I need my tax reference number please?

  Written by Marc   Posted 21 November 2014

i dont know my tax id number can you send it to me please

Debit Loan Accounts & DWT

  Written by Marc   Posted 21 November 2014

I'm the sole member of a CC & have a debit loan account amount of approx R200,000 for the 2014 tax year.I believe that this raises certain DWT issues etc and was wondering if the CC charges me market related interest on this amount for the year & adds this amount to my loan account, would this solve my problem & not have to declare a dividend to balance the loan?If also heard that if the deemed dividend rule (DWT) will not apply if the loan is repaid or otherwise extinguished by...

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What is meant by "reduced assessment" and "additional assessment" in my ITA34?

  Written by Marc   Posted 21 November 2014

Hi TaxTim.

What is meant by "REDUCED ASSESSMENT" and "ADDITIONAL ASSESSMENT" in my IT34?

Thanks in advance.

Confused by SARS eFiling

  Written by Marc   Posted 21 November 2014

I did not submit a return last year as I had no income. I want to submit my current return, but I have no idea how to sort last year out....

Submission extension with SARS?

  Written by Marc   Posted 21 November 2014

how do I apply for a tax extension?

When to receive money on my account from SARS?

  Written by Marc   Posted 21 November 2014

When does the money appear in my bank account, after submitting my tax return (individual)

Started late in the year - when do I file and will I receive a refund?

  Written by Marc   Posted 21 November 2014

I started working at a company in August of this year (2014).My gross annual salary is R360,000/year.Since I am paying taxes based on a full 12-month cycle but would only have worked 7 months by End of March 2015, when do I need to file my first tax return and would I be eligible for a refund?Many thanks,Gideon

Do students doing internship pay tax and also earning less than R5000?

  Written by Marc   Posted 21 November 2014

I have been paying tax since I was a house committee at the university getting less than R500 then I became student assistant and got paid less than R4000 and still paid tax now i'll be doing my internship and will be getting around R5000 I want to know how much does one has to earn to pay tax because someone told me it has to be more than R5000?

Net Capital of Business for Sole Proprietors?

  Written by Marc   Posted 21 November 2014

I'm a Sole Proprietor.Under "Statement of Local Assets and Liabilities" there is a field "Net Capital of Business, Trade, Profession or Farming"I've already filled in all Profit and Loss under the section of "Local Business, Trade and Professional Income (incl. Rental Income)Do I just fill in the result (of Profit and Loss) again under "Net Capital of Business, Trade, Profession or Farming"?

should I do a tax form.

  Written by Marc   Posted 21 November 2014

I've worked in the DRC up to June 2013. Then I was put on pension. I was unemployed up to April 2014. I was not sure whether I still have to do my tax certificate. Thanks

Am I deducted or refunded?

  Written by Marc   Posted 21 November 2014

I am from the SARS for the first time in my life to submit my tax returns, I have received a sms Amount -R1459.79 does this mean its penalty or its an amount I receive on my bank?

Business parking fees

  Written by Marc   Posted 21 November 2014

Where in eFiling do you log business parking fees?
(If your business is in a business park)

What does "Return - Data Submitted to ITS" mean?

  Written by Marc   Posted 21 November 2014

Hi, my SARS status says "Return - Data Submitted To ITS" and has not changed since I submitted my assessment on 2014/09/07.

No one has asked for any documents or anything else, and I have not gotten any sms's from SARS as yet.

I did make a change to my assessment yesterday but reverted the change and saved again so the table with the Return Type, status, date, etc shows two records. One with a status of "Filed through eFiling" and the other with "Saved".

What doe...

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Do I need to include my pdf certificates?

  Written by Marc   Posted 21 November 2014

Do I need to include my IRP5 certificate, Momentum and medical aid tax forms with my return?

May I submit IRP5 2011-2013 through TaxTim?

  Written by Marc   Posted 21 November 2014

I have submitted a tax return for 2014 through TaxTim. I have outstanding IRP5 for 2013-2011 can I also submit them through TaxTim?

Medical Aid on ITR12?

  Written by Marc   Posted 21 November 2014

Where on my TaxTim submission do I enter the medical aid amount I have paid?

VAT REFUND - WHEN WILL IT BE PAID?

  Written by Marc   Posted 21 November 2014

HI I HAD FILLED MY VAT REFUND AND THEREAFTER REALISED THAT IT WAS IN CORRECT AFTER I HAD FILLED MY CORRECTION IT ADVISED ME THAT MY REFUND VERIFICATION WAS COMPLETE DOES THIS MEAN I DONT NEED TO SUBMIT SUPPORTING DOCUMENTS. AS THE GREENLIGHT HAS REFLECTED?

What is my eFiling login name and password?

  Written by Marc   Posted 21 November 2014

I want to do eFiling and I forgot my login name and password. I tried to reset both login name and password but to no avail.

What does minus mean on my tax return results?

  Written by Marc   Posted 21 November 2014

If assessment notice has a negative in front of the amount stated, does that mean you owe SARS?

If I have rental income can I claim the interest paid on my mortgage as an expenditure?

  Written by Marc   Posted 20 November 2014

If I have rental income can I claim the interest paid on my mortgage as an expenditure?

Bonds and Levies Tax deductable?

  Written by Marc   Posted 20 November 2014

1st time submitter, just completed and wanted to know if property costs like levies and bonds are factored in, as well as rental income?

Went from being owed to owing SARS money?

  Written by Marc   Posted 20 November 2014

Hey there, I am very confused. I originally filed and I was due a refund of R5429, but then I was asked to submit supporting documents . When I did this ,I was notified that I now have to pay R4790 back to SARS. I do not understand what is happening, how do I go from being owed money to now owing money? I really hope that you can help me.

How to input a donation on eFiling?

  Written by Marc   Posted 20 November 2014

I made a Section 18A donation. There is nowhere to input it on my eFiling. How do I enter and what is the source code?

How to file notice of objection on eFiling?

  Written by Marc   Posted 20 November 2014

How to file a notice of objection?

IT3(b) certificate how to enter it

  Written by Marc   Posted 20 November 2014

I have an IT3(b) tax certificate from my medical aid, but nowhere am I asked to include this during the process of filing my return?
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