Written by Marc
Posted 22 August 2013
Written by Marc
Posted 22 August 2013
Written by Marc
Posted 22 August 2013
Written by Marc
Posted 22 August 2013
Written by Marc
Posted 22 August 2013
I am completing my father's Tax Return for him. He is over 65 and has a dependent, my brother, who is mentally disabled. I have indicated this as such on the return and can see from the calculation that the full medical amount listed is shown as a deduction from the taxable amount. What is confusing me is the only amount being reflected as a refund is the PAYE he paid on some shares that he cashed in and there is no additional refund for any of the mental disabilities. Am I understanding the med...
Written by Marc
Posted 21 August 2013
Written by Marc
Posted 21 August 2013
Written by Marc
Posted 20 August 2013
Written by Marc
Posted 20 August 2013
Written by Marc
Posted 20 August 2013
Written by Marc
Posted 19 August 2013
Written by Marc
Posted 19 August 2013
Written by Marc
Posted 19 August 2013
Hello Tim,
I earned a SA salary and lived in SA until September last year, afterwards I went back abroad/overseas to my home country and worked there. I already submitted my SARS ITR12 form and I did not mention my foreign earned salary income because it is already taxed abroad and I also could not find the section to add this amount on the ITR12 form. Now my ITR12 form is under verification and I have to submit all relevant forms. Does SARS need my foreign payment slips and do they need my foreign bank statement with the interests? I declared a few rands which I earned on my foreign bank account which is below the threshold...
Written by Marc
Posted 19 August 2013
Written by Marc
Posted 18 August 2013
Written by Marc
Posted 17 August 2013
Written by Marc
Posted 16 August 2013
Written by Marc
Posted 16 August 2013
I took out a 24 month cell phone contract at the end of January 2013 that I pay for on a monthly basis. My phone is used for business and personal purposes. I wish to write off my cell phone as a depreciation deduction (source code 4027). The cell phone handset is valued at around R6 799. Does this mean that I can write off the full amount of R6 799 for the 2013 tax year as it is less than R7000? What can I use as proof for SARS? A letter from the cell phone company confirming the value of the h...
Written by Marc
Posted 16 August 2013
Hi Tim
This is a really helpful forum.
I have a query which I require advice on or a possible solution.
I completed my tax return on the 14 July 2013. In the prior year I received my refund in 2 days but this year I had been selected for verification and I submitted all the documents (logbook etc) and then few days later (23 July 2013) I get a notice letter from SARS saying I'm referred for audit (sad I know), so I waited and yesterday I had no response from SARS regards the referred for audit. ...
Written by Marc
Posted 15 August 2013
Written by Marc
Posted 15 August 2013
Written by Marc
Posted 15 August 2013
Written by Marc
Posted 15 August 2013
Written by Marc
Posted 15 August 2013
Hi Tim,
One of my family members has never submitted a tax return and only actually registered for tax about a year ago. He has been working for about 13 years. That being said, 4 of those 13 years he worked overseas (he worked on the cruise ships were he earned tips only), for 3 years he worked as a waiter where he earned cash and was paid a minimum wage and 5 years as a restaurant manager where tax was deducted from his monthly salary, however, he was never registered for tax by his employer or on an individual capacity. Like I said, he only registered and got a tax number last year (2012). ...
Written by Marc
Posted 15 August 2013
