Written by Marc
Posted 16 September 2012
Written by Marc
Posted 16 September 2012
Written by Marc
Posted 16 September 2012
Written by Marc
Posted 16 September 2012
Written by Marc
Posted 16 September 2012
Written by Marc
Posted 16 September 2012
Written by Marc
Posted 16 September 2012
I have taken over a business from my parents. It's a little recycling business. I am unable to contact them to ask them but the business is now registered in my name and after a friend asked me if I paid tax recently i started to worry because I really know so little about it. At the moment my income per month is about 80k but my expenses are so high I earn 4 to 7 k a mouth plus out of that comes my personal rent and living expenses...so very little at the end of the day...my bank account has an amount of - 4k in....please take my worries away? should i be stressing? ...
Written by Marc
Posted 16 September 2012
Written by Marc
Posted 3 September 2012
Written by Marc
Posted 25 August 2012
I submitted my returns on efiling about 3 weeks ago. When I called for a follow up, I was advised my address is "unknown" on the system and that I'll have to go to the SARS branch with my bank statement, certified ID copy and proof of residence. I did than on Monday and when I called again on Thursday, I was told to go to the branch again to update my details as the system still said my address is "unknown". I advised the lady that I was there on Monday and she didn't sound too sure but said my details should be updated after 41 days and only then will I receive my payout....
Written by Marc
Posted 23 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
Written by Marc
Posted 20 August 2012
I've gone through the entire process and am filling in the e-filing form. I'm stuck on the Medical Deductions section. I've filled in what TaxTim suggested, but the e-filing calculator is ignoring the amount at code 4020.
The "Did you incur any medical expenditure?" is ticked "No". But if I change it to Yes then it expects that I have paid to a medical aid and wants a "0" if my "employer" paid the total.
My specific scenario is a little different. My wife pays the medical aid each month and claims that on her own tax return...