Tax Q&A
Confuse to being taxed so much and not getting anything back from provident
Why don't I get a tax refund from my provident fund seeing that I'm still unemployed my fund is @ R132300 I get taxed R19000 on it and what do I get back?
Read moreSubmitted Tax Return - No response from SARS
Hi Tim, I submitted my SARS e-filing tax return on the 1st of July, but have as yet not heard anything from SARS, this is the first time it has ever taken thi
Read moreUnemployed for the tax year 2014/2015 and paid medical aid contributions but no refund received.
Dear TimI was unemployed for the tax period 2014/2015 and received 0 income. I however paid my monthly medical for my spouse and one adult dependent which tot
Read moreWhy a second round of audits is required - why not do an end-to-end audit first time?
I submitted my tax return on 10 July & a correction on 14 July (simple mistake in 1 line item which had zero financial impact). I received notice that I was b
Read moreHow to prepare statement of personal assets and liabilities for SARS tax return form.
How do I create/make a personal statement of assets and liabilities for a member of cc or a director. I am told this should indicate all income received by th
Read moreTax credits versus medical expenses
Please tell me can you still claim your out of pocket expenses that is not covered by medical aid or hospital plan. Do you have to add them all together and t
Read moreDeduction againt 3713 other taxable allowance
My cell phone allowance is reflected under code 3713 (taxable allowance) Where on the tax return must I complete the cell phone deduction? You would deprec
Read moreMedically boarded assistance
Will you be able to assist someone for 2015 tax filing who was working in 2014 but has since may 2014 been medically boarded? What documents would you require
Read moreDo I have to fill in tax forms is I received money as a gift from a friend abroad?
A friend of mine in America has given me some money as a gift. It is mainly to cover monthly living expenses. I am a student with no income and I still live w
Read moreAudit processes delay
I submitted my tax returns for the new tax year on the 2nd July. Simple, just my IRP5 and medical aid tax certicate. They asked for the supporting documents,
Read more4018 on IRP5 - Do I claim on this or not?
I have no external RA or income protection policies, just what ever the company offers. I see that I have a 4018 deduction on my IRP5 for R980. When doing my
Read moreClaiming medical expenses for birth
I am confused and need assistance. I spent in the region of R50000 on medical expenses in September 2014 as my wife gave birth. I paid this all in cash as I a
Read moreCan I claim university fees?
Hi. I'm currently a medical doctor who since 2012 have been working as a registrar in Family medicine through UCT. This in order to achieve a post graduate de
Read moreHow much tax will be deducted if my monthly salary is R7560?
How much tax will be deducted if my monthly salary is R7560? Please make use of our SARS income tax calculator to work out how much tax is owing.
Read moreMarried person pays less PAYE than single person
Do you pay less PAYE if you are married than someone who is single? No, PAYE is calculated on your earnings regardless of who you are married to.
Read moreHow much is my monthly tax?
I want to know how much is my monthly tax. I earn R7000 a month with no benefits. Please make use of our SARS income tax calculator in order to calculate
Read moreHow much income tax will I pay on additional income from freelance consulting?
I am receiving R50,000.00 in this tax year for freelance consulting fees using my personal experience to assist individuals to optimize their asking price for
Read moreStatus after audit?
I submitted my tax return on the 7/7, I was then asked to submit documents which I did on the 9/7. I received an ITSA on the 10/07. Where on the website can I
Read moreOperations final demand letter failed...???
I received a notification 'Operations final demand letter failed'I am unable to open this letter on my computer. What does this mean? I sent SARS all required
Read moreI forgot my password and username please help
I forgot my username and password. I need help with that. Please call 0800 00 7277 and ask them to reset it for you. Or try this link.
Read moreHave I been selected for auditing?
Have I been selected for auditing? I received an ITA34. Please have a look at your ITA34 and see if there is a Y on the Verification for Audit section, alt
Read moreDo I enter the whole wear and tear value in my tax return or only the "official" part?
When calculating the wear and tear on my car I take the original cash purchase price and divide that by 5. Do I then enter that value in my tax return (same a
Read moreTwo IRP5 - why is refund lower?
I have two IRP5s, when I submit each tax return individually my refundable amount on one is - R28000 on and -R24000 on the other. When I add them together
Read moreTax on interest-only source income
If your only source of income is from interest, how is tax calculated? What is the amount of interest earned? The yearly interest totals R115000,00.
Read moreSARS need return submitted for 2008 and 2009
SARS has requested that complete my tax returns for 2008 and 2009. I requested the IRP5 from my HR department but they don't have the records anymore. We
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