Written by Marc
Posted 30 July 2013
Written by Marc
Posted 30 July 2013
Written by Marc
Posted 29 July 2013
Written by Marc
Posted 29 July 2013
Hi TaxTim,
Two simple questions that I can't find answers to anywhere:
1. What happens if you cannot support expenses for a specific category on a tax audit for year that has already passed and been assessed (say audited for 2010/11 in 2013)? I.e. you lost an expenses file for the full 5 year tax period, and only have partial records via bank statements?
2. How likely is this scenario - i.e. SARS randomly auditing for previous tax years. I.e. during the 2013-14 tax year are you at risk of being randomly audited for the 2011-12 tax year?...
Written by Marc
Posted 29 July 2013
Written by Marc
Posted 28 July 2013
Written by Marc
Posted 28 July 2013
Written by Marc
Posted 28 July 2013
Written by Marc
Posted 27 July 2013
Written by Marc
Posted 27 July 2013
Written by Marc
Posted 27 July 2013
Written by Marc
Posted 26 July 2013
Written by Marc
Posted 26 July 2013
Written by Marc
Posted 25 July 2013
Written by Marc
Posted 25 July 2013
Written by Marc
Posted 25 July 2013
Written by Marc
Posted 25 July 2013
Written by Marc
Posted 25 July 2013
Written by Marc
Posted 25 July 2013
Written by Marc
Posted 24 July 2013
Hi Tim, thanks for a great web site!
I'm an IT contractor and for 6 months at the start of 2013 I worked for a company in South Africa and was paid a fixed amount each month. I received a payslip and tax was deducted, however my tax number wasn't included on the payslip. I was asked to become a permanent employee after the 6 months but declined and subsequently left SA to work overseas on a contract where the money I earned was transferred to my SA bank account. I submitted an IT12 to SARS showing the amounts I'd earned from both contracts...
Written by Marc
Posted 24 July 2013
Written by Marc
Posted 24 July 2013
Written by Marc
Posted 24 July 2013
Written by Marc
Posted 24 July 2013
Written by Marc
Posted 24 July 2013