Drifter
Honorary Master
I just received my IT34A with a refund amount, both that and the SOA dont show a payment date. Guess I just have to wait.
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Audit can take up to 90 days.Is there a way to view the status of verification, or if there is a problem with the document?
Was audited due to medical scheme, uploaded tax certificate on Wednesday. Havent received any updates since.
Ah dayum. Thanks anyways. First time they decided to get me on my medical aid.Audit can take up to 90 days.
Wrong.Any deductions , you go into audit. I have been audit every year for the last 20. Claimed nothing this year, no audit. They auto assessed me.
Yep pretty sure its the WFH that gets you every time.Guess it depends on your deductions. I usually claim travel, office space (WFH) and other office expenses.
Patience is key. I submitted yesterday and my SOA was updated today.I just received my IT34A with a refund amount, both that and the SOA dont show a payment date. Guess I just have to wait.
Who is scared? Its more just the hassle of it and the wait time on completion and receiving the refund.Why is everyone so scared to be audited?
That makes more sense.I think a lot of you are confusing verification and audit.
Verification is what most people get, upload of supporting documents.
Audit way more in depth, that's when you're probably in some trouble.
Who is scared? Its more just the hassle of it and the wait time on completion and receiving the refund.
Fair point. Will do that next year for sure - this year was a scramble to get everything for them...Not a hassle. My motto is before you say submit, tell yourself you will be audited. And if you submit, 5min later an email to upload !
Tjoef Tjaf !
I think a lot of you are confusing verification and audit.
Verification is what most people get, upload of supporting documents.
Audit way more in depth, that's when you're probably in some trouble.
Fair point. Will do that next year for sure - this year was a scramble to get everything for them...
Not at all, just that you have to wait till Sept/Oct or even November for a refund.I think a lot of you are confusing verification and audit.
Verification is what most people get, upload of supporting documents.
Audit way more in depth, that's when you're probably in some trouble.
If I may ask, what did you purchase from Takealot that would be tax deductible?Lol, I watched The Accountant this morning, highly recommended (I don't particularly enjoy fiction movies but this was good). Anyway, there is a scene in there that reminds one, how you phrase things is important: what I suspect you mean here is if they decide to do a field inspection, you might need to take a day to prepare your stuff for verification.
(Not like you have a printer to keep physical copies. So you'd need to prepare that for example). I do not suggest you misrepresent the size of your office, more so if you don't have the remote office space. Remember they can check Deeds records to confirm the size of the house. In my case, for example, they'd see 69sqm - I do have a wooden outbuilding (7m x 1.5m) which serves as my office. Knaaa'mean? 10.5sqm/79.5sqm = 13.21%
I'll do so - I expect the outcome in my verification/audit then. I used the following documents (for now):
Docs:
1 - Employer IRP5 - Feb 2021.pdf
2 - Allan Gray IT3(s).pdf
2 - TymeBank.pdf
2 - IT3B OM.pdf
3 - Discovery Medical Certificate(s).pdf
4 - Employer - Office Closure Letter.pdf
4 - Employer of Home Office - 30_06_2021.pdf
5 - Home Office Expenses.pdf
6 - August Rental.pdf
6 - Telkom - Dec 2020 Invoice.pdf
6 - Alarm - ADT Failure Rework.pdf
6 - ADT -Installation Invoice-CT.pdf
6 - TAKEALOT - Invoice.pdf
6 - Electrical Work.pdf
6 - Water and Elec.pdf
I couldn't give them x12 on invoices hence I gave them a sample of each. I was bored yesterday, looked at SARS recently awarded tenders - they have industry backup to verify claims and perform forensic audits, whatever you do, don't lie lol (See RFP 52/2018 in 2018 – 2020 Awarded Tenders to be precise).
Also, people are getting paid megatons to perform basic stuff!!!
EDIT: Everything I say is a pile of twak; I'm not a tax pro. Just a dude with a cheque I'm hellbent on collecting lol
It's R7,000 and below for WFH purchasesIf I may ask, what did you purchase from Takealot that would be tax deductible?
Normally (but not always) products purchased would be capital expenses and not tax deductible while services would be the opposite. There uses to be a R threshold under which SARS would allow Capital expenses to be deducted in full at the time of purchase, cannot recall now what this is