SARS eFiling 2023/2024

trippinBillie said:
my SOA says R -XXXX.xx
Refund status: No Refund Due

I filed on the 18th, is this normal?

EDIT: where is the "you can refer to the refund dashboard status for a reason for non-payment of the refund" link?
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Maybe you will be given the "verification of bank details" next.
 
My bank details are now the excuse for a delay in payment. The verification was handled extremely quick this year, last night I was given the "verify your bank details" which now will take up to 21 days.
 
sdenobrega said:
Maybe you will be given the "verification of bank details" next.
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mine also the same with Refund status: No Refund Due Submitted on the 15th. no corrispondance from SARS since then. I did call and they said nothing to be done from my side. Everything on the portal under my details is correct and shows verifed.
 
sdenobrega said:
My bank details are now the excuse for a delay in payment. The verification was handled extremely quick this year, last night I was given the "verify your bank details" which now will take up to 21 days.
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It's so stupid that SARS has access to all this information at its disposal, but it still requires people to manually verify their bank account details. Either the ID number SARS has on record for you matches the ID number linked to the bank account, or it doesn't. SARS claims to know about every debit and credit coming out of your bank accounts, but they can't figure out if a bank account actually belongs to you without you having to verify it? Seems pretty dumb.
 
sdenobrega said:
My bank details are now the excuse for a delay in payment. The verification was handled extremely quick this year, last night I was given the "verify your bank details" which now will take up to 21 days.
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Surely this only needs to be done if the account info changed from previous assessments?
 
I checked last year I submitted on open day 1 July 2023 and was only paid out on the 11th July. Maybe I will have to wait till the 28th August.

no details have changed since then. I never ran a SOA last year.
 
My refund is being held back because 'tax for 2010 is missing'

I didn't even have a a steady job in 2010
 
Beyond.Celsus said:
My refund is being held back because 'tax for 2010 is missing'

I didn't even have a a steady job in 2010
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In my experience every person who was suddenly asked to submit an "old" return was because there was a tax directive in that year due to movement in retirement funds, either a transfer or a withdrawal.
 
KoosMostert said:
In my experience every person who was suddenly asked to submit an "old" return was because there was a tax directive in that year due to movement in retirement funds, either a transfer or a withdrawal.
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This seems like the most likely explanation. There are very clear guidelines from SARS over who does or does not have to submit a tax return every year. It seems like they are retrospectively going back and applying those rules to everyone who did not meet those guidelines.
 
Neuk_ said:
Still nothing from Sanlam despite emails, calls and WhatsApp messages. I found the directive on SARS eFiling so it looks like a transfer from Sanlam to Old Mutual but why it was done I have no idea as the initial switch was done in 2018 or 2019. I am hesitant to submit my tax return as I have no documentation or correspondence relating to the transfer other than what I can find on SARS eFiling...
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Finally recieved the IRP5/IT3A from Sanlam so will double check everything and submit this afternoon, hopefully no shenanigans like last year with the sale of our previous house.
 
Neuk_ said:
Finally recieved the IRP5/IT3A from Sanlam so will double check everything and submit this afternoon, hopefully no shenanigans like last year with the sale of our previous house.
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Arg :mad: They sent me the IRP5/IT3A from 2020 when retirement funds were originally transferred to Old Mutual.
 
Neuk_ said:
Finally recieved the IRP5/IT3A from Sanlam so will double check everything and submit this afternoon, hopefully no shenanigans like last year with the sale of our previous house.
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Do you have a cautionary tale you can share with us about the sale of your house?
 
deweyzeph said:
Do you have a cautionary tale you can share with us about the sale of your house?
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Not really, someone submitted the sale documents with an extra 0 on the sale price to the deeds office, we corrected it as soon as we found out but the SARS lackey didn't bother to look at the updated deeds office documents so insisted we had to pay tax on the profit of our house which they said was R27.5m :rolleyes: The real 'profit' just looking at purchase versus sale price was R500k, well below the threshold and it was a primary residence.
 
Neuk_ said:
Not really, someone submitted the sale documents with an extra 0 on the sale price to the deeds office, we corrected it as soon as we found out but the SARS lackey didn't bother to look at the updated deeds office documents so insisted we had to pay tax on the profit of our house which they said was R27.5m :rolleyes: The real 'profit' just looking at purchase versus sale price was R500k, well below the threshold and it was a primary residence.
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Eish, that sucks. I heard a similar horror story from a friend of mine who sold his house a few years ago in Joburg for less than what he paid for it, and for way less than the official municipal valuation of the property. SARS flagged it up when he declared the capital loss and it took much convincing from him that there wasn't something dodgy going on. SARS was insisting that he use the municipal valuation of the property as the sale price and not the actual price that he sold it for.
 
KoosMostert said:
In my experience every person who was suddenly asked to submit an "old" return was because there was a tax directive in that year due to movement in retirement funds, either a transfer or a withdrawal.
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Had no funds back then
Literally nothing but a bank account
 
Beyond.Celsus said:
Had no funds back then
Literally nothing but a bank account
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There are many other criteria for having to submit a return though that have nothing to do with how much income you earned in that year, including multiple IRP5s from different employers, income from non-employment sources such as a side-hustle or rental income, investment income from interest or dividends, etc. The criteria for not having to submit a return is extremely narrow.
 
Neuk_ said:
Arg :mad: They sent me the IRP5/IT3A from 2020 when retirement funds were originally transferred to Old Mutual.
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Finally figured it all out, there were excess funds left in my employers pension fund after a swop from Sanlam to Old Mutual and because I was a member of the fund at the time of the swap I and others got paid out a small sum in to our then current pension funds.
 
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