SARS eFiling asking for "documents for review " and "documents for audit"

  Written by Marc   Posted 12 September 2013

Why does my eFiling ask for me to submit "Documents for review" and "Documents for audit"?

Can you claim monthly groceries from tax?

  Written by Marc   Posted 12 September 2013

Hi TimI've heard that you can claim some of your monthly expenditures, like groceries, from tax... Is this true?Thanks!M

When do I pay sars after submitting provisional tax?

  Written by Marc   Posted 12 September 2013

After submitting my provisional tax, when do I need to pay it? Does SARS send me a bill?

Can I claim my child's university fees and the domestic worker's fee of R150 once a week?

  Written by Marc   Posted 12 September 2013

I'd like to find out if I can I claim my child's university fees?Also can I claim the amount I pay to our domestic worker who comes in once a week at a rate of R150.00?

Seeking my Income Tax number, although I am employed

  Written by Marc   Posted 12 September 2013

I have been employed since September 2012, even though I was not earning a taxable amount, but now I am now earning it. Looking at my payslips since the start of 2013 I found out that the one for March has got the P.A.Y.E deducted as well as U.I.F but from the next month being April I no longer get that P.A.Y.E deductions except U.IF.

Please Tim, does it mean I do not have an income tax number? I called my employer and they referred me to SARS. I can't understand this as I need this income tax number for my new employer. ...

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I'm new to this whole tax story. How much tax will I pay a mounth if I earn R6500?

  Written by Marc   Posted 11 September 2013

How much tax will I pay with a monthly income of R6500?

Do I need a logbook for aTravel allowance?

  Written by Marc   Posted 11 September 2013

If receiving a fixed travel allowance is it necessary to maintain a logbook?

What do you do if TaxTim refuses to show the student mode with a green tick?

  Written by Marc   Posted 10 September 2013

What do you do if TaxTim refuses to show the student mode with a green tick?

Where do I show calculations for student assignment?

  Written by Marc   Posted 10 September 2013

Hi there,

Where am I suppose to put the calculations for my figures? Our lecturer mentioned that we should show all calculations but im struggling to find a place to put them.

Many thanks
Siphesihle

Registration of employees for tax or PAYE?

  Written by Marc   Posted 10 September 2013

Hi Tax Tim
Do I need to register my employees for PAYE or for tax as they received only R3300 per month? How do I go about registering them for tax? What documentation do I need and do I need to go to the branch to fill it in?

There is nowhere to list my deductions as a self employed business owner

  Written by Marc   Posted 10 September 2013

I am filling out the tax return and despite having said Yes to being a provisional tax payer it is asking me questions relevant only to an employee, such as do I have a company car etc and keeps referring to my IRP5, which obviously I don't have, being self employed.

Has something gone wrong, am I filling in the wrong form? Where do I list my deductions, of which there are many?

How to fill in your Tax return with two sources of income, but no IRP 5?

  Written by Marc   Posted 10 September 2013

I do work for a research group but am not formerly employed by the research group at the university. I am listed as a vendor and get paid for things I do for the group. Effectively as a supplier of things I make.

So how do I fill in my tax form since I am in the tax threshold. I do not get a IRP 5 since I am not employed by them. I also received a pay out of a fund that I had from my previous work and it shows up in my form as an employer.

Now I would like to know how do I go about to fill in my form as I am receiving income but do not know what code or where to put it in the form. ...

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Travel allowance back up docs

  Written by Marc   Posted 10 September 2013

Hi TaxTimWhat kind of back up documentation must one hand in when you have a 3701 and 3702 code on your IRP5?Regards

Hi Tim, is code 3715 on my IRP5 claimable from SARS?

  Written by Marc   Posted 10 September 2013

Hi Tim, is code 3715 on my IRP5 claimable from SARS?

How do I change e-mail adress on my student registration details?

  Written by Marc   Posted 10 September 2013

I am a student. How do I change my email address on my registration details?

Refunded but still owe SARS money?

