Pension fund withdrawal tax refund

  Written by Marc   Posted 2 July 2014

Can I get a tax refund from my pension fund withdrawal when I resigned and how does SARS work out how much you must be taxed on your lump sum?

SARS says I don't have to submit a tax return because I earn under R350 000

  Written by Marc   Posted 2 July 2014

I just got an email from SARS that said unless I earn over R350 000 a year I don't have to submit a tax return this year.

Is this correct? Wasn't the income threshold a LOT lower last year, like R70,000? My income certainly doesn't exceed R350000 per year, but I still want to declare my expenses like medical and get my refund. Must I still submit below the threshold?

Who must submit their income tax returns to SARS?

  Written by Marc   Posted 2 July 2014

Who qualifies to submit their tax returns?

Confused over SOA for SARS

  Written by Marc   Posted 2 July 2014

I submitted my tax return 01/07/2014 and there was a negative balance of R7752.11 which meant a refund is due to me. The only part I added was my medical expenses that I pay myself every month. I am a strictly commission earner as well. Today I receive my assessed IT34 and it says Statement of account assessment -7752.11 and then Refunds 7752.11. Balance 0. What does this mean? Am I not due anything back?

Codes needed for TAX return

  Written by Marc   Posted 2 July 2014

I need to claim for home office expenses and wear and tear on my own cellphone that I use for work ( I check and I qualify for the home office). Which codes to I use on my return for eFiling?

tax income number

  Written by Marc   Posted 2 July 2014

Kan ek asb my inkomstebelasting nommer verkry

What is portion paid on claims?

  Written by Marc   Posted 2 July 2014

On my medical aid certificate, what is this "your portion paid on claims"?

IRP5 is incorrect

  Written by Marc   Posted 2 July 2014

Hi I hope you can help me. on my IRP5 my commission pension and medical aid and pay and car shows as code 3601. when I went to the bookkeeper he said it must be like that. what can I do in this case?

Forgot username and password on eFiling

  Written by Marc   Posted 2 July 2014

Could you please assist me. I have forgotten my username and password. Would like submit my IRP5 via eFiling.

Made a mistake but don't want to pay again

  Written by Marc   Posted 2 July 2014

I have done my return on your side and realized I did a mistake after completion however your system does not allow to correct it, instead it requires me to pay again.

Investement at a loss. How do I claim on my income tax return?

  Written by Marc   Posted 2 July 2014

How do I complete my tax return if I have property that I am renting out at a loss. (Investment at a loss).
What are all the costs that I can claim for .

Do I receive a tax return on my cash medical bills paid?

  Written by Marc   Posted 2 July 2014

Hi my boy was born last year october. i paid all the bills cash it cost me about R45 000 will I be able to get a return on this and how do I go about it?

Why do get audited every year?

  Written by Marc   Posted 2 July 2014

Why do I get audited and asked for supporting docs every year from SARS?

Logbook for tax purposes, must one be kept?

  Written by Marc   Posted 2 July 2014

As a commission earner do I have to have a travel logbook?

How to claim taxed monies from SARS?

  Written by Marc   Posted 2 July 2014

I was working in company from 2005 to 2012 March ,then I lost my job. My pension fund was paid out, SARS taxed my monies. I want to know how do I claim my monies from SARS.

Medical claims on my ITR12?

  Written by Marc   Posted 2 July 2014

On my medical aid tax cert it says claims not recovered R******
where do I put this amount on my return?

I am diabetic and single no medical must paid cash what can I claim

  Written by Marc   Posted 2 July 2014

if I don't have medical and I am a diabetic and paid for all out of my pocket can I clam?

How do I claim working from home?

  Written by Marc   Posted 2 July 2014

I have been working as a salaried employee from a home based office (study), can I claim that space & electricity on my tax return? The company doesn't have a Cape Town office and all employees work from home. I've heard from a colleague one can claim rental, water, electricity, cleaning & refuse In either case - percentage of each based on the square meterage of the house we rent? We also moved halfway through the tax year - so there will be two rental amounts and the size of the room ...

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How long after submitting form must I wait for sms or email?

  Written by Marc   Posted 2 July 2014

Hi there. I filled in my tax return and submitted it via eFiling yesterday.
The assessment came up on the site. But I still have not received a sms or email.
How long should I wait for the email or sms. Thanks

For the tax year 2014... how long does SARS take to pay out?

  Written by Marc   Posted 2 July 2014

For the tax year 2014... how long does SARS take to pay out... There is no audit or anything flagged. Just want a rough idea as to when to expect the money.

Travel allowance and business kms

  Written by Marc   Posted 2 July 2014

I get R36000 travel allowance per year. My business mileage is just over 40000 kms.
When I do the calculation on efiling my return is the same when I put down 40000 business kms as it is when I put down 20000 business kms.
Is this correct?
Have I hit my 'threshold' ?

Thanks!

I need tax number

  Written by Marc   Posted 2 July 2014

What if I am unemployed for 3 years how can I get hold of my tax no?

Are personal details safe on eFiling?

  Written by Marc   Posted 2 July 2014

I want to know if my personal details safe on efilling

Feedback from SARS?

  Written by Marc   Posted 2 July 2014

I completed my SARS via eFiling and just wanted to find out from you whats next process, I did not get an email but my inbox says assessed 2014,-7700rands,

Can I claim expenses for a child I am in the process of adopting?

  Written by Marc   Posted 2 July 2014

My daughter is a single mother of one biological son who is 4. Does not receive maintenance from the father. She is also in the process of adopting an abandoned baby that she got in July 13. She has a court document in the meantime that she is a "safe house" for the baby and could not get a grant because it was not a fostered baby. She is covering all the expenses herself. Can she claim for any of the expenses for the baby until adoption takes place and where would it be recorded on the tax ...

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