Written by Marc
Posted 22 January 2013
Written by Marc
Posted 22 January 2013
Written by Marc
Posted 21 January 2013
Hi Tim, great website and good gen. SARS phoned me asking for a schedule of my deductions. I uploaded it and forgot to click on 'submit', then received a second assessment disallowing the deductions - probably because I didn't submit the document.
What do you suggest? If I lodge a notice of objection, will they allow the late submission of the document? How much should I explain to them - fall on their mercy regarding my mistake, or just assert that I am entitled to the deductions? <...
Written by Marc
Posted 21 January 2013
Written by Marc
Posted 21 January 2013
Written by Marc
Posted 19 January 2013
Written by Marc
Posted 16 January 2013
I retired on 30th June 2012 and received a SARS Tax Directive that states that "tax amounting to R0.00 is to be deducted from the gratuity / lump sum payment of R308732.65." What use does one make of this tax directive? Am I correct in assuming that this amount is to be subtracted from Income received (Codes 3697 & 3698). Is it still possible to submit my return via the provisional tax electronic medium; or will I now have to file a return manually at the end of February 2013?The p...
Written by Marc
Posted 16 January 2013
Written by Marc
Posted 13 January 2013
I have heard so many great things about you, I hope you can assist me too. Until today, I was not aware that one can actually contact SARS directly to enquire about a possible refund. I have always been under the impression that they would contact or notify the taxpayer and then mystified when they actually did not.
My tax documents are always submitted automatically by my employer. I finally dragged myself to the nearest SARS office and registered as a tax payer in 2010. Now, my que...
Written by Marc
Posted 10 January 2013
Written by Marc
Posted 7 January 2013
According to SARS I have penalties of R22 250. I only discovered this recently after becoming more educated about the whole tax thing and investigated my own SARS status etc. Naturally I had to update my details and they now know where I work. 3 weeks ago, my employer received a letter saying something about appointment of agency and that she had to pay R1 500 per month over to SARS, in order to pay the penalties. Around the same time I went to SARS offices to log a dispute re the penalties and...
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Hi Tim
Last year I was on contract from May 2011 till Nov 2011, later the same employer made me permanent. I received an IRP5 showing that I've only been employed from Dec 2011, I went to HR to ask about it and they said it was correct, therefore I submitted all the information on eFiling as it is on my IRP5. I have received a letter from SARS that they want supporting documents, and I have submitted the documents. I would like to know if was there anything I needed to do before fini...
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Hi Tim
Awesome website!
I earn my income on commission and am often entertaining clients, paying for coffee at meetings and lunches, client gifts etc - all part of the relationship building process.
Because of what I have submitted on section 4016, I have been selected for audit. I have kept all my receipts for client entertainment. Can I just submit these receipts and what are the limits here?
Also I have also claimed for bank charges and client production costs. Is this within the boundaries of 'expenses incurred in the production of income?'...
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013
Written by Marc
Posted 3 January 2013