How do I access the page listing documents I need to complete my return?

  Written by Marc   Posted 29 October 2012

I am busy answering the questions on TaxTim but need to go back to the page containing the source documents e.g IRP5, IT3b etc. How do I do this?

Do I need to register for tax as I am a temp and I don't see any tax deductions on my pay slip

  Written by Marc   Posted 29 October 2012

I am not sure if I am earning under the bracket for tax deductions.

I did submit my returns now I get a letter saying I owe 66 cents tell how I must make the payment?

  Written by Marc   Posted 24 October 2012

I submitted my returns and received a letter saying I 66 cents, how do I make payment?

Unable to register on eFiling

  Written by Marc   Posted 24 October 2012

Hi there. I followed the steps on TaxTim regarding filling in my info and even redeemed my coupon. I clicked on the Efiling page and tried to register but is showed an error message saying it was unable to verify my information and I should call the contact centre. I proceeded to call the contact centre and they had all my details on the system , the same ones I have but for some reason the system will not allow me to register. Please help. The consultant suggested I pop into a branch.

How do I submit income tax? How do I calculate income tax?

  Written by Marc   Posted 16 October 2012

Hi

I need to submit my income tax for 2012 and how do I calculation my tax and complete the income tax form?
My monthly salary package is R13000 with pension fund incl. (I paid -R890 and company paid -R1210 show on payslip)

Travel allowance (R1000 per month)

So it's R13000 (incl. pension fund) Travel allowance R1000 = R14000 Gross income
And I also paid medical aid by myself ( -R960 for myself , -R1100 for my father and -R1100 for my mother) from my own pocket....

Read more →

How does the tax on medical aid contributions appear on my IRP5?

  Written by Marc   Posted 14 October 2012

I am a pensioner and the company I worked for pays my medical aid contributions in full. When I call up my file on efiling, the prepopulated fields are (3810) and (4005) with a "1" and field (4474) with the full amount of the contributions paid by the company. Is this correct? I do not receive a pension from the company.

selected for audit

  Written by Marc   Posted 14 October 2012

I was asked to submit my supporting documentation - which was for medical aid only and was selected for audit. I called SARS to find out what was happening as I had a refund due but all they could say was that the type of Audit I was selected for can take between 3 and 12 months. My tax return is not complicated but I do pay for the family's medical aid.

Thank you

How do I claim for the purchase price of 3 flats that I rent out?

  Written by Marc   Posted 14 October 2012

I have finished my claim, I noticed a place on the form to enter the interest I paid to the bank for the finance. Is there no way to claim for the actual money I paid for the flat each month compared to what I earned each month in rent?

What do the sms' from SARS mean, once I have submitted my returns?

  Written by Marc   Posted 11 October 2012

I have submitted IRP5 forms from 2009 and have received four SMS's stating the following 1st SMS "thank you for filing your 2009 tax return result -R534 acc balance -R985." 2nd sms for 2010 return results "-R300 account balance -R451." 3rd sms for 2011 assessment result "-R151 acccount balance -R151." The 4th sms for 2012 assessment result "R0 account balance R0." Please explain what do these sms's mean and what does it mean on the sms when it says, "audit:no?"

Sole Proprietor, Importing and Tax?

  Written by Marc   Posted 10 October 2012

Hi Tim

Hope you can help me as I'm having a hard time finding the correct information.
I would like to start importing small quantities of goods, for resale, into South Africa as a Sole Proprietor. Now as far as I can tell I will need to complete the following forms at SARS to get an Importers Code: DA185 and DA 185.4A1.

Now the thing is I don't have a tax number etc because I've just finished my studies and I'm just starting out as a Sole Trader, and from the looks of it the DA185 form requires that information....

Read more →

We are elderly people - not familiar with new things - can you help?

  Written by Marc   Posted 4 October 2012

I am too old to learn new things - I had a bookeeper lady - she has become too expensive. She does not show us what to do, just did it for us. We need to get help in a simple old fashioned manner = that is what we are looking for. I am a provisional taxpayer - a little closer to 70 years old - so don't hit me with hi tech answers. I do not understand the tax jargon.

