SARS E-Filing 2021/22

syntax said:
I am upset now.
SARS have asked me for bond statements showing the interest on rentals, I have already sent the IT3B form, they have said it is not valid, they want 12 months statements showing interest for each property.....

I must also tell them why I made consecutive losses....well because the economy is stuffed and I havent increased rental to try keep tenants....

I must also get stamped statements showing I made payments

This is a joke
Click to expand...

I feel your pain. However, it's a standard request.

They would like to see the difference between the capital and interest payment. I know the interest is on the IT3(b), but they would like to see that it's actually incurred. (see section 24J(2))

As for the consecutive losses. They want to apply ring fencing to the rental loss. See section 20A of the Income Tax act.

Online PDF statements are sufficient as they have the electronic stamp on.

Ring fencing only really applies if you are at the marginal rate. (Eg. 45% with taxable income in excess of R1,656,601 BEFORE taking into account the rental loss).
 
Novoca1ne said:
Once the 21 business days have lapsed. Do every taxpayer and tax practitioner a favour.

1. Phone the SARS call center to escalate your case. (Verification not completed)
2. Wait 5 business days for a resolution. A SARS agent should contact you. (They most likely won't)
3. After the 5 business days in point 2 has lapsed. Submit a complaint via the SARS portal. Select "Unresolved service/operational matter"
Click to expand...

I will do this. Thanks for that. Thanks for your input further on in the thread. People like yourself (and many other contributors) make this annual thread one of the most informative for those of us who never got to learn about the Income Tax Act.

Nikkivah74 said:
Did you phone just to follow up?
Click to expand...
Yea, unfortunately as already stated, they are still in their turnaround time. It happened similarly last year and when I called, I quickly learned all I could do was wait. They could allocate and finalize on day 21/21. Or worse still change from verification to an audit.

I quite appreciate Novo's response above as it clarifies a course of action to take when they drop the ball as they may be given the strike. Patience is a virtue when dealing with SARS.
 
Novoca1ne said:
I feel your pain. However, it's a standard request.

They would like to see the difference between the capital and interest payment. I know the interest is on the IT3(b), but they would like to see that it's actually incurred. (see section 24J(2))

As for the consecutive losses. They want to apply ring fencing to the rental loss. See section 20A of the Income Tax act.

Online PDF statements are sufficient as they have the electronic stamp on.

Ring fencing only really applies if you are at the marginal rate. (Eg. 45% with taxable income in excess of R1,656,601 BEFORE taking into account the rental loss).
Click to expand...

sigh ok. I sent everything I could that would let them know and prove whats happening.
Seems they dont trust statements from body corporates or even COJ, i have to prove I am paying all this
 
syntax said:
sigh ok. I sent everything I could that would let them know and prove whats happening.
Seems they dont trust statements from body corporates or even COJ, i have to prove I am paying all this
Click to expand...
It could also be a delay tactic. They hold the right to be satisfied until the burden of proof has been lifted.

It leaves you with no other choice but to submit what they ask for.

SpiderGear said:
View attachment 1345928

Now to this?
Click to expand...

Follow the process detailed below.

In short. Confirm whether or not SARS want additional documentation in connection with your tax return or if a stopper has been placed on your refund.

Novoca1ne said:
Yes.

First step would be to phone SARS. Ask them why the refund was reversed. Make notes of what the agent says.

If a verification request has been issued. Attend to it within 21 business days.

If there is a stopper on your bank account follow these procedures.


Make a booking using the above link. Select these options:

View attachment 1345734

You don't have to select "video". I do because I do this more often than I'd like to admit.

The following supporting documents is required for your meeting with the agent.

Submit the documents via the following link for your meeting. You would have a received a case number on your initial booking.


You'll need
  1. Bank Statement (not older than 3 months) [Do not send transaction history]
  2. Certified ID
  3. Proof of Address (not older than 3 months)
  4. Selfie holding up your ID

Documents

Supporting documents for banking details | South African Revenue Service

When SARS verifies your banking details and requests you to submit supporting documents You may submit via the following online channels: eFiling Send us an online query. If you want to add or change banking details You need to submit the following documents: A copy of your valid identity...
www.sars.gov.za www.sars.gov.za

Selfie
www.sars.gov.za

Need to verify your banking details | South African Revenue Service

If you receive a request from SARS to verify your banking details: You can submit the supporting documents electronically on eFiling or the SARS Website.
www.sars.gov.za www.sars.gov.za

You can submit all the documents in PDF.

You will get correspondence on:
  • Confirmation of the booking
  • Confirmation of Receipt of Supporting Documents
The agent will phone you back or send you a MS Teams link for the date you have scheduled your appointment. Attend it. Wait a few days and voila. Confirm with the agent that the stopper has been lifted. Make it verbally clear. These calls are recorded. Use it to your advantage.
Click to expand...
 
LandyMan said:
The strikes are making it almost impossible to get hold of someone
Click to expand...

Do you use the call back function or do you just hold?

It takes up to 2 hours of waiting for a call back despite the system saying it will be 10 mins. (It takes 10 min to verify yourself)

I cannot imagine the pain of waiting for 2 hours with the awful music. So I do call back option instead.
 
Novoca1ne said:
Do you use the call back function or do you just hold?

It takes up to 2 hours of waiting for a call back despite the system saying it will be 10 mins. (It takes 10 min to verify yourself)

I cannot imagine the pain of waiting for 2 hours with the awful music. So I do call back option instead.
Click to expand...
Not me, my accountant needs to clarify some "requests"
 
Hw do we know if we were chosen for an audit or if it was a verification?
The SOA just says Yes under "Selected for audit or verification "
 
Dee96 said:
Hw do we know if we were chosen for an audit or if it was a verification?
The SOA just says Yes under "Selected for audit or verification "
Click to expand...
Its for a verification. If it was an audit you would need to go to a branch
 
Dee96 said:
Hw do we know if we were chosen for an audit or if it was a verification?
The SOA just says Yes under "Selected for audit or verification "
Click to expand...

Check your assessment (ITA34) for the relevant year of assessment.

Look for this line on page 1.
1657723128140.png


Y = Yes

N = No

Also, the most important thing, a letter from SARS under this menu

1657723593813.png

This letter. It may be labeled something else.

1657723649335.png
The_Mowgs said:
Its for a verification. If it was an audit you would need to go to a branch
Click to expand...

This is incorrect. An audit doesn't require you to go to a branch. Other items may require you to do so.

Audits have an additional supporting document link opened for them or you would be directly dealing with a SARS agent via mail.

1657723117829.png
 
Last edited:
Today was a good day. Myself, Wife and Mom all paid out. Submitted between 3rd and 6th
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X