Are there penalties on incorrect information?

  Written by Marc   Posted 8 November 2012

Hi, I mistakenly did not pick up my medical payments deducted from my salary as a 'tax perk' which therefore adds to my taxable amount. I now have to pay in more tax after I have already completed both provisional tax forms, only to discover this now when I must submit my ITR12 now in November. Are there penalties and interest involved, since the year end is Feb and it's now Nov already?

How to correct or change type of tax payer on TaxTim?

  Written by Marc   Posted 8 November 2012

I logged on as provisional taxpayer instead of PAYE, how do i change it?

Banking details

  Written by Marc   Posted 8 November 2012

What are TaxTim's banking details for direct deposit?

Gross Retirement Funding Income on IRP5

  Written by Marc   Posted 8 November 2012

On my IRP5 there is a category called Gross retirement Funding Income. Does this have to be entered on TaxTim?

Do I have to enter Unit Trusts on my tax form?

  Written by Marc   Posted 8 November 2012

In Feb this year (28 Feb to be exact) I contributed a lump sum of R1000 to a Retirement annuity High equity fund, does that have to be reflected on my income tax statement?

Next step after payment

  Written by Marc   Posted 8 November 2012

I am already registered and have filled in the forms and paid the money of R199 into you account. Can you tell me what is next?

I am unable to enter information on the form provided.

  Written by Marc   Posted 7 November 2012

On the displayed tax form displayed I am unable to enter the required information as expected.

Where does the amount under Deductions/Contributions on my IRP5 come from?

  Written by Marc   Posted 6 November 2012

I would like to understand all the amounts reflected on my IRP5 and their source codes.

What does it mean to receive a penalty?

  Written by Marc   Posted 6 November 2012

What does it mean to receive a penalty?

Can l still submit my return if I receive a penalty ?

  Written by Marc   Posted 6 November 2012

Can I still submit my return after receiving a penalty?

I am a provisional tax payer, but I want to claim on my annuities at year end, where do I do that?

  Written by Marc   Posted 6 November 2012

There is no space on the IRP6 to fill it in?

How much tax must I pay if I earn R70 000p/a?

  Written by Marc   Posted 6 November 2012

I started work as a instructor and earn commision so it differs month to month how much must I pay on tax if I earn +- r70000 p/a

Where do fill info regarding source code 6506 it3(c)?

  Written by Marc   Posted 6 November 2012

I cannot find where to enter the capital gain relative to sale of unit trust units?

What about fees paid to the HPCSA? Are they tax deductible?

  Written by Marc   Posted 6 November 2012

I don't see any fees paid by me as reflected on my return as per TaxTim for the HPCSA and other fees as related to my profession- oral hygiene (cpd point package as required by HPCSA and a dental association), I only work for commission and want to know if I can deduct other expenses such as cellphone and petrol ? It doesn't get asked on your TaxTim and I suppose it needs corresponding codes for your IRP5 return?

How do I file my tax return for the first time?

  Written by Marc   Posted 6 November 2012

I haven't done a tax return before but I was registered by my employer. Ho do I go about doing my returns and what penalties should I expect? Can you help in this situation and what will it cost if you can?

How can I get my tax number?

  Written by Marc   Posted 6 November 2012

How do I apply for a tax number?

Can I deduct the interest I pay on my home loan?

  Written by Marc   Posted 6 November 2012

I have received a tax certificate from my bank showing the amount of interest I was changed during the tax year. Where (if anywhere) do I capture this on my tax return?

What is the closing date for filing my individual tax return? I have just recovered from a terrible

  Written by Marc   Posted 6 November 2012

I am not sure of the kilometers I traveled, can I also get help on how to include this?

How do I account for Rental Income in my personal tax return?

  Written by Marc   Posted 6 November 2012

I have a property in a sectional title that I have rented out since 1 October 2011. Where and what do I fill in on my tax return?

What if I have a company registered in the Seychelles, but I am a South African taxpayer?

  Written by Marc   Posted 6 November 2012

I am a South African citizen residing in South Africa and work from home on the Internet. My company is registered offshore in the Seychells and have an offshore bank account in Mauritius. I have no clients in South Africa or Africa, but work with clients in other countries and have mandates with companies in the USA, Moscow and Hong Kong. I stand a good chance to earn a substantial commission which will be paid into my offshore account. Can I opt to pay taxes in Mauritius as i also want to...

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How do I get a tax rerence number for a deceased individual?

  Written by Marc   Posted 6 November 2012

I am looking for a tax reference number for my late mother as places like Sanlam require it. How do I go about finding it?

Why have SARS not allowed all my medical expenses as a tax deduction?

  Written by Marc   Posted 6 November 2012

I have completed my efiling however now have a query. I claim back about R4000 worth of medical expenses incurred by myself, but was only refund R600. Is this an error?

Why does it appear to be so difficult t upload a document on e-filing?

  Written by Marc   Posted 6 November 2012

I have tried every way i can think of to upload a document but i still get a message saying something like error - no document uploaded.

I am a reserve soldier and only recieve a salary when I am working

  Written by Marc   Posted 3 November 2012

I am a reserve soldier, so I only get paid my salary when I am camping. Hence I have trouble answering this provisional question.

If I was apart of a graduate programme, is the salary I received taxable?

  Written by Marc   Posted 2 November 2012

I received a monthly salary during a 7 month Graduate Programme, which had taxed deducted per month.
I've heard some people say the were able to get the deducted tax back, and would like to know if this is true? If so, how would I go about getting that back?
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