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What should reflect on income received

  Written by Marc  

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  

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  

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  

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  

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  

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  

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  

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  

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  

What is IRP5 and how do I claim it?

Request for correction on VAT return

  Written by Marc  

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  

I want to know my tax number

How to replace receipts?

  Written by Marc  

I have lost petrol receipts, which was paid for with my company credit card. Can I use the bank statements? or is there any other means of replacing the original receipts?

Selected for audit

  Written by Marc  

Received a message from SARS with two different due dates for payments and one is already passed without any cent in my account what is that mean?

What is an IR3(b) actually saying??

  Written by Marc  

Does an IT3(B) interest received mean that you will receive that amount after declaring your tax? I received the ir3b from gepf requesting that I add it to my tax submission.

Where is Source code 4238 on ITR12

  Written by Marc  

How do I account for Local Taxable Dividends (REIT) (SARS Income Source Code 4238) on my ITR 12. I cant seem to find the relevant code and have tried various options on the "create form" wizard.

Accidentally pressed dispute button on SARS eFiling

  Written by Marc  

I submitted my tax return via SARS eFiling, and was audited. I submitted my documents manually at SARS office. Final assessment was completed and have a minus amount. I however per accident pressed the dispute button. What now?

Reit Dividends Tax

  Written by Marc  

Hello , I have received a Tax Certificate from my stock broker and it says Total nett REIT dividends for period R3709. 00 . Dividend holding tax has not been taken off . Must I declare this amount under Taxable Local Dividends on my return ? . Thanks Peter

Do I qualify for income tax in the new law.

  Written by Marc  

I have a small business renting apartments and my annual income is R 300 000 before expenses. I want to find out if I qualify for income tax with the new tax law.

Incorrectly submitted return

  Written by Marc  

Incorrectly submitted a tax return, wanted to click save but clicked on submit, any way I can resubmit, or do I need to dispute?

Provident fund doesnt work on my return???

  Written by Marc  

When I looked at my ITA34 Statement, it looks like my provident fund didnt pull though meaning it didnt get assesed amd calculated, now I owe SARS money. Is there a way of checking that out?

Taxation on gifts

  Written by Marc  

I received a referral gift on the sale of a property of R10000
I assume a gift under R10000 is tax free?

I have a question, I paid for my brothers hospital fees can I claim this as my medical expense

  Written by Marc  

Thank you for your valuable help. I have a question, I paid for my brothers hospital fees can I claim this as my medical expense. The costs were quite high.

What percentage is being deducted on R20 380?

  Written by Marc  

How much tax is going to be taken off from an amount of r 20380. 00. This includes a r12000 bonus and a salary of r8430. 00

Where do I put IT3c on the taxtim?

  Written by Marc  

An IT3c is a Tax Certificate received from an institution such as a bank or financial services,where do I put it on the taxtim?
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