Letter of Completion when will I receive my refund?

  Written by Marc   Posted 23 July 2014

I submitted my Tax return and was then asked for supporting documents, which I have submitted, I then got a completion letter a week ago, Do you know how long it will take for me to receive my refund?

Verification of assessment?

  Written by Marc   Posted 23 July 2014

We received a letter from SARS to say we need to hand in supporting documents we did this the next day and I received a letter from SARS a week later that says verification of assessment and they said no adjustments have been made does this mean that everything is OK and that we will get the money paid out to us?

My tax refund, have not received it yet?

  Written by Marc   Posted 23 July 2014

I submitted my documents on monday 21-07-2014,but I haven't got my refund yet its 2days already

Working for a boss and using your salary to fund your own private company

  Written by Marc   Posted 23 July 2014

I am permanently employed at a company and receive a monthly salary, which I would like to use to fund my own business which is a registered pty ltd.

At present all my business expenses are coming off my personal account, but I would like to pay them from my business account, which means having to transfer of my salary into my business account.

What are the tax implications and what would you advise I do?

Whats the take home after deductions on a 50k monthly salary?

  Written by Marc   Posted 23 July 2014

What is the nett take home salary on a 50k per month CTC package?

WHAT ARE THE RETURNS ON COMMISSION EARNERS ONLY, NO BASIC. COMMISSION MONTLY: R45000

  Written by Marc   Posted 23 July 2014

how does commission taxes or whats are the returns. I earn commission only everymonth, no basic. Commission earned monthly is R45000.00. How much can I expect as a refund?

How long will I wait for my tax return

  Written by Marc   Posted 23 July 2014

How long will it take for my tax return to get into my bank account?

Outstanding IRP5, can I still claim?

  Written by Marc   Posted 22 July 2014

If one has not submitted IRP5 before, can one still claim outstanding amount?

Can I get tax return?

  Written by Marc   Posted 22 July 2014

can I get a tax return

eFiling: Relocated overseas, no South African bank account and not returning to South Africa

  Written by Marc   Posted 22 July 2014

I moved to Australia from South Africa in June 2014. I closed my bank accounts as I won't be returning to South Africa. I was studying full time during the 2014 financial year so my tax return is NIL.

My question is how do I fill in the bank account declaration section (on eFiling) since I no longer have a South African bank account? Do I update my details to "I don't have a local bank account" or do I keep my previous banking details on the form as I closed my bank account after the 2014 year end?...

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Claiming a tax benefit for private car use without a car allowance

  Written by Marc   Posted 22 July 2014

i use my private car daily for business - driving to and from client meetings. I do not receive a formal travel allowance or claim for petrol. Is there a way for me to claim depreciation or a tax benefit when I submit my tax return? if so where on the return do I do this

Travel allowance

  Written by Marc   Posted 22 July 2014

I have a travel allowance and I am submitting prior years (2012, 2013) and I am under the Threshold R250000. If I do not claim the travel allowance will they forgive the penalty for non submission?

tax rebate on foreign country insurance premium payment

  Written by Marc   Posted 22 July 2014

While residing in New Zealand, my wife and I (both South Africans), took out a life insurance policy each with AIA New Zealand. We have returned to SA and pay the policy premiums annually Paid through my bank, Nedbank, Foreign Exchange. This years premiums totalled r22 000. Premiums increase annually due to the exchange rate. I would like to know whether I can claim a rebate from ZARS when I submit my tax return to ZARS.?

How long does SARS take to process change of bank details and to refund the money?

  Written by Marc   Posted 22 July 2014

I was told that I have a refund from SARS but I was suppose to go and verify my bank details, so I went and changed my bank details because the previous account was inactive. I did that on Saturday, and if I check the status on eFiling it says bank details status processing. How long does the processing take and when can I get my refund because I was told that it only takes 48 hours?

Submission of two IRP5's?

  Written by Marc   Posted 21 July 2014

I work for the department of education and get my salary from them but my school gives me a small bonus at the end of the year. I've already received my IRP5 from the school for the small bonus but not from the department. Could I submit a return for the bonus and then when I receive my IRP5 from the department submit again or should I wait and submit both at the same time?

I need advice on declaring tax deducted on dividends for shares I hold?

  Written by Marc   Posted 21 July 2014

How and where is Tax on dividends declared on eFiling?

polmed Tax certificate submission without receipts for claim?

  Written by Marc   Posted 21 July 2014

I received my Polmed Tax Certificate for 2014 where it reflects R13 000 due to me as I paid as medical aid don't cover this cost. Can I submit the Polmed Tax cerificate without sending any proof of receipts for my claim. I do have receipts at my deposal if required by Sars

Medical claim/disability child?

  Written by Marc   Posted 21 July 2014

I am a police officer earning app R19000 pm, I am on polmed medical aid and I paid R13000,00 out off my pocket when I went for an operation as this was above medical aid rates. I have the payment receipt. Can I claim my money through SARS. What portion will I get back if I am allowed to claim. I also have a daughter who is on chronic meds for last 11 years(epilepsy). Does she fall under the disability act with SARS, and if I register her as as "disability" child , would this have any positive im...

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RA contributions?

  Written by Marc   Posted 21 July 2014

I made contributions to RA's totaling R36 237. My saved eFiling report reflects this amount but the calculated summary reflects an amount of R23 182. Why is this?

Unclear with IT3A tax certificate?

  Written by Marc   Posted 21 July 2014

I received an IT3A form, what does this mean?

Tax relief for special need kids school fees?

  Written by Marc   Posted 21 July 2014

My son goes to a special need school, I would like to know if there is a tax relief for this?

When to submit my car kilometers log sheet?

  Written by Marc   Posted 21 July 2014

When can I bring kilometers log sheet for my car when claiming travel?

What is my tax refund this year?

  Written by Marc   Posted 21 July 2014

What is my refund for this year?

Income Tax Calculation?

  Written by Marc   Posted 21 July 2014

Please help?Tax Income only worked for 7months R49 000Tax @ 18% R8820Less: Primary Rebate (R12 040)Tax due = R0 Less: Employees Tax (R2100) REFUND from SARS (R2100)Is this correct?

Please define dependancy wrt to medical aid tax deductions,

  Written by Marc   Posted 21 July 2014

My daughter has recently graduated but is still unemployed, living at home and is therefore still dependent on us for her living expenses. She is registered as a taxpayer on account of small income from a family trust?
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