Written by Marc
Posted 3 September 2013
Written by Marc
Posted 1 September 2013
Hallo. For the last number of years my wife has been paying for our medical aid, via a direct debit every month. The medical aid is however in my name.
I have found out, from SARS, that my wife can get the benefit from this on her tax return, all she needs to do is to provide proof, e.g. bank statements etc, that she has paid for it or get letter from medical aid in that regard. This would suffice for this tax year. However last tax year, we did not do it like this, since I submitted it with my tax return and got no benefit from it, since my income was not large enough...
Written by Marc
Posted 30 August 2013
Written by Marc
Posted 28 August 2013
Written by Marc
Posted 27 August 2013
Written by Marc
Posted 23 August 2013
Written by Marc
Posted 23 August 2013
Written by Marc
Posted 22 August 2013
I am completing my father's Tax Return for him. He is over 65 and has a dependent, my brother, who is mentally disabled. I have indicated this as such on the return and can see from the calculation that the full medical amount listed is shown as a deduction from the taxable amount. What is confusing me is the only amount being reflected as a refund is the PAYE he paid on some shares that he cashed in and there is no additional refund for any of the mental disabilities. Am I understanding the med...
Written by Marc
Posted 20 August 2013
Written by Marc
Posted 19 August 2013
Written by Marc
Posted 18 August 2013
Written by Marc
Posted 18 August 2013
Written by Marc
Posted 16 August 2013
Hi Tim
This is a really helpful forum.
I have a query which I require advice on or a possible solution.
I completed my tax return on the 14 July 2013. In the prior year I received my refund in 2 days but this year I had been selected for verification and I submitted all the documents (logbook etc) and then few days later (23 July 2013) I get a notice letter from SARS saying I'm referred for audit (sad I know), so I waited and yesterday I had no response from SARS regards the referred for audit. ...
Written by Marc
Posted 14 August 2013
I am currently not a registered tax payer nor am I employed, I am however getting into smart phone programming and wanted to know my tax obligation when it comes to individuals who do this kind of thing in their spare time and not as a business operation.
Also - Google Admob (for smart phone app monetization) is in the U.S.A and payments are paid out when a limit of $100 have been reached. (This into bank accounts and not PayPal). At what time should I register as a tax payer and what...
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 11 August 2013
We are married in community of property with one bank account in my name. My wife and our children have individual credit cards on the account and all my wife's income as well as tax refunds are paid into it. She is the principal member of our medical aid. Me and her use the bank account to pay medical expenses via credit card and EFT.
Will SARS disallow medical expenses paid from this account in my name, even if it is for her and our children? I settle medical bills via EFT, any one ...
Written by Marc
Posted 10 August 2013
Written by Marc
Posted 8 August 2013
I put my parents on a medical aid and my Mum is the principal member with my Dad and sister as dependents. However, for ease of convenience the debit for the medical aid goes off my bank account and not theirs, but my Dad pays me back by paying off my other accounts.
When I submitted the claim, I put this medical costing as a claim on my Dad's return - what was owing to him is now him being held liable to pay SARS that money back. Can they do this??
I have my own medical aid with my da...
Written by Marc
Posted 7 August 2013
Written by Marc
Posted 7 August 2013
Hi! Your website is very informative. I was requested to submit outstanding returns for last 5 yrs via telephone.
I however updated the returns and then was asked to pay a penalty of R12500. A few weeks later I received an ITSA- statement of account stating I owe R50 404-00. I however settled the amount as my wife received disability from her insurance. The collection department stated that I still owe them the penalty of R12500. The ITSA only reflects interest on late payment and no pen...
Written by Marc
Posted 7 August 2013
Written by Marc
Posted 5 August 2013
Hi, I changed jobs and my pension fund was paid to me in a lump sum with tax deducted, but the liberty loaded irp5 incorrectly on e filing so it looked like I didn't pay tax on the amount. I only realised after I filed my tax return so phoned them, they cancelled the wrong certificate and loaded the correct IRP5 onto SARS. I then had to go dispute the matter with SARS. According to them I owed R9700. The dispute was allowed, and they said they owe me R13000, but they only paid me R3500 because t...
Written by Marc
Posted 1 August 2013
Age 77; retired. Male. Diagnosed with emphysema (Chronic obstructive pulmonary disease). Doctor has prescribed an oxygen concentrator (takes oxygen out of the air) to allow me better able to do life's daily chores (walking around, dressing, bathing, shopping etc) with less getting out of breath. Weighs 3 kg and has to be carried or slung from the shoulder. This costs me a capital sum of R35000 and has an anticipated life of 5 years (the concentrator, not me). Is this a disability from the tax po...
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