Tax Q&A

answers

Cannot download either my assessment or letters

Cannot download either my assessment or the contents of a letter requesting supporting docs, have downloaded the latest Adobe reader 12. Please use Interne

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How are provident funds taxed due to retrenchment

I was retrenched last year. Initially it was a dismissal but I won the case at CCMA and the dismissal was changed to retrenchment as the position was no longe

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Medical Tax Credits Calculation

Hi Tim,I earn R4500 a month and I pay R700 a month for medical aid for myself. How many medical tax credits will I receive? At the moment if I am correct it i

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I need my tax password and logname

I lost my tax password as well as my logname for SARS eFiling, so how can I get it? Please phone SARS on 0800 00 7277 to retrieve your username and passwor

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Why do high earning individuals get a refund from SARS?

Why do high earning individuals get a refund from SARS? That is not true, refunds are only when you have paid too much tax during the year. It all depends

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Would like to contact Tax tim

What is your contact number? Our service is based online, we don't have a customer contact number at the moment. We can serve you better and faster if you

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Havent received my payment from SARS yet and its been 5 days already

I recently did my tax with TaxTim but haven't received my return payment from SARS yet? On SARS Efiling it states that "Filed through an Independent Service V

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Medical insurance claim

I had a medical insurance plan last year for 5 months, can I claim that under medical expenses? Medical Insurance, unfortunately is not tax deductible as i

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Process of SARS and penalties for non-submission

I would like to know what process does SARS follow after someone has submitted their tax returns information and what are the penalties for non-submission of

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Salary if I want to net R12000 after tax

If I want to net R12 000 pm after my Tax and UIF deductions, how should my Gross earning be? Please help. Please make use of our SARS income tax calculat

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Do I pay PAYE on R5000 per month?

Good day. I earn R5000 per month. My question is this, is there a need for PAYE deductions? And if I pay PAYE do I still need to personally pay tax to SARS at

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Previous year IRP5 submitted accidentally

Hi,I submitted my tax return for 2015 on the 3rd July 2015, was due to receive a refund. After a couple of days of no refund, I called the help desk - apparen

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Why am I being audited when all my income, deductions and benefits are reflected on my IRP5?

Hi Tim;I recently completed and sent my tax return via SARS eFiling. I was selected for auditing and asked to provide supporting documents. I have nothing com

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Tax on Breast Augmentation

Can I claim tax on breast augmentation done? You can claim this under the "medical expenditure not covered by medical aid" in the Medical section.

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SARS Audit - Proof for sideline income

I'm being audited by SARS, they have asked me for bank statements and payslips. I do currently have a permanent job, but have a part time or side line job as

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How long after submitting supporting documents should you get your refund?

My tax return is done by a tax consultant. He's been doing my tax for years without any problems. This year he submitted my tax return, and informed me that S

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Tax for independent work.

Hi Tim. I am a full time teacher. I am thinking of leaving my job and working as a full time tutor from home. I will see students on a one on one basis and ch

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Tax deduction for studies

I am a director of a company and my company has offered to pay for my studies. I am studying BCom Financial Management. They are however trying to deduct it a

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My friend wants me to claim for him by TaxTim the way I did

My friend here wants to claim tax return by the way I do it on TaxTim. Can I assist her? You can assist her on TaxTim, but she will have to register with h

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I have lost my eye in an mine accident . Am I I disabled or not?

I have lost my eye in an mine accident. Am I disabled or not? Sorry to hear that. Yes you would be considered disabled, you need to complete an ITR-DD form

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Assessed - Refund on taxpayer account

A refund after tax assessed calculation/ - What is the waiting period before paid into your Bank Account? Were you asked to submit supporting documents?

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My IRP5 seems to exclude some of my deductions - how will this affect my tax return?

Deductions for my medical and pension fund reflect on my monthly pay slip but not on my IRP5 - will this affect my tax return as these were not included? A

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Being an intern earning R5000 monthly. Do I need to pay tax?

I am an intern and I earn R5000 per month. Do I need to pay tax? I also once registered under SARS when I was a student tutor in 2012 when I was also a studen

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Travel allowance section

I get reimbursed for travel allowance and it is put under code 3702. I have 2 questions:1: On the first page of the tax return should I tick "Yes" for claimin

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Paye deduction calculations and rules

We only currently registered for PAYE, I want to know how we will go about calculating employees tax if our minimum salary is R2400 and maximum R7000. Which w

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