What must I do or what is the next step after receiving a letter(completion letter) from SARS?

  Written by Marc   Posted 4 July 2013

I filed my taxes and documents were requested by SARS which I sent through. I received a letter called a completion letter. THis is what the letter says " 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....

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What is Allowable medical Deduction?

  Written by Marc   Posted 4 July 2013

When I submitted my tax return via SARS efiling last year, my tax calculation document stated that I had an "Allowable medical Deduction" (code 4008) of R8640. I am on private medical aid and my employer doesn't make contributions to my medical aid.

This year, (even though my total contributions (code 4040) for 2012/2013 have been higher), my "Allowable medical Deduction" is R0. What is this "Allowable medical Deduction" and how is it calculated?

As the Tax Practitioner, how do I file clients returns using SARS eFiling?

  Written by Marc   Posted 4 July 2013

As the Tax Practitioner, How do I File clients returns using SARS eFiling? I'm registered as a tax practitioner and I can file my return but the question is, how do I do it for my clients?

I'm on a commission only based income - my income varies substantially monthly what should I be taxe

  Written by Marc   Posted 4 July 2013

One month I could earn R20,000.00 and the next month R5,000.00 I get no basic, allowances, pension, medical etc

Finger error on eFiling, can i resubmit my tax return?

  Written by Marc   Posted 4 July 2013

By mistake when I want to press query button on my eFiling page to query my tax return status by SARS. I pressed the correction button, will it have any effect to my tax been filled already and if how must I remove it?

Do PTY LTD companies who have paid dividends have to issue their shareholders with IT certificates?

  Written by Marc   Posted 4 July 2013

With the introduction of new dividends tax, shareholders have been taxed before their dividends are paid to them. Does the company who has paid the dividends and paid the tax to SARS now have to issue certificates to the individual shareholders confirming how much tax has been deducted? If so which certificate must be issued?

How do I claim for buying a house?

  Written by Marc   Posted 4 July 2013

I am a freelancer in the film industry. I have been told that I can claim back for buying a house and renovating it. Is this true? I would also like to claim back for my car expenses. I have receipts for fuel and maintenance and my opening and closing kilometers for the tax year. I'm not sure how to fill in the log book though, do I need to fill in for each trip?

How do I unlock my eFiling?

  Written by Marc   Posted 4 July 2013

i forgot my login and passeowd

I don't have an IRP5 option and when I click on returns issued nothing happens?

  Written by Marc   Posted 4 July 2013

I have not used e-filing while.

What is an ITA34 for SARS purposes?

  Written by Marc   Posted 4 July 2013

What is an ITA34?

Leave pay

  Written by Marc   Posted 4 July 2013

I work as an sales rep. I don't know how to call this. At my previous employer I got a (leave pay bonus) if I took leave. They explained it to me at the time that because I work for commission that I was entitled to the (bonus) as if I made a sale in that month so they paid me this (leave pay)

My new company does not know what I'm talking about and my previous employer has closed down.

Do you maybe know what I'm talking about?

HI TIM, Wonderful Blog

  Written by Marc   Posted 4 July 2013

I worked in South Africa for 44 days in the Financial Year 2012-2103. I went back to India.
Recently I have efiled my Income tax return via online from India and I got ITA34 with the refund amount of Rand 7288.
With in a Minute I got email from SARS to submit few Support documents. I confused what are all the document I have to submit.
So I have submit the below document.

1) IRP5_IT3a
2) Discovery_Certificates
3) IT34
4) The document which I got from SARS regarding Support Document uploads...

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My Old Employer's Accountant is refusing to issue me with an IRP5

  Written by Marc   Posted 4 July 2013

My Old Employer's Accountant is refusing to issue me with an IRP5 based on an old salary dispute. How should I handle this? It has been submitted to SARS as the information appears on my ITR on E-Filing. I'm scared to submit the return without having the IRP5 incase I get audited. Help!

How do I download my medical aid tax certificate via eFiling?

  Written by Marc   Posted 4 July 2013

I have done my return on eFiling however it is not complete because I have a medical tax certificate which must be added....it has been scanned.

What is the tax implication if have use of a company car? and can I claim any deductions on my ITR12

  Written by Marc   Posted 4 July 2013

What is the tax implication if have use of a company car and can I claim any deductions on my tax return. Do I have to keep logbook?

When submitting return what documents do I need to have?

Medical Credit

  Written by Marc   Posted 4 July 2013

Hi Tim. Love the website!
So, what in essence is happening is: Unless your Over 65, Disabled, Very Sick and your Out of Pocket expenses are ridiculously high and your salary very low and you contribute to 50 dependents your not going to get your refund?
Does SARS realise that this is the one time per year that regular salary earners can look forward to getting something back and now they have very cunningly taken that away from them and put that money back into their own pockets?!

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Do I still have to register with SARS and fill in a tax return?

  Written by Marc   Posted 4 July 2013

In 2012 I was paying PAYE, I got an IRP5 from work but did nothing with it as I didn't know what it really was. Then in February 2013 they raised the threshold and I no longer earn enough to pay tax. Should I still fill in a tax return for 2012? Will they charge me late fees for this?

How do I change my banking details at SARS?

  Written by Marc   Posted 4 July 2013

I registered with another account and now it has changed I have a new one how do I consult SARS?

I started receiving my salary on June 2013 must I submit a tax return?

  Written by Marc   Posted 4 July 2013

I am a new graduate and just found a job and will receive my first salary on July 31st 2013 so I would like to know if I should submit a tax return?

Rebates

  Written by Marc   Posted 3 July 2013

I just requested a calculation on my tax return and I had to get a 7500 refund. So I submitted. Now that I have submitted my ITA34 says I'm only getting a 1500 refund. My taxes are up to date and I don't owe SARS anything. How do I go about this?
It looks like it has something to do with rebates? What is rebates?

Should the loss incurred be excluded (ring-fenced) for the calculation of your tax liability?

  Written by Marc   Posted 3 July 2013

After declaring my rental income and expenses on the ITR12, I'm presented with this question after specifying the source code (which I assume is 2533). Which should I choose and what is the effect of the two answers?

What is the tax rate on a second income?

  Written by Marc   Posted 3 July 2013

If I'm wanting to take on another part-time job, how will I be taxed. I think my net will be R7000 for both?!

What is a tax practitioner?

  Written by Marc   Posted 3 July 2013

I have no idea what to select on the sars eFiling website.

What is the correct code for tax return completion for a severance package received if retrenched?

  Written by Marc   Posted 3 July 2013

Should a package offered by an employer to an employee that gets retrenched (un-voluntarily) be recorded in the IRP5 under code 3901 or a different code?

Will TaxTim allow you to add Medical Aid, RA's,Mileage and other investments like ETF's?

  Written by Marc   Posted 3 July 2013

I am under the impression TaxTim will easily allow you to add Retirement annuities and medical aid but how does the system work with Mileage that needs to be claimed as well as ETF's Like Satrix top 40 when you have to add it under Gross income and then taking it back under s10(1)(k).

Or have I lost the plot completely?

Regards
Edwin
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