Need letterhead with taxnumber?

  Written by Marc   Posted 15 October 2015

Where can I find a letterhead with my tax number on?

After audit is done and not calculations were changed by SARS how long before refund is done?

  Written by Marc   Posted 15 October 2015

Good morning, my dad is 81 and his docs were requested for an audit which we uploaded via eFiling. We received notification that his tax has been finalized and no adjustments to the calculations were made. This was already in the middle of September. We have not had any further correspondence and the R824. 00 rand have not yet been refunded to him. Is there something I must do? Does these refunds take a long time to be paid over?

Are there issues with turnaround times and risk of SARS breaching them?

  Written by Marc   Posted 15 October 2015

My tax return was singled out for verification. I submitted all supporting documentation on the 14th September 2015. I am now sitting on 23 working days and have heard nothing from SARS. Are there issues with their turnaround times this year and also, does the 30 days imply that my refund will also be issued within this timeframe?

My ITSA shows minus and not selected for audit but they requested supporting docs Return-Assessed

  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...

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Agent fees and tax declaration

  Written by Marc   Posted 15 October 2015

If you receive income via an agent which has not been taxed, what is the income declared? Eg: I get paid R10 000 for a job. The agent takes R2000. Do I declare R10 000 or R8000 as income earned?
Also, what proof do I have to show this if audited?

Email address to submit IRP5 corrections to SARS

  Written by Marc   Posted 14 October 2015

I have submitted my tax form incorrectly, please can you send me an SARS email address to forward and attach the correct documentation along with a letter.

Where do I obtain my own IT3 a form?

  Written by Marc   Posted 13 October 2015

I am the only member of a CC. I am self- employed. I need to issue myself with an IT3a form. How do I do this? I have been drawing a small amount from the profit when there is one. I do not draw a salary. SARS is requiring this document for each year I have submitted.. Since 2010. I am confused about this requirement.

Going in to SARS or not?

  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...

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Change banking details

  Written by Marc   Posted 13 October 2015

Can I change my banking details while SARS is reviewing my assessment?

Claims for home office expenses

  Written by Marc   Posted 13 October 2015

I am a salaried employee of a large corporate company, but I also earn commission from a part-time business, for which I have a dedicated office at home. This commission is paid into my bank account and I receive an IRP5 for it. Am I allowed to claim expenses like telephone, stationary, renovations in the home office, catering expenses, etc?

How long for money into my account from SARS as my refund?

  Written by Marc   Posted 12 October 2015

Hi my accountant rang me fri to let me know he's asked for money to be paid into my account as everything is finalised how long does it take please?

Full-time student, earn below tax bracket can I be taxed 25% per promotion job?

  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...

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Do I get anything for contributing on tax?

  Written by Marc   Posted 12 October 2015

I Have been working for the company on contract and my monthly salary was 10. 000 and I have been paying 700 tax every month and now the company is terminating my contract will I be getting anything from SARS? or I will only get UIF?

RAF conversion - might flag risk and SARS might want tax on it as they might think it is paid out

  Written by Marc   Posted 12 October 2015

I claimed RAF deductions of about R9000 last year but this year it is only R850 because I took an authorised premium payment holiday allowed by Sanlam. I also converted my RAF's to a new generation RAF platform, so they are were never paid out but I am very worried that SARS will think that the RAF's were paid out and want to tax them - what should I do?

Tax refund waiting for me?

  Written by Marc   Posted 9 October 2015

Hi I'm currently unemployed since 2010 & dont have any banking details or cash. If possible? TaxTim can u please check if there is a refund dew to me & than deduct whats due to u from there?

MEDICAL TAX CREDIT REFLECTED ON IRP5/IT3(a)

  Written by Marc   Posted 9 October 2015

1. I am retired and a deduction for my Medical Aid Contribution is made from my monthly pension. My Tax Certificate displays a basic Tax Credit (R257 x 2 x 12) which does not include the extra Tax Credit for claims submitted to, but not paid by, my Medical Aid Fund. My neighbour, on the other hand, who also has a deduction for his Medical Aid Contribution from his monthly pension, received his Tax Certificate which reflects a Tax Credit taking into account a basic Tax Credit (R257 x 2 x 12) as well as his claims submitted but not paid by his Medical Aid Fund...

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SUBMITING A REVISED ASSESSMENT WHEN THE AUDIT HAS BEEN FINALISED AND THE REFUND PAID ALREADY

  Written by Marc   Posted 8 October 2015

i submitted my 2015 tax return, and was selected for audit. the audit has been finalised and the refund was paid. however now i just realised that i for got to declare some information on my tax return. is it possible for me to re-submit the tax return again.

Meaning for source code 4102 , a PAYE Credit of R13808,30 has been assessed against your.

  Written by Marc   Posted 8 October 2015

Meaning for source code 4102, a PAYE Credit of R13808,30 has been assessed against your ITR12 tax return. What is the meaning?

What are those supporting documents that I need to submit

  Written by Marc   Posted 8 October 2015

I have received an email from SARS saying my income tax has been identified for verification and I must submit my supporting documents on my SARS eFiling. What are those supporting documents that I need to submit, if I don't have invoices,medical certificate or travel book. Is it the IRP5 still a supporting document?

Audit Review

  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...

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Refund tax

  Written by Marc   Posted 7 October 2015

I recieved a sms on 22/09/2015 of a refund who can I go about

Check if audited

  Written by Evan   Posted 7 October 2015

Will you check if I am being audited and if how much is due to me?

Why has SARS not given money up to now?

  Written by Evan   Posted 7 October 2015

I submitted and received a message that SARS gave me money and released into my account, but it is more than two months now and the money is not there. Help!

Claiming back tax, how do I do it and how does it work?

  Written by Marc   Posted 7 October 2015

What does tax returns include? I'm new in the employment sector and I don't really understand how this works. I know that I pay tax every month over R1000. Last year I was also taxed for a seasonal job I did as a student, being an exam assistant for the department of education in the eastern cape and I was told I can claim back my tax, how do I go about doing that? I am just interested in knowing how to claim tax back.

When does one register for provisional tax, before you earn or after you earn money

  Written by Marc   Posted 6 October 2015

Provisional Tax
Do I earn say R8000 for the first 6 months first
Then register to pay provisional tax
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