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Latest Posts in Tax Q&A

Why is my refund taking so long?

  Written by Marc  

I filed my tax return on the 15/07/2015 and I am due for a refund, would you know why I have not received my refund? Previous years it took 2 - 3 days. As per the statement of account there is nothing outstanding and I have not been selected for an audit.

Provisional Tax Calculation

  Written by Marc  

how do i work out the estimated profits for provisional tax payment to be effected end of august?

Travel expenses?

  Written by Marc  

Can I claim on money spent on public transport-travel expenses.

Tax paid to SARS?

  Written by Marc  

Let's say I earn R6500 per month

Do I have to pay tax?

Is TAX deduction calculated from your gross salary only or from gross salary plus benefits

  Written by Marc  

I earn a gross salary of R26000. 00 plus I have company benefits of R3881. 00 (being medical aid). When working out the TAX deduction on my salary, is it calculated from R26000. 00 or from R26000 R3881? I see that my current TAX deductions are TAX R5491. 94 UIF R148. 72 and I am just wondering how that was determined. Thank you

Levies for medical expenditure on my tax return?

  Written by Marc  

Im on chronic medication I have to pay a levy every month on my repeats

Tax exempt working aboard

  Written by Marc  

When you work out the country for 60 days or more you don't get taxed

Refund after assessment??

  Written by Marc  

My partner submitted his tax in the beginning of July shortly after the tax season opened, he then found that he had to submit required documents, which was done on 06/07/2015, the review was them completed I assume as he received the second ITA34 still showing the same refund amount on 03/08/2015, when he called on 07/08/2015 to find out about payment he was told that the 30 day period ends on 14/08/2015, so when he called on the 14th to find out what is happening with his refund, he was told t...



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Fleet Cards

  Written by Marc  

How should employer tax work on the following:

Employee uses a company fleet card for fuel cost. Example of the July:
July Fleet Card Balance of statement R3 500
Travel claim (1 000 km @ R2. 05 p/km) R2 050
Deduction from employee for private use of fleet card R1 450 (R3 500 - 2 050)

Under which IRP 5 code should the travel claim be?
Should it be 3702 because the employee pays back the private use of the fleet card therefore there is no fringe benefit.

Escalation at SARS?

  Written by Marc  

I contacted SARS yesterday, the 29th day since my documents were submitted for a review. The matter was "escalated". How many more months will they still take to finalise this matter?

Do I fill in tax forms or not?

  Written by Marc  

What is the salary for the 1st March 2014. Till 28th February 2015 tax year to start paying tax on, and if I am below that amount, or if I do not earn any monies, then please let me know if I must still fill in any tax forms.

Medical Aid Tax if I pay Medical Aid privately as the company does not cover it

  Written by Marc  

I am starting a new job and I will be taking over my medical aid privately so my company will not contribute towards my medical aid. I will be paying for main member 3 dependents (adult & 2 children). How does this medical aid tax credit work? Would I now be able to benefit on tax if I pay privately? Lets work on I will earn R20 000. 00 a month?

What to do during audit process

  Written by Evan  

Selected for audit. What do I do?

Refund on Dividends Withholding tax?

  Written by Marc  

I have twins and have set them up with unit trust investments in their own name. The distributions from the trusts are fully reinvested. However the trusts pay out a mixture of interest and dividends etc. On the dividends can I submit tax returns for them to claim back the dividend withholding tax. The interest and capital gains portions are below annual limits. They have no other income as they are not working.

Tax level question on basic pay?

  Written by Marc  

Can you tell me the tax deduction to basic pay for 2015. I am moving from the UK and will be paid around R800,000 per year

How much do I have at SARS?

  Written by Marc  

How do I know my current balance money that I have at SARS?

Audit and Verification

  Written by Marc  

Why have I been nominated for Audit and I just declared which is on my IRP5.

When will I receive that money?

  Written by Marc  

I submitted my RIP5 on the 29 July 2015. I recieved an sms say the amount due to you is R1041. 77 but till to date I havent recieve that money

Signature required while eFiling?

  Written by Marc  

When completing the IRP6 and ITR12 via SARS eFiling, what happens with the section where they request a signature. Does one ignore that when SARS eFiling?

How is it possible that I have never received a tax refund since 2005?

  Written by Marc  

How is it possible that I have never received a tax refund since 2005?. I employed by a corporate (approx 40 000. 00 employees) that pays my tax for me.

Is rental income taxable if i'm renting somewhere else?

  Written by Marc  

I bought a property and after a year, I decided to let it out and go rent somewhere, so now that am earning rental income on my property, i'm I liable to pay tax on the rental income received?

Should I register for provisional tax if I have more than one employer?

  Written by Marc  

What do you do if you have more than one employer and thus have more than one IRP5 or IT3? Should you register as provisional tax payer or not?

Returns Issued query

  Written by Marc  

I am trying to submit my 2015 tax return on SARS eFiling and when I went to the Returns Issued tab it says my 2013 tax return is overdue, please submit urgently. I am very confused as I completed my 2013 tax return, and even got money back. Do I now need to resubmit the 2013 tax return?

Do I owe sars or do they owe me?

  Written by Marc  

Hi Tim I received a ITA34 certificate from my old job as a waiter & bar man @ seasons sport & spa and I don't know what it means do I owe SARS or do SARS owe me???

Earning R6000 per month which tax bracket

  Written by Marc  

If I earn an average of R6000 per month on a contract basis in which tax bracket do I fall
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