I used it as an example.
I have a normal job and I do loads of trading separately disclosed income on my taxable income.
My expenses that I deduct sit under my trading.
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SARS eFiling 2022/2023
- Thread starter SAguy
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I have a normal job and I do loads of trading separately disclosed income on my taxable income.
My expenses that I deduct sit under my trading.
now05ster
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I know I'm late to the party, but SARS' 2022 clarification that disallows the claiming of home bond interest for the home office sucks.
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The Deduction of Home Office Expenditure | TaxTim Blog SA
Do your Tax Returns Quickly and Easily with TaxTim Today! TaxTim is your Friendly Online Tax Assistant - Do your Tax Return Right for Maximum Refund.
www.taxtim.com
BuckRogers
Expert Member
Just to make sure - claiming a deduction for a laptop will not influence future CGT on the primary residence?
Nope
Gtx Gaming
Gtx Gaming
Weird got a letter saying they need to verify the info.
But the SOA and IT34 says not selected for audit or verification lol
But the SOA and IT34 says not selected for audit or verification lol
BuckRogers
Expert Member
Did you claim WFH expenses
semaphore
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Bugs, enjoy.
Gtx Gaming
Gtx Gaming
Nope never claim anything that'd not auto populated. So only claim medical aid and RA.
karnuffel
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I can see mine on the app as well. I just had to add my OUTA donations. Not sure of the effect, but I figured its worth it even if it giver me R10 more.
Just need to get my discovery docs to validate the auto populated data before I submit.
Just need to get my discovery docs to validate the auto populated data before I submit.
zerocool2009
Honorary Master
My tax so far completed. Just waiting for my Sygnia stuff (RA and straight EFT's)
BuckRogers
Expert Member
Then SARS must be either stupid or desperate to ask for verification.
Gtx Gaming
Gtx Gaming
I think issue prevouis employer, which they paid for medical aid etc, think might be problem the tax credits for that. I am still waiting irp5 etc
I got the same thing
Gtx Gaming
Gtx Gaming
It's weird I refreshed SOA still says no audit or verification
I didn't know about this. My claim drops significantly with the bond interest out of the equation. Wondering if it's even worth the effort of claiming WFH nowI know I'm late to the party, but SARS' 2022 clarification that disallows the claiming of home bond interest for the home office sucks.
The Deduction of Home Office Expenditure | TaxTim Blog SA
Do your Tax Returns Quickly and Easily with TaxTim Today! TaxTim is your Friendly Online Tax Assistant - Do your Tax Return Right for Maximum Refund.
Sir Bob
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Did you have a big amount denied by medical aid on your certificate?
Jan van Riebeeckstad
Executive Member
I didn't know about this. My claim drops significantly with the bond interest out of the equation. Wondering if it's even worth the effort of claiming WFH now
Not worth it.
now05ster
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It sucks. I'm still going to give it a go, though. It is a lot of effort, IMO, which is why I didn't want to in the first place.I didn't know about this. My claim drops significantly with the bond interest out of the equation. Wondering if it's even worth the effort of claiming WFH now
I read somewhere that the particular interpretive note is being challenged by the regulator (or something). Let's hope it gets clarified in our favour.
Jan van Riebeeckstad
Executive Member
Just wait till thye ask for a 360 degree photo of your home office. Not even a used condom can be seen else they will deny your claim.
Aye, that's what I'm struggling with. It was worth the effort to get the larger amount. Now that it's 25% of what I got last year, I think I'm going to skip it. Each year it's been a fight and has delayed the payout, so the options are get the rest of the money quicker, or fight for the full amount. SARS is successful in dissuading me from claiming all that I can.