Tax Q&A

answers

Two digit country code?

On efiling it keeps asking for a two digit "country code" & I can't complete the return without it... What is the country code for South Africa? Use ZA f

Read more
answers

Declaring Withholding Tax on Local Dividends

I have received my It3(b) certificates from the various investment companies I deal with. 3 of them show how much the withholding tax on my local dividends was,

Read more
answers

Can a 17 year old apply for a tax number?

Can a 17 year old apply for a tax number? Don't I have to be over 18 to qualify to get one? Yes they can, you can Obtain a tax number by clicking the link a

Read more
answers

Account balance due by you, what does this mean?

I submitted my IRP5 on Friday and received an SMS saying "thank you for filing your 2013 tax return, account balance: R2120 due by you, please refer to your mai

Read more
answers

What is AVS?

Hi Tim,I submitted some outstanding documents on the 01-08-2013 for audit and verification. Today 05-08-2013 when I check there is a msg that says AVS Bank with

Read more
answers

I own half of 2 properties plus earn R7000pa interest on savings. Do I have to pay tax?

Hi Tim,I am retired and earn approximately R7000 pa in interest on savings. Do I need to register as a tax payer? I am joint owner of our permanent residence pl

Read more
answers

Medical aid expenses on behalf of husband

Can I claim for medical aid contributions that I make on behalf of my husband? The money comes from my account as a debit order every month. Yes you can, as

Read more
answers

How would I be taxed if I am spending every second month out the country for work?

I have been offered a job within South Africa that has various branches across the world. I will be contracted by the company. Thus I will be spending every sec

Read more
answers

What is the period of getting your money back ?

I submitted my tax return on Wednesday 2013/07/31 and it was confirmed that I would get R1536 back and still today am still waiting for that money. When do you

Read more
answers

Dispute with a calculated result of negative R15000.00

Afternoon TimIt is my first time completing a tax return. SARS has come back to me with an assessed amount of -15000. Must I dispute this? I have paid enough ta

Read more
answers

Do I need to declare a lump sum death benefit payout to SARS?

My husband recently passed away and I received a lump sum death benefit payout, which already had tax deducted from it. Do I still need to declare this income a

Read more
answers

Dispute approved, but payment amount incorrect

Hi, I changed jobs and my pension fund was paid to me in a lump sum with tax deducted, but the liberty loaded irp5 incorrectly on e filing so it looked like I d

Read more
answers

Freelancer questions - Personal / business home office expense and wear & tear on a PC

I am a freelancer & am registered as a provisional tax payer. With regards to sharing rental costs, seeing that one of my rooms in my flat is used for my off

Read more
answers

If I pay upfront on TaxTim, can I do my tax return later?

If I sign up now and pay, can I fill in my tax return later? Yes, you can. You will be issued with a voucher code to use when you return to the site. The vou

Read more
answers

Does an additional assessment affect the first assessment of my tax return?

I have submitted my tax return and was then selected for audit/verification. I submitted the supporting documents and SARS indicates that they have received the

Read more
answers

Registration of employees who don't earn more than 5000 pm

I have a business with 8 employees who each earn below the threshold of tax. Do I have to register them? You would only need to register them for UIF purpose

Read more
answers

Forgot SARS username and password

I forgot my SARS I'd and password. Is there a way that you can resend it to me? You would need to phone SARS on 0800 00 7277 in order to have them resend it

Read more
answers

Can I register for a tax number before I get the job and then update the details?

Hi,I have not registered for a tax number yet and I want to start job hunting. Can I register for a tax number before I get the job and then update the details? T

Read more
answers

25% tax but under threshold

Hi Tim. I'm a freelance drama actor. I get paid around R3000 and am taxed at 25% each month. Do I get a percentage of my tax paid back, or all of it??? At

Read more
answers

Meaning of source code 3805

What does the source code 3805 mean? This is the source code used when your employer provides you with accommodation or a home at less than market value than

Read more
answers

Query Sars Status button

Where on e-filing do I find the "Query Sars Status" button? Looks like I can't find it. You will find it underneath the ITR12 return button which you clicked

Read more
answers

SARS says -R1000. What does that mean?

If there is an -R1000 in red on my assessment, what does that mean? It means you are due a refund from SARS. Their system reflects your balance from their po

Read more
answers

Can a refugee apply for a SARS tax number?

Can a non-South African (refugee status holder) apply for a SARS number? Yes you can. You would still need to Obtain a tax number by following this link and

Read more
answers

I got a Verification of Assessment letter - when do I get my refund?

I filed my return on the 19th July 2013 and got a letter indicating that I should submit supporting documents. On the 30th I submitted the supporting documents

Read more
answers

How to get tax money back

Hai. I want to know how to get my tax money back. From SARS. You would need to complete an ITR12 Income Tax Return and then submit it to SARS.If you don't ha

Read more

Page 272 of 317

Showing 6776–6800 of 7902 articles