Written by Evan
Posted 10 July 2015
I'm being audited by SARS, they have asked me for bank statements and payslips. I do currently have a permanent job, but have a part time or side line job as well. The amounts I get paid to do the work is not a constant amount every month and some months has no income at all. These payments are either in cash or via eft which will be on my bank statements of course.
What would the impact on myself be from SARS? I complete my tax every year, but this is the first time I get asked to p...
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Last year I was retrenched, took the package, and was told that the severance piece was tax free, as it was way below the R500k, just under R40k, got a directive.
Now looking to do my tax return, the amount shows under income (source code: 3901) adding it to my income, however as I was not taxed on it when it was paid, it appears to SARS that I didn't pay the tax then. So now it looks like SARS is asking me for the tax on that amount, as my prelim calculations is saying I must pay in close on R4000?...
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 9 July 2015
Written by Evan
Posted 9 July 2015
I completed my SARS tax return. My IT34 said I was being paid an amount back. I then realised I had made a R40 error on my tax return for my laptop depreciation. So I amended on my tax return and re-submitted. My calculation then said I was receiving about R4 less than before. Once submitted I received an IT34 stating I had to pay SARS R4. Which is the correct IT34 now? I can't possibly lose all the money I was getting back for changing an amount by R40? I was also requested to submit the laptop...
Written by Evan
Posted 9 July 2015
Written by Evan
Posted 9 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015