Tax Q&A
How long after submition does it take for payout to take place
Hi Tim! I submitted my returns on the 1st of July from the SARS branch and was told there are returns due to me, however I found out days later that there were
Read moreCan jobseekers get a tax number?
I submitted my CV so they need a tax number. Can I still register it even though I am not employed? Yes you can, please read our article on How to get a SA
Read moreOver taxed on my salary
My employer over tax me on my salary during the tax year on 1 July 2014 , they overdeducted PAYE on my salary and again on 28 Feb 2015 they overtaxed me again
Read moreCan I retract a mistaken dispute against IT34?
Hi,I have mistakenly lodged a dispute against my IT34, but now I see that I was mistaken. Is there any way to retract the dispute? (I did not upload any suppo
Read moreCan I claim purchase of vehicle as a expense (commission based)
I am completely commission based. I recently purchased a vehicle cash. Can I claim it as expense incurred in the production of income? Or do I add it as Trave
Read moreWant to do my tax for the first time after working for 6 yrs. Scared!
I was wondering, I'm working for almost 6 years and want to do my tax return, but I'm scared I'll get into trouble for only doing it now. It is important t
Read moreWhat is the tax amount on a gross income of R800 a month?
How much do I have to pay when earning a gross income of R8000 a month? Please make use of our SARS income tax calculator to work out what tax should be pa
Read moreHow long does the audit take if I declared my forms today?
How long does the audit take I resubmitted my docs today? Please read our article about how long an audit takes and possible delayed refund from SARS
Read moreDo I need to declare my foreign salary earned in Abu Dhabi, UAE, when I submit my 2015 ITR12 return?
I am exclusively resident in the United Arab Emirates and work for an Abu Dhabi based company. In accordance to Section 10(1)(0)(ii) of the Income Tax Act of
Read moreCan I do a tax return on the money I've been taxed on last year September for provident fund?
Hi, I got my provident fund last year in September 2014 from Alexander Forbes and I got a tax certificate from them. Can I do a tax return on the money that S
Read moreTax Code 4006 is less than I supplied, it seems limited
Good day,I completed my tax using efiling but the amount that I am inputting in the SARS code 4006 is showing a lesser amount on the calculated tax result. Is
Read moreI am under the R350 000 threshold but still submitted my 2015 Tax return, will I still get my money?
I submitted my Tax return on the 01/07/2015. I am under the R350 000 threshold, so should I have not submitted it, will it now interfere with me getting my mo
Read moreCan you apply a tax directive issued to a different employer?
We have a temp employee that we would ordinarily deduct 25% tax. She has now come with a tax directive from SARS in the name of another employer that she also
Read moreTwo different IT34's
Good Day. I submitted my tax return on e-filing. I got an It34 stating an amount to be paid back to me. I then realised that their was a R4 difference on my l
Read moreStatement of account was issued, does it mean my audit is finalized?
I have been selected for Audit, I electronically submitted the supporting documentation after which SARS issued a statement of account, does this mean the Aud
Read moreSARS Refund 2015
I submitted on 1 July 2015. No extra documents were asked for. Last year I received the refund within 3 days. I have still not received my refund for 2015. Di
Read moreOwn Education fees, tax deductible if employed?
Good day TaxTim. My question: I am currently full time employed and working partly on commission, I am also studying towards a post graduate qualification tha
Read moreProvident Fund and Child Maintenance
Good evening Tim. Just a quick question, where do I stipulate my provident fund and that I am paying child maintenance on Sars Efiling? Can I claim for the
Read moreCan I deduct student fees and text books of 4016
Hi Tim, I'm working full time as social worker and studying part time to become a psychologist. The latter earns much more than current job. My question: can
Read moreWhy SARS is taxing my overtime money and my normal pay
Why SARS taxed my over time money? Overtime income forms part of your earnings and is taxed by SARS as all earnings from employment is taxed.
Read moreWhat can be claimed in case of a second property bought in the current tax year?
Hi Tim, I bought a flat in April 2014, which is rented out to students to supplement my income once I retire. What can I claim from SARS for the tax year endi
Read moreEmployed Commission Earner and Investor - Where do I stand?
HelloI am hoping you can help. A few things:My retirement annuity reflects as code 3697 on my payslip. Is this normal, does it count the same as 4002? I recei
Read moreMy employer CC closed. Where do I get my IRP5?
Hi Tim. I was the bookkeeper for a cc until end Jan 2015 when they closed doors. The only member passed away in Dec 2014 with no will. I have contacted the at
Read morePayments from SARS
Ok so SARS owes me money. Do I have to fill in my banking details again under my online SARS eFiling profile, and which option should I choose? Thanks When
Read moreTreatment of rent with joint ownership
I am married under COP and I am a housewife. Purchased an investment flat with an inheritance. This is my sole income of R3500 pm. Do I show the rental income
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