Pension fund on my ITR12?

  Written by Marc   Posted 10 July 2014

Why will the amount deducted from my salary for pension fund, differ from the amount shown on my eFiling tax calc?

Do I calculate tax after deducting employees UIF, provident funds, allowances?

  Written by Marc   Posted 10 July 2014

Do I calculate tax after I have debited UIF, Pension Fund and transport allowance or I calculate it before anything is debited?

IRP5 sent and received but still not asssessed, am I being audited?

  Written by Marc   Posted 10 July 2014

Hi Tim

I did my tax on the 03/07/2014 on eFiling, I submitted all forms needed for the IRP5. This is my first year doing taxes, what I don't understand is that they asked me for more documentation on Monday requesting my Medical Tax certificate, Claims history and my original IRP5 from my company. Am I being audited? Or do they just need supporting documents for the information from my IRP5 form? The only problem is that when I go on my eFiling, the messages keeps saying.... It has be...

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Retirement & Provident Withdrawal Tax Refund

  Written by Marc   Posted 10 July 2014

Good day, on the 25 January 2014 I changed employment and had a withdrawal from my previous employees Retirement and Provident funds of approximately R57200.00 each and I only got approx R42000 deposited in my bank on each. I was taxed on both payouts but does not seem like I am getting a refund on them. On my ITR12 I can see the one payout from Liberty (R57200.00 on source code 3920) but not the other and my issue is that my total rebate is only R 74.00. I really dont think this seems right?

50% medical aid subs paid by company

  Written by Marc   Posted 10 July 2014

If the company deducts 50% of my medical aid premium from my salary and they pay they other 50%- however they reflect this as perks tax on my salary slip- should I reflect this on my ITR12 or should I only reflect the 50% which is deducted monthly and also is reflected on my IRP5/ITR12

Can I claim tax against amounts spent on my building of my home?

  Written by Marc   Posted 10 July 2014

I would like to know if a person can claim tax against the amount they spend on building a house?

Not registered for tax, but wants to submit returns?

  Written by Marc   Posted 10 July 2014

My husband worked for different small businesses(at home mechanical/panel shops) for 5 years now and received weekly wages per month in cash, which is currently R950 per week and started off on R450 . He was told because of his low income he doesn't need to worry about tax registering. What can he do about this as he has no IRP5's or payslips in order to register himself. We would like to take a life policy for him and heard that he would need a tax number if we should claim in even of his death...

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Have ITA 34, and Statement, banking details verfied but it says on my status ITA document assessing

  Written by Marc   Posted 10 July 2014

I received my ITA34 and statement of account, which shows a refund however I got a letter to say that I need to confirm my banking details, which have not changed at all, so I went into SARS and verified now my status says: document received ITA being assessed. I was already assessed. I don't understand....Please help?

Depreciation on my ITR12?

  Written by Marc   Posted 10 July 2014

I bought a laptop and tablet that I use for work that cost R20 000. How do I calculate the depreciation?

What medical expenses can be claimed?

  Written by Marc   Posted 9 July 2014

What medical expenses can be claimed?

Do public sector employees get a rebate on medical aid contributions not subsidized by the state?

  Written by Marc   Posted 9 July 2014

Do you get a tax rebate if you contribute to a private Medical Aid like Discovery Health if you work in the public sector and do you qualify for a tax rebate on funds not recovered from the medical aid but reflected on the tax certificate provided by the medical aid?

Do I add claims not paid by my medical scheme on my IRT12

  Written by Marc   Posted 9 July 2014

On the medical certificate that I have received there's an amount under claims not paid by my medical scheme, do I include that amount anywhere on my ITR12.

Where can I check my tax return

  Written by Marc   Posted 9 July 2014

Where can I check my tax return

Medical aid deduction?

  Written by Marc   Posted 9 July 2014

For part of the 2014 tax year my fiancé and I were part of Medihelp. He was the principal member thus the tax certificate is in his name, however the contributions were deducted from my bank account each month. Can he still include the medical aid on his tax return? Later on in the year we got married and everything is now in my name so we wont have a repeat, thank goodness.

Do I submit a travel log book for code 3702

  Written by Marc   Posted 9 July 2014

I am paid re-imbursive travel allowance at more than SARS prescribed rate and I have traveled more than 8000 kms this year (business). The re-imbursive allowance has been included under code 3702. Do I need to submit a travel log book when I submit the tax return?

Where to I add IT3b and 3c information on ITR12?

  Written by Marc   Posted 9 July 2014

My mother is 74 years and does not work nor contribute to an annuity. She receives interest at Investec, Finbond, Absa Moneymarket and Satrix. She received only IT3b and 3c's. No IRP5 or IT3a. Father passed away January 2014 and she only received pension since March 2014. Incurred medical expenses. Where do I ad the IT3b and 3c information on ITR12?

Medical Tax Credit

  Written by Marc   Posted 9 July 2014

I Would like to know if there is any way I can get my medical aid tax credit monthly if my employer don't deduct my medical Aid? I changed jobs and my previous employer used to deduct my medical aid and I received the tax credit monthly with my salary. I now feel conned as I have to wait a whole year to receive this money. We are 5 people on the medical aid - so yes is quite a bit of money

Can I claim if I get commission that's less than 50% of my income?

  Written by Marc   Posted 9 July 2014

What can I claim for if I get commission that is less than 50% of my income?

What step should I take now since I have never submitted any returns?

  Written by Marc   Posted 9 July 2014

Please excuse my ignorance but help me understand.

1.I have not submitted any tax returns since 2010,and I have been in and out of work since then, what steps should I be taking now?
2.Have been paying my taxes during my employment periods.
3.Am currently permanently employed since Feb2014 and I have received my IRP5 from my employer

Can I claim tax on international travel insurance?

  Written by Marc   Posted 9 July 2014

Can I claim tax back on an international travel insurance of a total value of R6000 from a South African company (TIC)?

Can I claim travel allowance on a car I use daily, but is registered and financed in my spouses name

  Written by Marc   Posted 9 July 2014

We have a vehicle registered in my spouses name & finance is in her name as well. I am am the primary driver of the car. She does not have car allowance at work but I do. We keep a logbook and records. Can I claim travel allowance on my tax return for this car?

What is tax deductible?

  Written by Marc   Posted 8 July 2014

I am being retrenched 31 July, I will then pay my study fees in full. My question is eFiling be able to claim from SARS while I am studying and not working?

if it was succesful and how long will it take

  Written by Marc   Posted 8 July 2014

I registerd and submitted. My tax return on SARS eFiling for 2014. It was also my first time submitting for the last 8 years?

How to claim wages on my returns?

  Written by Marc   Posted 8 July 2014

I'm an independent contractor and employ two employees, I pay them bi-weekly electronically but do not print any payslips, how do I claim their wages when I do my returns?

Beneficiaries on medical aid, can I claim for tax purposes?

  Written by Marc   Posted 8 July 2014

I pay the medical aid for my folks, am I entitled to add them as beneficiaries? for more medical aid credits
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