SARS E-Filing 2017

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This question might be asked and answered already but I cannot find it.

I have a RA with Liberty Life. On my tax certificate I have an amout for code 4006.
When I fill that amount it opens the block for "Name of Insurer," that is obviously Liberty Live.
Now the tricky part: What amount do I fill in the blocks for "Contributions made to this policy?"

Do I devide that amount filled in with 12 or do I multiply the amount I payed towards that policy with 12?
 
I have a question, but it is only for next year's return. After having sold my house, I have the proceeds in a money market account for x months until I buy again. The decent interest income: I know there is a threshold and for 2017/2018 I will be under it, but do I still declare it next year and let the system ignore it due to under threshold or do I leave it off completely?
 
FlashSA said:
I have a question, but it is only for next year's return. After having sold my house, I have the proceeds in a money market account for x months until I buy again. The decent interest income: I know there is a threshold and for 2017/2018 I will be under it, but do I still declare it next year and let the system ignore it due to under threshold or do I leave it off completely?
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If you received the money before end of Feb 2017, the banking institution would've sent you proof of the interest received until end Feb. If you only received the money and put it in a money market After end-Feb, then the interest will fall in the 2017/18 tax season.

And you always declare all your income to the tax man. No matter if there is an threshold or not.
 
snail112 said:
This question might be asked and answered already but I cannot find it.

I have a RA with Liberty Life. On my tax certificate I have an amout for code 4006.
When I fill that amount it opens the block for "Name of Insurer," that is obviously Liberty Live.
Now the tricky part: What amount do I fill in the blocks for "Contributions made to this policy?"

Do I devide that amount filled in with 12 or do I multiply the amount I payed towards that policy with 12?
Click to expand...

As I understand it, the amount next to code 4006 is your total contributions for the year to all of your RAs. The next line asks how many RAs you have. If you put "1" in this block, it opens only one field for "Details of Policy" - this is where you put in the name of the RA provider, your policy number and the total contributions to *that* policy for the year. If you have only the one policy, then those two numbers will be the same. But if you have more than one policy, then they want to see how much was contributed to each, with those numbers adding up to the number you put next to code 4006.
 
ros_b said:
As I understand it, the amount next to code 4006 is your total contributions for the year to all of your RAs. The next line asks how many RAs you have. If you put "1" in this block, it opens only one field for "Details of Policy" - this is where you put in the name of the RA provider, your policy number and the total contributions to *that* policy for the year. If you have only the one policy, then those two numbers will be the same. But if you have more than one policy, then they want to see how much was contributed to each, with those numbers adding up to the number you put next to code 4006.
Click to expand...

Thanks for the info.
 
snail112 said:
This question might be asked and answered already but I cannot find it.

I have a RA with Liberty Life. On my tax certificate I have an amout for code 4006.
When I fill that amount it opens the block for "Name of Insurer," that is obviously Liberty Live.
Now the tricky part: What amount do I fill in the blocks for "Contributions made to this policy?"

Do I devide that amount filled in with 12 or do I multiply the amount I payed towards that policy with 12?
Click to expand...

Doesn't your tax certificate from Liberty state how much you've put in in total over the 12 months?
 
supersunbird said:
Doesn't your tax certificate from Liberty state how much you've put in in total over the 12 months?
Click to expand...

It shows Current RA Contribution with the amount and code 4006. SARS changed the form. Last year it did not ask for the quantity RA policies, insurer details, policy number and total amount contributed.
 
Submitted docs on the 14th of Sept. Completion letter received 10th of October, currently awaiting payment.
 
Simsalabim said:
Submitted docs on the 14th of Sept. Completion letter received 10th of October, currently awaiting payment.
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I submitted on the 15th Sept and received the completion letter 10 minutes afterwards. Still waiting. I could really do with that R24K right now.
 
Akirky said:
I submitted on the 15th Sept and received the completion letter 10 minutes afterwards. Still waiting. I could really do with that R24K right now.
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Log a complaint via their conplaint number. Will be sorted in 24hours if there are no outstanding issues.
 
I submitted my return on Monday with my medical aid tax certificate for verification through our representative but still nothing yet? They sent me the statement and amount due to me about 5min later.
 
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Anyone gone through a level 2 audit in 2017?

Hi folks. Just wondering if anyone has info on how long a second audit can take.

I was selected for an audit. Submitted docs on 20 July via efiling. Got completion letter on 11 August.

On 17 August manually submitted FICA docs after refund was reversed due to a special stopper. On 14 Sept SOA showed that the refund would be paid on 15 Sept. Was reserved later that day and I got a letter asking for documents for verification - same letter I got way back in July.

Went to Sars on 15th Sept. Told there was a "level 2" audit as of that day. Submitted all the docs again.

On 13 Oct call centre agents says to wait, could be around 30 working days turn around. And by the way, she says, audits go up to third level. If I am lucky, the system may pick me for that too.

Anyone had this? How long did it finally take to conclude?
 
My audit took about 2 weeks for each audit. They haven't forgotten about you, they prolly just busy. SARS is extremely good at dotting i's and crossing t's.
 
I submitted my return 12th July, got selected for audit, they asked for additional documents, which I submitted 21st July. Audit was completed 1st September. Heard nothing after that, phoned in numerous times only to be told it has been escalated and that there is no turn around time. After the umpteenth call, and getting no help from the complaints department, they give me the same run around bullsh*t reply, i lodged a case with the Tax Ombud. The fact that they can't give me any sort of viable reason as to why the refund is taking so long is what is annoying. Its a paltry amount of R3200. I mean really...come on now!
 
BrendanMc said:
I submitted my return 12th July, got selected for audit, they asked for additional documents, which I submitted 21st July. Audit was completed 1st September. Heard nothing after that, phoned in numerous times only to be told it has been escalated and that there is no turn around time. After the umpteenth call, and getting no help from the complaints department, they give me the same run around bullsh*t reply, i lodged a case with the Tax Ombud. The fact that they can't give me any sort of viable reason as to why the refund is taking so long is what is annoying. Its a paltry amount of R3200. I mean really...come on now!
Click to expand...
Log a complaint here 0860 12 12 16

Select the option for turn around time taking too long.
 
This is my 2017 experience:
*submitted return included docs on the 1st of July.
*Auditor requested for company to submit a recon
*11 July got an addition assessment with my parents medical aid removed.
*18 July sumbitted Noo
*11 August got paid the additional amount
*18 August Noo was rejected due to me putting wrong code. Submitted 2nd Noo on the same day.
*18 October got reduced assessment with objection approved.
*20 October the balance as been paid.
#Hang in their guys
 
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