  Written by Marc   Posted 9 September 2013

I got a refund last year (2012) and went into SARS and they did my submission for me. I phoned SARS to see how to report my previous company as they have not let me have my IRP5 form as yet (it was due by July 2013). I was then informed that I have a recurring penalty of R 13750.00 due to 2007 and 2011 not being submitted.

Surely if I owed them any money they would not have released the refund for 2012? I really need help with this as I am pretty confused.

How long will it take to be refunded after resubmitting my tax return?

  Written by Marc   Posted 9 September 2013

Hi Tim. I submitted my tax returns and did not claim on my travel allowance, now SARS sends me an SMS stating I owe R8750. If I were to resubmit and claim on my travel allowance, how long will it take for SARS to refund, and what's gonna happen on the amount they say I owe? Regards Themba

Personal Service Provider

  Written by Marc   Posted 8 September 2013

Hi Tim

1. I am starting a company and it will be a Personal service Provider. I know tax has to be withheld at 28% by my client. What I don't understand is whether the 28% is a flat rate or does the tax payable get recalculated when I submit my ITR12?

e.g.
Say I earn 20000 a month X 28 % tax = 5600 . Tax payed for the year = R 67200.
However if I was taxed as a regular employee my tax would have been = R 37,359.75

Will SARS pay me back the difference?
...

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Can individuals doing community service claim tax back for HPCSA registation fees?

  Written by Marc   Posted 8 September 2013

Hi Tim, I was a Community Service psychologist for the tax year 2013. Can I claim my HPCSA fees back and the money I have spent on professional development (obtaining CPD points)? I know permanently employed people cannot claim this back. But would the same apply to community services, as we are still considered students and we are employed on a contract basis?

Kind regards
Kelly

Vehicle tax benefits for CC or Pty company

  Written by Marc   Posted 8 September 2013

What are the tax benefits of leasing a vehicle? The lease amount is R4 000 p/m and it's for 36 months. Should I rather get a single cab bakkie and claim the VAT back on that? I own a few restaurants, so it would be for picking up emergency stock and the company logo will be displayed on either vehicle (if that makes any difference).
I own a cc and a pty(ltd), is there different tax benefits for them?

Taxable Settlement agreement?

  Written by Marc   Posted 5 September 2013

Hi Tim,

Last year (this financial year though) I left a job and had a settlement agreement with my ex-boss for outstanding monies for overtime as well as for medical expenses as a result of my work. We have had no contact since the settlement. When going to file at SARS I noticed he has included the full amount as income on my IRP5, where as only a small portion was for income and the rest to cover my medical bills. Am I correct in thinking that I am not liable for income tax on the S...

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Do you need to supply an IRP5 for freelance workers?

  Written by Marc   Posted 5 September 2013

If we have a freelance guide that worked for us for a number of days in the year and they get an agreed payment from us (example of R 650 per day) and we do not deduct tax for this. Do we need to supply them with an IRP5? Take note that this person is not an employee of this company.

How will tax be calculated after I leave my job?

  Written by Marc   Posted 5 September 2013

Hi Tim
I am over 45 and have 20 yrs service with the state. I'm planning to exit. How will my tax be calculated?

SARS: Verification of Assessment

  Written by Marc   Posted 5 September 2013

Hi Tim

I submitted my return via efiling on 16 August 2013 and received notice to submit supporting documents which I did on 21 August 2013. It was confirmed that the supporting documents were in order. On 3 September 2013 I received SARS correspondence for my attention on efiling. When I logged in my efiling status is "Correction filed" and the description of the letter is "Completion letter". The contents of the letter is as follows:

"Dear Taxpayer

VERIFICATION OF ASSESSMENT...

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Incorporated versus sole prop for a new business

  Written by Marc   Posted 4 September 2013

Hi Tim. I am about to embark on a new venture and start up my own business. We are bound by various rules and regulations as per the HPCSA and are only able to practice in an incorporated or solus practice. I am feeling very unsure as to which is the best option tax wise? The gross monthly income of the practice is expected to start off at and vary between R30 000 and R50 000 per month. I will not have any partners or permanent employees. I work from home 50% of the time and am onsite (travellin...

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