What if my 180 days does not line up with a tax year? When do I submit the 180 days out of SA?

  Written by Evan   Posted 22 November 2015

If I work for more than 183 days outside SA, but my 12 consecutive months does not line up with a specific tax year. Say the last month fall in the next tax year, does it then mean that I will get tax back that I have paid the previous tax year for the days outside SA?

Out of pocket medical expenses deductions not showing on assessment

  Written by Evan   Posted 22 November 2015

I have completed my tax return via SARS eFiling and entered R10,200 rand worth of out of pocket medical expenses. When I click on "calculate" results I don't see any SARS reimbursements and the value SARS owes me doesn't change if I add and remove the out of pocket medical expense value. I don't see medical expenses on the calculated results on PDF it creates. Why is it being ignored?

Can financial derivative gains be declared on the ITR12

  Written by Evan   Posted 22 November 2015

I earned income using financial derivatives during the 2014/2015 tax year. I was not registered as a provisional tax payer. Can I declare my income on the ITR12 personal income tax return? If not, what steps do I need to take?

Married couple rental income

  Written by Evan   Posted 22 November 2015

Regarding rental income as a married couple married outside of communion, do I list it as a partnership with 50 percent share or do I enter only half of the income and expenses and then don't list it as a partnership?

Are medical aid details compulsory if below tax threshold?

  Written by Evan   Posted 22 November 2015

Do I have to fill in medical aid details if my income is below threshold and I know I will not receive any money back?

For rebates which are apportioned for year of death, do you include the day the person died?

  Written by Evan   Posted 22 November 2015

For rebates which are apportioned for year of death, do you include the day the person died?

Can I offset my rent paid against my rental income derived?

  Written by Evan   Posted 22 November 2015

I own an apartment that I let out. However I also rent an apartment for me to live in. Can I offset my rental expense against my rental income on my primary residence?

I have no IRP5

  Written by Evan   Posted 22 November 2015

What can I do if I don't have an IRP5?

Medical aid supporting documents

  Written by Evan   Posted 22 November 2015

SARS requested supporting documentation with reference to my medical expenses. Are you required to have the actual claims and payment receipts for medical expenses that were already covered by your scheme and appears on your tax certificate already (claims not recovered from the scheme)? For example, if SARS asked me for supporting docs would the tax certificate do? I don't have any other expenses - I submitted all my claims through my medical aid.

Declaring Dual listed company dividends

  Written by Evan   Posted 22 November 2015

I own Richemont and Billiton shares that are dual listed on the JSE. On my IT3b:

- Richemont dividends are shown as "foreign dividends" and 35% tax is deducted as "foreign tax paid".
- BHP Billiton dividends are shown as "foreign dividends" but the normal 15% witholding tax is deducted.

Do I need to declare both of these under foreign dividends and foreign tax credits or are they different?

Provisional tax payer - yes or no?

  Written by Evan   Posted 22 November 2015

I'm submitting tax as a normal tax payer (not provisional) as I am a salaried employee and I don't believe my business rental income exceeds R30k. Must I register as a provisional taxpayer?

Medical Gap Cover - claimable

  Written by Evan   Posted 22 November 2015

I changed from a medical aid with gap cover to a hospital plan with gap cover. I don't have the gap cover tax certificate nor the expenses we paid cash for when on the hospital plan. Is this important to obtain? I think I may be able to get both.

Travel expenditure claimable?

  Written by Evan   Posted 22 November 2015

I am contracted out from my company where I am employed as a permanent employee. I have realised that I should have a travel allowance as I should be able to claim all the km's from the office to the respective clients?

The claimable distances are about 26km x2 per working day. However, I don't have a travel allowance on my payslip. Your advice?

Tax benefit for working in a non-profit organisation

  Written by Evan   Posted 20 November 2015

I work for a global non-profit organisation. I am based in South Africa and my letter of employment is aligned with SA employment regulations and taxes. Are there any tax benefits that apply in this case?

Policies where does that go?

  Written by Marc   Posted 20 November 2015

Where do I put in medical aid contributions, retirement annuity, income protection, endowment policy, provident fund?

Thanking you
Debbie Mocke

Source code for admin fee on rental

  Written by Marc   Posted 20 November 2015

What is the source code for rental administration income as a third party?

CGT on jointly disposed asset

  Written by Marc   Posted 20 November 2015

How to complete a tax return when you have jointly disposed of a asset that attracts CGT. Do you load it on both's tax returns or only one - married ANC with accrual

Late submission of previous expenses in new next year

  Written by Marc   Posted 20 November 2015

How does one claim for items not included in previous tax returns which you came upon in the new tax year. Can I submit it along with my new tax returns or is it ever forgotten and lost.

Medical aid contribution certificates.

  Written by Marc   Posted 20 November 2015

How do I get my medical tax certificates if my old medical aid ignores me?

Where on my SARS form do I submit info for a Unit Trust Investment if I get a IT3(b) Portfolio incom

  Written by Marc   Posted 20 November 2015

Where on my SARS form do I submit info for a Unit Trust Investment if I get a IT3(b) Portfolio income summary?

Updating bank details do computer show is money are due to you?

  Written by Marc   Posted 20 November 2015

When updating bank details does computer show that their are money due to you?The SARS consultant updated my details but did not communicate if money are due to get paid in my account??

Is capital gain only for the period that a property is rented if it was a primary residence?

  Written by Marc   Posted 20 November 2015

I would like to sell a rental property which was my primary residence from 1 September 2007 -30 June 2012. It has been rented out from 1 July 2012 till the date of sale? December 2015. This means it was my primary residence for 5 out of 8 years. Is the capital gains calculated for the 3/8 years ie: 37,5%?

where do I put medical aid savings interest earned INCOME TAX - IT3(b) in the tax returns?

  Written by Marc   Posted 19 November 2015

This year I received R400 from an INCOME TAX - IT3(b) from the medical aid as interest earned, this is the first time I receive it with an amount previously it will just be R0. 00. Do I need to include this amount in my tax return and if I do where do I put in?

I think I have the wrong IRP5

  Written by Marc   Posted 19 November 2015

My period of employment was 01/05/2013. Can I still do that tax year?and how do I get a IRP5 for my current employment?I work for a real estate company and only get commission.

Which section does capital gains tax fall under?

  Written by Marc   Posted 19 November 2015

During the past tax year, my husband and I (married out of community of property) bought a property together to rent out. We fixed it, but subsequently sold it for various reasons. Which section does this capital gains tax fall under? It's not under interest/investments and the questions under "business" confuse me... Thanks,
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