How can I overcome this and receive my payment?

What documents are needed for submission of my ITR12 Tax Return?

  Written by Marc   Posted 3 August 2014

What is IT3b? And what other documents are needed from me so that I can submit my returns?

Will SARS refund me if I have outstanding claims?

  Written by Marc   Posted 2 August 2014

Will SARS refund me if I have outstanding claims to submit?

Medical deduction - who can claim?

  Written by Marc   Posted 1 August 2014

I am paying for a medical aid that I am not on, it is for my wife and 3 kids the medical aid is on her name but the payments are deducted from my bank account. Can I claim for this on my tax return? if the answer is yes what proof do I give sars because the medical aid certificate is on her name
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