Medical Aid contributions on my tax return?

  Written by Marc   Posted 15 July 2013

I am paying roughly R1 400 on a medical aid for myself and a spouse.
The payments are made through the company, but the full amount is deducted from my salary per month, and the company does not contribute any portion. Does this mean that I am paying the medical aid myself, and can claim as such, or does this mean that I cannot claim these amounts for a tax return?

Tax and overtime - refunds?

  Written by Marc   Posted 15 July 2013

I would like you to explain to me why people who work overtime get so little refunds. Ever since I've worked in 2008, I've been getting 24c - 27c as my returns. I have a med aid and my tax certificate yearly shows thay I've paid more than 3 000 out of my pocket. If you can just explain as to why's is it like that, is there something I'm soing wrong?

I received an SMS from SARS to they say i got an account balance of R12000, but they are auditing me

  Written by Marc   Posted 15 July 2013

About ma tax claim refund

Is there a tax deduction for spousal insurance?

  Written by Marc   Posted 15 July 2013

On my payslip there is a deduction for Spouse insurance.If my spouse dies, I get money from my employer to help. think its twice my annual salary.Are there any tax benefits for this?

s10(1)(o)(ii) and once off-contracts

  Written by Marc   Posted 14 July 2013

I will be fulfilling a contract overseas for more than 183 days and more than 60 continuous days. I meet these requirements of s10(1)(o)(ii), but I am unsure if the section applies to once-off contracts with an overseas company. The contract will last for more than 10 months however. Does this make me an independent contractor?

Tax Return - when I must I submit?

  Written by Marc   Posted 14 July 2013

I'm getting confused with regard of submiting tax return. If you earn more then R63556 you to submit your return and on the other side if your remuneration is R250000 you may not subtmit a income tax return. Can you clarify that for me please?

Medical Expenses Code 4020

  Written by Marc   Posted 14 July 2013

Hi Tim, thank you for the great service. My basic salary is R20k, my employer pays R400 and I pay R1200 towards medical aid. I am the principal member with 1 dependant. I would like to clain approx R6000 on code 4020 as my personal med expenses not claimed from med aid. Is this claim valid and approx how much will I get back if anything?

Which supporting documents to send to SARS when being audited?

  Written by Marc   Posted 13 July 2013

I recently filed by return via eFiling and was selected for an audit or verification process. So SARS requires supporting documents from me. My question is when submitting these documents, do I only submit those documents pertaining to aspects that impacted the assessment (detailed under "Notes" at the end of the ITA34) because that's what I am assuming or do I have to submit all documentation? Also how long after I have submitted these documents will I get a response from SARS, also my refund s...

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I have changed my SARS bank details, now what?

  Written by Marc   Posted 13 July 2013

I have filed my tax return and SARS has asked for supporting documents, which I have submitted via eFiling. The SARS Status says 'AVS Bank with AVS verification pass'. I would like to know what this mean.I am also expecting a refund due to me.Thank Tim.

I need to obtain a template for a normal monthly payslip

  Written by Marc   Posted 13 July 2013

Any idea where I can obtain a 2013 payslip template for a normal monthly salary

Can I deduct my uniform cost from my taxable income?

  Written by Marc   Posted 13 July 2013

I am a nurse and are required to wear a prescribed uniform and pay an annual fee for a practicing license. I do not get an allowance for either and have to pay for my own uniform and annual practicing license. Can I deduct these expenses from my taxable income?

Tax refund from using own transport?

  Written by Marc   Posted 13 July 2013

I have use my vehicle for official purposes in 2012 to 2013 and traveled 8553 km. Will l be get any refund or l will pay Extra?

Can I use eFiling to submit IRP5?

  Written by Marc   Posted 13 July 2013

I need to see if anything is owed to my from SARS without having to go into SARS?

Income in SA and paid overseas by SA company

  Written by Marc   Posted 13 July 2013

Hi Tim

Your service is very helpful thank you!

I am an SA permanent resident spending 3-4 months per year in SA.

I have rental income from property in SA paid into my SA bank account.

I am also paid as an independent contractor by an SA company directly into my overseas bank account.

