Two different IT34's

  Written by Evan   Posted 6 July 2015

Good Day. I submitted my tax return on e-filing. I got an It34 stating an amount to be paid back to me. I then realised that their was a R4 difference on my laptop depreciation. I corrected it and resubmitted my Tax return (as they requested laptop invoice and figures need to match) I did the calculation and it showed about R4 less that I would be receiving back. But I then received another IT34 stating that I owed SARS R4. Which IT34 is correct? I changed an amount by R4 I can't possibly lo...

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Statement of account was issued, does it mean my audit is finalized?

  Written by Evan   Posted 6 July 2015

I have been selected for Audit, I electronically submitted the supporting documentation after which SARS issued a statement of account, does this mean the Audit is finalized? Can I expect my refund?

SARS Refund 2015

  Written by Evan   Posted 6 July 2015

I submitted on 1 July 2015. No extra documents were asked for. Last year I received the refund within 3 days. I have still not received my refund for 2015. Did rules change for 2015?

Own Education fees, tax deductible if employed?

  Written by Evan   Posted 6 July 2015

Good day TaxTim. My question: I am currently full time employed and working partly on commission, I am also studying towards a post graduate qualification that is perfectly in line with my current occupation.

I am paying my studies out of my own pocket and not receiving anything from my employer. Can I deduct this studies as an expense or any deduction in my income tax return and under what code, because I feel that this is in the proses of earning an income?

Provident Fund and Child Maintenance

  Written by Evan   Posted 6 July 2015

Good evening Tim. Just a quick question, where do I stipulate my provident fund and that I am paying child maintenance on Sars Efiling?

Can I claim for the above?

Can I deduct student fees and text books of 4016

  Written by Evan   Posted 6 July 2015

Hi Tim,
I'm working full time as social worker and studying part time to become a psychologist. The latter earns much more than current job. My question: can I deduct my study fees and text books of 4016 Other of where else can I deduct it?

Why SARS is taxing my overtime money and my normal pay

  Written by Evan   Posted 6 July 2015

Why SARS taxed my over time money?

What can be claimed in case of a second property bought in the current tax year?

  Written by Evan   Posted 6 July 2015

Hi Tim,
I bought a flat in April 2014, which is rented out to students to supplement my income once I retire. What can I claim from SARS for the tax year ending February 2015, i. E. Transfer costs, bond repayment, levies, municipal services, maintenance, security upgrades? Your advice will be appreciated.

Employed Commission Earner and Investor - Where do I stand?

  Written by Evan   Posted 5 July 2015

Hello

I am hoping you can help. A few things:

My retirement annuity reflects as code 3697 on my payslip. Is this normal, does it count the same as 4002?

I receive a car allowance, but my vehicle installments, insurance and petrol costs me more, is there a smarter way of doing this?

More than 50% of my salary was commission from a single employer this year. Can I still claim fuel,l insurance and depreciation although I have a car allowance? What other expenses can I legitimately claim (i.e entertainment, networking meetings etc. ) Can I claim for expenses my company have re-imbursed me for?...

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My employer CC closed. Where do I get my IRP5?

  Written by Evan   Posted 5 July 2015

Hi Tim. I was the bookkeeper for a cc until end Jan 2015 when they closed doors. The only member passed away in Dec 2014 with no will.

I have contacted the attorneys who will be dealing with his estate to ask them for my IRP5. Their response was that they have been waiting for 4 months to be appointed as executors and do not know when they will be appointed.

How do I submit my tax return this year? I went to SARS with payslips and bank statements and they advised that the...

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Payments from SARS

  Written by Evan   Posted 5 July 2015

Ok so SARS owes me money. Do I have to fill in my banking details again under my online SARS eFiling profile, and which option should I choose?

Thanks

Treatment of rent with joint ownership

  Written by Evan   Posted 5 July 2015

I am married under COP and I am a housewife. Purchased an investment flat with an inheritance. This is my sole income of R3500 pm. Do I show the rental income under husband's return or do I need to register with SARs and submit my own?

