Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Written by Marc
Posted 15 October 2015
Hi filed my tax reurn on 13/10/2015 got my ITA34 says SARS owes me and not selected for audit. Than on 14th I requested a statement of account showed electronic refund will be paid 15/10/2014 but later in evening of 14th got request to submit supporting docs. And ITSA still shows a minus and not selected for audit but shows that they reversed the electronic transfer for 15th and balance is still minus. And my tax return status shows Return- Asssed. I submited supporting docs 15/10/2015. Will I still get my refund? or am I in the Audit process. Thanks...
Written by Marc
Posted 14 October 2015
Written by Marc
Posted 14 October 2015
Written by Marc
Posted 13 October 2015
Written by Marc
Posted 13 October 2015
SARS has asked me to provide documentation to verify my baking details, and there is a paragraph at the bottom of the letter saying "Should you be required to provide relevant material to verify your banking particulars you are requested to submit it at your nearest branch within 21 business days, for all other verifications your relevant material may electronically be uploaded via e Filing. "
Is there no way to do this through SARS eFiling or do I need to brace the long branch queues...
Written by Marc
Posted 12 October 2015
Written by Marc
Posted 12 October 2015
Hi TaxTim,
I am a full-time student and work for a company during my free time where I do odd promotions in a month. I am earning below the tax bracket and I am being taxed 25%. I get taxed on jobs where I earn R350, R500, and R800. My question is should I be taxed even though I am way below the tax bracket? And how does it work with the tax if I do not have a tax number and the company have deducted tax but have not given pay slips yet? Can I be exempt from paying tax on a R350? What happ...
Written by Marc
Posted 12 October 2015
Written by Marc
Posted 9 October 2015
Dear TaxTim. I only recently realised that SARS have been capping my yearly travel allowance (code 3701) at R66,000 which is my monthly car allowance x 12. Thanks for your feedback on that. I do however qualify for an allowance of R100,000 per year based on value of the car and log book total vs. Business km's. When doing my onlie eFiling, the system did allow me to reduce 3601 Income and increase 3701 by the same amount that I decreased the income 3601. I am hoping that this will then prevent m...
Written by Marc
Posted 9 October 2015
Written by Marc
Posted 9 October 2015
Written by Marc
Posted 8 October 2015
Written by Marc
Posted 8 October 2015
Written by Marc
Posted 8 October 2015
Written by Marc
Posted 8 October 2015
Hi Tim
I was retrenched and received my provident payment in March or April 2014 so now for 2015 submission I submitted the provident IRP5 and I also started with a new company in October 2014. The provident fund irp no tax was deducted but for my new employer there was but is was for total income less than R75000 for the 4. 5 months. I filed my tax return and now I received a letter for Audit review. From the looks of the calculation it seems SARS needs to refund me, how long does th...
Written by Marc
Posted 7 October 2015
Written by Marc
Posted 7 October 2015
Written by Marc
Posted 7 October 2015
Written by Evan
Posted 7 October 2015
Written by Evan
Posted 7 October 2015
Written by Marc
Posted 6 October 2015
I have money due to me by SARS. After phoning and requesting why my money was not paid to me I had to go in with 3 month bank statements, certified copy of my id and proof of residence. After still not getting the money due to me I was told to email SARS stating I was not working 2008 and 2009. After doing so I received a call saying I now need an affidavit stating I wasn't working those years. I now have to go back and sit in those queues. The funny thing is the last 3 years I owed them money t...