Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply

Latest Posts in Tax Q&A

What's does lease payments actually refer to?

  Written by Evan  

Under "travel claim against allowance" Does lease payments refer to the monthly car repayments I make to Wesbank?

Source code 4238 - Taxable Local Dividend

  Written by Evan  

On my IT3b there is an amount Taxable Local Dividend source code 4238. I can not find a source code 4238 on the SARS eFiling generated form. Where do I show the amount?

Returns

  Written by Evan  

Hey would like to know if you'll be able to let me know if I have any returns this year please?

Capital Gains on SATRIX fund transfers

  Written by Evan  

I received my IT/IB 3(b) and IT/IB 3(c) from Satrix. The IT/IB3(c) reflects disposal of Unit Trusts or financial instruments with source code 4250. I did not cash in any of my EFT's but transferred them from one fund to another. Must I still reflect these values in my tax form?

If yes, which figure do I reflect for source code 4250? - weighted average value, Gross Proceeds, Nett gain / loss or weighted average value.

Are transfer fees deductible for purchase of home?

  Written by Evan  

Can I deduct fees paid to transfer attorneys and bond attorneys for the purchase of my home? The property is not an investment property, it is my primary residence - I live there.

Insurance & License fees question

  Written by Evan  

Another basic question . . . . Sorry! Just to make 100% certain, under "Travel claim against allowance" is insurance and license fees simply the total of all the insurance premiums I've paid for the tax year period plus license fees incurred?

Medical aid tax certificate and doctors receipts

  Written by Evan  

I have a tax certificate from the medical aid as well as receipts for doctors fees paid in cash. Where do I claim these amounts on my tax return?

How do I know if my employer paid my tax to SARS?

  Written by Evan  

How do I know if my employer pays SARS my tax?

Sars E-filing or not? Earn under R350 000

  Written by Evan  

Hi Taxtim. I already completed my tax return today via sars e-filing. The sars calculator shows a amount refundable to me. What I want to know is, is it correct for me to assume that I can still go ahead with this return despite of the fact that I didn't earn more than R350 000? Also I didn't change jobs, I worked for the same company for a year and 4 months but we were franchised so I have two different IRP5's from two different cc's. Also why I really want to do it because I have a really ex...



Read more →

Additional freelance income declaration

  Written by Evan  

I am employed full-time but I did some freelance website development work this year in addition to my normal salary. I wasn't aware at the time that I was going to get the work so didn't submit any provisional tax beforehand. How do I specify this additional income on my tax return?

What is the difference whether I add in the medical amount not covered by my medical aid?

  Written by Evan  

Hi There, Please advise if it is at all beneficial to add in the medical amount not covered by the medical aid when completing my tax return? (ie - Dr's bills and medicines covered out of my own pocket). What is the difference whether I add this in or not?

Is taxtim part of SARS?

  Written by Evan  

Is taxtim deel van SARS?

How can I submit my IRP5 through the internet?

  Written by Evan  

How can I submit my irp5 form through the internet?

When is a company supposed to pay tax?

  Written by Evan  

When is my small (pty) ltd company supposed to pay tax? How much does a company have to make so it can start paying tax?

Must I file a tax return? I get only investment income and rent

  Written by Evan  

I earn R4000 from an investment and I receive R4600 rent for my house that I rent out. Must I file a tax return?

Temp assignment for 6 months was paid monthly between R600 & R7000 do I need IRP to submit to SARS?

  Written by Evan  

Please advise me if I have done a temp assignment for 6 months and was paid between R6000 and R7500 per month depending on the amount of days worked. Do I have to receive a IRP and submit to SARS?

Can I get my eFiling username and password

  Written by Evan  

Can I get my SARS eFiling username and password from you please?

IT34 notice applicable to provisional tax payers?

  Written by Evan  

Does a provisional tax payer receive an IT34 notice or is this notice only applicable to personal income tax payers?

Is there a tax return on pension fund resignation?

  Written by Evan  

I resigned in October 2013 and a certain percentage tax was deducted. I was never able to claim any return from this. Am I not supposed to get a tax return from my pension money?

Medical aid contributions for parents

  Written by Evan  

Hello. I paid my parents medical aid contributions. We are not members of the same fund. Can I include their contributions when I file my tax return?

Allowable deductions for Travel Allowance and medicine

  Written by Evan  

1) I receive a Travel Allowance for my vehicle, am I allowed to claim the costs incurred on services done? 2) I am on my parents medical aid. If I pay for pills etc not covered by my parents medical aid, can I claim these expenses?

Medical Expense claim

  Written by Marc  

Hi. I am currently filling out my return. Regarding medical expenses not covered by my medical aid - do I have to have the receipts for these in order to claim. In many instances for prescriptions I have had filled out I have the invoices but not the receipts. The payments do reflect on my credit card statement though. Is this adequate or must I have a receipt ?

Commision earning real-eastate agent

  Written by Evan  

What can I claim as an Real Estate Agent earning only commission ?

No Medical Aid - Pay all medical bills cash. I'm self-employed

  Written by Evan  

Hello. I do not have medical aid and am self employed. I pay all medical bills cash. May I still claim for this expense on my 2015 tax return? Thank you.

Someone else using my eFiling account

  Written by Evan  

What if somebody is using your SARS eFiling account without your knowledge and changed your password?
Older posts →← Newer posts    121  122  123  124  125  126  127  128  129  130  131  132  133  134  135  136  137  138  139  140  141

Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.