i have my documents,i want to claim my tax,what do I do now?

  Written by Marc   Posted 21 August 2014

I have got my IRP5 and my medical aid certificate, what do I do now?

What is the turnover limit of a small business corporation for the February 2014 year end?

  Written by Marc   Posted 21 August 2014

What is the turnover limit of a small business corporation for the February 2014 year end, is it 14 million or 20 million?

Refund waiting period once selected for an audit

  Written by Marc   Posted 21 August 2014

I filed my return on the 07th July 2014 via eFiling, immediately received my ITA34 and statement of account, I was requested to submit supporting docs immediately which I submitted on the 09th July via eFiling, I then received a call to resubmit these docs on the 21st July 2014, which I uploaded on the 24th July 2014 via eFiling. I received a notice letter for referral for an audit on 06th August 2014. I contacted the call center on the 01st August and they confirmed they received all documentat...

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DEDUCTIONS DISALLOWED on NET MEDICAL DEDUCTIONS Section?

  Written by Marc   Posted 21 August 2014

After submitting my return this year, I was requested to submit the supporting documents
My Original assessment state: -8076.00 (2 Adults and one child for 10 months and 2 Adults and 2 children for 2 months)
I received the completion letter one week after the completion letter with "no change was made on your assessment".
After 2 weeks from the date I received the completion letter, I received another request to submit supporting documents.
The additional assessment state: 8076.00 Final amount:0 With the reason...

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What about my out of pocket medical expenses?

  Written by Marc   Posted 21 August 2014

Last tax year I paid almost R5000 in medical bills that medical aid did not cover?

when I did my return online I got nothimng back

how come

Does SARS verify medical information with the medical schemes?

  Written by Marc   Posted 21 August 2014

I submitted my return on the 3rd July 2014, and still have not received my refund, I was requested to submit supporting docs which I did, I even went to the branch to submit the documents on the 11th July 2014, every time I call their call center i'm being told its still being assessed? why so long? I have medical aid, do they actually call the medical schemes to verify information with them or what?

Can my wife claim medical expenses that we pay jointly on her return alone?

  Written by Marc   Posted 20 August 2014

Both my wife and I are employed taxpayers. Her gross salary is in the order of 24000/month and mine is in the order of 34000/month as of January 1st of next year (it's slightly less at the moment). Our medical aid payment is about R1900/month. Last year, I didn't get any benefit for this on my tax return, since the total contributions were less than 7.5% of my salary. Is it legal and acceptable for me to stop claiming any medical expenses on my tax return, and having her claim it all on hers? If...

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Can I apply for a bond if I don't pay tax?

  Written by Marc   Posted 20 August 2014

I earn R5200 a month I guess my income is not taxable but can I apply for a home loan if my salary doesn't have tax information??

Is it possible for me to do my own business tax returns?

  Written by Marc   Posted 20 August 2014

I am having my own business for which I fill tax returns. Is it possible to do them on my own

WHEN SUBMITTING A TAX RETURN, DO I RECEIVE MONEY BACK?

  Written by Marc   Posted 20 August 2014

WHEN SUBMITTING TAX, DO I RECEIVE MONEY BACK?

Will I get my refund even though ITSA has been selected for audit?

  Written by Marc   Posted 20 August 2014

Amazing blog u help so many people.

What does it mean when says my statement of account assessed but on my ITSA it says YES I have been selected for audit .

My 2010 & 2013 return is due and between June 2010 -June 2012 I have been unemployed, why must I sub

  Written by Marc   Posted 20 August 2014

I have to submit my 2010 tax return which was not done then, I was employed from : February 2010?%u20AC%u201C June 2010 and thereafter no employment till June 2013, and must submit the 2013 one too. Please advise as I don't understand why I got sms's to submit for period was unemployed.

Have never filed tax returns? What is required from me?

  Written by Marc   Posted 20 August 2014

Have never filed tax returns? What is required from me?

SARS supporting docs - Home Office Expenses?

  Written by Marc   Posted 20 August 2014

I have a client who needs to submit supporting docs for income received from the employer while working at home. A SARS rep mentioned it needs to be submitted in standard calculation format. What is this format?

Is a CCMA representative a PSP?

  Written by Marc   Posted 20 August 2014

Is a consulting business seen as a personal service provider? I would like to start a company where we render a service to companies and farmers to do their HR for them as well as represent them at any labour related issues, private or at the ccma. I will be the only employee at first, but if I am correct I will be able to register a cc or pty ltd in my name with tax benefits....Thanks

Refund after audit - why are SARS taking so long?

  Written by Marc   Posted 19 August 2014

I'm referring to your post on the 6th of August regarding the delay in the refunds. I was selected for audit/verification and submitted supporting docs on the 2nd of July. The 3rd I received a letter of completion that stated that no adjustments will be made and that the verification has been completed. After a week I phoned in to enquire about the refund and the call centre told me their is a special stopper on my account and that they will have to escalate the call to get the stopper removed. ...

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Time duration to payment on SARS income tax verification

  Written by Marc   Posted 19 August 2014

Hi there. I've submitted my tax return. I received a notification that SARS has to verify my tax return. I've submitted all the necessary documentation. How long does this normally take, for them to verify and pay me?

Please give an example how to calculate the medical rebates?

  Written by Marc   Posted 19 August 2014

Tim,I am a Mathematical Literacy teacher and we do tax calculations. Is it possible to give an example how to calculate the medical rebates?

Why does employer put the same amount on code 4005, 4474 and 3810 yet I contribute 100% to own med?

  Written by Marc   Posted 19 August 2014

Why would an employer put the same amount on code 4005, 4474 and 3810 yet I contribute 100% to own my medical aid? The deductions are directly subtracted from my CTC and the company contributes 0% and therefore I don't have any fringe benefit.

Gift Taxation

  Written by Marc   Posted 19 August 2014

Is a gift of money given from Mother to Son regarded as a donation?
Is any amount exceeding R100,000 given as a gift taxable?
Does the SARS rules re Donations and Gifts also apply to moving money from one offshore bank account to another family members offshore bank account? This money was taken out legally.
Do you have to declare a Donation or a Gift of R100,000 on your Income Tax Return and, if so, under which section?

Do I have to pay PAYE and what is my nett amount?

  Written by Marc   Posted 19 August 2014

If I earn R6000 per month:
1. how much would I clear after UIF
2. Do I have to pay any PAYE? If so how much?
3. And after R500 for my own RA?

How how much tax will I pay on a earnings of about R 25 970

  Written by Marc   Posted 19 August 2014

How how much tax will I pay on a earning of about R 25 970

How much will cost me to pay taxtim for helping me with my tax return?

  Written by Marc   Posted 19 August 2014

How much should I pay to TaxTim for helping me with my tax return?

What is taxpayer move request?

  Written by Marc   Posted 18 August 2014

When do SARS send a person a taxpayer move request acknowledgement?

How do I know if I am a tax resident of South Africa?

  Written by Marc   Posted 18 August 2014

My client was employed in Zimbabwe for 11 of 12 months, so he qualifies as being out of the country for more than 183 days. However, he regularly traveled back to SA on week-ends for a break, so was never out of the country for more than the 60 days in a row as required. Does this then disqualify him from being a non-resident for tax purposes?
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