What message to look for when done with audit

  Written by Evan   Posted 8 July 2015

Hi how does it work if I get a message that says IT34 and that I have been selected for a audit? I know that they're going to audit me. But what will the message say when they are done?

Do I have to pay provisional tax for my company and myself?

  Written by Evan   Posted 8 July 2015

I have paid provisional tax for my small business and taken the profits after tax for personal use. Will I have to pay provisional tax as an individual for that income?

Why can't I get R21,000 initially?

  Written by Evan   Posted 8 July 2015

Hi Tim, thanks for a wonderfully informative site.
On SARS eFilings my tax returns were different from that of what I have on my IRP5 mailed to me by my work, so I corrected it. Which came back as me owing R16000 to SARS so I disputed and loaded the original on, now it shows I'm entitled to a refund after R21000-16000.

I submitted documents as requested and I'm also for audit. My question is will they pick up that I made an error initially and not refund me for the entire amount...

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Claim back my returns

  Written by Evan   Posted 8 July 2015

Where do I start to claim for my PAYE?

Is professional registration and education fees tax deductable?

  Written by Evan   Posted 8 July 2015

I have just filed a tax return through you but could not find a place for deducting professional fees. This includes having to pay and annual registration fee as Psychologist as well as having to attend professional education sessions to maintain my registration. The combined amount comes to about R2100. Is this not deductible? My company, City of Cape Town does not pay for this as they see it as part of my Total Cost to Company and I have to pay it myself.

Can I claim VAT personally?

  Written by Evan   Posted 8 July 2015

I have a VAT number, so can I claim VAT on personal buying?

Negative assessment notice amount?

  Written by Evan   Posted 8 July 2015

Hi TaxTim,

I have just submitted my first tax return and the assessment notice is a red negative amount of rands. What does this mean? Does this mean I need to pay SARS that amount? If so, how long do I have to pay them?

Should documents be uploaded to review or audit options

  Written by Evan   Posted 8 July 2015

I have been selected for Audit/Verification and need to upload documents. There are to options to upload docs on my dashboard - one says documents to review the other documents for Audit. Do I upload documents to both or just the review option.

Is the fee paid to TaxTim not tax deductable?

  Written by Evan   Posted 8 July 2015

Is the fee paid to TimTax not tax deductible?

My login name

  Written by Evan   Posted 8 July 2015

What is my login name for SARS eFiling?

SARS refund payment period

  Written by Evan   Posted 8 July 2015

Good day,

I have submitted my tax return and SARS owes me a refund. About 4 days has passed so I contacted SARS and asked them what the reason is why my refund is being held back, they told me it is because I have not submitted my 2012 tax return, so I did. After I submitted my return for 2012 as well, I contacted them again and inquired if there is anything else that they need from me in order for me to receive my refund and they said no that everything is in order and that there is ...

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SARS status "Please note that your return cannot be processed as SARS is currently reviewing your as

  Written by Evan   Posted 8 July 2015

Hi. My SARS status has been "Please note that your return cannot be processed as SARS is currently reviewing your assessment. The return will be reviewed as part of this process. SARS will advise you on the outcome in due course." for a week now and no changes to date.

When will this change or when will SARS at least change the status or look at my return?

Register for turnover tax with active VAT number

  Written by Evan   Posted 8 July 2015

A trust is registered for VAT. However, the trust has been dormant for a year or so but the VAT number is still active. Can a business be run under the trust with the active VAT number and still register for turnover tax? The turnover will be less than a million rand

Unsure about source codes 3697 and 3698

  Written by Evan   Posted 8 July 2015

If I have the below amounts on my IRP 5:

75,000. 00 - 3601
90,610. 00 - 3616

Would it fall under the following codes on my IRP 5 if the company does not deduct any retirement benefits bearing in mind that I was first a contractor from Mar - Aug.

75,000. 00 - 3697
90,610. 00 - 3698

Does these codes get taxed differently?

Confused by 4005 codes different on IRP5 and IT3(b)

  Written by Evan   Posted 8 July 2015

Hi,

The 4005 code on the IRP5 is different from the IT3(b) from the medical aid. Should I have any amount in 4040?

4005 = R 61,550 , but the IT3(b) shows R 58,802
3810 = R 20,506
4474 = R 20,506
4020 = R 7,486

Printing error for manual submission

  Written by Evan   Posted 8 July 2015

Hi, I am using Chrome and am unable to print out the Manual IT 12. The format is wrong and it is cutting of the edges.

I don't have my own bank account details

  Written by Evan   Posted 8 July 2015

Hi,

Please can you perhaps give me some advice? I am busy doing my tax return now and only thinks of it now... I don't have a bank account anymore and my salary etc is getting paid into my Dad's account. What must I do and how must I make to claim it now?

My ID and passport got stolen and I first need to get them before I can open my own account again. Is there any way that SARS can pay the money into the account my salary gets paid to?

Please if you can give me ...

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Claim for home expenses

  Written by Evan   Posted 8 July 2015

If I use your service, will my fee paid to you be deducted to the return and is there a guarantee I will get paid back for the home expenses? I do have a receipt for my laptop and printer, including measurements of the office space which is separate from the house (attached to the garage). I pay a bond for the house, rates and services. I am not sure how to calculate other things like my garden and the helper fees.

SARS AA88 DEDUCTION

  Written by Evan   Posted 8 July 2015

I'm paying SARS R500 aa88. My current balance is R2000 from R20,000. Can I claim back?

What to pay to SARS on a R80,000 house sold?

  Written by Evan   Posted 8 July 2015

Hi. I sold my house for R80,000. How much tax do I need to pay on that?

Wear and tear allowance on sars code 3713

  Written by Evan   Posted 8 July 2015

I received a laptop allowance on a monthly basis. Laptop belongs to me. This appears on my IRP5 under source code 3713. I received this over 3 years. Can I claim a wear and tear allowance against this income?

I'm confused if I should claim over 3 years or just a single year as I've read different responses online. Also what supporting docs would SARS require? Would the tax invoice of my laptop be sufficient? Thanks

Moving from the Middle East to South Africa

  Written by Evan   Posted 8 July 2015

I am a British citizen who has worked in the Middle East for 10 years. During this time I gained South African citizenship and will move to live in SA. Will I need to pay tax on the money I earned in the Middle East during the financial year in which I move?

Any information that you can provide would be appreciated.

SARS refund delayed question.

  Written by Evan   Posted 7 July 2015

Good morning Tim, on the 1st of July I submitted my tax return via e-filing, on Friday the 3rd of July the status changed to assessed and a note saying that I should receive my assessment in my inbox within 2 weeks. I have not been select for an audit and am due a refund. I called the SARS contact number yesterday and was informed that my tax return had been assessed and was completed, however I have still not received any refund from SARS. My banking details etc are correct, I am just a bit con...

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How do we send more than 20 attachments to SARS?

  Written by Evan   Posted 7 July 2015

Hi Tim SARS requested supporting documents to be uploaded which is mostly from our medical aid and we have 26 and are not allowed to send more than 20. How do we upload more documents to SARS eFiling?

Medical tax credit if I am sponsoring my Mom's medical aid?

  Written by Evan   Posted 7 July 2015

I am an employed person and have no trouble doing my tax return with SARS e-filing. What I would like to know is the following: Since October 2013 I have been paying my Mom's medical aid, she is a 70 year old pensioner (state pension grant) and not registered for tax. She is not on my medical aid as it is more affordable to have a separate medical aid for her.

This year she received a tax certificate from her medical aid. Is there any way in which I can claim for her medical aid cont...

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