SARS E-Filing 2021/22

[dualmeister]

Logged on. No IRP5 there yet

 

[handyman007]

Logged on. No IRP5 there yet

Same here.

 

[Sepeng]

Ug, got a random Ashburton Investment loaded that's not mine - now to try get it removed.

Ah, Ashburton was code for FNB.
Submitted, no audit, the auto populated stuff was better auto populated for me this year.

 

[LaraC]

Ah, Ashburton was code for FNB.
Submitted, no audit, the auto populated stuff was better auto populated for me this year.

Investec had a weird name too. Wonder why SARS changed it.

 

[Sepeng]

Investec had a weird name too. Wonder why SARS changed it.

Most likely the actual fund name the money is invested in.

 

[GSRit01]

So I was unfortunately unemployed for the first 8 months of the 2021/2022 financial year, and employed in the last 4 months. When checking my pay slips, I can see they've based the tax on the tax table, give or take a rand. With earning comm, it changes as well. But collectively, if I add my total earnings up for the 4 months, I don't earn enough over the 12 month financial year to actually have paid any tax. Will I get the amount back in tax that I paid for the 4 months? Does it get calculated for the full year? I don't have anything else to claim back for. Been a rough past few years.

 

[Sinbad]

So I was unfortunately unemployed for the first 8 months of the 2021/2022 financial year, and employed in the last 4 months. When checking my pay slips, I can see they've based the tax on the tax table, give or take a rand. With earning comm, it changes as well. But collectively, if I add my total earnings up for the 4 months, I don't earn enough over the 12 month financial year to actually have paid any tax. Will I get the amount back in tax that I paid for the 4 months? Does it get calculated for the full year? I don't have anything else to claim back for. Been a rough past few years.

Yes, you should get it back as I understand things

 

[LaraC]

So I was unfortunately unemployed for the first 8 months of the 2021/2022 financial year, and employed in the last 4 months. When checking my pay slips, I can see they've based the tax on the tax table, give or take a rand. With earning comm, it changes as well. But collectively, if I add my total earnings up for the 4 months, I don't earn enough over the 12 month financial year to actually have paid any tax. Will I get the amount back in tax that I paid for the 4 months? Does it get calculated for the full year? I don't have anything else to claim back for. Been a rough past few years.

SARS will look at your income for the entire year. Allowed deductions will be subtracted from your yearly income to obtain your tax liability.

If your tax payments are higher than your liability, you'll be refunded the difference.

 

[GSRit01]

Thanks for the responses. It's what I thought. But we will see in a few days!

 

[Nineteeneightysix]

Investec had a weird name too. Wonder why SARS changed it.

My mom is a retired police officer and her IRP5 now shows "Departement van Finansies".

 

[Jehosefat]

Ah, Ashburton was code for FNB.
Submitted, no audit, the auto populated stuff was better auto populated for me this year.

Investec had a weird name too. Wonder why SARS changed it.

RMB Asset Management was renamed Ashburton Investments about 5 years ago and Investec Asset Management was renamed Ninety One a year or two back.

 

[Juanado]

Just submitted. Always get verified (claiming home office and have rental properties). Now we wait

 

[Anonymous™]

I also submitted it earlier this evening. Got notified of being selected for verification for foreign CGT losses + WFH. I already had the paperwork handy so I filed it. I submitted directly on eFiling as TaxTim said it's only able to process from 1 July.

2022-06-28 18:50 SARS sent you a Letter "Requirement To Submit Supporting Documents" view
2022-06-28 18:40 SARS sent you an ITA34 assessment of your tax return submission view
↳ Refund to you: R, Balance due to you: R, Audit: Yes
2022-06-28 17:52 You submitted your tax return to TaxTim

I was done with the corrections and it was auto acknowledged by 21:00 (INCOME TAX ACKNOWLEDGEMENT - RECEIPT OF SUPPORTING DOCUMENTS). Now I wait.

 

[Anonymous™]

Logged on. No IRP5 there yet

+1

Same here.

But you can just enter it yourself with the one from the employer. I did that. (Granted I had the benefit of TaxTim making it easier. The eFiling form is not too bad either)

 

[zerocool2009]

RMB Asset Management was renamed Ashburton Investments about 5 years ago and Investec Asset Management was renamed Ninety One a year or two back.

And recently Ashburton was renamed to FNB (holdings).

Wonder why all the name changes

 

[handyman007]

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+1

But you can just enter it yourself with the one from the employer. I did that. (Granted I had the benefit of TaxTim making it easier. The eFiling form is not too bad either)

And SARS accepted without audit?

Thanks for the advice.

 

[Mike Angelo]

My mom is a retired police officer and her IRP5 now shows "Departement van Finansies".

Thats correct. All govt. employees show that.

 

[Mike Angelo]

Filed on monday, refund received this morning.

 

[Heisenborg]

And tell me something. The 130k I spent on solar. Is that deductible?

 

[BouncyNinja]

A bit off topic...After seeing the announcement from big concerts this morning, a portion of my refund has been reallocated for concert tickets