Can I claim tax this year?

  Written by Marc   Posted 6 September 2014

Can I claim back this year's tax?

Objection allowed, how long before SARS refunds me?

  Written by Marc   Posted 6 September 2014

I completed my 2014 tax return in July, but was then chosen for audit. After receiving a finalisation letter, I was chosen for a 2nd audit and requested to send more doc's. eFiling however was not "opened up" so the doc's could be uploaded, and an ITA34 was issued without the necessary doc's. I disputed the assessment, and received a notification that the objection was allowed on the 3rd of September. How long will it now take SARS to refund the money into my account?

eFiling restricts the way in which the different methods of calculating CGT may be entered?

  Written by Marc   Posted 6 September 2014

There are 4 methods of calculating CGT. A primary residence sale using method 1,2 or 3 shows a capital gain. eFiling appears to restrict the manner in which the figures may be entered. How may I enter one or other of the methods of calculating the gain?

When must I expect refund if I am selected for audit?

  Written by Marc   Posted 6 September 2014

I went to do my return on the 26 July 2014, I was selected for audit and I got the msg that I have refund so I am asking when am I going to get my refund coz its now long over due?

How long to wait for refund after change of banking details at a SARS branch?

  Written by Marc   Posted 5 September 2014

Afternoon, I submitted my IRP5 at SARS Springs branch on Tuesday 2/09/2014 and I got an sms that there's money due to me few minutes after submitting. Then I went back to SARS Springs on Friday 5/09/2014 to change my banking details because I realized that I have changed my account from savings to cheque last year November but didn't update/ change it with SARS. I would like to know if it's still going to take 48hours to get my refund paid out into my account.

what is the english abbreviation of "LBS Aftrekkings"

  Written by Marc   Posted 5 September 2014

What does the term/abbreviation in afrikaans "LBS" mean or the english word for "LBS"

Use of employer Owned cellphone for fringe benefit purposes?

  Written by Marc   Posted 5 September 2014

We have entered into 20 cellphone contracts with a service provider this month. We will be giving our staff members employer owned handsets to use for work purposes ie business calls, work emails. These will come with R100 airtime, 300MB of data, 25 sms per month. We will be paying R280 per phone pm.

Please advise on whether this fringe benefit is fully taxable. Someone from SARS just told me that it is but I don't believe him.

Still no refund paid 1.5 months after completion letter from SARS.

  Written by Marc   Posted 5 September 2014

I filed my tax return on 14-7-2014, got a completion letter on 25-7-2014 with an amount payable to me. On my eFiling tax workpage it says under Sars status: "Return ?%u20AC%u201C Data Submitted To ITS". They still didn't pay the money into my account. I phoned Sars and asked what the problem was and they only replied that it sometimes takes as long as 30 working days from the date of filing.
I still didn't get the money. What can I do next?

How do I go back on the tax return process?

  Written by Marc   Posted 5 September 2014

How do I go back on the tax return process on TaxTim?

If I can only submit a medical certificate without slips when they audit you?

  Written by Marc   Posted 5 September 2014

If I cannot provide all the slips of my medical contributions only the medical certificate what is going to happen?

Tax responsibility on inheritance.

  Written by Marc   Posted 5 September 2014

I inherited R96 000.00 from an estate. What is my tax responsibility? The estate's worth is 1 300 000.00.

Retirement annuity value entered on automated web form

  Written by Marc   Posted 5 September 2014

when using your online forms, one of the questions is if I paid for a retirement annuity. How do I enter R1310.94. It wont accept the .94. Must I round it up or down

Please help me get a tax number?

  Written by Marc   Posted 4 September 2014

I never worked in my life! And applied for a job now they ask for a tax number how do I get one?

SARS tax on R2 588 819 on resignation

  Written by Marc   Posted 4 September 2014

How much will SARS tax on R2 588 816 lump sum on my resignation from government. I intend resigning by 28 February 2015

What does it mean when SARS say they issued a correspondence?

  Written by Marc   Posted 4 September 2014

I received this message from SARS. SARS has issued correspondence for xxxxxx - xxxxxon SARS eFiling which requires your attention. To view this, kindly log into your eFiling profile.

Tax reassessment - after I have submitted to SARS?

  Written by Marc   Posted 4 September 2014

I have submitted my tax return and was owed by SARS then was asked to submit supporting docs. I submitted the docs but still waiting for one doc from the company I used to work for. Now when I try to submit the outstanding doc I discovered that I have been assessed and I owe SARS now. The 21 days are not yet over and I cant ever ask for correction. Is there a way I can submit this outstanding doc and get a reassessment?

How does it influence one's tax return when one earns two incomes/salaries?

  Written by Marc   Posted 4 September 2014

I recently started with a new job. I have 2 half-day jobs. One in the morning and another one in the afternoon. Can you tell me how my personal tax calculations will work now?

Is it worth filling in a SARS tax return now?

  Written by Marc   Posted 3 September 2014

I have been working here in South Africa since 2012 and paying my income tax, but I have not filled in a tax return even once, so may I start filling a tax return now? I do have my tax number.

How long to wait for my refund from SARS and what must I do?

  Written by Marc   Posted 3 September 2014

On 01/07/2014 I have submitted my returns and then I was selected for audit the next day later I submitted my supportive doc.31 days later I received a letter from SARS which state verification of assessment is complete. I then went to SARS head office to find out if there is anything they will need from me after receiving a letter of verification and they said No my money will paid to me after 21 working days now 21 days have passed by and I phoned SARS to find out why my refund is still not pa...

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I need my tax number now?

  Written by Marc   Posted 3 September 2014

How can I get my tax number now over the phone?

do I owe SARS money

  Written by Marc   Posted 2 September 2014

received an sms from SARS for -R1185 due to me .... Date of payment 2014-10-01 and 2nd 2014-10-31...what doe this mean ?

Where is "request correction"button I made a mistake which I discover after submitting

  Written by Marc   Posted 2 September 2014

Hi Tim I hope you can help me! I submit a form with a incorrect amount to SARS on eFiling. You said I must click on the "request correction" button, but I already submit it and then I discover my error, I do not see the "request correction"button?

Foreign subsistence allowance code

  Written by Marc   Posted 2 September 2014

What is the difference between tax codes 3714 and 3716 for allowances. Is it true that code 3714 has now replaced code 3716 since 2010, for foreign subsistence allowance?

What is the tax on my December bonus?

  Written by Marc   Posted 2 September 2014

What would the tax implication be on a bonus in December? My salary is R4950 pm.

What is my tax reference number?

  Written by Marc   Posted 2 September 2014

I seem to have lost my tax reference number and I'm having problems locating it. Please can you help.
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