Tax Q&A
Please assist, I don't understand ITSA from SARS.
Hi TimI received the following sms from SARS "A Statement of Account has been issued on SARS eFiling. what does this mean?? It means SARS has issued a summar
Read morePAYE tax credits on IT14
When completing the IRP6 you deduct the amount of PAYE allready paid. When completing the wizard to create the IT14 form, under Tax Credits it asks "Will t
Read moreHow do IT3(b)s work for accrued interest to prevent double taxation?
An IT3(b) certificate from my bank for a fixed deposit usually saysNet Accrued: XNet Earned: YInterest: X+YSo X+Y should be declared on my tax return under code
Read moreWhat does a correspondence from SARS mean?
SARS has issues a correspondence to me which requires my attention. What does this mean? It means on your eFiling there is a notice or letter that you need t
Read moreTAX R 6000.00
how much tax is due when I am earing a commission salary of R 6000.00 Please make use of our SARS income tax calculator in order to determine the correct PA
Read moreaccidently claiming for longer than I should have
Hi Tim...Tx for your helpfull blog..i have handed in my tax forms together with the amount I claimed. When I packed my receipts etc away I noticed I made an err
Read moreCompiling supporting documents for medical expenses not covered by medical aid scheme
I have been asked to submit supporting documents by SARS for verification purposes and I was wondering what the requirement is with regards supporting documents
Read moreIf I correct something can I file again?
If I did a correction on the file I already submit will they ignore the first one and work on the second one? If you requested a correction and submitted a n
Read morePAYE basic and commission?
How do you work out how much PAYE you have to pay when you get a basic and commission? Please make use of our SARS income tax calculator in order to calcula
Read morelogin and password dispatched to the client via sms
I need the Login name and the password sent to the client via sms. Can I call the call centre and request on his behalf and the reply communicated to him via s
Read moreMembers share of claims paid on the medical aid certificate be included in qualifying expenditure?
Should the members share of claims paid on the medical aid certificate be included in qualifying expenditure? Only if not recovered from the medical aid.
Read moreCan I get a tax number?
How old must I be to get a tax number You can be any age to How to get a SARS tax number If you do not have an ID book then you would need your birth certif
Read moreIt is posible for me to do Tax Number online?
It is posible for me to do Tax Number online? No you would need to go into a SARS branch to obtain a tax number.
Read moreCan both employer & employee med aid contribution be used in calculating Add Medical tax credit
I need to calculate the Additional Medical Expenses Tax credit to be included onto my Provisional Tax Form IRP6 for 01-2015. Half of my medical Contribution is
Read moredo I still have to go to SARS offices to submit my returns?
Do I still have to go to SARS offices to submit my returns? You can do it online via eFiling - you should have received an email after payment was made wit
Read moremy refund is gone to accounts and indicator light shows green but not yet paid out? gone 1 week .
I had submitted my VAT return and I was due a refund , I was told I can monitor my refund via the refund dashboard and my indicator light shows green for the pa
Read morePIT assurance issues at SARS?
Good day, I have been referred to audit and when I called SARS they confirmed that they are busy with PIT assurance. It has been 2 months now with no correspond
Read moreCheck suitability of Tax-Tim format for specific taxpayer
Please let me know if Tax-Tim Smart deals with 1. ...share portfolios and resultant dividend tax and CGT2. ... portion of medical aid contribution paid by ex-em
Read moreCalculated result for out of pocket medical costs?
I am getting a 0.00 result when making nmy calculation but had a 21000, unpaid medical costs Please read our blog on Tax deductions for Out of Pocket expens
Read moreSelected for AUDIT, source code 4102: is my IRP5 the only supporting document to be submitted?
Hi Tim,I submitted my tax returns today at a SARS branch. I have been selected for audit and this is what is stated in the audit letter."This is the result
Read moreI want to correct something after filing my return with SARS?
Is there any way to correct something after filing your return? I cannot find a "request correction"button. Yes, under the original return where yo
Read moreHow late can a request for correction of my ITR12 be made?
A friend of mine, has submitted her IT12 by e-filing, she was then asked to submit supporting documents, once these were submitted, she was told that she will b
Read moreCan I claim tax this year?
Can I claim back this year's tax? Please make use of our Tax refund calculator for an idea of whether or not you are due a refund.
Read moreObjection allowed, how long before SARS refunds me?
I completed my 2014 tax return in July, but was then chosen for audit. After receiving a finalisation letter, I was chosen for a 2nd audit and requested to send
Read moreeFiling restricts the way in which the different methods of calculating CGT may be entered?
There are 4 methods of calculating CGT. A primary residence sale using method 1,2 or 3 shows a capital gain. eFiling appears to restrict the manner in which the
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