Tax Q&A
This was your response to a previous question - please advise why the calculator is reflecting 0?
Regardless of how much the contribution is you will only be allowed a deduction for medical aid contributions limited to R720 per month for yourself and your fi
Read moreSARS tax codes?
I have a rental property and still pay the bond and levies. There is no profit. When I complete my Tax return what is the code for a rental loss? Rental los
Read moreMedical expenses not payed by medical aid?
Last year when I submitted my expenses I received 30% back in returns from SARS. This year when I complete my return with expenses R10 431 it gives me a return
Read moreCan I resubmit my tax after I received payment? I forgot to add disability expenses.
I submited my tax via eFiling and have received my payment as I claim for disabilty. I however only found out now that I can claim for my children school fees a
Read morePayslip
I have a problem understanding my payslip. I am a freelance and earn only commissions. I dont know what to claim of my income tax;My payslip consist of: - Total
Read moreCellphone depreciation?
What supporting documents do I need to add if I claim for cellphone depreciation. If I use my phone for mainly business but I pay for the contract not my employ
Read moreWhat is the maximum number of IRP5's that can be submitted through eFiling per year?
What is the solution if there is a limit? There shouldn't be a maximum, SARS would have received all of them from the companies who issued them and included
Read moreAllowable Medical Deductions
My monthly medical aid premium is paid to the scheme through the company (it forms part of my cost to company) but I cover the cost 100%. The total for the year
Read moreExtra Tax deducted
I recently underwent a Tax audit last year as I haven't regularly paid taxes for a few years. SARS did the audit and siad they owed me x ammount but I also owed
Read moreHow can I get a tax number?
How can one get a tax number if you are unemployed and still a student? You can obtain a tax number by following our easy guide: Obtain a tax number
Read moreMay I claim my km to and from work if I get a travel allowance?
I only use my car for business and to and from work. You will be able to put all this information under the 'Travel Allowance' section on the tax return. All
Read moreProvident fund transfers to Retirement Annuity - are there tax implications?
I had a Provident Fund with my previous employer, I changed jobs in November 2012 and transferred the funds from the Provident Fund into a Retirement Annuity. I
Read moreI have not submitted tax forms for a number of years - how now?
I have not submitted a Tax return for a past number of years, How do I handle this situation? You can go onto eFiling and see if your tax number still exists
Read moreWhen will 'supporting documents' section appear?
I have submitted my tax return via efiling on the 1st of July and immediately received an email saying I need to submit supporting documents. The problem is the
Read moreOwing R13 540 to SARS?
I`ve just submitted my return and I received ITA34 saying I owe R13 540. When rechecking my return, I noticed that I didn't capture my annual PAYE tax on the re
Read moreMedical Aid Monthly Contribution VS Tax Credit on Medical Aid?? How to deduct?
Hi Tax TimGreat website, very helpful over the last couple of months. I am busy filling in my ITR12, and I have a lot of deductions, ie depreciation etc, but whe
Read moreWhat is the amount for the 2012/2013 "allowable medical deduction" code 4008?
I would like to find out if the amount (if you are the only dependent) is still R720 p/m for the 2012/2013 tax year? Can this amount be claimed by anyone who pa
Read moreWhen I use the SARS tax calculator, it shows at code 4008 an amount of R0,00?
My medical aid contribution was R 24 761 inserted under code 3810, how come my allowed medical deduction is R0? The medical aid contribution now acts as a c
Read moreCan I claim medical expenses for 37 year old son who I have been supporting? He is not on my med ai
I incurred around R4 000 medical expenses for son who is not on a medical aid or on mine. He is 37 years old and doesn't have any disabilities and is not study
Read moreAVS Bank with AVS verification pass
Hi Tim, I submitted my tax return via e-filing and my banking had changed so I punched in the latest details and SARS put on an audit. I then submitted my IRP5,
Read moreDo I have to submit income tax forms if I have been retrenched in November 2012?
I have been retrenched in November 2012 and sill have not found a job. All my debit orders until now have been paid with the money I received from my retrenchme
Read moreRe Medical Scheme Fees Tax Credit Code 4116 on IRP5, ITR12 & ITA34
I noticed my IRP5 had a new Code 4116 Medical Scheme Fees Tax Credit which I did put in my ITR12 amounting to R5520 as we are 2 Members of my medical aid. I th
Read moreI want to get my IRP5 on line?
I wanna know my IRP5 on for 2013 but I can't please help me. Your employer would need to give you your IRP5 or you can find it on eFiling already on your pro
Read moreNumber of periods worked on the IRP5?
I am a contract worker and on my IRP5 it states that my number of periods worked is 365 ,which is not the case. In April 2012 my contract was finished and I was
Read moreWhy can't I upload .pdf supporting documents on e-filing?
I am uploading my supporting documents. It uploads .doc & .xls files but it refuses to upload my .pdf files which are completely within their specifications
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