Tax refund from previous years?

  Written by Marc   Posted 25 August 2014

I have never claimed tax sins I started working and would like to claim this year . Will I get money back from the previous tax return years?

Can I claim work related bank fees?

  Written by Marc   Posted 25 August 2014

Making withdrawals from a PayPal account into my SA bank account incurs FNB transaction fees that run me a few hundred rand every month. 100% of my funds in my PayPal account are earnings for freelance jobs I do online, so can I claim those FNB fees since it is basically an expense to get my income into the country?

Changing a tax return already filed

  Written by Marc   Posted 25 August 2014

I did not make a claim for medical expenses on my 2013 income tax return which I filed a year ago. I have now discovered that I could have claimed a deduction for medical expenses in excess of 7.5% of my taxable income. Can I change a tax return that has already been submitted to SARS, and if so, how do I do this on eFiling and how is this likely to be viewed by SARS?

Original Amount still owed to SARS after re- submission with medical costs paid

  Written by Marc   Posted 25 August 2014

I want some clarification as I am confused after having spoken to SARS today. I queried the amount they say I owe for my 2013 Tax return. Which I submitted in 2013 and then requested a correction now in July as I had not put in medical aid expenses I paid on my own and the number of members for my medical aid was stated as 1 instead of 2. When I submitted the frst one in 2013 I owed them about R3100- nw after the correction and it been audited they owed me R2700....what surprises me is that th...

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ITA34 dispute?

  Written by Marc   Posted 25 August 2014

When is the ITA34 disputed and why is do u dispute it?

I don't understand what an ITA34 is?

  Written by Marc   Posted 25 August 2014

What is an ITA34?

my taxmumber

  Written by Marc   Posted 25 August 2014

I m looking 4 my tax number please help?

How does tax work on your salary, plus overtime plus commission?

  Written by Marc   Posted 25 August 2014

I need to find out, if I earn around R5400 a month and I get over time and commission and my salary then shoots to R6800.00, should I pay tax and how much tax?

Not employed, do I still have to file a tax return?

  Written by Marc   Posted 25 August 2014

How do I prove to SARS that I was at home with my children and not working?

Primary Residence Capital Gains Question?

  Written by Marc   Posted 25 August 2014

If I rented out my primary residence in JHB, while myself renting another property in CT (in lieu of my primary residence) for a period of 6 years, and then sold the primary residence in JHB to buy a primary residence in CT - am I liable for Capital Gains tax on the primary residence in JHB?

What is SARS refund review?

  Written by Marc   Posted 25 August 2014

I've been selected for an audit and SARS requested supporting documents which I sent. When I called the call centre they said it will take 30 working days to be finalised.

I called again after 30 working days and they said iv been selected for a refund review and it will take another 30 working days to be finalised.

I don't understand what a refund review means? Did I do something wrong? Please help.

Which motor vehicle expenses to claim through company versus personally?

  Written by Marc   Posted 25 August 2014

I am the sole director of a company. I travel extensively for business using my personal vehicle. My question is do I deduct vehicle expenses such as petrol, insurance, services etc.. through the company, or do I rather take these deductions into account in submitting my personal tax return?

Are small courses taken by me deductible for tax purposes?

  Written by Marc   Posted 25 August 2014

Just a quick question, I was paying for a course myself that most companies send their employees on. This course ran over 12 weeks and is extremely expensive. Is it possible to claim this also from Tax?

How do I get my UIF?

  Written by Marc   Posted 25 August 2014

How do I apply so that I can get my UIF am not working anymore.

What about my tax returns?

  Written by Marc   Posted 25 August 2014

I am not working I need money I heard that I can apply online for a tax return?

Will SARS suspect me of tax evasion If I don't declare a watch(R23 000) donated to a friend.

  Written by Marc   Posted 25 August 2014

What happens if SARS finds out about a casual gift(a watch) I have given to a friend. Will SARS investigate me for tax evasion if I have donated a watch valued at R23 000 to a friend and I have not declared any details relating to that donation on any tax returns. I'm aware that I would qualify for the R100 000 general exemption for donation.

IRP6 - how to indicate a financial loss on IRP6?

  Written by Marc   Posted 25 August 2014

I need to complete an IRP6 for 2015 period 01. I am making a loss and would appreciate the assistance on how I would indicate the taxable income in order to reflect the loss.

Also would the amount for taxable income be from March 2014 to the end of Aug 2014, or would it also as per turnover be for the March 2014 to Feb 2015?

What does it means if my tax return has a positive amount?

  Written by Marc   Posted 25 August 2014

What does it mean if my tax return reflects a positive amount?

What does a negative value mean on my tax return?

  Written by Marc   Posted 25 August 2014

My tax return has a negative value, what does it mean?

I pushed dispute on my ITA34 and nothing happened?

  Written by Marc   Posted 24 August 2014

What if I accidentally pushed the dispute button on my return form it has been 4 weeks and I have not received my return?

Risk of underestimation of provisional tax in August?

  Written by Marc   Posted 24 August 2014

If you underestimate your provisional tax in the August submission, but then are better able to more accurately estimate it in February, are you penalised for the under estimation in August? Furthermore, are there possibly any thresholds for underestimation in August which gives rise to a penalty, even if you accurately submit in February. Or is it is you're able to estimate accurately in February, that there are no penalties induced despite the underestimation in August?

What percentage of electricity can I claim when working from home?

  Written by Marc   Posted 24 August 2014

As a freelancer working from home I realize I can claim certain expenses such as electricity. I have seen several sources indicate that I can claim a percentage based on the size of my home office in relation to my entire home, is that the rule?

My work space is maybe 10% of my home but I can confidently say that at least 30% of my electricity expenses is due to the various electronic equipment running 24/7 in that area. How much can I claim, 10% or 30%?

Can I get a tax number without a bank account?

  Written by Marc   Posted 24 August 2014

Can I get a tax number even i don't have a bank account?

What about my income tax?

  Written by Marc   Posted 23 August 2014

HOW WILL I KNOW THAT I AM OWNING SARS OR IF SARS IS OWING ME?

Do I put out-of-pocket medical expenses under 4020 AND/OR 4040 ? I do not belong to a medical aid

  Written by Marc   Posted 23 August 2014

I do not belong to a medical aid and was wondering do I put my out-of-pocket medical expenses under source code 4020 or 4040 ? Because the 4040 code is compulsory if you say yes to " did you incur any medical expenses" and in the other questions you say that it must be put in 4020 ? So must 0 be written under 4040 ?
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