More or less how long will it take before I get my refund

  Written by Marc   Posted 7 August 2013

Hi

I have submitted my supporting documents to SARS on Friday and my current SARS status says "AVS verification with AVS bank verification pass". It is now Wednesday, I have not changed my banking details so all is well, how long will it take before I get my refund paid back?

Referral for audit taking ages - can I speed it up?

  Written by Marc   Posted 7 August 2013

I submitted my return and supporting documentation and I received notice on e filing that my return is referred for audit. I called SARS and they advised that the turnaround time can be anywhere from 3 to 12 months for an audit to occur. They advised that all refunds over R10 000 go for audit. Because I work on commission and claim expenses my refunds are always greater that R10 000, but never takes more than about 2 - 3 weeks.

Is there any way I can speed the audit process up for th...

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Do psychologists fall under medical expenses?

  Written by Marc   Posted 7 August 2013

Can I include a claim for psychologist fees (as a medical expense) if not covered by my medical aid?

How long to resolve a SARS case for a delayed refund?

  Written by Marc   Posted 7 August 2013

In April this year we found out that our tax returns for 2010 and 2011 were never submitted by my company, so I did it ASAP. With the new tax return for 2012 we owed SARS money and they told us to pay it and we did. In May we found out that there was a penalty of R1250 so we paid that as well. So now we have made two payments to SARS and still no refund. When I call them they said I need to bring the deposit slips and I did and they said it will be any time in may that the return will be paid out. We are now in August and still no refund has been paid out. ...

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Car Insurance and Tracker

  Written by Marc   Posted 7 August 2013

Hi Tim

Can I claim for insurance and Tracker on my vehicle that is used for part-work and part-personal use?

Provident Withdrawal Tax

  Written by Marc   Posted 7 August 2013

I have a Provident fund with my Employer. They contribute 5% (which is tax deductible) and I contribute 5% (which is not tax deductible).My question is: when I resign and withdraw the funds, is the employee portion paid out tax free (as I already paid tax on it every month)? Or does it add to the withdrawal benefit scale (i.e. first R22,500 free, then 18%, etc.)

What proof to submit to SARS for depreciation on a vehicle?

  Written by Marc   Posted 6 August 2013

I can't find the invoice for my car which I purchased new and paid for in cash in 2010. What proof would I need to submit to SARS instead to claim depreciation on this vehicle? (I work mainly for commission and I use my car mainly for business purposes).

Declaring Withholding Tax on Local Dividends

  Written by Marc   Posted 6 August 2013

I have received my It3(b) certificates from the various investment companies I deal with. 3 of them show how much the withholding tax on my local dividends was, 1 (from a stock broker) does not. How do I declare the dividends on the ITR12? Do I need to enter the gross amount before withholding tax and then indicate that withholding tax was deducted? Or will SARS assume that withholding tax has been deducted? Basically I just need to know if there is a certain section of the form that allows me ...

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Medical aid expenses on behalf of husband

  Written by Marc   Posted 5 August 2013

Can I claim for medical aid contributions that I make on behalf of my husband? The money comes from my account as a debit order every month.

How would I be taxed if I am spending every second month out the country for work?

  Written by Marc   Posted 5 August 2013

I have been offered a job within South Africa that has various branches across the world. I will be contracted by the company. Thus I will be spending every second month out of the country, 6 months away and 6 months home. I would like to know how I am going to be taxed because I am not 100% sure?

What is the period of getting your money back ?

  Written by Marc   Posted 5 August 2013

I submitted my tax return on Wednesday 2013/07/31 and it was confirmed that I would get R1536 back and still today am still waiting for that money. When do you think I will get it exactly ?

Dispute with a calculated result of negative R15000.00

  Written by Marc   Posted 5 August 2013

Afternoon Tim

It is my first time completing a tax return. SARS has come back to me with an assessed amount of -15000. Must I dispute this? I have paid enough tax already!

Do I need to declare a lump sum death benefit payout to SARS?

  Written by Marc   Posted 5 August 2013

My husband recently passed away and I received a lump sum death benefit payout, which already had tax deducted from it. Do I still need to declare this income and if so, what type of income is this?

