Tax Q&A
What about my tax returns?
I am not working I need money I heard that I can apply online for a tax return? If you are not working then there were no taxes paid which would enable you t
Read moreWill SARS suspect me of tax evasion If I don't declare a watch(R23 000) donated to a friend.
What happens if SARS finds out about a casual gift(a watch) I have given to a friend. Will SARS investigate me for tax evasion if I have donated a watch valued
Read moreIRP6 - how to indicate a financial loss on IRP6?
I need to complete an IRP6 for 2015 period 01. I am making a loss and would appreciate the assistance on how I would indicate the taxable income in order to ref
Read moreWhat does it means if my tax return has a positive amount?
What does it mean if my tax return reflects a positive amount? If there is no negative sign then this means you owe SARS money.
Read moreWhat does a negative value mean on my tax return?
My tax return has a negative value, what does it mean? It means SARS owe you a refund.
Read moreI pushed dispute on my ITA34 and nothing happened?
What if I accidentally pushed the dispute button on my return form it has been 4 weeks and I have not received my return? You need to file a dispute, pushing
Read moreRisk of underestimation of provisional tax in August?
If you underestimate your provisional tax in the August submission, but then are better able to more accurately estimate it in February, are you penalised for t
Read moreWhat percentage of electricity can I claim when working from home?
As a freelancer working from home I realize I can claim certain expenses such as electricity. I have seen several sources indicate that I can claim a percentage
Read moreCan I get a tax number without a bank account?
Can I get a tax number even i don't have a bank account? No you cannot get a tax number without a bank account.
Read moreWhat about my income tax?
HOW WILL I KNOW THAT I AM OWNING SARS OR IF SARS IS OWING ME? You can make use of our Tax refund calculator to get an idea of what a possible refund could b
Read moreDo I put out-of-pocket medical expenses under 4020 AND/OR 4040 ? I do not belong to a medical aid
I do not belong to a medical aid and was wondering do I put my out-of-pocket medical expenses under source code 4020 or 4040 ? Because the 4040 code is compulso
Read moreHow can I not qualify for tax return when I am paying tax???
What's wrong why can't I get my tax return? I called sars and the consulntant told me that sars doesn't owe me instead I owe sars 335 is this possible? I mean I j
Read moreIs code 3713 claimable?
Can I claim on SARS code 3713. No you cannot claim against this source code. What did you get, or what did your employer pay for that gave rise to this frin
Read moreWhy is SARS taking so long with my refund?
i sent in my tax return 1182104 they then asked me for supporting documents, I sent it within 15min after the sms was sent. How long does it normally take after
Read moreVerification process
Hi TimAwesome forum here very informative. Well this is my saga, I submitted my return on the 1st July 14. On the 8th July 14 I got a letter saying that I'v
Read moreWhat is acceptable supporting documentation for SARS?
I am self employed, I work as a contractor and I was recently told by my accountant to keep all my slips and I just confirmed with him that all my expenses are
Read moreWhere is my tax return?
How can SARS say I cant get returns? You need to have worked during the period 1 March 2013 and 18 February 2014 and then overpaid in tax. A tax refund is on
Read moreCan I Just enter business trips on my SARS logbook?
Can you pleas tell me if I can just enter business trips into my SARS logbook or do I have to include both private and business trips? You must include total
Read morei have my documents,i want to claim my tax,what do I do now?
I have got my IRP5 and my medical aid certificate, what do I do now? Please click the link to Register for TaxTim in order to begin the process of completi
Read moreWhat is the turnover limit of a small business corporation for the February 2014 year end?
What is the turnover limit of a small business corporation for the February 2014 year end, is it 14 million or 20 million? The turnover threshold is R20m per
Read moreRefund waiting period once selected for an audit
I filed my return on the 07th July 2014 via eFiling, immediately received my ITA34 and statement of account, I was requested to submit supporting docs immediate
Read moreDEDUCTIONS DISALLOWED on NET MEDICAL DEDUCTIONS Section?
After submitting my return this year, I was requested to submit the supporting documentsMy Original assessment state: -8076.00 (2 Adults and one child for 10 m
Read moreWhat about my out of pocket medical expenses?
Last tax year I paid almost R5000 in medical bills that medical aid did not cover?when I did my return online I got nothimng backhow come Tax deductions for
Read moreDoes SARS verify medical information with the medical schemes?
I submitted my return on the 3rd July 2014, and still have not received my refund, I was requested to submit supporting docs which I did, I even went to the bra
Read moreCan my wife claim medical expenses that we pay jointly on her return alone?
Both my wife and I are employed taxpayers. Her gross salary is in the order of 24000/month and mine is in the order of 34000/month as of January 1st of next yea
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