Tax Q&A

Missed primary residence exemption; paid CGT; can Section 93 correct after 3 years?

Pieter asked: I sold a property in 2020 which initially was my primary residence and later rented out. On my 2021 ITR12, I declared the sale but failed to indic

Crypto loss

In June 2023 I transfered etherium from binance to Valr in order to withdraw but I made a mistake and sent it on the wrong chain which means I lost it all. Ca

Provisional tax

Please help file my provisional tax return Please refer to our Provisional Tax Guide . Please log in, click your IRP6 tax return and work through all the

Outstanding Taxes Sequestration

HiI was sequestrated in 2015, of late though I was receiving SMS notifications that SARS has issued correspondence, I login and find no correspondence what so

Supporting Documents

Good daySARS is requesting documents that I have already sent to them, the only piece of information I havent supplied is the ID document and verified bank st

I need guidance on how to fulfill a SARS request for a detailed medical schedule

Hi TaxTim,I%u2019ve received a follow-up request from SARS regarding my 2025 medical claim of R*****. I have already submitted all the receipts I have and I%u

Is the income declared on my IRP6 supposed to show on my ITR12?

I am filing my ITR12 for the 2024 tax year and my form is only showing income derived from Investments. I am a provisional tax payer and I've submitted my IRP6

I live abroad and earn rental income in SA. is this submitted normally?

I worked abroad and want to file my tax return? I have worked abroad for the full year and fall under all points that my salary wouldn't be taxed in SA. I sti

CGT on sale of jointly owned primary residence

How is the capital gain on the sale of a primary residence split between owners? Where do I specify there are two owners? Your system does not allow me to en

Sec 20 A amount

I can't successfully submit my tax due to a sec20A response from SARS eFiling, do you have any idea what this means? Section 20A relates to an assessed loss. D

I dont know whether the questions are related to me personally or the company

In the assets and liabilities section of my annual income tax return, as a director, when they ask about vehicles etc. Is it my personal vehicles or the compa

Medical aid premiums deducted for a sole proprietorship through income statement

If I am a sole proprietor can I expense my monthly medical aid premium in full through the income statement? Unfortunately, this is not regarded by SARS as

Organisation tax

How can I see what my next step in terms of filing a tax return for my organisation, even if no trading or profit was made? I assume you are referring to a

Tax treatment of a director's loan

What are the tax implication if I loan money to my company to buy a vehicle? We have a loan agreement in which the company will repay the loan to me in instal

Can I claim medical expenses incurred that I didn't get back?

My wife gave birth during this tax year, and medical aid didn't cover the expense of doctors, can I claim this? The Doctors bills we're 400% above med

Should I be registered for VAT?

Dear TaxTimIt has recently come to my attention that I should maybe have registered for VAT. Can you please advise me. I am a contractor providing a writing a

Claim medical expenses for my mom who is not on my medical aid?

How can I claim medical expenses for my mom who is a dependent but not on a medical aid? she is also disabled. She has a few disabilities that I have incurred

Can I claim expenses when rental property is vacant

My rental property was not occupied for a period of 2 months (October and November), while I was trying to find a new tenant. Can I claim expenses (interest,

Is my ITR-DD form still valid if it was first signed in December 2016?

I need your assistance regarding SARS%u2019s request for my 2025 ITR12 tax return. SARS has asked me to resubmit an ITR-DD form. The current ITR-DD for my dep

SARS refund on hold - do not have the historic tax returns

I don't have copies of my outstanding tax returns for previous years, SARS has put my refund on hold It looks like you need to file 2014 and 2017. Ple

Everything you need to know about Pay Periods on your IRP5

What are Pay Periods? Your IRP5 has two fields on it that relate to Pay Periods: Periods in a year of assessment No. of periods worked Period employed fro

Who is the CIPC?

IRP5 from an unrecognized company

There is an IRP5 from a company I don't recognise, with a value I didn't enter. I have two IRP5's and entered that data but on my final submission I can see t

Unemployed Periods Section on the ITR12 Tax Return

There is a section on the ITR12 tax return that asks you to indicate any periods during the tax year when you were not working (i.e., were unemployed). This se

Salary and Consulting

I am already paying income tax on my salary, I now want to do consulting work, what is the best way to handle tax in this regard? If you do consulting work