How to access your eFiling login details

  Written by Alicia   Posted 24 May 2024

In order to use TaxTim and import your tax certificates directly from your SARS eFiling profile, you will need to be able to login to your SARS profile.

If you do not remember your eFiling username and password, here is a short guide to request it:

1. Go to  SARS eFiling and click "Forgot Username". 

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Is rental expense a tax deductible expense for Airbnb subletting?

  Written by Alicia   Posted 23 May 2024

I know that the interest on a bond is tax deductible in the case of an Airbnb.
I was wondering if the rental of a property is also tax deductible if you use the arbitrage Airbnb method, i.e. subletting a fixed-term rental as an Airbnb?

Another question, what if the property is not my own, I am renting it from someone and subletting it. Is the rental expense that I pay, a deductible expense of operating the Airbnb business?

I know you have tiers of packages. How much do you charge to do the income tax of individuals that include the rental income? ...

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How to see which Tax Directives SARS has on record for you

  Written by Alicia   Updated 23 May 2024

Issue:

When you submit your tax return, SARS rejects it with a message which states that a Tax Directive was issued by SARS, but no Lump Sum amount is declared in the return.

This means that SARS has a Tax Directive on record for you and they are expecting to see the related lumpsum IRP5 with the matching Tax Directive in your tax return. If you have not included this IRP5, SARS won’t be able to finalise your return and issue you an assessment for the ta...

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How would SARS tax you if you win the Powerball?

  Written by Alicia   Posted 21 May 2024

If I win the Powerball and decide to put all my winnings into a savings account and live off the interest, will I have to pay tax on my interest earned only, or am I supposed to pay tax on the total amount of winnings in the account?

How do I obtain my ITA34 documents?

  Written by Alicia   Posted 21 May 2024

I have lived abroad for six years and have not paid my taxes in South Africa.
I have now returned and am living in South Africa. I need to obtain my ITA34 documents for the past three years for the bank.

How do I do my taxes as a freelancer?

  Written by Alicia   Posted 16 May 2024

I'm a freelancer  - how do I do my taxes? Do I register as provisional taxpayer or can I still pay PAYE monthly?

One time pin (OTP) is sent to the wrong cell number and email

  Written by Alicia   Posted 16 May 2024

 
I am trying to authorise TaxTim to share access to my SARS profile. When I click on the Manage Tax Types request, the one time pin is sent to the incorrect cell number. What can I do?

Turnover Tax FAQs

  Written by Nicci   Updated 16 May 2024

What is the definition of tax threshold? Tax thresholds? SARS Threshold.
A Tax threshold is the lower limit of earnings at which tax needs to start being paid. So any income less than the current threshold, would not be taxed.

What is Turnover Tax? 
Turnover Tax is a streamlined taxation system designed to simplify tax compliance for small businesses. It replaces several types of taxes—Income Tax, VAT, Provisional Tax, Capital Gains Tax, and Dividends Tax—with a single tax based on turnover...

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What is Turnover Tax?

  Written by Vee   Updated 16 May 2024

Turnover Tax is a simplified tax system only available to sole proprietors, partnerships, companies, or close corporations with a “qualifying turnover” of less than R1m per year. These types of entities are called micro businesses.

As the name implies, Turnover Tax is a type of tax, which is calculated against the turnover of a business, as opposed to a percentage of profit (i.e. income less business expenses) as per usual business tax. This difference reduces the administ...

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How to Get a Tax Number in South Africa

  Written by Evan   Updated 15 May 2024

First, check to see if you have a tax number already

You are looking for a 10 digit number from SARS that starts with a 0, 1, 2, 3 or 9. Try any of the methods below to find it.

Ask your employer
Your employer may have registered you in the past. If this is the case, you would have been issued with a 10-digit tax reference number from SARS and you would have an IT150 Notification of registration that states your tax reference number.

Check your payslip...

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Should I trade as a SBC or Sole Proprietor?

  Written by Alicia   Updated 14 May 2024

I've secured a contract of R3. 1m for two years which is going to be invoiced at R130k per month. Whats the best way to go about this? Should I set-up my business as an SBC or sole proprietor?

I'm a remote worker who needs help with their tax

  Written by Alicia   Updated 14 May 2024


I'm an independent contractor working remotely for an international company. The company is not obligated to pay my tax, therefore I need to do it myself.  However,  I'm not sure what the process entails.  Please can you offer help?

Is there tax on interest earned on money in savings accounts?