Dispute approved, but payment amount incorrect

  Written by Marc   Posted 5 August 2013

Hi, I changed jobs and my pension fund was paid to me in a lump sum with tax deducted, but the liberty loaded irp5 incorrectly on e filing so it looked like I didn't pay tax on the amount. I only realised after I filed my tax return so phoned them, they cancelled the wrong certificate and loaded the correct IRP5 onto SARS. I then had to go dispute the matter with SARS. According to them I owed R9700. The dispute was allowed, and they said they owe me R13000, but they only paid me R3500 because t...

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Freelancer questions - Personal / business home office expense and wear & tear on a PC

  Written by Marc   Posted 5 August 2013

I am a freelancer & am registered as a provisional tax payer.

With regards to sharing rental costs, seeing that one of my rooms in my flat is used for my office, can I add detergents, coffee & tea to my list of expenses? If I had an office, these would come off as office expenses I'm sure. So seeing that I use the communal area of my house, i.e. toilet & kitchen, should the running expenses not be added to the amount I split between personal/business use?

With r...

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Does an additional assessment affect the first assessment of my tax return?

  Written by Marc   Posted 4 August 2013

I have submitted my tax return and was then selected for audit/verification. I submitted the supporting documents and SARS indicates that they have received the documents, but does not indicate if the assessment has been finalised. They have issued me with an additional assessment (a second one), but this didn't affect my initial assessment. Does it mean that I will be refunded with the amount due to me as per the initial assessment?

25% tax but under threshold

  Written by Marc   Posted 4 August 2013

Hi Tim. I'm a freelance drama actor. I get paid around R3000 and am taxed at 25% each month. Do I get a percentage of my tax paid back, or all of it???

Meaning of source code 3805

  Written by Marc   Posted 3 August 2013

What does the source code 3805 mean?

SARS says -R1000. What does that mean?

  Written by Marc   Posted 3 August 2013

If there is an -R1000 in red on my assessment, what does that mean?

I got a Verification of Assessment letter - when do I get my refund?

  Written by Marc   Posted 2 August 2013

I filed my return on the 19th July 2013 and got a letter indicating that I should submit supporting documents. On the 30th I submitted the supporting documents and on 31st I received a verification of assessment indicating that there has been no adjustment. However, the original adjustment show that I have a refund. On checking my e-file profile the status reads: correction filed.
Does this mean that I should be getting my refund soon or what?

How long to wait after changing banking details at SARS

  Written by Marc   Posted 1 August 2013

Hi Tim, it's my first time I did my ITR12.

I got a notice letter asking for supporting docs for source code 4201, I then submitted my unique letter and IRP5, also I corrected my bank details.

My SARS Status shows "AVS Bank Verification Pass". Any idea how long this might take before refund is made to me? Thanks for all the great advice, regards.

I have to use an oxygen concentrator, is this a disability from the tax point of view?

  Written by Marc   Posted 1 August 2013

Age 77; retired. Male. Diagnosed with emphysema (Chronic obstructive pulmonary disease). Doctor has prescribed an oxygen concentrator (takes oxygen out of the air) to allow me better able to do life's daily chores (walking around, dressing, bathing, shopping etc) with less getting out of breath. Weighs 3 kg and has to be carried or slung from the shoulder. This costs me a capital sum of R35000 and has an anticipated life of 5 years (the concentrator, not me). Is this a disability from the tax po...

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What is the date for submitting a tax return for the current and/or previous tax year?

  Written by Marc   Posted 1 August 2013

I am confused about how the tax year relates to when you submit your return for that year. If it is August 2013 now, when is the next deadline for submitting a tax return? Has the deadline for submitting for the previous tax year already passed?

My tax position at the end of February 2014 after I received income from two different employers

  Written by Marc   Posted 1 August 2013

Hi Tim

From my permanent employer I received R5000.00 per month which was increased to R5500.00 per month from July 2013. My contract for this job comes to an end half way through January 2014, therefore being 10.5 months of the 2014 tax year. My employer does deduct any amount for PAYE.

From February 2013 to August 2013 (being a 6 month contract) I had a part time job (being a different employer), where I received R3000.00 per month. My employer here deducted R750.00 per month for PAYE....

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Do I pay a penalty if I register for tax now only, after working for 7 years?

  Written by Marc   Posted 1 August 2013

Hi tax tim.
I just want to know if I will pay a penalty if I've never registered for tax and have been working for 7 years but want to start doing my tax this year?
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