Where does the amount under Deductions/Contributions on my IRP5 come from?

  Written by Marc   Posted 6 November 2012

I would like to understand all the amounts reflected on my IRP5 and their source codes.

What does it mean to receive a penalty?

  Written by Marc   Posted 6 November 2012

What does it mean to receive a penalty?

Can l still submit my return if I receive a penalty ?

  Written by Marc   Posted 6 November 2012

Can I still submit my return after receiving a penalty?

I am a provisional tax payer, but I want to claim on my annuities at year end, where do I do that?

  Written by Marc   Posted 6 November 2012

There is no space on the IRP6 to fill it in?

How much tax must I pay if I earn R70 000p/a?

  Written by Marc   Posted 6 November 2012

I started work as a instructor and earn commision so it differs month to month how much must I pay on tax if I earn +- r70000 p/a

Where do fill info regarding source code 6506 it3(c)?

  Written by Marc   Posted 6 November 2012

I cannot find where to enter the capital gain relative to sale of unit trust units?

What about fees paid to the HPCSA? Are they tax deductible?

  Written by Marc   Posted 6 November 2012

I don't see any fees paid by me as reflected on my return as per TaxTim for the HPCSA and other fees as related to my profession- oral hygiene (cpd point package as required by HPCSA and a dental association), I only work for commission and want to know if I can deduct other expenses such as cellphone and petrol ? It doesn't get asked on your TaxTim and I suppose it needs corresponding codes for your IRP5 return?

How do I file my tax return for the first time?

  Written by Marc   Posted 6 November 2012

I haven't done a tax return before but I was registered by my employer. Ho do I go about doing my returns and what penalties should I expect? Can you help in this situation and what will it cost if you can?

How can I get my tax number?

  Written by Marc   Posted 6 November 2012

How do I apply for a tax number?

Can I deduct the interest I pay on my home loan?

  Written by Marc   Posted 6 November 2012

I have received a tax certificate from my bank showing the amount of interest I was changed during the tax year. Where (if anywhere) do I capture this on my tax return?

What is the closing date for filing my individual tax return? I have just recovered from a terrible

  Written by Marc   Posted 6 November 2012

I am not sure of the kilometers I traveled, can I also get help on how to include this?

How do I account for Rental Income in my personal tax return?

  Written by Marc   Posted 6 November 2012

I have a property in a sectional title that I have rented out since 1 October 2011. Where and what do I fill in on my tax return?

What if I have a company registered in the Seychelles, but I am a South African taxpayer?

  Written by Marc   Posted 6 November 2012

I am a South African citizen residing in South Africa and work from home on the Internet. My company is registered offshore in the Seychells and have an offshore bank account in Mauritius. I have no clients in South Africa or Africa, but work with clients in other countries and have mandates with companies in the USA, Moscow and Hong Kong. I stand a good chance to earn a substantial commission which will be paid into my offshore account. Can I opt to pay taxes in Mauritius as i also want to...

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How do I get a tax rerence number for a deceased individual?

  Written by Marc   Posted 6 November 2012

I am looking for a tax reference number for my late mother as places like Sanlam require it. How do I go about finding it?

Why have SARS not allowed all my medical expenses as a tax deduction?

  Written by Marc   Posted 6 November 2012

I have completed my efiling however now have a query. I claim back about R4000 worth of medical expenses incurred by myself, but was only refund R600. Is this an error?

Why does it appear to be so difficult t upload a document on e-filing?

  Written by Marc   Posted 6 November 2012

I have tried every way i can think of to upload a document but i still get a message saying something like error - no document uploaded.

I am a reserve soldier and only recieve a salary when I am working

  Written by Marc   Posted 3 November 2012

I am a reserve soldier, so I only get paid my salary when I am camping. Hence I have trouble answering this provisional question.

If I was apart of a graduate programme, is the salary I received taxable?

  Written by Marc   Posted 2 November 2012

I received a monthly salary during a 7 month Graduate Programme, which had taxed deducted per month.
I've heard some people say the were able to get the deducted tax back, and would like to know if this is true? If so, how would I go about getting that back?

How do I check my tax return payment online?

  Written by Marc   Posted 2 November 2012

I want to check whether the monies owed by SARS were deposited into my given bank account, online if possible please.

Souce code 4002 and 4006

  Written by Marc   Posted 1 November 2012

On my document there is no 4002 and 4006. What amount must I include?

Retrenchment pay-out tax code

  Written by Marc   Posted 1 November 2012

During the 2012 tax year I received a retrenchment pay-out. It is reflected on my IRP5 with tax code 3907. According to the tax code definition I got off the SARS website 3907 is defined as: "Other lump sums (e.g. backdated salaries extended over previous tax years, not approved funds)."

Tax code 3901 is defined as: "Gratuities (retirement / retrenchment)."

Does it matter that the code seems to be incorrect on my IRP5, is there a tax implication?

Where do I include the Gross non-taxable income - source code 3696?

  Written by Marc   Posted 31 October 2012

If one receives an annuity and the annuity certificate states that there is a gross non-taxable portion (Code 3696) and a gross non-retirement fund employment income (Code 3698), which amount do I have to disclose in my tax return ans when completing the TaxTim questionnaire?

What is source code 4142 on my IRP5?

  Written by Marc   Posted 31 October 2012

What is code 4142 and how is it applied in taxable income?

How do I register for tax after employer's bookkeeper told me I can't and that she must register me!

  Written by Marc   Posted 31 October 2012

I started working for a company 4 years ago,and last year only became an employee,as previously I was a contractor.

Last year they started deducting tax,and when we had a meeting about it,I asked the bookkeeper for my tax number as I have no idea how tax work,and she yelled at me and said I am not allowed to register, especially not for eFiling, as she is the only one that can do this and she is in the process.
I then got my IRP5 form with my tax paid,and then heard I should've r...

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I earn R8500 and have never been registered at SARS, my boss says I don't need to, is this correct?

  Written by Marc   Posted 31 October 2012

I earn R8500 a month, which is the most I've ever earned. My boss keeps my salary low because he says that way I won't pay tax. I am so ignorant. Am I breaking the law or is my boss? SARS doesn't know I exist. Would I be fined? I don't have any savings stored up either. It's not that I did this on purpose. If I register it'll jeopardize my job. In fact, everyone working for him isn't registered with SARS. Isn't there a form you're supposed to have at ...

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