Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply

TaxTim's Blog

Rental income of a jointly owned property

  Written by Evan  

My husband and I are married out of community of property but jointly own a flat that we rent out. When completing my provisional tax return do I include 50% of the income and expenses in mine and 50% in his return or do I include 100% in both our returns and then select the 50% partner option?

My statement of account balance changed to zero. Help

  Written by Evan  

Why has my statement of account balance changed? Yesterday it had the refund due to me, when I my efiling profile check this morning my balance is R0.00. Does this mean assessment is complete and I should be receiving my refund today or tomorrow?

Allocation of PPS on the tax return

  Written by Evan  

Where do you allocate PPS Loss of income on the tax return?

Freelance income on top of salaried employment

  Written by Evan  

My fiancé has full time employment and receives a monthly salary. He did a small freelance job last year which earned him R2000. How do we go about declaring this amount via efiling?

Will I be charged tax on pounds transferred to SA?

  Written by Evan  

I am a South African resident working in the UK. I am currently being paid in pounds into a British bank account. I am self employed and will be paying taxes in the UK. I understand that I am liable to pay SARS the difference in taxes between UK and SA. What I would like to know is how it works with me sending money back to SA? Will I be taxed extra on this money or will it all just be calculated in the tax return on earnings?

I need my tax reference number now

  Written by Evan  

I already have a tax number. But I need it now, and I'm nowhere near SARS. Can I get it as an SMS on my phone?

Travelling expenses independent contractor

  Written by Evan  

I work as a independent contractor through a agency contracted to Nedbank, I am an IT Solutions Architect , my cost to company is R75,000 pm. Can I claim my travel on SARS efiling? It's not set out on my IRP5 with a code for travelling expenses.

Says I don't have to submit a tax return because I earn under R350 000

  Written by Evan  

Says I don't have to submit a tax return because I earn under R350 000. Is this true? Why has SARS changed their mind?

Supporting docs turn around time for approval

  Written by Evan  

Hi,

I submitted my Tax return for 2015 and my SARS calculation showed that I am owed a refund. However I was asked for supporting documents which I submitted. Does SARS give you a confirmation once all documents have been verified? How long does the verification process take?

Provisional tax threshold

  Written by Evan  

Good Morning,

My husband has recently started a business (in June 2015). It is his only source of income. When will he become liable to pay his personal provisional tax, and does he still need to pay if he is earning less than R5000.00 a month? Does he need to register as a provisional taxpayer already?

Thanks

Already paid but cannot continue

  Written by Evan  

I have already paid for subscription but cannot continue as the website asks me to make another payment. Why do I need to make 2 payments if I haven't completed my tax return yet?

How to declare Taxable Local Dividends (code 4238) on tax return

  Written by Evan  

I would like to know where on my tax return (ITR12) should I declare the taxable local dividends (4238). It is from the income tax certificate I received for my unit trusts. The code wasn't on last year's certificate. Both the relevant questions are ticked yes (i. E. 'Did you receive income from interest (local and foreign) and / or taxable foreign dividends?' and 'Did you receive exempt local / and or foreign dividend income?') There is, however, no code 4238 on the inco...



Read more →

Medical Expenses for Tax Return

  Written by Evan  

I was on maternity leave for 4 months last year, I only joined a medical aid in August and baby was only covered from October. My whole pregnancy was paid for cash ( +- R60 000 ) I have calculated my return and it is not what I was hoping for. How does medical expenses paid cash work out?

Bursary repayment deduction

  Written by Evan  

I'm am repaying a bursary on a monthly basis. Can I use it as an deduction on my personal income?

Thank you

Will SARS still pay me if I lodged a dispute by mistake?

  Written by Evan  

I accidentally clicked dispute on my statement and now it is asking for documents. Will SARS still pay me if I ignore the dispute?

Tax returns on provident fund

  Written by Evan  

Hi, I would like to know is it possible to claim tax returns on your provident fund that was payed out as a lump sum and where to start?

Deduct medical expense

  Written by Evan  

Can I deduct medical expense I paid myself if don't have medical aid?

Documents required for tax returns at SARS

  Written by Evan  

What do I carry along when I am going to SARS?

Logbook too big to upload?

  Written by Evan  

Hi Tim,
I've been asked by SARS to provide supporting doc's, problem is my logbook is 120 pages via "the Little Logbook" GPS logbook. I know we are limited to 20 pages and 2MB for uploads. Can I submit the 1st and last page showing opening and closing, or should drop all the pages with a SARS office. Thanks!

My registration number

  Written by Evan  

What is my registration number?

Didn't find proof of residence, no proof of address

  Written by Evan  

I want to change an address at SARS and I can't find any proof of address documents such as statements. What an I use to prove my address?

Rental income at a loss

  Written by Evan  

Hi,

I have a apartment that I rent out. The rental income is R5000 which is R350 less that the total expenses
Levies R680
Rates & Taxes R270
Agent Commision R400
Home Loan Interest R4000

Can this loss be deducted from my annual salaried income, and how do I do this ?

I was medical boarded for 11 months and survived with disability grant

  Written by Evan  

I was medical boarded for 11 months. Do I need pay tax whilst depending on grant? Will taxman compensate me during this difficult time?

RA contribution refunds

  Written by Evan  

I have done a calculation of my assessment. I was under the impression I will get all my RA contributions back as a refund but I did not. Is this correct? And my extra medical expenses, where do they go?

Clarity on pension lump sum

  Written by Evan  

I took a lump sum of my pension. Will I get money back?
Older posts →← Newer posts    163  164  165  166  167  168  169  170  171  172  173  174  175  176  177  178  179  180  181  182  183

Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.