Tax Q&A

Are amounts of separate IT3b documents added together?

I have two IT3b documents from different sources. Should I add them together? This query relates to question 6480 "Please enter the total interest amount earn

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Financial instruments

I am busy correcting my tax returns but have a query on financial instruments listed. Does my retirement annuity(s) value also need to be submitted as part of

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Penalty for non-submission

I received a notification from SARS indicating that I have admin penaltiesindicating that ITS outstanding tax returns for 2008, 2009 and 2010. What does this m

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What are cost of sales in a consulting business

What would cost of sales be in a consulting business - would my time be the cost? Would it be paper, laptop etc? This query relates to question 4216 "Please en

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Submit a return with medical aid claims on

I wanted to enquire approximately how much it would cost for me to do my Tax Returns? Just an estimation. It would be just for me. Straight forward Gross Salary

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I received two assessments from SARS

I submitted my tax return and received a refund outcome, I later received another assessment with a different refund amount, can you explain this to me please

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2 IRP5s and commission

Before paying the fee I just want to make sure you'll be able to help me. From March to July. I earned a normal salary but from August I earn a basic and comm

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Is RA and pension the same?

I'm not sure how the deductions for my pension works as my employer has been deducting pension from my salary under code 4001. Do I still enter any amounts un

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Declaring other income to SARS

I am full time employed but I have earned additional income by lecturing a couple of hours during the year at a different employer. This employer did not dedu

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View already submitted ITR12 on TaxTim

Where can I find my SARS tax return I submitted for 2017 via Tax Tim to go and validate the info I captured? If you have an SARS eFiling profile then you c

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Rental expenses, capital or running expenses?

Please assist on the below as I cannot find additionalinformation within the current questions on your blog:While not a monthly expense - it is mentioned that

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Company cars and travel claim

I work for a motor car company and drive many vehicles, which registration number should I use? You would need to use one car at a time. The system will as

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Edit an already submitted return

I submitted my tax on the 03/07 and a couple of days after that I got a newtax statementfrom my medical aid stating that the previous one is incorrect. This re

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Rental income for a room

I have earned rental income from renting out a room in our house. How do I calculate the electricity, rates and taxes (and bond interest) deductible against t

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Debit interest

I receive an IT3(b) Certificate from FNB but there's no credit interest earned only debit interest paid. Does that get included on the tax return? Debit int

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Saving the TaxTim Logbook

I need to submit my logbook to SARS, I used the TaxTim logbook. How do Isave the logbook so that I can upload it? If you click on the 'Tax' button in the l

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Previously unemployed: Should I still file?

I wasn't employed from May 2013 till July 2015. Should I still file my tax return even if I don't have an IRP5 as I wasn't working? It would be best to fi

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Tax Clearance Certificate for business

How do I obtain a tax clearance certificate for a business that has only been registered but have not received any income? You need to find out the tax ref

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SARS Verification Audit

With regards to tax returns, if SARS does a verification audit can TaxTim assist with this too? Yes, our system will automatically prompt you with an upl

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Medical Aid Expenses for previous tax years

I was retrenched April 2014 but continued paying for my medical aid in mypersonal capacity. I only claimed for out of pocket medical expenses andnot what I pa

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Can't get my IRP5

I'm unable to get my second IRP5 from my part-time employer - would I be able to access it on the SARS website? Yes, you should be able to if they submitte

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Business Tax Return

I just wanted to find out if you deal with business tax? I've recently started a company and would just like to know what SARS will want to see in respect to

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Capital allowances written off

"Capital allowances written off" I do not understand what this statement means. This would be any asset write-downs you might have recorded for accounting

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IRP5 changes

How come my IRP5 is different from last season? there's no code 3697 and 3698 The source codes for 2017 have changed. These codes have been replaced by

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Which option do I select on eFiling?

Which field do I select on eFiling to add income (in dollars) earned from freelancing? It will be under Foreign Income and not Foreign Services. This will

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