CC company when do I submit taxes? Not registered for VAT, only income tax.

  Written by Marc   Posted 2 October 2012

Trading two months now, can't seem to register on efiling.

I do not understand why TaxTim is different to manually completing an ITR12?

  Written by Marc   Posted 1 October 2012

Where do I update my personal particulars and where on TaxTim do I enter details of my IT 3(a)'s and bank interest?

What does an sms from SARS with two minus figures mean?

  Written by Marc   Posted 28 September 2012

Hi I've received an sms from SARS with two amounts with a minus sign in front of it, what does that mean? Do I owe SARS that money?

How do I treat a medical aid tax credit with regard to employer paying whole med aid which is includ

  Written by Marc   Posted 25 September 2012

I am an employee that has my employer paying my med aid in full, but it is included in my overall package. So technically i still pay for it. How do the calculations work out. The contribution is R 1356 pm. Before we were working out what was paid, minus the capped amount and allocating the diff. I have to do the interim recons for Sars and have no idea how the tax credit system will affect me. I am the only one in the company that is structured like this. Please help...

I am 64 years old, what is the taxable threshhold for a tax year?

  Written by Marc   Posted 25 September 2012

How much money can I earn in a year before I will be taxed by SARS?

How can SARS reverse my tax refund for 2006?

  Written by Marc   Posted 25 September 2012

Please could you assist, SARS has now done a re-assessment on my TAX year for 2006, I initially got a refund from them now they have taken it off. I can not go back and get my IRP5 forms as I was working on a project with the company. I was initially using my sister in law to handle my tax but she has made a big mess up. I would like to know how can they re-asses my TAX and tell me I was wrongfully given a refund. With that been said they have no reduced my refund for 2012 from R11K to less than...

Read more →

Remuneration R31452.00 included in assessment

  Written by Marc   Posted 25 September 2012

Adjustments were made in the calculation of taxable income

Can I claim back contributions from past returns already filed?

  Written by Marc   Posted 25 September 2012

I just realised that I haven't claimed any money back on my disability cover contribution and RA contributions dating back to 2008.
Can I still claim money back for the years I've missed?

How should I structure my travel allowance?

  Written by Marc   Posted 25 September 2012

I have regesterd a small business and are drawing a salary as an employee. I travel a lot for the business. Should I ad a travel Allowence to my salary or have the business deduct it from it's tax and if I could ad a travel allowance what is the maximum and what can be payed from this allowance, eg petrol, maintenance and car payments.

Should I produce a log book at the end of the tax season or every month.

Which way is the most cost effective

I claim medical aid but medical aid not in my name, am I allowed to do this?

  Written by Marc   Posted 17 September 2012

I pay the monthly medical aid fee but the medical aid is in my spouse's name. I want to claim this as he does not pay tax, is this allowed?

Im having problems with claimig my km im a Rep and travelled about 60 000km

  Written by Marc   Posted 17 September 2012

I seem to be having a problem with claiming mu Km this year as last year I only travelled about 30 000km and apposed to this year I travelled 60 000 and the amount that I seem to be able to get back is less than half of last year?

What attachment do I need when submitting to eFiling?

  Written by Marc   Posted 17 September 2012

Do we need to attach something when we do eFiling on line lile irp5 and medical tax certificate?

How do I know whether I am getting money back or paying?

  Written by Marc   Posted 17 September 2012

I submitted my tax form and on my notice of assessment it shows "Net amount refundable under this assessment after allowable credits" as R-0.03 however when I request a statement of account it shows a refund amount of R-3111.86. I am very confused - am I getting R3111.86 or 3 cents?

How do people get so much money back from SARS for ex: R 4000?

  Written by Marc   Posted 17 September 2012

We work for the same company and earn the same salary. He get R 4000 back from SARS and i get R 0????

Do my bond, life insurance, car payments etc have an effect on this?
Older posts →← Newer posts    96  97  98  99  100  101  102  103  104  105  106  107  108