Property Ownership if I am living in another country?

  Written by Marc   Posted 17 September 2012

Great informative site!

A question for you please.

I live in the UK (and have done so for the pass 12 Yrs) but was born and bred in South Africa. I therefore have dual citizenship, having not renounced my SA .
I have recently been bequeathed property back in SA, which I plan to rent out for R5k/month.

Am I a tax resident now that I own an asset in the country and do I need to register as one now that I own property and do I need to start paying tax on the rental income ?...

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Late submission

  Written by Marc   Posted 17 September 2012

I have not yet submitted my previous tax year (2011) tax return and would like to do it now together with my 2012 tax return. I have seen that SARS penalises late returns by R250 per month. Is there any way to get them to be a bit more lenient on this penalty for my late submission, or is my only option to face the music?

Im having problems with claimig my km im a Rep and travelled about 60 000km

  Written by Marc   Posted 17 September 2012

I seem to be having a problem with claiming mu Km this year as last year I only travelled about 30 000km and apposed to this year I travelled 60 000 and the amount that I seem to be able to get back is less than half of last year?

When is eFiling for provisional taxpayers to be done?

  Written by Marc   Posted 17 September 2012

Hi Tim,
Even with e-filing, do I still have to submit my provisional tax by 31 Aug. I thought it was 28 Nov for e-filing. Please advise. Many thanks

How to do adjustments?

  Written by Marc   Posted 17 September 2012

I have made a mistake on the website, how do I go back and correct them?

What attachment do I need when submitting to eFiling?

  Written by Marc   Posted 17 September 2012

Do we need to attach something when we do eFiling on line lile irp5 and medical tax certificate?

where can i find the afrikaans version ?

  Written by Marc   Posted 17 September 2012

Where can I find the afrikaans version ?

RENTE BETAALBAAR BY N VOORLOPIGE BELASTING BETALER

  Written by Marc   Posted 17 September 2012

1) Vanaf watter datum hef SARS rente by n voorlopige belasting betaler wat sy indiening per Efiling doen indien hy moet inbetaal ?
2)Tot waneer het n voorlopige belasting betaler tyd om sy opgawe in te dien as hy dit met Efiling doen ?
3)Tot waneer het hy tyd om die aanslag te betaal ?

How do I know whether I am getting money back or paying?

  Written by Marc   Posted 17 September 2012

I submitted my tax form and on my notice of assessment it shows "Net amount refundable under this assessment after allowable credits" as R-0.03 however when I request a statement of account it shows a refund amount of R-3111.86. I am very confused - am I getting R3111.86 or 3 cents?

How do people get so much money back from SARS for ex: R 4000?

  Written by Marc   Posted 17 September 2012

We work for the same company and earn the same salary. He get R 4000 back from SARS and i get R 0????

Do my bond, life insurance, car payments etc have an effect on this?

Can I claim the local dividend exemption where I dont have a certificate for them?

  Written by Marc   Posted 17 September 2012

I dont have a certificate for my local dividends. Should I still enter the amount of local dividends I received in the TaxTim questionaire?

Is submitting a tax claim compulsory?

  Written by Marc   Posted 17 September 2012

Is there a penalty if i don't submit my IRP5 and medical tax certificate for my tax claim?

What is the tax on child maintenance?

  Written by Marc   Posted 17 September 2012

I am divorced. My ex pays monthly child maintenance for two children. Could you advise whether I have to include this monthly maintenance as part of my income?

TAX DEDUCTABLE?

  Written by Marc   Posted 17 September 2012

I am self-employed, with a irregular monthly income. Am I able to deduct the Rent that I pay for my therapy practice, from my gross income?

Tax deductable?

  Written by Marc   Posted 17 September 2012

Could you please let me know if any of the following are tax deductable:
1. Personal insurance for home and car
2. Membership fees to religious organization
3. Paying my child's university fees
4. Monthly fees for home security and maintenance service

Thanking you.

How much do you have to earn to apply for your tax back?

  Written by Marc   Posted 17 September 2012

I earn approximately R127K per year and was wondering if I can apply for my tax back.

I have submitted incorrect logbook information to SARS, what does that mean?

  Written by Marc   Posted 17 September 2012

I did not keep a detailed logbook for the year and made one up from memory when submitting my tax return. I have now been selected for an audit and fear that my supporting documents and logbook wont correspond. What do I do?

SARS sends me strange sms', does this mean I'm not going to get a tax refund?

  Written by Marc   Posted 17 September 2012

I received an sms saying"Thank you for filing your 2011 tax return Assesment Result: R-9 Selected for Audit : No
and the other filing for 2012 tax return Assesment Result R-24 Account Balance:R-33 selected for Audit: No

Passive income of spouses married in community of property?

  Written by Marc   Posted 17 September 2012

I understand that when one spouse recieves interest or dividends, that it is deemed to have acrrued equally between the spouses married in community of property. When completing the tax return and answering the questions that TaxTim asks you, do you fill in 50% of the interest or dividend that you earn as the other 50% will be taxed in the hands of the spouse, or do you fill in 100% of the interest or dividends?

I completed the tax form, how long will it take for any feedback or money to paid out to me?

  Written by Marc   Posted 17 September 2012

How long will it take to get money back?

What is a tax threshhold?

  Written by Marc   Posted 17 September 2012

Tax free R11,440, then 18% tax up to R160,000pa / Tax threshhold = R63556 - what is this tax threshhold?

Can I claim travel expenses if I haven't kept a logbook?

  Written by Marc   Posted 17 September 2012

I haven't kept a precise logbook for the year, may i still claim travel expenses as a deduction?

How do I combine my CC and personal tax?

  Written by Marc   Posted 17 September 2012

I need to know if I can enter info on two sections of my tax return ... one for my house which is registered in a Close Corporation. (normal house and I don't "trade" in this CC) I also need to do my own private tax.

Can I complete my wife's tax return?

  Written by Marc   Posted 17 September 2012

I would like to join for the purposes of completing my wife's tax which carries a travel allowance? Will you do that if I should join on her behalf?

On my IT34 it reflects a minus amount??? Does this mean I owe SARS money?

  Written by Marc   Posted 17 September 2012

What does it mean if on my IT34 a minus amount is reflected and then there is also a "dispute" icon that you can select , what does that mean ?
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