Do you submit my tax return automatically once done to SARS?

  Written by Evan   Posted 13 November 2015

I have just completed my tax return with TaxTim's help and I've paid via EFT. Will my tax returns be automatically submitted to SARS? What is the process now?

How to calculate deductions for a director who does not draw a salary every month

  Written by Evan   Posted 12 November 2015

I am doing basic bookkeeping functions for a company. The director has never drawn a salary but intends to do so for the next 2 months at R50000 per month. How do I calculate the deductions and pay UIF etc. over to SARS?

Supporting documents for capital gains

  Written by Evan   Posted 12 November 2015

I just got notified that you submitted a revised ITR12 which records the primary residence exclusion of R2000 000. The new ITA34 I received now reflects an amount of -R14 290. 15. But now I am being audited. They are not clear on the documents that I have to submit. They ask for my IRP5, medical aid certificate, IT3B tax certificate. With regards to the capital gains part, there are no specific requests. Should I submit the final statement of accounts for the purchase and sale of my former resid...

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Requests for documents

  Written by Marc   Posted 12 November 2015

I submitted my forms and got asked to submit some documents, which I did, but I'm not sure I did it correctly, as I haven't gotten any feedback after the first requests for documents. How will I know if they need more from me? Must I call them? I'm scared that they will fine me. Regards

Due date for ITR12 as a Provisional Taxpayer?

  Written by Marc   Posted 12 November 2015

Have submitted my two Provisional Tax tax returns for this year already, and still need to submit my ITR12. When is that due? It's the first time I'm doing it myself after getting rid of my accountant. Also if I decided to get TaxTim to do it, what all would I need in terms of documentation, and how simple is the process through your guys?

Resigned how to get refund from SARS?

  Written by Marc   Posted 11 November 2015

I resigned from work,how do I know I am eligible for return from SARS

Sale of primary residence

  Written by Marc   Posted 11 November 2015

My question relates to the sale of my primary residence in 2014 that I owned with my former spouse. We sold it upon divorce and shared the proceeds 50/50 after paying off the bond and other debt. The purchase price of the house was R1 875 000,00, transfer duty R67 000, transfer fees R17 000. What is the base price that I should put down in my tax form? Is it R1 875 000,00 (the amount that excludes transfer duty and transfer fees)? The house was sold for R2 400 000, 00. With refunds from bond etc...

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Notice from SARS

  Written by Marc   Posted 10 November 2015

Good day, SARS sent me a notice for an additional assessment on my SARS eFiling; what does this mean and what should I do?

This is for my 2015 tax return that you guys sent to them. Regards,

How long does it take for SARS to refund funds ?

  Written by Marc   Posted 10 November 2015

IF the amount on the tax return show a - that means that you will receive funds, correct. My question is how long does it take, because when you call SARS call centre they said 6 working days. If it's not truth why say it.

IRP5's

  Written by Marc   Posted 10 November 2015

SARS are requesting IRP5's from me for 2006 & 2007 before they will release a refund for my current 2015 tax return. Problem is I don't have the IRP-5's anymore and neither does my employer. For what period are they supposed to keep it on their records? Please advise because I don't know what to do now.

Medical costs for operation not paid out by Medical Aid

  Written by Evan   Posted 10 November 2015

Hi I have a question regarding medical claims not paid by the medical aid. I had a c-section operation in 2014. The Doctor put in a claim of R13k and the medical aid made a payment from the scheme of R3K, leaving a balance of R10K. The amount for unpaid claims on the medical aid certificate for the 2014/2015 tax year is only approx R4K.

Should this R10K amount of the c-section be added to the medical claims not paid by the medical aid? Tax Code 4020 becomes R4K R10K = R14K. What abo...

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PAYE/ Tax on Commissions

  Written by Marc   Posted 9 November 2015

I am paying employees a monthly salary as well as commissions on top of the monthly basic. Do I have to deduct PAYE separately from monthly basic and then using a different PAYE/ Tax Rate for the commissions?

