Out of pocket medical expenses for dad not on my medical aid?

  Written by Marc   Posted 5 December 2013

Can I claim my fathers hospital bills R70 000 if I which I paid even though my Dad doesn't belong to a medical aid?

What qualifies an SA citizen to be tax exempt in any country

  Written by Marc   Posted 3 December 2013

I'd like to set up a company offshore for the tax benefits. The company operations will take place in Ivory coast, Tanzania and Namibia. How can the employees of the company (mostly South Africans) be tax exempt because they will spend the entire period working outside the country - this will serve as an incentive to work outside of South Africa.

Is it too late to submit an Income Tax Return after the deadline?

  Written by Marc   Posted 2 December 2013

am I too late to submit? If I earn R5500 per month, do I still need to submit?I dont have medical aid so do I just claim what I have spent?Up until when do I submit ?

TAXATION OF DISABILITY PENSION?

  Written by Marc   Posted 29 November 2013

Please explain the taxation of monthly disability pension payments?Please explain the taxation of a lump sum disability grant/payment?

Why is the source code 4008 not displaying on my ITR12?

  Written by Marc   Posted 22 November 2013

I have medical expenses that were paid for by me and not recovered from the medical aid. Should this amount go under 4008? Why is the source code 4008 not displaying on my ITR12?

Can I submit receipts of medical fees paid after February 2013 on or before 22/11/2013

  Written by Marc   Posted 22 November 2013

I have paid some of the medical fees from my pocket after February 2013 -can I also submit the receipts thereof on or before 22/11/2013.

Claiming medical expenses for a child with a disability.

  Written by Marc   Posted 22 November 2013

In the case of a child with a disability : The father and mother are on separate medical aids. The child with the disability is on the fathers' medical aid so contributions paid by the father does qualify. My question now is when you do the mothers' tax return do you also state that she has a child with a disability or does only the father benefit in terms of tax deductions.

Do medical aid contributions attracts perk tax?

  Written by Marc   Posted 22 November 2013

My cost to company is R25 000 and deducted from this is my medical of 3000.00, which the company pays over on my behalf and company does not contribute towards it - is this 3000.00 taxed as a perk tax?

MEDIF01 all members for every month or numnber of members that visit the doctor for a specific month

  Written by Marc   Posted 21 November 2013

I have 5 members on my medical aid discovery health
On the Medif01 do I fill in all the members for every month which is 5 or number of members actual doctors visits for the month?

My employer pays my med aid but its my money, how is this a fringe benefit?

  Written by Marc   Posted 21 November 2013

My employer pays my medical aid contributions but its coming out of my pocket. (CTC) it shows as income on my payslip. I incurred R7000 worth of medical expenses and am not getting anything back, is this correct.

Upon filing return received immediate IT34 notification of owing 13k makes no sense ? What do I do ?

  Written by Marc   Posted 20 November 2013

I just completed my return, I pay huge amounts for medical aid and also paid in additional R10 000. As I filed it instantly sent me an IT34 saying I owe them R13 133. I am in shock, don't know what to do I don't earn a massive salary and spend hundreds on medicines I have to use each month please help !!!

How will my tax work when I work in SA for a foreign based company?

  Written by Marc   Posted 20 November 2013

I will be working for a UK based company from my home in SA. It is a very small business my sister has opened. I will be receiving foreign currency in either dollars or euros. I will earn a monthly salary. Will I pay normal tax? Will I pay tax in UK before I get my salary? How will this work for me? How will I get an IRP5? I wont be getting R250k per year but I am already a registered tax payer with the company I currently work for. I registered and submit returns every year even though I dont ...

Read more →

Can I claim a tax deduction due to the contributions I've made to her medical aid?

  Written by Marc   Posted 20 November 2013

I wonder if you can help me. My wife works for Nedbank (NedGroup medical aid scheme)and I am on her medical aid, but I pay my contribution to her.
Am I allowed to claim a tax deduction because of the fact that we pay a monthly fee. On her IRP5 it says:Source code:4474=R16017(Employers med/aid contribution in respect of the employee) and 4005=R16017),total deductions(4497)=R32034.She does not claim any of the contributions.

