SARS E-Filing 2019/20

[deweyzeph]

Nothing, whatever checks (if any) were done without my involvement. I actually already had all the documentation on hand including certificate of residence but I guess I'll just keep them safe for the next 5 years.

The thing that kept worrying me was all the fearmongering from the expat tax, even though I knew it was all nonsense. I declared all my global earnings, paid the necessary tax in my country of residence and SARS made no claims against me, was relieved to see the R0 with a compliant tax status

Yeah, the "expat tax" is actually the deemed capital gains tax event that occurs when you stop being a tax resident. It typically only applies to any assets you have such as shares, investments, etc but it excludes fixed property.

 

[RVQ]

Yeah, the "expat tax" is actually the deemed capital gains tax event that occurs when you stop being a tax resident. It typically only applies to any assets you have such as shares, investments, etc but it excludes fixed property.

CGT is only triggered on financial immigration not when you become a non-resident for tax purposes

 

[deweyzeph]

CGT is only triggered on financial immigration not when you become a non-resident for tax purposes

Nope, it's also triggered on becoming a non-resident.

Home

The South African Institute of Chartered Accountants (SAICA) is the foremost accountancy body in South Africa and one of the leading Institutes in the world.

www.saica.co.za

 

[RVQ]

Nope, it's also triggered on becoming a non-resident.

Home

The South African Institute of Chartered Accountants (SAICA) is the foremost accountancy body in South Africa and one of the leading Institutes in the world.

www.saica.co.za

Except when DTA applies

 

[theriddler]

Hi

Does anyone have experience with submitting a fixed percentage tax directive on e-filing? It won't allow me to enter my tax ref number on the form(no entry sign when I hover over it), and then when I try and submit the form, it tells me it cannot process it without the ref number and highlights the box I can't edit?

I have tried different browsers , Any ideas?

 

[LaraC]

Hello everybody,

This was the first year I bought shares. How do you estimate the value of dividends you may receive as a provisional taxpayer?

 

[LaraC]

Hello everybody,

This was the first year I bought shares. How do you estimate the value of dividends you may receive as a provisional taxpayer?

It appears I have nothing to worry about.
SARS collect it from the companies who pay dividends. How cool is that.

 

[d0b33]

I'm trying to pay my 2021 provisional P2 but SARS efiling shows an error. I'm so over this.

 

[Tabac]

Filed last year through my tax lady. (Because i'm stupid). Every year i get something back. Enough for a case of beer and whisky.
Every year i get audited. Fck knows why ? I get a salary, pay my flat and levies. Nothing fancy.
This tax year the initial assessment showed i get something back, like every other year. Then the audit, submit x, y z. Got the It34 or whatever yesterday. Now i OWE them R28000 ?? WTF ?

 

[LaraC]

Filed last year through my tax lady. (Because i'm stupid). Every year i get something back. Enough for a case of beer and whisky.
Every year i get audited. Fck knows why ? I get a salary, pay my flat and levies. Nothing fancy.
This tax year the initial assessment showed i get something back, like every other year. Then the audit, submit x, y z. Got the It34 or whatever yesterday. Now i OWE them R28000 ?? WTF ?

Penalties?

 

[LaraC]

I'm trying to pay my 2021 provisional P2 but SARS efiling shows an error. I'm so over this.
View attachment 1023084

I'll wait until 25th. No need to rush giving it away.

 

[Tabac]

Penalties?

For what ?

 

[LaraC]

For what ?

I'm asking.

 

[Tabac]

I'm asking.

I dunno ? The lady who did my tax filed a dispute.

 

[LaraC]

I dunno ? The lady who did my tax filed a dispute.

I thought you had access to your IT34. It will indicate where the additional cost originated.

 

[Tabac]

I thought you had access to your IT34. It will indicate where the additional cost originated.

I do have access BUT i don't have a clue what's happening there, hence me paying someone who hopefully knows her job.

 

[LaraC]

I do have access BUT i don't have a clue what's happening there, hence me paying someone who hopefully knows her job.

Compare your IRP 5 data with what is recorded on the IT34.
Make sure all your deductions are listed as well as additional income you received.

Penalties are listed below your taxable income part.

 

[zerocool2009]

Compare your IRP 5 data with what is recorded on the IT34.
Make sure all your deductions are listed as well as additional income you received.

Penalties are listed below your taxable income part.

Check your statement of account! It will show daily for added costs ...

 

[zerocool2009]

Compare your IRP 5 data with what is recorded on the IT34.
Make sure all your deductions are listed as well as additional income you received.

Penalties are listed below your taxable income part.

Check your statement of account! It will show daily for added costs ...

 

[LaraC]

Anyone else postponed parting with their money till tomorrow?