Commissions are available every month, however not every month has commissions paid to the employee. What would be the easiest and best way to understand this as well as being as SARS compliant

A Earns R60Kpm & pays R7Kpm to medical fund,A is married with 2kids,Wat is his tax credit for 2016

  Written by Marc   Posted 9 November 2015

An individual aged 45, married with two small children, is a member of a medical aid fund. He earns a salary of R60 000 per month. He pays R7 000 each month to the medical aid fund throughout the year of assessment ending 28 February 2016. What is the monthly amount of his the medical scheme fees tax credit for the year of assessment ending 28 February 2016

Must I submit returns for previous years when I earned very little? (single income, no claims)

  Written by Marc   Posted 9 November 2015

After phoning SARS about an eFiling problem (presently 2015), I was told by the consultant that my tax return for 2013 was overdue. I responded that I hadn't been making anywhere near the tax threshold that year, and that various SARS website material, tax-consultants & SARS consultants over the years had confirmed as much (single source income, no med-aid, no R/A, no travel, no NPO-PBO donations, etc). He responded that everyone had to submit a tax return every year, regardless of how much they...

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Must I still pay tax if company deducts PAYE?

  Written by Marc   Posted 8 November 2015

Must I still pay tax if my company deducts PAYE?

How can I find out why I'm being audited?

  Written by Evan   Posted 6 November 2015

I've done my tax return Ok. I received an SMS that I am being audited and that I will receive the amount of refund on 1 Dec. Why must I wait so long, and how can I find out why I'm being audited?

Lapses on cancelled policies

  Written by Evan   Posted 6 November 2015

I am at the part on my tax return which asks - Did you receive any money for work that you were taxed on, or money for restraint of trade, which you then had to give back to your employer? These are amounts refunded as per s11(nA) and s11(nB).

I am currently a financial adviser and we incur lapses on policies that were cancelled. This money is taken away from us. Do I use that amount here?

What does "auto finalised" mean?

  Written by Evan   Posted 6 November 2015

My son has been audited, then it went to anther department, that department said that it would be auto finalised 28/10/2015, but still no money...

Do I submit returns for the years in between a full-time job where I studied and worked for myself?

  Written by Marc   Posted 6 November 2015

What happens if I started my first full-time job at the beginning of 2012 and submitted my tax return correctly (getting no refund, of course)... But then I quit the job in January 2013 and went back to study for the year of 2013? I assume I didn't have to submit for that year off? (I didn't). I then started freelancing and working for myself throughout 2014. Do I need to submit a tax return for 2014, even though as a freelancer I made less than the threshold?

Can use of vehicle be classified as fringe benefit

  Written by Evan   Posted 5 November 2015

Directors purchase 2 luxury motor vehicles on company name. But the installments are being paid off the directors loan account. SARS raises an assessment on the directors personal capacity stating understated PAYE. Can SARS do this? Can an objection be raised?

Rental income In Community of Property split not recorded on IT34

  Written by Evan   Posted 5 November 2015

On my IT34 - for my rental income profit - SARS did not perform the 50-50 split for being married in community of property and so the full amount was used to calculate my tax owed. Would I file a dispute claim for this? It seems strange that last year SARS did the 50-50 split and this year they haven't.

Can I claim gap cover on my tax return?

  Written by Evan   Posted 5 November 2015

I had depleted my savings last year on my medical scheme and had a self payment gap to cover and then annual threshold benefits would kick in. Can I claim the self payment gap on my tax return?

Is a UK property sale liable for SA CGT

  Written by Marc   Posted 5 November 2015

I've recently sold a property in the United Kingdom, and transferred the proceeds thereof over to South Africa. I'm a South African citizen, registered with SARS. Am I liable to pay capital gains tax here in SA?

Pay income tax

  Written by Marc   Posted 5 November 2015

I pay tax from my salary, that's what it says on my payslip, do I further need to pay income tax this year if I only started worked under 6 months and earned R58330 as a whole (without deductions)?

Medical not included in salary

  Written by Marc   Posted 4 November 2015

For the last few years my employer didn't include their portion of my medical in my deductible salary, so there was no PAYE paid on it. I did receive my annual paybacks from SARS on the medical tax certificate I submit through our accountant. Now I owe SARS money and my employer is expecting me to pay it back. Am I liable for this even though it was not a mistake on my side?
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