Written by Marc
Posted 14 August 2013
Written by Marc
Posted 14 August 2013
Written by Marc
Posted 14 August 2013
Written by Marc
Posted 14 August 2013
Written by Marc
Posted 14 August 2013
Written by Marc
Posted 14 August 2013
Written by Marc
Posted 14 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Hello, Within the last tax year I changed jobs and in doing so had to transfer my pension fund from my former employer to my Retirement Annuity as my new employer does not offer a pension fund. On my ITR12 issued on e-filing I can see this lump sum pension fund amount reflected on a separate page with a directive number. Also I received a certificate from my Retirement Annuity institute reflecting my contributions for the tax year and this included the lump sum the I transferred.
My ...
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Hi there,
Im looking to buy property later this year and my girlfriend says I need to start filling in tax returns. I have never done this before, always been sort of under the radar, but now starting to worry that I might get into some sort of trouble.
I do have a tax number, pay UIF and PAYE which all comes off my salary and I get my IRP5 forms yearly. I will be subscribing to TAXTIM to assist me from now on, but what if I somehow owe SARS a stack of money for never ever filling in the returns?...
Written by Marc
Posted 13 August 2013
Hi Tim
I have a question:
I have submitted my tax return on the 1st August 2013 then on the 3rd of August they asked that I should upload all my documents. It is now the 13th of August and I have not heard anything yet from SARS. On my e filing my SARS status says "AVS bank with AVS verification pass" and my e filing status says "Assessment received". I have not changed my banking details recently, so I do not know what is up.
I tried to call the call centre but after holding on for 20min with no one picking up I gave up....
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Written by Marc
Posted 13 August 2013
Hi Tim,
I submitted my return and was asked for supporting docs which I duly submitted. Today I received a Completion Letter from SARS and just uploaded it to find the following:
-------------------
Dear Taxpayer
VERIFICATION OF ASSESSMENT
We refer to the verification of your assessment for the 2013 tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required....
Written by Marc
Posted 12 August 2013
Written by Marc
Posted 12 August 2013
Written by Marc
Posted 12 August 2013
Hi there,
Which expenses may be deducted from rental income? Repairs, levy, rates & taxes?
Also, for this particular property, we lived there for 6 months of the year, so can we claim 100% of the expenses incurred for repairs even though we only earned rental income for 3 months of the tax year?
Also, my husband and I are both owners of this property, can I include this property on my tax return only or do we need to split the gain/loss made?
Thank you! ...
Written by Marc
Posted 12 August 2013