On my tax return:
I will claim the SA rental income and expenses.
Do I also declare the other income as foreign income with the associated overseas tax paid on it?...

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Tax withheld on my IRP5, what does this mean?

  Written by Marc   Posted 12 July 2013

Hi my employer gave me my IRP5 and on it it says tax withheld what does it mean I do not get the money?

I have resigned from my previous company 30/05/2013 and still do not have a IRP5, what now?

  Written by Marc   Posted 12 July 2013

The company owes me a IRP5 for the previous year. They have not submitted for tax year 2012 - 2013 what can I do to force them to submit?

Thanks
Michael

Please help regarding medical contributions?

  Written by Marc   Posted 12 July 2013

My husband has an IRP5 from his employer and a income tax certificate from his medical aid. His work pays 50% of the medical aid and he pays 50%. But his 50% is deducted before he gets his wages. I am filling in a tax return for him and under Deductions on the IRP5 there are 3 amounts: codes 4003, 4005, 4474. I have filled that part in fine but the next page has Medical deductions from the taxpayer, there is a code 4040 to fill in, which I am not sure what to fill in. The amount on the medical a...

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Requirement To Submit Supporting Documents to SARS?

  Written by Marc   Posted 12 July 2013

Hi Tim
Nice site btw!!!

I have submitted my second version of ITR12 documents (Version 1 I accidently clicked file instead of save ...yes stupid me ). I was told in a nice love letter "Requirement To Submit Supporting Documents". So I submitted the same day all my logbook pages (so much fun) and got a letter of completion yesterday

My question is: Are they done with my returns and when can I expect return.Does the version 2 of ITR12 auto trigger the "Requirement To Submit Supporting Documents" and do I have to wait 90 days? ...

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IRP5 Return 2013

  Written by Marc   Posted 12 July 2013

Hi Tim,

I have never submitted an IRP5 form on my own before and very unfamiliar with how it all works.
I earn a gross salary of R87 000 per annum.
I spoke to a someone at the SARS contact centre this morning and they asked why I would want to submit a return if I don't earn more than R250 000 per annum, I explained because I pay for medical aid.
My medical aid contribution is R1 668 per month of which my employer pays 50% and I pay the other 50%. I don't really unders...

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I clicked on the dispute option when filing my taxes and now I cant file my tax return again?

  Written by Marc   Posted 12 July 2013

Good Day Tim,

Can you please help me. I acquired assistance from a friend when filing my taxes and they made a mistake with the amount and filed the tax return and instead of requesting correction I clicked on dispute and now I don't know how to correct this. I did send through my IRP5 but I received a letter stating No Retirement Annuity contributions ever claimed - no grounds for objection. I don't understand what I should do now.

Can I claim for med aid contributions that I pay for my mum ?

  Written by Marc   Posted 12 July 2013

I pay my mums medical aid contributions every month via debit order through my bank account. It will cost me more if I add her on as a dependant on my medical aid so I got her onto her own which she is the principal member. When filing my tax return, can I claim for this and do I add the tax certicate amount together with my medical aid tax certicate and put this in the column provided. I also pay my own medical aid for myself and 3 dependants. Must I also inform my employer who works on tax cre...

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I got an IRP5, but I don't have a tax number?

  Written by Marc   Posted 12 July 2013

I would like to submit without going to tax offices?

Unemployed for part of the year?

  Written by Marc   Posted 11 July 2013

For an employee who only worked for 50% of the year but was unemployed the other 50%, would the tax liability be prorated for this individual? Is his rebate still calculated on the full year or is it pro rated?

Can I enter provident fund contributions under code 4001?

  Written by Marc   Posted 11 July 2013

I was using your tax refund calculator I see that one can enter pension contributions (4001) but not provident fund contributions (4003). Why is this? I currently contribute towards a provident fund, what does this translate to tax wise?

Depriciation as per SARS Interpretation Note 47

  Written by Marc   Posted 11 July 2013

Good day, I hope you can clarify something for me. I have claimed depriciation on a vehicle that I use 80% for work. SARS have rejected this and noted that the deduction is dissalowed. Can you advise? Thanks
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