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I got an IRP5, but I don't have a tax number?

  Written by Marc  

I would like to submit without going to tax offices?

How do I apply for a tax number for my two year old boy?

  Written by Marc  

My son is joining a modeling / advertising agency, but they require him to have a tax number, how do I go about getting this?

Unemployed for part of the year?

  Written by Marc  

For an employee who only worked for 50% of the year but was unemployed the other 50%, would the tax liability be prorated for this individual? Is his rebate still calculated on the full year or is it pro rated?

Can I enter provident fund contributions under code 4001?

  Written by Marc  

I was using your tax refund calculator I see that one can enter pension contributions (4001) but not provident fund contributions (4003). Why is this? I currently contribute towards a provident fund, what does this translate to tax wise?

Depriciation as per SARS Interpretation Note 47

  Written by Marc  

Good day, I hope you can clarify something for me. I have claimed depriciation on a vehicle that I use 80% for work. SARS have rejected this and noted that the deduction is dissalowed. Can you advise? Thanks

I submitted my eFiling tax returns on Friday 5.07.2013, now what?

  Written by Marc  

I received ITA34 notice with my tax number only until today 11.07.2013 nothing I received now I don't know whether I am owing or I will get refund, what must I do to make a follow up, please help?

I only started working this year, do I receive a tax refund?

  Written by Marc  

I started working on the 2nd of January and therefore my tax was below the threshold to submit my tax. I have heard that I can get all my tax for the first two months and was wondering if that was true?

I submitted my income tax return on 2013-07-10 & monies due to me is R2000-00.

  Written by Marc  

Is it possible that SARS can refund within 24hrs?

Why do I owe SARS money?

  Written by Marc  

Good day, I have a very straight forward tax return: I have an income, I receive a monthly reimbursement towards medical expenses (my husbands company pays for my medical aid) This is added to my monthly income and taxed. I pay PAYE and UIF and my RA is deducted from my salary. I have never owed SARS money until this year. I cannot understand why I would owe SARS money now? It's a very small amount that SARS say I owe them, however I am sure there is a problem and would like to get to the bottom...



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ITR12 FORM

  Written by Marc  

CAN YOU PLEASE HELP FIND THE ITR12 FORMS,OR EMAIL ME THE FORMS

How will I know if SARS audit is complete?

  Written by Marc  

I have submitted tax returns for 2011, 2012 and 2013 to get it all up to date. 2013 was not audited and they owed me R3600. 2011 and 2012 I was also owed money, but had to submit supporting documents as they had doubled the medical aid amount for sum reason. The Status says the documents have been received but take up to 5 days to be assessed. Today I received a Refund of R600 and they took R3 000 as an Admin Penalty Fee. A bit extreme as I had received a letter saying the penalty fee would only...



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Where on my return do I fill information in with regard to my IT3b?

  Written by Marc  

I have an IT3b and do not know how to file this info on eFiling?

what does AVS Bank with AVS verification pass mean?

  Written by Marc  

On my SARS eFiling the SARS status says AVS Bank with AVS verification pass. But what does this mean?

how do I get my tax number, I need it for a job.

  Written by Marc  

I need the number for a job application

What to hand in?

  Written by Marc  

What else should I hand in to accompany my IRP5?

Using your Credit Card as an "income"

  Written by Marc  

Hi Tim

I was retrenched a while back, well actually left due to the fact I was not paid for 6 months none the less, I had no other choice but to use my credit card to pay my bills for a while. So I would draw money and do a cash deposit in my account for my debit orders to go off. Would this be seen as a income? and would this money be taxed? Further to that, failing to find a full time job I worked casual labour to get by, but I had help from family and friends depositing monies in ...



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If I have a fulltime job and do part time freelance work on the side how would I pay tax?

  Written by Marc  

I have a full time job and want to start doing some freelance work on the side but don't know how I would pay tax for both incomes. Do I need to register for provisional and non provisional tax? Will I need to submit tax forms for both or can I do them together as one tax form? Also if I don't do any freelance work for a few months do I still need to submit a return for that period?

I earn 7200.000 p/a do I have to pay tax?

  Written by Marc  

How much do I have to pay on tax?

I have started working in July 2011 and tax is deducted in my salary. Will I get my tax money back?

  Written by Marc  

As I was not supplied with the IRP5 and just got it this month. Will I get all my money back as this is the third year without claiming the money?

Are some tax payers exempt from completing a tax return in South Africa?

  Written by Marc  

Are some tax payers exempt from completing a tax return in South Africa?

Second question: What is the current tax threshold which I understand as not having to pay tax if you earn less than the tax threshold, correct?

Can I claim study fees reimbursement?

  Written by Marc  

I am a salaried, permanently employed person. I claim on a semester basis (based on what I pass), the module registration fees and textbook fees. Up until about a year ago, I would receive the full amount claimed from the company. Now I don't. When I queried this I was told that I am paying tax on the amount that I claim to the tune of 40% or something. I was also told that if I had allowed the company to register for me etc then obviously I wouldn't pay anything unless I fail a module.
...



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IRP5 figures differ from eFiling IRP5?

  Written by Marc  

My IRP5 figures (amounts of money in codes ) differ from IRP5 figures on eFiling?

Why do I need TaxTim if I have eFiling?

  Written by Marc  

Why do I need TaxTim if I have eFiling?


THANK YOU

Can I claim for the depreciation of my vehicle for which I get an allowance or is that included?

  Written by Marc  

I get an allowance of R48 000 p.a and I incured costs of R75 000 inlcusive of the lease payment for the vehicle in my name. I also incured personal expenses of R765 not recovered from the medical aid. The SARS calculator retuned R9885. I dont think thats right.

Provident fund payout in 2013 assessment year

  Written by Marc  

Hi Tim, I received an IRP5 for provident fund for Year of assessment 2013. I included the amount of R416 363 (source code 3920) in my "income received" column, on the IRP5 they included this amount in the "Gross Non-retirement Funding Income" (source code 3698) column. However when I include it in this column on my return I get a message that the calculations does not add up.

I eventually included in the "Gross Retirement Funding income" (source code 3697) column (which is not correct) and they calculated it. BUT NOW my inital calculation was tax refund of R 4800 but after the second calculation I'm down to R0!! ...



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