SARS eFiling 2022/2023

feo said:
Yikes.

How did you illustrate what portion of the bond payment was interest? Because only the interest is deductible.
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I showed the payments coming off my account and then got a homeloan statement for the applicable rentals and highlighted the payment each month as well as the interest charges, which then correlates to the amount coming off my general account.
I had to put the interest each month into a sheet and show that it added up to what I inputted on efiling
 
Shayj_17 said:
I submitted on the 7th. Got an email on the 10th apparently my bank details were incorrect. Mind you I have a savings account at the one bank and then my actual account with another. Sars have these details for the past couple of years now. I followed all their instruction on updating etc. Even did it while on a call with a consultant. This morning I called and was told to send them proof of bank account/3 months bank statement. Certified ID. A pic of ne holding my ID in the one and and a hand written note dated and asking them to update my details How can I take these people serious?? Anyway let me go and take my pic. I need that refund.
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Same thing. However, I did change my bank accounts a few months ago. Submitted it yesterday, got confirmation that uploads were received for the case number. Now waiting.
 
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I started a job in jan this year and I used my own car for work travel. This is my first time doing a vehicle claim so Im a bit confused.

I kept a log book for all my business travel plan odo readings. The odo readings are from the date I started (not beginning of the tax year) till the end of the tax year. Is that correct?
I have all the till slips for fuel the amount in the pic isnt exact, still need to tally it up. That is the value that goes there?
The maintenance and repairs meant to be 0. It would be roughly 8000 in the next tax year. My car was serviced in March, I changed both front tyres, and put a new battery. Does all that costs go in that category?
The insurance and license fees? Do I just sum my license fee and insurance costs for the vehicle and that goes there?
Wear and tear? No idea what goes there. Nothing else was done on my car besides the things mentioned above.
 
feo said:
Yikes.

How did you illustrate what portion of the bond payment was interest? Because only the interest is deductible.
Click to expand...

What I do is, I have an income and expenses excel spreadsheet. Then I clearly show the summed up deductions. Then for more supporting docs, I download the FNB tax certificate, and make sure what I claimed as interest, reflects on that doc. As simple as that
 
zerocool2009 said:
What I do is, I have an income and expenses excel spreadsheet. Then I clearly show the summed up deductions. Then for more supporting docs, I download the FNB tax certificate, and make sure what I claimed as interest, reflects on that doc. As simple as that
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Understood, but what I don't get is that I literally sent them an annual home loan statement from my bank which explicitly marks one section as "For Tax Purposes" which lists the aggregate bond interest for the year.

I don't understand how SARS can't be satisfied with that?
 
feo said:
Understood, but what I don't get is that I literally sent them an annual home loan statement from my bank which explicitly marks one section as "For Tax Purposes" which lists the aggregate bond interest for the year.

I don't understand how SARS can't be satisfied with that?
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You need to show this:

Bond : Interest charged-> R50 000 (via your summed up banking doc for tax).

In the rental section: R50000 interest

As simple as that
 
Filed on Wednesday, got a decent refund today. Happy chappie. :cool: Well done to me, myself and I for having discipline to contribute to RA.

p.s. whoosh - gone towards swimming pool deposit.
 
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There is nothing more irritating than getting audited, and the guy who view or does the audit doesnt know jack @#$@#$@#$ ! Dispute here we go!
 
zerocool2009 said:
There is nothing more irritating than getting audited, and the guy who view or does the audit doesnt know jack @#$@#$@#$ ! Dispute here we go!
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It would be interesting to hear what they have issues with. I submitted the 8th. I was audited and they requested my home office stuff (I Forgot to add it like an idiot) and got a letter yesterday that everything was accepted like filled in. So I must give them some points. 8 days and they wanted extra documentation.
 
rterblanche said:
It would be interesting to hear what they have issues with. I submitted the 8th. I was audited and they requested my home office stuff (I Forgot to add it like an idiot) and got a letter yesterday that everything was accepted like filled in. So I must give them some points. 8 days and they wanted extra documentation.
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With rentals, you have basic categories. Example, interest, insurance ...
Then there is other. I summed up the other, and gave the reasons why.
Things like fuel. telephone, isp, COJ Sewerage charges, CSOS levies ...
 
zerocool2009 said:
With rentals, you have basic categories. Example, interest, insurance ...
Then there is other. I summed up the other, and gave the reasons why.
Things like fuel. telephone, isp, COJ Sewerage charges, CSOS levies ...
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Ok, Strange. Maybe the guy just didn't have his coffee. Also, have the rentals thing with external RA's and home office even thou I work as a salaried employee. Really thought I was going to struggle more.
 
Day 13/21 - it's crickets from the Audit/Verification office. They took their docs, assigned the case and it has been radio silence since.
 
Anonymous™ said:
Day 13/21 - it's crickets from the Audit/Verification office. They took their docs, assigned the case and it has been radio silence since.
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Unfortunately they can take their time for the 21 days, after that, you should follow up. That's what I had to do last year, and within a day I had my rebate paid.
This year, same story, submitted the docs on Tuesday, and now the wait begins. I use TaxTim, but they're as vulnerable to SARS' policies as we all are.
 
zerocool2009 said:
What I do is, I have an income and expenses excel spreadsheet. Then I clearly show the summed up deductions. Then for more supporting docs, I download the FNB tax certificate, and make sure what I claimed as interest, reflects on that doc. As simple as that
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I usually do that. For some reason year before last they refused to accept the IT3B, no idea why, i argued, it went badly.
Last year they accepted it. Really strange
 
zerocool2009 said:
There is nothing more irritating than getting audited, and the guy who view or does the audit doesnt know jack @#$@#$@#$ ! Dispute here we go!
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Exactly this. When i said the IT3b clearly shows the interest and is a valid document, they just closed my case and said I owe them. Had to do the dispute process, which is a pain but at least the next guy was more useful and reasonable
 
I got feedback now and a revised assessment has just removed the levies, rates and taxes and bond interest from the rental income section.

I also got an email to say that based on my return, I'm a provisional taxpayer.

Anyone renting out properties can confirm?
 
feo said:
I got feedback now and a revised assessment has just removed the levies, rates and taxes and bond interest from the rental income section.

I also got an email to say that based on my return, I'm a provisional taxpayer.

Anyone renting out properties can confirm?
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That is super incorrect! You can claim every sent towards basic expenses! Just start a dispute!
 
zerocool2009 said:
That is super incorrect! You can claim every sent towards basic expenses! Just start a dispute!
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I'm actually making a net loss on rental so I'm a bit lost.

The provisional tax doc and the letter from SARS mentions an amount of R30,000 additional income. My rental income before deductions is above that amount but it turns into a loss when I take into account deductions.
 
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