SARS eFiling 2022/2023

syntax said:
They even have sections where you input those things. Usually its because the evidence you submitted wasnt good enough or they didnt understand it.

You will need to raise a dispute. I accompany my submission documents with a letter explaining every little thing. A calculation table showing how i got the numbers, you have to assume they are completely useless and handhold the entire thing for them
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Yeah, the problem is they don't tell you exactly what they want from you. So you have to guess or ask someone that's been through this process for guidance.

I did log a dispute already, specifically a Notice of Objection, albeit hastily. I should've waited a day or 2 to make sure there's no mistakes.

This time around I uploaded all the documentation related to the rental income and associated expenses. In addition, I also did a little Excel income statement and split it up per month, along with the totals for the tax year. There was one small mistake in there where I put a comment in the wrong cell but hopefully they don't trip up on that. Another thing I added was an annual bank statement (yes, every single transaction on my bank account for the whole year) and highlighted and labelled the relevant debits and credits on levies, rates, bond payment and rental income.

It's actually very stressful this year.
 
feo said:
Yeah, the problem is they don't tell you exactly what they want from you. So you have to guess or ask someone that's been through this process for guidance.

I did log a dispute already, specifically a Notice of Objection, albeit hastily. I should've waited a day or 2 to make sure there's no mistakes.

This time around I uploaded all the documentation related to the rental income and associated expenses. In addition, I also did a little Excel income statement and split it up per month, along with the totals for the tax year. There was one small mistake in there where I put a comment in the wrong cell but hopefully they don't trip up on that. Another thing I added was an annual bank statement (yes, every single transaction on my bank account for the whole year) and highlighted and labelled the relevant debits and credits on levies, rates, bond payment and rental income.

It's actually very stressful this year.
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Also important to point out that if you earn more than R30 000 per tax year in untaxed income (e.g. rental income, side hustle, freelance work, etc) then you are supposed to file provisional tax returns in Aug and Feb of the tax year in addition to your annual tax return in July.
 
deweyzeph said:
Also important to point out that if you earn more than R30 000 per tax year in untaxed income (e.g. rental income, side hustle, freelance work, etc) then you are supposed to file provisional tax returns in Aug and Feb of the tax year in addition to your annual tax return in July.
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Yeah I'm trying to figure out how it all works and whether I should do it myself or try TaxTim for a year to see how it's done.

There is a nifty tool on the TaxTim site which shows you if you need to register for provisional tax after answering a few questions and mine says I don't.

That R30,000 number is after deductions, right? Because I'm currently making an annual loss on my rental property. Even after adding (the non-exempt portion of) interest income, it's well below R30k.

But let's assume it was above R30k, do I do provisional tax twice a year on my FULL income or JUST on the non-employment income? This might be a basic question but it's all new to me.
 
Pho3nix said:
Can anyone explain the CGT risk from home office expenditure ?
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Sure. In the normal course of events when you sell a house that is your primary residence you get a R2 million exclusion on any profit you make from the sale of your house. In other words, you will only pay capital gains tax on any profit OVER R2 million. If you claim WFH expenses then in theory these expenses will decrease your R2 million exclusion by the same percentage that you claim is the area you use for your home office, apportioned by time. So if you claim that your home office is 10% of the area of your house, and you owned your house for 20 years, but only had a home office for 2 years, your CGT exclusion will be lowered by "R2 million x 10% x 2 years / 20 years" = R20 000. So when you sell your house your primary residence exclusion will be R1 980 000 instead of R2 million. Although how they actually enforce this is a mystery.
 
deweyzeph said:
Sure. In the normal course of events when you sell a house that is your primary residence you get a R2 million exclusion on any profit you make from the sale of your house. In other words, you will only pay capital gains tax on any profit OVER R2 million. If you claim WFH expenses then in theory these expenses will decrease your R2 million exclusion by the same percentage that you claim is the area you use for your home office, apportioned by time. So if you claim that your home office is 10% of the area of your house, and you owned your house for 20 years, but only had a home office for 2 years, your CGT exclusion will be lowered by "R2 million x 10% x 2 years / 20 years" = R20 000. So when you sell your house your primary residence exclusion will be R1 980 000 instead of R2 million. Although how they actually enforce this is a mystery.
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Thank you!
Assuming this is per primary residence then, so if I move the R2m starts again in a new house?
 
Pho3nix said:
Thank you!
Assuming this is per primary residence then, so if I move the R2m starts again in a new house?
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That's right. Obviously though you can't simultaneously have more than 1 primary residence. As far as I know if you have 2 properties, let's say your primary residence and a holiday house, and then you sell your primary residence, and then start using your holiday house as your primary residence you must then also reduce and apportion the R2 million exclusion by the time that you did not use it as your primary residence. So if you owned your holiday house for 10 years, but only started using it as your primary residence for the last 2 years, and then sold it, your primary residence exclusion will be R2 million x 2 years / 10 years = R400 000 because you only used it as a primary residence for 2 years out of the 10 years you owned it.
 
Shayj_17 said:
Yes as above. So you have to send through 3 months bank statement, certified ID, proof of address and a hand written note with case number and date and please update bank details. Those docs needs to be uploaded.
I am still waiting on my refund.
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I updated it under Home -> Maintain Sars registered details....

Nothing to be uploaded at all

What shocks me somewhat, I never updated or changed my banking details EVER!
 
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zerocool2009 said:
I updated it under Home -> Maintain Sars registered details....

Nothing to be uploaded at all

What shocks me somewhat, I never updated or changed my banking details EVER!
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Same with me. They have been paying me into the same bank account for years!
 
Today I visited my local sars. Its just crazy how citizens fall for phishing. A few cases was related to fraud.
 
Shayj_17 said:
Any joy with the bank details situation?
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They didnt even compare old with new. Just deleted the existing, inserted the new details, scanned docs and that was it.

Looks like a way to gain time for nothing, or just waste tax payers time
 
djsadie said:
Quick question: I ceased to be a tax resident during the last tax year. When trying to do my online "tax calculation" I get the following message:
View attachment 1553301
Is anyone else in the same boat and also not getting calculation results?

Thanks in advance.
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Has there been any movement on yours?
Ive had nothing yet
 
All done. Submitted on the 8th. Selected for verification. Did home office and rentals and RA. This year they disallowed the internet expenses for the home office for some reason.
 
My capital loss was not populated in my return. I forgot to add it. Can I re-open my return to add it? It wouldn't change my refund which I've already received.
 
syntax said:
Has there been any movement on yours?
Ive had nothing yet
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Nothing. Still waiting. The online status from Efiling indicates "Please note that your assessment cannot be processed immediately as there are certain aspects of your return that require manual intervention. SARS will advise you as soon as your return has been assessed."
 
Submitted 8/07 - required to submit supporting docs for donations & home office.
Submitted supporting docs 10/07 and received confirmation of receipt of supporting docs on 11/07.

To date, nothing further received...
 
SARS finalized my verification with changes. They went and reduced the Interest / Finance charges on my rental property to an exact amount for me to not show a profit or loss. WTF!!!

Logged a dispute.
 
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