Tax Q&A

Company has no VAT number

My company doesn't have a VAT registration number, so what should I put in the IT14SD? Complete a zero for this field if the company is not registered fo

Tax when selling the shares

I previously received an opportunity to invest in shares through my company. I invested a portion of my income every month and every six months shares were pu

Underestimated tax paid (IRP6)

I am a provisional taxpayer. I have not yet received my final payslip, but I will be receiving it quite soon. On my IRP6 tax return, I have indicated that the

Relocation expenses

I got a new job and the new company is paying me one month's salary as relocation allowance. I understand that this is taxed, but can I have any tax deducti

Movement of assets

What does movement of assets mean? This query relates to question 7680 "What was the movement in Assets, Liabilities and/or Reserves?" in the Dormant Compani

I still have source code 3697 and 3698 on my IRP5 for 2018

Question: Where can I input source code 3697 or 3698 from my IRP5? I do not see a place for this anywhere? Answer: Those codes are no lo

Time to lodge a dispute

How long do you have to lodge a dispute on an assessment? You have 30 days from the date of the assessment to lodge the dispute. If you've missed this, you

Bitcoin and Tax

Are the earnings from Bitcoin taxable? SARS have issued guidance stating bitcoin is to be treated as a normal share trade. So, if you're trading it for rev

No time to go to SARS

I cannot get the time to go to SARS, is there a service that youoffer to get my SARS eFilling account active and then also submitting my IRP5s? Unfortunate

MY TAX RETURNS

Doctor's fees deductible if not on medical aid?

Good Day. During 2016/2017 my wife stayed with me before we got married. We both had doctors visits but I did not have a medical aid yet. Can the doctor's

P2p interest

I earned interest on a Peer 2 Peer investment in the UK, at https://www. Ratesetter. Com/. As this is a non-SA entity they do not provide IT3(b) statements. I

SARS does not want to pay me the money it owes me.

Good day, SARS owes me money, had to go through the ombudsman to prove this, successfully did so however, SARS now requires that I prove that I actually did p

Difference between provident fund and retirement annuity?

There is no code 4006 on my IRP5, but I pay into a provident fund via my employer. There is an amount with code 4003/4473 (the same amount). Do I need to ente

Full amount of shares paid out or profit?

I had MTN Zakhele shares which reach maturity and were paid out in December 2016. Do I include the amount that was paid into my bank account or the difference

FW: Tax season reminder - 1 tax return due

I keep receiving these messages. I have completed everything. Please advise as to how to submit? Much appreciated. Thanks and regards, Kindly log into your

E-filing query and TaxTim

I am a provisional taxpayer and would like to make use of TaxTim. However Iam not registered with E-filing. Therefore, must I be registered with SARSE-fili

RAF

Kindly advice me on tax deductions regarding RAF maximum amount that ca bededucted. If a person is on Salary range of 280 000 to 300 000 p.a. The employer and

Old 2009/2010 efiling returns

SARS say they upgraded their system and have now seen i did not file a tax return in 2009,2010 and have fined me for each year. Both years i was under the thr

What is accounting fees?

What are accounting fees? This house is in a complex where levies are charged, does this count as accounting fees? Accounting fees, would be if you used an

Outstanding certificates

I have not yet received a certificate for my personal Retirement Annuity? This query relates to question 6803 "Please enter the name of the Fund. You will find

Claim on Pharmacy Bills

I didn't keep my pharmacy receipts, may I still claim for these amounts? They do reflect on the my medical aid statement. If they reflect on the medical a

Change of login details

I'd like to change my email address as well as my password. Please login to your TaxTim profile and then click on MY PROFILE, you can make the changes the

Registration Verification

I've received this message each time I make the request: "The tax type cannot be moved because the registration of the holding taxpayer is awaiting registrati

Renting Property and Travel Costs

I'm renting out property in Cape Town and I stay in Johannesburg. When travelling down to Cape Town for maintenance/inspections purposes, do I claim the actua