Insolvency with SARS?

  Written by Marc   Posted 4 August 2015

SARS did not accept my tax return for refund this year. I disputed this and the dispute was disallowed for the following reason:

2015 tax return to be submitted on the after insolvency number

What does that mean? Why am I not entitled to claim back on my car allowance as I have a detailed logbook for this.

Medical Scheme Fees Tax Credit

  Written by Marc   Posted 4 August 2015

Good day,

I just want to make sure about the Medical Scheme Fees Tax Credit, source code 4116. My husband joined my medical scheme from July 2014, thus every month I pay for myself plus one dependent. In terms of section 6A (Medical scheme contributions tax credit), do I have a right to R257 tax credit per month for myself and for my husband? (Thus: (R257*12)myself + (R257*8)first dependent). On my completed IRP 5,from my previous employer, they only took myself into account for the medical scheme tax credit and not my dependent as well...

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SECOND DUE DATE FOR A REFUND

  Written by Marc   Posted 4 August 2015

I submitted my son's tax return 8/7/2015. Changed his banking details as well. On his ITA34 was a due date 01/08/2015 (he is due a refund of aprox R 2800. 00) They have not asked for verification of change of bank as yet. However when I look today there is a second due date 31/01/2016, please can you tell me what this means he has not recieved his refund as yet ?

HOME OFFICE EXPENSES on SARS eFiling?

  Written by Marc   Posted 4 August 2015

I'm working from my home, but receive a salary monthly. There isn't a office where I can sit and work, and therefore all the employees work from home. Can I deduct home office expenses from my tax return?

WHERE DO YOU FILL IN ABSA TAX CERTIFICATE IT3B INCOME SOURCE CODE 4201 ON ITR12 ?

  Written by Marc   Posted 4 August 2015

WHERE DO YOU FIND THE CODE 4201 ON ITR12 , CAUSE I RECEIVED A TAX CERTIFICATE FROM ABSA BANK AND THEY GAVE ME A INCOME SOURCE CODE FOR THE ITR12 BUT ITS NO WHERE ON THE ITR12 . . . . PLEASE HELP

When are Trusts supposed to submit a ITR12 tax return?

  Written by Evan   Posted 4 August 2015

As far as I know, provisional tax payers should submit their tax returns end of January and companies end of February, of the following year of assessment. But when are trusts supposed to submit their tax returns if they are not registered provisional taxpayers?

Income Protection Insurance (4018) on previous returns

  Written by Evan   Posted 4 August 2015

How do I include Income Protection Insurance on previous tax return submissions? Should I?

Correction on submission to SARS on individual return

  Written by Evan   Posted 4 August 2015

My Fiance received a travel allowance last year, due to seeing patients at home, she submitted her tax return before putting in her car value along with her mileage that she needs to claim, and hence didn't get any rebate from SARS. Is there anyway in which we can ask for a correction on the tax return from SARS, or what should we do? I am sure she should be due a rebate.

Refund process slow after audit

  Written by Evan   Posted 4 August 2015

I submitted my Personal income along with all other docs to SARS, I was to receive a refund. The following day I received a letter to be Audited. We submitted all relevant docs to SARS for the audit process.

When we looked on my status it said 1 August the audit will be done, but underneath it was still marked YES for audit and that was on 3rd of August. My tax consultant called SARS and they said that there is a block that needs to be removed and they will call back.

Wha...

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Employer refusing to give IRP5

  Written by Evan   Posted 4 August 2015

Good Morning. My daughter went to SARS to do her tax return and they asked her to submit her IRP 5 form from the previous employer although she earned very little. They employer does not want to give it to her as he says he changed accountants. What can she do please?

How to declare against source code 4238

  Written by Marc   Posted 3 August 2015

I have received a tax certificate from Allan Gray for one of my investments, there's an amount against the source code: 4238 - Taxable Local Dividends. How do I declare an amount received for this source code on e-filing?

Withdrawal from pension fund

  Written by Marc   Posted 3 August 2015

I have already received my 1/3 payment and am now receiving a monthly payment. Being foolish I have misused the money. Can the pension fund pay my outstanding houseloan and reduced my monthly payment

IT3b source codes

  Written by Marc   Posted 3 August 2015

I have a IT3(b) tax certificate from the bank , they gave me a income source code 4201 , please tell me where it is on the ITR12 ?

What should reflect on income received

  Written by Marc   Posted 3 August 2015

On IRP5 what should reflect on INCOME RECEIVED is it Total amount received per year or Total Package. Thank you

Delays and confusion

  Written by Marc   Posted 3 August 2015

I submitted 1 July, immediately asked for docs, sent them through, then on 12 July asked for more docs, sent them through and since then no communication from SARS. Received an SOA indicating the refund amount a transaction reference and the date being 1 August. That's today but no completion letter. Have phoned several times and all they say is it's still in progress. No new notes or requirements. What is the meaning of all this?

If I also can claim for tax return

  Written by Marc   Posted 3 August 2015

Can u also get tax return if ur monthly pay is 6700

Do I owe or I am Owed money by SARS?

  Written by Marc   Posted 3 August 2015

I filed my tax returns on the 7th of July through efiling and after submitting it came back saying: Assessment Notice, Date: 2015/07/07 and Amount: R-4771. 41. What I want to know is; does this mean I owe SARS this amount or it is due to me and if it is due to me, when can I expect it?

NB: I did not receive any message requesting additional documents.

2011 threshold for paying income tax.

  Written by Marc   Posted 3 August 2015

What was the threshold to pay income tax for the period 1/3/10 to 28/2/11. SARS asked me to submit documents for that year now.

What percentage tax should I be paying ?

  Written by Marc   Posted 3 August 2015

I earn a basic salary of R8 500

I pay a provident fund of R736. 00

That is all the deductions. What percentage tax should I be paying and what will my take home pay be after deductions?

Thanks

No returns available

  Written by Marc   Posted 3 August 2015

Hello I have registered on eFiling and submitted my outstanding documents at the. SARS branch manually but when I login to submit tax return it says "No tax returns found" what could be the problem as I have submitted last week already.

Timeline for verification process done by SARS

  Written by Marc   Posted 3 August 2015

How long does the verification process take done by SARS before submitting to GEPF for payment.

Living in foreign country and SARS requests documents

  Written by Marc   Posted 3 August 2015

SARS has requested proof of my husband's banking details AND documents to support the information given in his eFile. We now live in Canada and did our taxes online through the eFile system. 1. Where on the eFile system can I upload the documents they requested

2. Can my mother-in-law (who has legal power of attorney) take the banking details in on our behalf?

Thanks

What is IRP5

  Written by Marc   Posted 3 August 2015

What is IRP5 and how do I claim it?

Request for correction on VAT return

  Written by Marc   Posted 3 August 2015

I have discovered an error on a past VAT return (input tax amount was overstated) and did a "Request for Correction" on efiling. I changed the relevant amounts, resubmitted, and clicked "Pay Now" to pay the outstanding balance. However, the amount that came up was the full revised VAT payable amount, instead the full amount minus the amount originally paid. I then manually calculated the additional amount and paid only that, but am concerned that it seems like a discrepancy, even...

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Looking for my tax number

  Written by Marc   Posted 3 August 2015

I want to know my tax number
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