Tax Q&A
What does 'transaction reference' 2 mean on my ITSA?
I submitted documents for review and received a completion letter on 17 July 2013, stating that no adjustment has been made to my original assessment (SARS owes
Read moreWhat happens if one does not submit tax returns for a long time?
I have a friend who says he thinks he has not submitted for about 15 years, but now he wants to come clean. You will have to admit fault to SARS and thereaft
Read moreHow will tax be calculated on a once off performance bonus, not a 13th month bonus?
This performance bonus was paid together with my monthly salary. You will be taxed on this and it will be included as part of your PAYE for the last month.
Read moreSection 24J - Accrued Interest
Mostly interested in understanding how the accrued method works. When is interest reported to SARS as accrued, and how can I be sure my bank is reporting correc
Read moreHi Tim. I work in Sierra Leone and get paid in dollars, into a SA bank account, how do I complete my
I comply with the regulations regarding 183 days out, 60 days consecutive. My question is where do I fill this in on my return. They want a rand value, and I do
Read moreBeen offered a job in South Africa but will be paid to a offshore bank account do I need to pay tax?
Employer is a large international company with offices in SA. I will be living and working full time in SA. They are not deducting PAYE at source and they are p
Read moreI submitted my returns on the 22/07/2013 and after received an sms saying:
Thank you for filing your 2013 tax return. Account balance R3564 due to you. What I want to know is do I owe SARS or SARS owe me?
Read moreHow does the rental tax on a first property, paid in cash, work?
I currently live with my parents, on their property. I am looking at purchasing an apartment for R650 000 and renting it out. I have been given the option of pa
Read moreHow much my refund because I submitted an ITR12 income tax return?
Because yesterday I submitted my IRP5 to SARS You can do an estimate calculation of your possible tax refund by using our free tax refund calculator. If you
Read moreHI TIM, AVS BANK AVS VERIFICATION PASS IS THE CURRENT STATUS. PLEASE LET ME KNOW WHAT IS NEXT
HI TIM, AVS BANK AVS VERIFICATION PASS IS THE CURRENT STATUS. PLEASE LET ME KNOW WHAT IS NEXT Have you recently changed or updated your bank details with SAR
Read moreI have done my submission on eFiling and calculated result is -R3963
Does this mean I owe SARS or they owe me and they have requested doc from me for audit how long does this process take once submitted on eFiling and if I get a
Read moreStarting with tax
Hi Tim, We are two employers that works in a small company, and after one and a half years we found out that our employer did not pay or fill out the necessary
Read moreHow to fix a mistake on SARS eFiling?
I filled in my tax and submitted, but realized that I made a mistake on the form. I tried to get a correction but it failed. I filled a new tax in and submitted
Read moreMedical Aid, out of pocket expenses, can I claim on my ITR12 Tax Return?
I paid an amount of R7k in medical expenses out of my own pocket and did not claim from medical aid. How much of that amount will I get back from SARS? It w
Read moreWhat happens when I press the Query Sars status button?
What happens when I press the Query Sars status button? It will tell you what stage of the tax return completion process you are in.
Read moreLetter of Completion, but not happy with SARS or my income tax refund?
I filed my husbands tax return this year, and received an ITA34, however I was asked to upload supporting documents for audit. I have done this, and then receiv
Read moreWhat do I do if I can't upload all my documents on eFiling? It says I have reached my limit.
I submitted my return a week ago, and I do not have a medical aid, but did keep all my receipts for medical expenses. They asked me to supply the supporting doc
Read moreHow does the refund process work?
How do I go about getting my tax refund, and how long does it take, will it be put in my account or given to me cash on hand? Have you submitted you ITR12 In
Read moreHow can I get my tax number on my phone?
You cannot, you would need to follow these instructions: How to get a SARS tax number
Read moreIRP5 refunds
How will I know that I have money that is due to be paid to me which is my IRP5? You can use our free refund calculator to see if you are due a refund before
Read moreClaiming back on spectacles from SARS?
Can I claim VAT back on purchasing spectacles as a medical expense? VAT cannot be claimed by an individual for personal expenses.
Read moreMy ITSA showed that I received a refund but it was reversed the same day.
I now have the same balance which shows it will be refunded with no request for further audit or supporting documents. Why would this happen ?Thanks It means
Read moreHow long does it take to get a refund from SARS?
I receive a form at work from SARS, but I don't know how it works? You would need to complete and ITR12 return using the IRP5 form you got from your employer
Read moreHow much does and agency must deduct for tax from a temporary worker?
My sister is working as ENA in a hospital under an Agency but she doesn't understand how they deduct so much money claiming that the money is tax money, at the
Read moreHow much tax do I have to pay as a self employed buinessmen?
Hey Tim, awesome site and very helpful info. I am not sure of my tax number, I was out the country for a few years and before that I was self employed and now
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