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HOW WILL I REFUND EXCESS UIF CONTRIBUTIONS

  Written by Marc  

I HOLD TWO JOBS IN DIFFERENT COMPANIES, BOTH CONTRIBUTE TO UIF, WILL THE EXCESS CONTRIBUTIONS TO UIF BE REFUNDED ON MY TAX RETURNS?

Is a verification of assessment notice that assessment have been concluded?

  Written by Marc  

I received a Verification of Assessment and it states that refers to a specific tax period. No adjustment has been made to the assessment. Is this to say that the year of assessment can be deemed completed? All documents previously requested was provided etc. Am I not suppose to receive a ITA34?

SARS won't register me as an eFiler?

  Written by Marc  

I have completed a once off registration as an eFiler, told to wait 48 hrs for verification, the problem is it been weeks now nothing, when I log in to my profile to continue with my filing it still says I must wait for 48 hrs. Help wait to do now...

Tax on Severance Pay?

  Written by Marc  

how do you tax Severance Payment?

How much tax will I pay if I earned R 4216.86 in overtime worked?

  Written by Marc  

How much tax will I pay if I earned R 4216.86 in overtime worked?

Is it possible to be taxed 25% of your total income working part time?

  Written by Marc  

I would like to know if I am getting paid R5000 a month and I am working 15 hours a week which totals to 60 hours a month therefore how must should I be taxed by the company I am working for?

Should I fill in a tax return if I am studying full time this year without income?

  Written by Marc  

For the past 5 years I worked full time and filled in a tax form each year.

Since this year I am studying a full time Masters. I don't receive any income, I pay my studies (without bursary) and I also pay my medical insurance each month.

Should I fill in a tax return form this year?

How can I get my UIF?

  Written by Marc  

How can I get my UIF?

Source code for rental income?

  Written by Marc  

As rental income is included under 'business' I don't know how to find a source code as this is not listed.

How do I apply for a tax number online?

  Written by Marc  

Am a student doing my in service training, is it possible to apply for tax number online?

Are dependants on someone else's medical aid allowed to claim out of pocket medical expenses?

  Written by Marc  

Are dependents, on someone else's medical aid, allowed to claim out of pocket medical expenses from SARS, because the medical aid was depleted early in the year?

What will be the total tax payable to SARS?

  Written by Marc  

It would be appreciated if you can advise what will be the total tax payable to SARS. My age is 56 and I go on early retirement in oct 2014.

Provident lump sum is R940 000
My contributions to the PF is R260 000

Hi TaxTim just one question how long does a refund take

  Written by Marc  

Hi TaxTim just one question how long does a refund take I did eFiling on 23/09/2014 and gave supporting documents and still no word from SARS (20/10/2014)?

Acquisition of an asset less than actual value for tax purposes?

  Written by Marc  

how to calculate a fringe benefit on an asset acquired less than its value?

Do I get a Tax Refund if I change jobs?

  Written by Marc  

I heard somewhere that if I changed jobs this year or worked for less than 12 months then I might get a tax refund back from SARS.

Is this true? If so, can you explain why?

Closing date for tax returns to be filed with SARS?

  Written by Marc  

When is the closing date for tax return?

Travel allowance?

  Written by Marc  

If you have a travel remibursement recorded under code 3702 by your employee do you record that as a travel allowance?

Tax on Forex withdrawals

  Written by Marc  

I am 21 years old and I have recently started Trading on the Forex Market to try and help finance my studies. I've been trained very well and am doing pretty well on the platform.

The course the I am going to be studying costs R 35 000,00. The thing is I need to withdraw that amount and still keep about R 10 000,00 in the account in order to keep the account 'tradable'. As well as have some money on the side to help me get through the month for petrol and so on and so forth.



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My spouse and 2 sons are at university, can I claim for student fees?

  Written by Marc  

My spouse and 2 sons are at university, can I claim for student fees?

Am I registered with SARS for an income tax number?

  Written by Marc  

I would like to know if I'm registered with SARS?

Claim Unpaid tax returns from SARS?

  Written by Marc  

Will SARS ever pay out my unpaid tax returns. SARS should hold records of my annual tax deductions from my various employment. So how should I claim for what is rightfully mine?

claiming rental expenses against bond (residential)

  Written by Marc  

Hello Tim,I came across this and would like some advice on whether or not it means I shouldn't claim rental expenses for the space I use for office purposes in my home. I'm still paying the bond towards the property and use one of the rooms as an office. (beware, if you own your home, do not write off a portion of your interest on your bond or rates, as you will lose your primary residence capital gains exemption of R2-million! When you sell your property one day, this would equate to ...



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Do I submit an IRP6 for the sale of a primary property if there is no Cap Gains Tax payable?

  Written by Marc  

On 3rd October 2014, I received proceeds from the sale of my primary residence. By my calculations, no capital tax is payable. I am registered as a provisional taxpayer, but have not had reason to pay any provisional tax for 5 years. Do I need to submit a provisional tax return on the sale by Feb 2015, or can I wait until I need to submit an ITR12 next year?

Do I get 2009 tax return?

  Written by Marc  

Do people get tax return from previous years?

Can I see on the calculation if they going to audit me?

  Written by Marc  

If I do my tax and ask to calculate before I submit it will it show me on the calculation if I they going to audit me?
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