  Written by Alicia   Posted 13 May 2024

I think my tax return for 2023 was incorrect.
The amount in my ABSA back account pulled through and according to me, I am not supposed to pay tax on interest earned on money in my  savings bank account.

If I am correct, what are the next steps to correct this?

How to get 'shared' access to your SARS eFiling profile

  Written by Alicia   Updated 9 May 2024

 If you notice that you can't do anything on your SARS profile, there's no need to panic.  Sometimes SARS grants TaxTim 'full' access to an individual's eFiling profile, instead of 'shared' access as we requested. 

Follow these simple steps to fix the problem:

Step 1: 

Go to www.sarsefiling.co.za.

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How to get back control of your SARS eFiling profile

  Written by Marc   Updated 9 May 2024

If you want TaxTim to file your tax returns, or you want to take back control from your previous tax practitioner, you will need access to your profile on SARS eFiling.

If you think you might have registered for an eFiling profile (in the distant past), it is a good idea to call SARS and check to see if they can give you your eFiling login details. Call them on 0800 00 7277 (free call from a land line) or try the login recovery steps on their website. ...

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How to Register your Company for SARS eFiling

  Written by Evan   Updated 9 May 2024

To create your company profile you will not need to have a separate profile for it anymore. SARS has now created a shared platform.

To set up a new eFiling profile for a company you will need to ensure that you have all your valid documents ready to use during the process. 
You will need the following:

1. Name of the company
2. The address and contact number 
3. The SARS tax number 
4. The registration number 

STEP 1: Get started by logging in

Go to www.sarsefiling.co.za....

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Claiming 12B tax deduction on IRP6?

  Written by Nicci   Posted 8 May 2024

I made a contribution towards a solar investment fund. My question does not relate to a rebate for my home installation.

I have contributed to a large fund that raised capital for a 12B solar energy project. The administrator of that fund indicated that I can include this under "deductions" when I file. There doesn't seem to be a field to enter it on the IRP6.

How to confirm your OTP for eFiling registration

  Written by Nicci   Updated 8 May 2024

SARS might have sent you a letter saying that your eFiling registration was approved, but before you are able to do anything on it, you first need to follow these steps:

 

1. Please login to your SARS efiling profile.

...

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Why are my SARS attachments blank when I open them?

  Written by Nicci   Posted 7 May 2024

I just filed my provisional tax return (IRP6) using your platform. I received an email from TaxTim with the following instructions: "To view the contents of your Provisional Tax Statement of Account, please login to TaxTim, click on My Tax Docs and view the PDF there."

However, when I follow these instructions and attempt to open the document from SARS on my My Tax Docs page, it is blank. It does not seem to be pulling through the information. I checked on my SARS eFiling profile and I am able to open and view the Provisional Tax Statement of account there. ...

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How to request your Tax Compliance Status on SARS eFiling

  Written by Nicci   Updated 6 May 2024

Steps to obtain your Tax Compliance Status

Step 1

Login to your SARS eFiling profile:

Step 2

Select the "Tax Status" option at the top right-hand side of the screen:

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New OTP process to authorise the Tax Type move request

  Written by Nicci   Updated 6 May 2024

SARS has recently changed the process for authorising the transfer of eFiling profiles to Tax Practitioners.

We’ve setup a few steps that we need you to follow so that we can help you submit your return to SARS:

Please do the following:

1. Go to sarsefiling.co.za and click on “Manage Access Request”

...

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How to regain access to your SARS eFiling tax profile

  Written by Nicci   Updated 5 May 2024

Since SARS introduced the new eFiling setup, many things have changed on eFiling, including the shared access option.

With no actual explanation, there are times when your entire tax number could be sent to the tax practitioner who sent a request to share access to your tax file, if you follow the steps on our OTP blog.

We thought we could share this blog to help you regain access to your tax numbers if it should ever happen to you:

1. Login to your SARS efiling profil...

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Can construction workers claim a tax refund?

  Written by Nicci   Posted 30 April 2024

I work as a bricklayer on a building site. Do I need to submit a tax return and are construction employees allowed to claim a tax refund?

Navigating around your Easy Equities tax certificate (IT3c)

  Written by Nicci   Updated 29 April 2024

1. This is the gross base cost of all shares you bought through the institution. You must NOT use this value on your return.

2. This is the base cost i.e the costs attached to the sale of your shares. This amount needs to be entered as the base cost in the  capital gains section of your tax return.

3. This is the...

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How do I calculate tax on my overtime?

  Written by Nicci   Posted 26 April 2024

I worked some overtime in the past few months. I am wondering how to calculate the tax on it. What tax bracket does overtime fall under?
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