Written by Nicci
Posted 28 January 2016
Written by Nicci
Posted 28 January 2016
I started my business a few years ago, and the accounting firm that I appointed hardly made contact. As I'm not an accountant / bookkeeper / figure orientated wizard, but rather work with tools, I have no idea what is expected. A year ago I approached another bookkeeper and he ended up taking over my books from the previous firm. A month later I had to supply docs for my personal tax submission. I then found out that I owe SARS in excess of R40K, for some issue not resolved by previous firm, and...
Written by Marc
Posted 27 January 2016
Written by Marc
Posted 27 January 2016
Hello TaxTim, for the tax year 2015 I completed my ITR12 through e-filing on the 26-11-2015, including my disability totals. The same day I received the ITA34 but not reflecting my disability & medical costs. I also received a letter to submit supporting documents the same day and did so on that same day. I also filed a NOO on the 10-12-2015 objecting the fact that they excluded the disability & medical claim/section, accompanied by the supporting documents. They send me an SMS that I have to pa...
Written by Marc
Posted 26 January 2016
Written by Marc
Posted 26 January 2016
Will be registering with SARS for income tax this coming week. Doing a temporary job for January and February. 1. The business owner is telling me that will deduct 25% from the amount agreed, although for the two months (Jan and Feb) the total amount will be below the annual tax free threshold (R73 650)
Is this correct?
2. Will I be able to recover all the TAX, which will be deducted, when I submit the tax return for 2016?
(the actual amount is R63K and my tax will be friken R15 750 in total!)...
Written by Marc
Posted 26 January 2016
Written by Marc
Posted 26 January 2016
Written by Marc
Posted 25 January 2016
Written by Marc
Posted 25 January 2016
Written by Marc
Posted 25 January 2016
I recently did my tax return for the first time as this is my second year been employed, my tax return showed -R2133 I was than asked for additional documentation I submitted my IRP5 and Medical aid certificate. After that I was selected for an audit and after about a week I received my statement of account but I still have not received my refund does this mean the process is complete? I noticed that on the statement of account under audit it says "yes". Whats does that mean and how long does th...
Written by Marc
Posted 25 January 2016
Written by Marc
Posted 25 January 2016
Written by Marc
Posted 22 January 2016
Written by Marc
Posted 21 January 2016
Written by Marc
Posted 21 January 2016
Written by Marc
Posted 20 January 2016
Written by Marc
Posted 20 January 2016
Written by Marc
Posted 20 January 2016
Written by Marc
Posted 20 January 2016
Written by Marc
Posted 19 January 2016
Written by Marc
Posted 19 January 2016
Written by Marc
Posted 19 January 2016
Written by Marc
Posted 18 January 2016
Written by Nicci
Posted 15 January 2016