Written by Evan
Posted 10 July 2015
Written by Evan
Posted 10 July 2015
Last year I was retrenched, took the package, and was told that the severance piece was tax free, as it was way below the R500k, just under R40k, got a directive.
Now looking to do my tax return, the amount shows under income (source code: 3901) adding it to my income, however as I was not taxed on it when it was paid, it appears to SARS that I didn't pay the tax then. So now it looks like SARS is asking me for the tax on that amount, as my prelim calculations is saying I must pay in close on R4000?...
Written by Evan
Posted 10 July 2015
Written by Evan
Posted 9 July 2015
I completed my SARS tax return. My IT34 said I was being paid an amount back. I then realised I had made a R40 error on my tax return for my laptop depreciation. So I amended on my tax return and re-submitted. My calculation then said I was receiving about R4 less than before. Once submitted I received an IT34 stating I had to pay SARS R4. Which is the correct IT34 now? I can't possibly lose all the money I was getting back for changing an amount by R40? I was also requested to submit the laptop...
Written by Evan
Posted 9 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Hi Tim, thanks for a wonderfully informative site.
On SARS eFilings my tax returns were different from that of what I have on my IRP5 mailed to me by my work, so I corrected it. Which came back as me owing R16000 to SARS so I disputed and loaded the original on, now it shows I'm entitled to a refund after R21000-16000.
I submitted documents as requested and I'm also for audit. My question is will they pick up that I made an error initially and not refund me for the entire amount...
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Hi,
Please can you perhaps give me some advice? I am busy doing my tax return now and only thinks of it now... I don't have a bank account anymore and my salary etc is getting paid into my Dad's account. What must I do and how must I make to claim it now?
My ID and passport got stolen and I first need to get them before I can open my own account again. Is there any way that SARS can pay the money into the account my salary gets paid to?
Please if you can give me ...
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 8 July 2015
Written by Evan
Posted 7 July 2015
Good morning Tim, on the 1st of July I submitted my tax return via e-filing, on Friday the 3rd of July the status changed to assessed and a note saying that I should receive my assessment in my inbox within 2 weeks. I have not been select for an audit and am due a refund. I called the SARS contact number yesterday and was informed that my tax return had been assessed and was completed, however I have still not received any refund from SARS. My banking details etc are correct, I am just a bit con...
Written by Evan
Posted 7 July 2015
I am an employed person and have no trouble doing my tax return with SARS e-filing. What I would like to know is the following: Since October 2013 I have been paying my Mom's medical aid, she is a 70 year old pensioner (state pension grant) and not registered for tax. She is not on my medical aid as it is more affordable to have a separate medical aid for her.
This year she received a tax certificate from her medical aid. Is there any way in which I can claim for her medical aid cont...
