Interest before death of spouse and thereafter on the tax return?

  Written by Marc   Posted 27 August 2014

I have to complete a ITR12 for a deceased lady, who only received interest income together with the husband.
They are married in community of propery.
How is the before and after death interest shown on both returns

Medical credits incorrect on IRP5?

  Written by Marc   Posted 27 August 2014

Can you please assist me. I have noticed that my medical tax credits on my IRP5 is incorrect. What would the reason be for the different amount on my IRP5? Can I change it to the correct amount according to the number of dependents including me on my medical aid certificate? I am sure if I change it SARS will them audit me, which will be fine as I can provide the medical aid certificate stating the number of dependents.

Correcting your surname on SARS registered details?

  Written by Marc   Posted 27 August 2014

My ITR12 has been filed. My surname is spelt incorrectly. Two letters are swapped around. How can I go about correcting this?

How long does it take to get a refund after I receive an assessment statement after an audit?

  Written by Marc   Posted 27 August 2014

I filed my return for 2014 and was due for a refund,then my statement showed an outstanding return for 2007,which I had initially filed in 2008 but it appeared there was a technical error. I then called SARS and e-mailed the error message to them and they fixed the problem and issued a revised return which I then filed on the 13th of August 2014(using the self help option with a consultant from SARS. The 2007 statement also showed that I was due for a refund but I was selected for an audit for t...

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Overpaid on second ITA34?

  Written by Marc   Posted 26 August 2014

I paid the full amount indicated on my second ITA34 (instead of my actual "balance"), but now I realise I paid too much. Will SARS refund me the difference?

IRP5 treatment of retirement lump sum benefits

  Written by Marc   Posted 26 August 2014

I resigned from my employer in the 2014 y.o.a and took the full withdrawal from my provident fund with the company. The IRP5 received from the company does not include the retirement lump sum benefit received. Would it be correct to include the lump sum payment under code 3901 and claim a deduction as per the directive under code 4115?

As an individual and not a company. How many years must I retain my returns and supporting documents

  Written by Marc   Posted 26 August 2014

As an individual and not a company. How many years must I retain my returns, medical aid certificates etc.?
Straight forward no expenses.

How to calculate SITE AND PAYE ?

  Written by Marc   Posted 26 August 2014

I was earning R145 000 ,00 as an individual, what will be my site, for the financial year ended February 2014? My provident fund contribution was R4860,00 per annum.

Awaiting my tax refund from SARS?

  Written by Marc   Posted 26 August 2014

I filed my tax return on the 1st of July 2014. I still did not receive any feedback from SARS. I was
selected to send my documents through. I sent them through on the 8th of July. My eFiling status is: "correction filed" What does this mean and How long am I still going to wait???

Correction filed with SARS?

  Written by Marc   Posted 26 August 2014

I made a correction to my 2012 tax and sent the requested documents, after about 2 weeks I received a letter of completion but its been a week now and still haven't received refund. How long is it suppose to take after receiving letter of completion?

How to calculate tax payable on CGT for tax year 2015?

  Written by Marc   Posted 26 August 2014

How does one calculate tax payable on CGT for tax year 2015?

Freelance online income -qualify for turnover tax?

  Written by Marc   Posted 26 August 2014

If I earn my income doing admin and bookkeeping through Odesk(an online service) from home, do I qualify for turnover tax? I would really appreciate an answer. Thank you for your service. It has helped me in the past.

I earn very little.

  Written by Marc   Posted 26 August 2014

I work in a dvd/ internet cafe, I only work 12 days a month and my salary is R1500. Is my salary supposed to be so low. My rent is R800.

May I claim for paying my wife's medical aid?

  Written by Marc   Posted 26 August 2014

I pay my wife's medical aid each month. I transfer the funds to her savings account and the medical aid deducts the premium from her account via debit order. May I claim for these payments on my tax return?

Tax refund from previous years?

  Written by Marc   Posted 25 August 2014

I have never claimed tax sins I started working and would like to claim this year . Will I get money back from the previous tax return years?

Can I claim work related bank fees?

  Written by Marc   Posted 25 August 2014

Making withdrawals from a PayPal account into my SA bank account incurs FNB transaction fees that run me a few hundred rand every month. 100% of my funds in my PayPal account are earnings for freelance jobs I do online, so can I claim those FNB fees since it is basically an expense to get my income into the country?

Changing a tax return already filed

  Written by Marc   Posted 25 August 2014

I did not make a claim for medical expenses on my 2013 income tax return which I filed a year ago. I have now discovered that I could have claimed a deduction for medical expenses in excess of 7.5% of my taxable income. Can I change a tax return that has already been submitted to SARS, and if so, how do I do this on eFiling and how is this likely to be viewed by SARS?

Original Amount still owed to SARS after re- submission with medical costs paid

  Written by Marc   Posted 25 August 2014

I want some clarification as I am confused after having spoken to SARS today. I queried the amount they say I owe for my 2013 Tax return. Which I submitted in 2013 and then requested a correction now in July as I had not put in medical aid expenses I paid on my own and the number of members for my medical aid was stated as 1 instead of 2. When I submitted the frst one in 2013 I owed them about R3100- nw after the correction and it been audited they owed me R2700....what surprises me is that th...

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ITA34 dispute?

  Written by Marc   Posted 25 August 2014

When is the ITA34 disputed and why is do u dispute it?

I don't understand what an ITA34 is?

  Written by Marc   Posted 25 August 2014

What is an ITA34?

my taxmumber

  Written by Marc   Posted 25 August 2014

I m looking 4 my tax number please help?

How does tax work on your salary, plus overtime plus commission?

  Written by Marc   Posted 25 August 2014

I need to find out, if I earn around R5400 a month and I get over time and commission and my salary then shoots to R6800.00, should I pay tax and how much tax?

Not employed, do I still have to file a tax return?

  Written by Marc   Posted 25 August 2014

How do I prove to SARS that I was at home with my children and not working?

Primary Residence Capital Gains Question?

  Written by Marc   Posted 25 August 2014

If I rented out my primary residence in JHB, while myself renting another property in CT (in lieu of my primary residence) for a period of 6 years, and then sold the primary residence in JHB to buy a primary residence in CT - am I liable for Capital Gains tax on the primary residence in JHB?

What is SARS refund review?

  Written by Marc   Posted 25 August 2014

I've been selected for an audit and SARS requested supporting documents which I sent. When I called the call centre they said it will take 30 working days to be finalised.

I called again after 30 working days and they said iv been selected for a refund review and it will take another 30 working days to be finalised.

I don't understand what a refund review means? Did I do something wrong? Please help.
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