Where to put IT3b amount on the income tax return?

  Written by Marc   Posted 1 July 2014

Where to put IT3b amount on the ITR12?

How to fill in ITR12 form for 2014, when 2 vehicles were used?

  Written by Marc   Posted 1 July 2014

how to fill in ITR12 form for 2014, when 2 vehicles were used?

Correct source code for medical expenses on the income tax return?

  Written by Marc   Posted 1 July 2014

Do I put the amount not covered by medical aid next to code 4020 or 4040. If I put the amount next to wrong code and submitted my return can it be rectified?

Is a verification of income tax return the same as an audit?

  Written by Marc   Posted 1 July 2014

Is a verification of income tax return the same as an audit?
I know SARS says 21 days but has anyone's verification been complete and paid out before 21 days?

Retirement Benefits

  Written by Marc   Posted 1 July 2014

I have a retirement annuity with my company through NMG. They pay half, I pay half. But now I don't see anything under Code 4006 on my IRP5? I have my details on my Retirement Benefits, should this be on the Tax Return? If so, how do I get it on the IRP5/ Return's Page on SARS eFiling?

From what date until what date do I claim for medical expenses I paid out of my pocket?

  Written by Marc   Posted 1 July 2014

from what date until what date do I claim for medical expenses I paid out of my pocket

Can I claim for spectacles on my ITR12?

  Written by Marc   Posted 1 July 2014

Can I claim for spectacles on my tax return?

I have never claimed before.. I want to submit my IRP5's, now what?

  Written by Marc   Posted 1 July 2014

I have been working for various companies, earning not very much. in the past 1 year and 6 months I worked for a company where for the first time got an IRP5.. and money was being deducted from my commission. I don't know much about tax, and I never claimed. no medical aid..

what do I need to do?

UK State Pension on SARS eFiling?

  Written by Marc   Posted 1 July 2014

I believe that UK State Pension is not taxable income in South Africa. Is that true? In particular, is it necessary to mention it at all when doing SARS eFiling?

Final Assessment on the ITA34?

  Written by Marc   Posted 1 July 2014

My final tax assessment on eFiling reflects R-12000 (negative) for 2014 and R2000 ( ) for 2013, do I owe SARS money or they owe me?

Am I liable for tax on the repayment of a loan account and how do I reflect this in my tax return?

  Written by Marc   Posted 1 July 2014

I invested (in the form of a loan account) in a start up private company as a shareholder at the end of 2004. I have been receiving monthly income from the company since mid 2013 as repayment of the original loan account plus annual interest. How do I account for these repayments in my tax return and am I liable for tax on these repayments of the loan account?

OTC meds for tax purposes?

  Written by Marc   Posted 1 July 2014

Do OTC meds include vitamins and minerals? I have bought these items for quite a large amount but havent kept the receipts.

Registration when married in COP?

  Written by Marc   Posted 1 July 2014

How to register when married COP on an ITR12?

I claimed medical and traveling what is the supporting docs necessary for SARS?

  Written by Marc   Posted 1 July 2014

I claimed medical and traveling what is the supporting docs necessary for SARS?

Do I get tax refund money this year?

  Written by Marc   Posted 1 July 2014

I want to know if I get tax refund this year?

Is a commission based salary taxed differently?

  Written by Marc   Posted 1 July 2014

A lot of people have told me that you get taxed more on a commission based salary than on a fixed monthly salary but I cannot find any evidence to support this. Is it true? Are you taxed more on commission earnings?

We are a non profit organisation, do we need to pay tax in any way?

  Written by Marc   Posted 1 July 2014

We are a non profit organisation, do we need to pay tax in any way?

I get paid R3600 per month, do I need to pay tax or register anything at all with SARS?

  Written by Marc   Posted 1 July 2014

I have been working for a church since June last year and we are registered as non profit, was getting R3000, till now effective this June am now getting R3600 and I do not work full time. Can I register to pay for tax? do I need to register anything at all with SARS?

Do I owe SARS?

  Written by Marc   Posted 1 July 2014

Do I owe SARS for this tax year?

Are prior period deductions allowed?

  Written by Marc   Posted 1 July 2014

Can I claim the purchase of glasses that was done 2 years ago? The purchase was from my own pocket and the claim was never done before?

What are the tax benefits of pension fund contributions?

  Written by Marc   Posted 1 July 2014

If I paid more money in my pension can I claim it from my tax?

Joint tax return

  Written by Marc   Posted 1 July 2014

Can you file a joint tax return if your spouse earns below R250 000 from a single employer? If so how do you go about doing this?

Provident Fund Contributions

  Written by Marc   Posted 1 July 2014

Hi. My provident fund contributions through my employer does not reflect on my Employee Tax Certificate.

It does however reflect as a sum on my payslip as at Feb 2014.

Do I include the provident fund amount listed under (4473) for the amount to be entered under (4006) on the tax return for retirement annuity contributions?

Thanks

Do I pay tax on overtime and travel allowance?

  Written by Marc   Posted 1 July 2014

Are overtime and travel allowances taxable incomes?

Receiving income from 2 employers

  Written by Marc   Posted 1 July 2014

I am receiving 2 IRP5s from 2 employers. Suddenly at the tax year end I find that I have been taxed too little. Calculating my income in 2 parts places me in a "x" bracket. Now when the 2 is calculated together I am being calculated in a different bracket and shows a huge amount of tax due. How do I prevent this?
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