Tax Q&A

answers

Living overseas and claiming expenses

If I've emigrated but still receive my monthly annuity from pension / retirement fund can I claim for medical expenses paid for overseas, no medical aid in RS

Read more
answers

I need a tax number, I never had one before

At work I'm asked to bring my tax number but I never had one, so what must I do to get a tax number? Please read our article on How to get a SARS tax numb

Read more
answers

Severance Pay Tax

Last year I was retrenched, took the package, and was told that the severance piece was tax free, as it was way below the R500k, just under R40k, got a direct

Read more
answers

SARS status "Return assessed" - what does this mean?

Hi, Please assist. I did my tax return on SARS eFiling on the 1st of July. Not chosen for validation or audit. I have not yet received the money although onli

Read more
answers

What must I do: Reminder to respond to tax type move request

Hi Tim I received sms message which reads: Reminder to respond to tax type move request with reference xxxxxxxx. Failure to respond within 2 days will result

Read more
answers

SARS status return assessed

Hi Tim after SARS eFiling I got a message SARS status saying tax return assessed. It also says I will get notice after two weeks on my SARS eFiling attachment

Read more
answers

Audit income tax but unemployed

I used to be employed, but from 02/2014 to now I am not. I submitted a nil tax return and have now been selected for audit. They are asking for documents. Wha

Read more
answers

Calculations of refund after submitting correction

I completed my SARS tax return. My IT34 said I was being paid an amount back. I then realised I had made a R40 error on my tax return for my laptop depreciati

Read more
answers

Where do I fill in source code 4251?

Where do I fill in source code 4251? This would be completed in the capital gains/losses section of the tax return referring to losses on sales of shares.

Read more
answers

How can I change my banking details on my tax return

How can I change my banking details on my tax return? You can just edit them when you open up your tax return as normal. As long as you enter in the latest

Read more
answers

Do I need to do tax return even if I earn less but still have medical aid?

I don't get deducted tax because of low income, but I have a medical aid.. And I was given employee tax certificate also. Do I need to do tax return also? Or

Read more
answers

Is there penalties for late submission of IRP5?

If I submit late IRP5 for 2013 and 2014 now do I get a penalties? If you have not been penalised yet then no you should not be, but submit asap!

Read more
answers

Login name and security questions

I cant find my login name for SARS eFilling. Please call 0800 00 7277 and ask them to pass your details to you.

Read more
answers

Can you help me get my old IRP5?

I am looking for my IRP5 and I do not work there any more. You need to ask the old company for your IRP5, they have to give it to you.

Read more
answers

What message to look for when done with audit

Hi how does it work if I get a message that says IT34 and that I have been selected for a audit? I know that they're going to audit me. But what will the mess

Read more
answers

Do I have to pay provisional tax for my company and myself?

I have paid provisional tax for my small business and taken the profits after tax for personal use. Will I have to pay provisional tax as an individual for th

Read more
answers

Why can't I get R21,000 initially?

Hi Tim, thanks for a wonderfully informative site. On SARS eFilings my tax returns were different from that of what I have on my IRP5 mailed to me by my work,

Read more
answers

Claim back my returns

Where do I start to claim for my PAYE? Please Register for TaxTim and follow the chat with Tim to file and submit your return.

Read more
answers

Is professional registration and education fees tax deductable?

I have just filed a tax return through you but could not find a place for deducting professional fees. This includes having to pay and annual registration fee

Read more
answers

Can I claim VAT personally?

I have a VAT number, so can I claim VAT on personal buying? No unfortunately not, VAT is not to be claimed for personal use, only on business items you wil

Read more
answers

Negative assessment notice amount?

Hi TaxTim,I have just submitted my first tax return and the assessment notice is a red negative amount of rands. What does this mean? Does this mean I need to

Read more
answers

Should documents be uploaded to review or audit options

I have been selected for Audit/Verification and need to upload documents. There are to options to upload docs on my dashboard - one says documents to review t

Read more
answers

Is the fee paid to TaxTim not tax deductable?

Is the fee paid to TimTax not tax deductible? Unfortunately not if you are a normal salaried earner. If you work for yourself or receive commission greater

Read more
answers

My login name

What is my login name for SARS eFiling? Please call 0800 00 7277 to have SARS send it to you.

Read more
answers

SARS refund payment period

Good day,I have submitted my tax return and SARS owes me a refund. About 4 days has passed so I contacted SARS and asked them what the reason is why my refund

Read more

Page 149 of 317

Showing 3701–3725 of 7902 articles