Fringe Benefit - Insurance policy

  Written by Marc   Posted 19 November 2013

My employer has included an amount in my IRP5 under income - fringe benefit, using source code 3801. This amount is for the contributions the company made on my behalf to a funeral and disability insurance policy. Is the source code used correct?
I contact the payroll department and they informed me that my IRP5 is correct as is.
When I look up the source code I see that it's for: "Assets acquired at less than actual value"

Can I claim out of pocket medical expenses paid by me and not the medical aid?

  Written by Marc   Posted 18 November 2013

I would like to know if I can claim for medical expenses incurred this year from SARS?

I do not have a medical aid, I pay all my medical bills from my pocket

Medical deductions, what are we allowed to deduct?

  Written by Marc   Posted 16 November 2013

What is the definition for 'qualifying out-of-pocket' medical expenses ? So, what qualifies ?

Why cant I get any tax refund when I have medical aid?

  Written by Marc   Posted 16 November 2013

hi Timam worried cause its my second year of submitting tax returns and I still got nothing,my employer pays 60 percent of my medical aid and also contributes to my pension fund,i have stopped paying for my retirement fund 5 years ago.all my colleagues get something except me,at the moment I owe SARS R180.00,where does it come from,with medical aid and tax contributions I believe I deserve something.I have finalised my divorce 12 months agopls help me understand

Medical Deductions - Source Codes 4040 and 4020

  Written by Marc   Posted 15 November 2013

I have incurred medical expenditure for the tax year ?%u20AC%u201C I have bills that I paid out of my own pocket, which my Medical Aid did not cover adding up to R7122 and I have an Income Tax Certificate from my Medical Aid with the amount of R6686. Also there are amounts on my IRP5/IT3(a) Employee Tax Certificate next to the codes 4005 and 4474.
Questions:
1. Should my bills add up to the same amount that appears on my Medical Aid Certificate?
2. Do I leave code 4040 blank and ...

Read more →

Can't see 'Other deductions' in eFiling, how do I fix that?

  Written by Marc   Posted 12 November 2013

In the deductions section of my tax return, I can only see the medical deductions and not any of the other deductions... How would I get this section visible on the eFiling?

Problem with eFiling Tax calc?

  Written by Marc   Posted 12 November 2013

When submitting my eFiling I am unable to enter my Travel Claim details. Also, when I look at my Tax calculation there is a R0 total shown next to Medical Expenses.

Can you submit medical bills that was settled by yourself?

  Written by Marc   Posted 12 November 2013

Can you submit medical bills that were settled by yourself?

Where do I fill in medical expenses on ITR12 on eFiling?

  Written by Marc   Posted 12 November 2013

I am signed up with SARS eFiling and my ITR12 is there under returns issued. I need to add medical expenses etc in somewhere but don't know where to do this? Please advise?

Do people get such a big refund from SARS?

  Written by Marc   Posted 11 November 2013

Is it possible that year I can get a refund of almost R35 000? I have put in all my incomes and expenses...but am a bit worried. I do have a directive and am claiming for certain expenses as a sole commission earner. Last year was a refund of only a few thousand rands, same as previous year and year before that I had to pay in R55 000 or so as I was new to the whole directive thing and I chose the wrong %. So since then I made sure boss takes off lots of tax.

I am 67 years old, can I claim medical expenses not on script and not covered by medical aid?

  Written by Marc   Posted 11 November 2013

I am 67 years old and need to know whether I can claim medical expenses that are not on scripts and not covered by my medical aid.

how to get IT34 From SASSA?

  Written by Marc   Posted 7 November 2013

I have been asked to send IT34 by my medical scheme in order to processed a document, so how can I get hold of that ITA34?
Older posts →← Newer posts    19  20  21  22  23  24  25  26  27  28  29  30  31  32  33  34  35  36  37  38  39