Tax Q&A

answers

Upload failed. File could not be uploaded. There has been an error.

When I try to upload a supporting document for my tax return on SARS eFiling, I get the below error:"Upload failed. File could not be uploaded. There has been

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Would a non-resident get S6A and S6B rebates as well?

Would a non-resident get S6A and S6B rebates as well? Yes provided they contribute to a South African medical aid and pay for other medical expenses in SA.

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What is ita88 system

What is ita88 system This is when SARS takes money off the employee's salary each month because it is owed to them for outstanding taxes and penalties.

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It's been over 2 months, but I haven't received my refund yet.

Hi! I submitted my tax return on 2015/08/06. I received my ITA34 Notice of Assessment shortly thereafter, but it's been over 2 months and I haven't received m

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How can I get a new SARS number because I was insolvent?

On SARS status I am insolvent, I took my court letter with necessary documents to SARS and they could not assist me with a new tax number as my old one still

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Do I need to declare investments outside SA?

I have been living outside of South Africa for longer than 2 years. I have been investing money outside of SA. The currency is USD. Do I need to declare this

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When will I obtain my tax refund?

I have worked in South Africa from 1-Sep-2014 till 31-Aug-2015. In the income tax year 2014-2015, I have only worked for 6 months, and I qualify for a refund.

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Home office expenses

I work from home - I have an office and photographic studio, so am trying to work out what I can claim as household expenses. We no longer owe money on our bo

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Changing retirement funds and tax implications

During this tax year, I was retrenched and had to move my retirement fund money from the fund where it was to a new preservation fund. The amount of money tra

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How long should it take when an assessment is escalated?

I have submitted my tax return via SARS eFiling on the 2nd July 2015 but I am yet to receive my tax refund. Its been 3 months and additional documents submitted

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Need letterhead with taxnumber?

Where can I find a letterhead with my tax number on? You can save an ITA34 - assessment notice on SARS eFiling and use that.

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

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 an

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Tax implication on PAYE & UIF for 13th cheque staff payouts

What is the tax implication on 13th cheque pay outs to staff? (PAYE & UIF) Is it a normal bonus or based on something like a commission earned? It is a

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

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 h

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What must turnover be before you have to submit tax return for a spaza shop

What must your turnover be before submitting tax return You should submit a tax return for any business you run regardless of the turnover.

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How do I apportion the depreciation?

Good day. I have a cell phone worth 5400. I use it 80% for business and 20% personal use. Will my deduction be the full 5400 because its under 7000 or 5400*80

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After registering a company, when does the owner become in liable for provisional tax?

If an individual registered a small company with the CIPC at the end of May 2015 (for example) when does the individual become liable for provisional tax? The

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Donations Tax and submission to SARS?

Hi TaxTim, if I complete an IT177 Declaration of Donations Tax Form and submit it to SARS (I am the Donor). When doing my personal tax return, do I have to de

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

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 electro

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IT34 balance is R0.00

My IT34 reflects an amount of R0. 00, what does this mean? It means your balance with SARS is zero i.e you owe them nothing and they owe you nothing. Ju

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Want to know hom tax will be deducted if I resign

My pension is the amount of 90983045 Please make use of our Lump sum calculator to work out the tax you will pay.

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Can a director of a company claim home office expenses?

Can a director of a company claim home office expenses? My hubby often works after hours, does skype meetings and host meetings at our houseStudy is a dedicate

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What is your fee?

Your fee for completing a tax return? Please refer to our Pricing Page

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Agent fees and tax declaration

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 declar

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Office costs as free-lance journalist working from home

If I am working from home as a free-lance journalist, can I claim office expenses like paper, ink, internet and cell phone costs and if so, where do I claim t

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