SARS E-Filing 2017

Status
Not open for further replies.
Dear Taxpayer

VERIFICATION OF INCOME TAX RETURN

The South African Revenue Service (SARS) thanks you for submitting the income tax return for the 2017 tax period.

Please note that the income tax return has been identified for verification in terms of the Tax Administration Act. Any refund due may be withheld, pending finalisation of this process.

In the accompanying Notice of Assessment (ITA34) you will find all the information which SARS captured from the return. Please review this information against the relevant material. If you find any errors, correct these by submitting a revised income tax return via eFiling or at your nearest branch.

Alternatively, please submit copies of the relevant material to SARS for review:

- IRP5/IT3(a) employee income tax certificates in respect of remuneration income and lump sums from your employer/pension fund
- IT3 certificates (for example IT3(b) and (c)'s from financial institutions in respect of interest and capital gains)
- Medical scheme certificates and receipts
- Income Protection and retirement annuity certificates
- Your travel logbook and/or invoices or detailed calculation in respect of travel claims
- Any other documents relevant to your declaration.

When submitting the relevant material, enclose this original letter as it contains a unique bar-coded reference which links it to your income tax account with SARS. A photocopy of this letter will not be accepted by SARS. You may however make a copy of this letter for your records.
 
Then yes, the latest correspondence can always be considered current, right? That letter is very clear. Congrats on the audit and don't worry, it's no big thing (assuming you were telling the truth on your return lol).
 
Dear Taxpayer

VERIFICATION OF INCOME TAX RETURN

The South African Revenue Service (SARS) thanks you for submitting the income tax return for the 2017 tax period.

Please note that the income tax return has been identified for verification in terms of the Tax Administration Act. Any refund due may be withheld, pending finalisation of this process.

In the accompanying Notice of Assessment (ITA34) you will find all the information which SARS captured from the return. Please review this information against the relevant material. If you find any errors, correct these by submitting a revised income tax return via eFiling or at your nearest branch.

Alternatively, please submit copies of the relevant material to SARS for review:

- IRP5/IT3(a) employee income tax certificates in respect of remuneration income and lump sums from your employer/pension fund
- IT3 certificates (for example IT3(b) and (c)'s from financial institutions in respect of interest and capital gains)
- Medical scheme certificates and receipts
- Income Protection and retirement annuity certificates
- Your travel logbook and/or invoices or detailed calculation in respect of travel claims
- Any other documents relevant to your declaration.

When submitting the relevant material, enclose this original letter as it contains a unique bar-coded reference which links it to your income tax account with SARS. A photocopy of this letter will not be accepted by SARS. You may however make a copy of this letter for your records.
Seems rather self explanatory? You need to submit your documents.
 
Guys, does anyone have any good links to a tax guide of sorts?
First time doing this, unsure where to start, what to include in calculations etc :erm:

Thanks in advance
 
Saturday 1/07 12PM: Filed AND submitted supporting documents immediately thereafter
Tuesday 4/07 7:35AM: SMS and email received notifying me of a new letter. Logged in and letter said verification complete and no changes made.

So I am all done pending the EFT refund payment. Last year I filed and submitted documents at 6AM on 1/07/2016 and I received my final completion letter that afternoon at 4:18PM - so it took a further 18 hours to verify this year (excluding non SARS working days of Saturday and Sunday)
 
Simply a case of hurry up an wait now. I submitted on Saturday night, got my IT34 back within minutes, check again now and I haven't been selected for verification or audit.
 
Saturday 1/07 12PM: Filed AND submitted supporting documents immediately thereafter
Tuesday 4/07 7:35AM: SMS and email received notifying me of a new letter. Logged in and letter said verification complete and no changes made.

So I am all done pending the EFT refund payment. Last year I filed and submitted documents at 6AM on 1/07/2016 and I received my final completion letter that afternoon at 4:18PM - so it took a further 18 hours to verify this year (excluding non SARS working days of Saturday and Sunday)

Well yes, considering that the 1st was a Saturday this year :-). Last year it was a working day so it was faster.
 
Simply a case of hurry up an wait now. I submitted on Saturday night, got my IT34 back within minutes, check again now and I haven't been selected for verification or audit.

phoned contact center, no audit/hold , but no transfer date either, up to 21 days....
 
Quick question regarding claiming for car maintenance costs. Say you kept records of actual spend, and of your 100% travel only 30% were business, that means you would only be take 30% of those costs as business costs, right?

And I notice in the RA option, there's now a field to indicate the total amount contributed toward that fund. Is that the total value of your RA including growth/loss or do they expect you to work out how you've paid into the thing over the life? And then what happens if you've transferred between RAs over the life, do you only include total for the current RA or must you track back across the years? Unless they mean to compensate me for my losses this requirement is rather ridiculous.
 
And I notice in the RA option, there's now a field to indicate the total amount contributed toward that fund. Is that the total value of your RA including growth/loss or do they expect you to work out how you've paid into the thing over the life? And then what happens if you've transferred between RAs over the life, do you only include total for the current RA or must you track back across the years? Unless they mean to compensate me for my losses this requirement is rather ridiculous.

You must JUST list your contribution for the year, which should reflect on the tax certificate from the provider, no need to over complicate

My static Allan Gray RA does not issue such a certificate cause I am not contributing to it, while my Coronation RA that I contribute to monthly does.
 
I worked half the year for one company and the other half for another so i have 2 irp5's which i submitted for auditing, today an audtor calls me to say that the 2 irp5's need to be reconciled by HR and re-sent by my company to sars...my Hr department knows nothing about this...advice please
 
It's easy. I made the same mistake and got the same error. Basically you must set the total contributions for an individual policy, not the monthly contributions. So all your individual policies need to add up to the grand total for all your policies (or just the same number if you only have one policy).

Im getting the same error - I only have one RA and im putting in the grand total.
 
Wonder how much interest they generated since end February, from all the excess money they got in the financial year.
 
Status
Not open for further replies.
Top
Sign up to the MyBroadband newsletter
X