Can I submit outstanding tax returns from 2012 and will I get heavily penalized?

  Written by Evan   Posted 5 July 2015

It's my first time submitting my tax returns this year, I have not submitted before, but have been paying income tax since 2012, can I submit for all my outstanding years and will I get penalized heavily? And how do I go about getting it all done?

Do I have to declare my Abu Dhabi (UAE) salary to SARS and if so, where in the tax return ITR12 ?

  Written by Evan   Posted 5 July 2015

I have a residence visa and work in Abu Dhabi (UAE) for the past 10 years for a local Abu Dhabi company. I visit South Africa once a year and always stay less than 30 days per year. The tax treaty between South Africa and the UAE is still pending. I also comply to all the provisions of S(10)1(o). Therefore I do not pay tax on my UAE income. My question is. . . Do I have to declare my Abu Dhabi (UAE) salary to SARS and if yes where in the TAX Return ITR12?

Business traveling expense

  Written by Evan   Posted 4 July 2015

Claiming business travel for commission earners using their own vehicle.

Claim cell & ADSL expenses

  Written by Evan   Posted 4 July 2015

How do you claim cell phones & ADSL lines expenses as a commission earner?

When will my return be submitted?

  Written by Evan   Posted 4 July 2015

I'm not sure what to do next? I have followed all the instructions on this site (I think) and also set up SARS "authorized with shared access", but my return still says "issued" not submitted.

How do I incorporate use of rental car on tax return?

  Written by Evan   Posted 4 July 2015

My employer-provided vehicle had to go for major repairs (gone for 2 months plus). During this time my employer rented a car for me, with which I did some business km's. How do I incorporate this scenario on my tax return?

Is it a scam or is it legal within SARS to do tax return for commission on refund?

  Written by Evan   Posted 4 July 2015

I would like to know if I can claim my tax return via people around the community who claim that they doing it for business purpose where we have to pay them 30% of the money we get after they claimed for us?

Do permanent residents (not citizens) working abroad need to file a tax return?

  Written by Evan   Posted 4 July 2015

I am a Zimbabwean citizen with South Africa permanent residence status. I worked in South Africa for five years. However, last year I left South Africa and now works in Zimbabwe but have a property there and frequently visit South Africa on a monthly basis. Do I need to file a return on my income earned in Zimbabwe and will I be taxed?

Medical refund for 69 year old

  Written by Evan   Posted 4 July 2015

I am 69 years old and paid over R32,000 in medical aid expenses. How much of this can I expect to get back?

How to claim for Vehicle Expenses as an Estate Agent

  Written by Evan   Posted 4 July 2015

I am an estate agent where I sell property and I am purely on commission only. No basic salary. I do know that I can claim for my petrol for business purposes. And I am also aware that I need to have a logbook for proof of mileage. However, on my IRP5 I cannot seem to enter the Petrol, Wear and Tear, Oil, Maintanance and Repairs, Insurance etc etc. Please help me as to how I can include that in my ITR12 form.

How long does it take for SARS to pay me after audit?

  Written by Evan   Posted 4 July 2015

I submitted my IT return on the 1 July 2015 and were asked to scan my documents. Which I did at Kimberly branch. I received a long SMS about an audit. How long does it take for SARS to refund me after scanning my documents?

Supporting documents for tax return - don't have medical receipts

  Written by Evan   Posted 4 July 2015

Hi,

I have been selected to provide supporting documentation relating to my personal tax return, I accidentally submitted my return twice and now I have to provide the documents. I only have my IRP5 and medical tax certificates available which I used to complete my return but I do not have any receipts available that I saved for medical expenses paid from my own pocket.

Would this be a problem if I only then submit what I have available?

Treatment of dividends on IRP5

  Written by Evan   Posted 4 July 2015

I am retired and received dividends from my company. Would that reflect in my IRP5?
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