Tax Q&A

answers

I did submit my returns now I get a letter saying I owe 66 cents tell how I must make the payment?

I submitted my returns and received a letter saying I 66 cents, how do I make payment? You don't need to make payment for this amount, it will roll over to n

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Unable to register on eFiling

Hi there. I followed the steps on TaxTim regarding filling in my info and even redeemed my coupon. I clicked on the Efiling page and tried to register but is s

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How to login as a student

I am a UWC student and tried logging in but TaxTim registered me as a normal taxpayer, thus i am unable to complete the assignment as TaxTim is asking me: Are y

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How do I get back to page 1 of the form I just completed with you

I put a few wrong figures in and would like to change them. All you need to do is click the green 'back' arrow on screen and it will take you back to the dia

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How do I submit income tax? How do I calculate income tax?

Hi I need to submit my income tax for 2012 and how do I calculation my tax and complete the income tax form? My monthly salary package is R13000 with pension fun

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Home Office expense calculation?

Your guide mentions I must take the total househould expense (for the year I presume) and multiply by the square meterage (5m) - should this not be divide by sq

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How much tax do I get charged on a R10000.00 salary?

I would like to find out on a R10 000 salary, how l much tax would be deducted and would I be eligible to claim tax in the future? Assuming you have no deduc

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How does the tax on medical aid contributions appear on my IRP5?

I am a pensioner and the company I worked for pays my medical aid contributions in full. When I call up my file on efiling, the prepopulated fields are (3810) a

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What is the Retirement Annuity Fund contribution deduction limited to?

Taxable income before RAF deduction is R100 000 per annum. RAF contributions are R1200 per annum. (Is the RAF deduction limited to actual RAF contributions?)

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How does the tax on selling painting given to me as a gift get calculated?

Hi, just want to know I was given a painting as a gift by my grandmother years ago and now want to sell it on an auction in London, the proceeds will be deposit

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Hi Tim, I am unemployed and I am unsure about what to do with my tax return next year.

I also have an annuity that I still pay every month. What do I do next year with my return? For the next year, you would go onto eFiling and where it asks i

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selected for audit

I was asked to submit my supporting documentation - which was for medical aid only and was selected for audit. I called SARS to find out what was happening as

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How do I claim for the purchase price of 3 flats that I rent out?

I have finished my claim, I noticed a place on the form to enter the interest I paid to the bank for the finance. Is there no way to claim for the actual money

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How can you change login details for eFiling?

I am unable to visit the branch as im abroad and their response was I need to visit their branch to be assisted to reset both my password and username. Is this

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What do the sms' from SARS mean, once I have submitted my returns?

I have submitted IRP5 forms from 2009 and have received four SMS's stating the following 1st SMS "thank you for filing your 2009 tax return result -R534 acc bal

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Sole Proprietor, Importing and Tax?

Hi TimHope you can help me as I'm having a hard time finding the correct information. I would like to start importing small quantities of goods, for resale

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Do I declare maternity UIF on my tax return?

Hi Tim, I was on maternity leave for 4 months of the 2012 tax year. During this period my employee paid 75% of my income and the balance I claimed from the labo

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We are elderly people - not familiar with new things - can you help?

I am too old to learn new things - I had a bookeeper lady - she has become too expensive. She does not show us what to do, just did it for us. We need to get he

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CC company when do I submit taxes? Not registered for VAT, only income tax.

Trading two months now, can't seem to register on efiling. What is the problem when you are trying to register for eFiling? As a CC/Company you would have to

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I want to submit my own tax for this year, but I want to do it via e-filing.

A friend of mine did it for me before, but this year I want to do it myself, so he said I must contact SARS, they will ask me a couple of questions and they wil

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Will I need to complete a tax return this year?

I have just started work for the first time on the 1st of August 2012. Do I need to still do a tax return for this year? The current tax filing season is for

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I do not understand why TaxTim is different to manually completing an ITR12?

Where do I update my personal particulars and where on TaxTim do I enter details of my IT 3(a)'s and bank interest? As you go through the TaxTim process you

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Is information on an IT3(a) filled in in the same manner as that on an IRP5?

I'm struggling with how to deal with Annuities IT3(a)'s are usually dealt with in the same way as IRP5's on an income tax return.

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What does an sms from SARS with two minus figures mean?

Hi I've received an sms from SARS with two amounts with a minus sign in front of it, what does that mean? Do I owe SARS that money? If there are "-"'s in fro

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How do I treat a medical aid tax credit with regard to employer paying whole med aid which is includ

I am an employee that has my employer paying my med aid in full, but it is included in my overall package. So technically i still pay for it. How do the calcula

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