FAQ: All my tax products are not displayed on my ERC01/MCP?
If your ERC01 form or MCP does not display all the relevant tax types, you must make use of the ‘Merge’ functionality on eFiling.
FAQ: Am I as the employee limited in my career mobility if my employer does not release me on the CSK registration portal?
No, the system allows for either the employer or employee to de-link themselves on the system.
FAQ: Am I required to submit an income tax return if I am a South African resident but I work overseas and I do not earn other income from a South African (SA) source except for exempt interest income from a South African source?
If you are a tax resident of South Africa, you are subject to tax on worldwide income, irrespective of where the income is earned. You
FAQ: Am I required to submit an income tax return if I am a South African resident but I work overseas and I do not earn other income from a South African (SA) source except for exempt interest income from a South African source?
If you are still a resident in South Africa, all residents are taxed on worldwide income irrespective of where the income was earned. If you
FAQ: Are capital distributions subject to Dividends Tax?
Pure capital distributions are not dividends for tax purposes, and hence no Dividends Tax liability arises. However, if a portion of a capital distribution constitutes
FAQ: Are medical schemes exempt from Dividends Tax?
Yes, medical schemes registered under the Medical Schemes Act of 1998 are exempt (provided the required declaration is submitted) as they fall within the definition
FAQ: Are provisional tax payments refundable?
No, provisional tax payments are not refundable. Such payments will be set off against the liability for normal tax for the applicable year of assessment
FAQ: Are Public Institutions required to register for other tax products?
Public institutions that have employees that are paid over the tax threshold will have to register as an employer for employees tax. For VAT, a
FAQ: Are Public Institutions required to submit annual returns?
Yes. Public institutions will have to file annual income tax returns.
FAQ: Are supporting information required for an objection?
Yes. The taxpayer must attach supporting information to substantiate the grounds for the objection. The taxpayer can select the following reasons on the NOO form
FAQ: Are the Employee SIC7 and SEZ codes mandatory on e@syFile™ Employer?
If you have claimed the Employment Tax Incentive (ETI), the Standard Industrial Classification (SIC7) and the Special Economic Zone (SEZ) codes are mandatory and must
FAQ: Are there any additional requirements to be met by an approved Venture Capital Company?
Yes. The company must satisfy the following additional requirements after the expiry of 48 months commencing on the first date of the issue of venture capital share:
FAQ: Are there any changes to the penalties and interest rules for provisional tax?
No, the current penalties and interest rules for provisional tax still apply.
FAQ: Are there any exemptions applicable to Dividends Tax?
Dividends payable to the following beneficial owners could be exempt from Dividends Tax (provided the required “declaration” and “undertaking” are submitted to the company or
FAQ: Are there any limits to the tax deductions that investors can claim?
Yes. From 21 July 2019, investments made by natural persons and trusts will be capped at R2.5 million and for companies, investments will be capped
FAQ: Are there any special tax benefits for investees?
No. The standard tax rules will apply.
FAQ: Are there any special tax benefits for Venture Capital Company’s?
No. The standard tax rules will apply.
FAQ: Are there any tax benefits to the Venture Capital Company incentive?
Yes. Investors can claim income tax deductions in respect of their investments in approved venture capital companies.
FAQ: Are there any terms and conditions regarding the usage of Help-You-eFile session?
Yes. There are terms and conditions regarding the usage of Help-You-eFile session. You must first tick the box to show that you have read the
FAQ: Are trade unions or stokvels exempt from Dividends Tax?
No, trade unions and stokvels are not exempt from Dividends Tax.
FAQ: As a beneficial owner where can I obtain the declaration and undertaking form for exemptions for completion?
The declaration and undertaking form for exemption can be obtained from the company or withholding agent who issued the dividend to the shareholders (beneficial owners).
FAQ: By when should I pay SARS if I owe money on my Return?
If you owe money to SARS the due date for payment will show on the Notice of Assessment (ITA34). The payment due dates are: • eFilers:
FAQ: Can a company reapply for a Venture Capital Company status?
Yes. If the company takes the corrective steps to rectify the non-compliance that resulted in the withdrawal of the venture capital company status, the company
FAQ: Can a company voluntarily apply for a withdrawal of their Venture Capital Company status?
Yes. The request for withdrawal must be submitted in writing and must include the following information: – The venture capital company reference number or Income
FAQ: Can a Dividends Tax payment still be made without submitting a DTR02 return?
Yes, a payment can still be made without submitting the Dividends Tax return, however, a payment reference number must be requested via the following channels
FAQ: Can a penalty be imposed by SARS if an asset was incorrectly valued by a taxpayer? If so, under which section of the Act?
Yes – section 222 of the Tax Administration Act, 2011.
FAQ: Can a registration for income tax be backdated?
The registration for income tax may be backdated to the tax year you were first liable.
FAQ: Can a taxpayer download an IRP6 return from the SARS website?
No, the IRP6 return will be not be available on the SARS website, therefore a taxpayer will not be able to download the return.
FAQ: Can a taxpayer request for reasons for an assessment?
Yes. SARS has implemented an electronic Request for Reasons process via eFiling and the SARS branches for Personal Income Tax (PIT), Company Income Tax (CIT)
FAQ: Can a taxpayer withdraw a Notice of Objection?
Yes, a taxpayer can withdraw a Notice of Objection. The request must be submitted in writing.
FAQ: Can a taxpayer withdraw a Notice of Objection?
A taxpayer can withdraw a Notice of Objection. The request must be submitted in writing.
FAQ: Can an assessed loss – as opposed to an assessed capital loss – be set off against a taxable capital gain?
Yes. Some commentators have questioned this point because a taxable capital gain is included in taxable income. The definition of the term “taxable income” in
FAQ: Can an income tax form be created for me without having to complete the questions on the first page?
The income tax return will be customised according to answers provided on the first page of the form.
FAQ: Can an ITR14 return be submitted via the post?
No, if the ITR14 is submitted via post, a rejection letter from SARS together with the submitted ITR14 enclosed will be posted to the Company.
FAQ: Can I apply for an extension to submit my income tax form at a later stage?
No extensions for late submission will be allowed.
FAQ: Can I apply for an extension to submit my ITR12 income tax return at a later stage?
No extensions will be allowed and ITR12 returns must be submitted by the submission deadline.
FAQ: Can I appoint someone to change banking details on my behalf?
Yes you can appoint someone to change banking details on your behalf, provided that the supporting document (relevant material) is presented.
FAQ: Can I be locked out in the event of too many incorrect tries with the issued OTP?
You must take care to ensure that the correct OTP is entered. If you are locked out at a work-station due to too many failed
FAQ: Can I be registered for both the Turnover Tax and VAT?
Yes, as from 1 March 2012 persons registered for Turnover Tax may elect to register for VAT.
FAQ: Can I belong to an international controlling body?
Yes, but only if it is Recognised Controlling Body under s 240A of TAAct.
FAQ: Can I change my ID number or Passport number on the income tax form?
No,you will have to visit a SARS branch office to change or update identity details.
FAQ: Can I change my portfolio name?
Yes, users may change their portfolio name by using the “Portfolio Management” function listed under “My Profile” on the left menu pane. Detailed steps can
FAQ: Can I change my portfolio type?
Yes, users may change their portfolio type by using the “Portfolio Management” function listed under “My Profile” on the left menu pane Detailed steps can
FAQ: Can I choose not to select a default Primary user?
No. All users will have to select a default primary user in order to use eFiling, Otherwise, they will not be able to access eFiling
FAQ: Can I claim for more than one Retirement Annuity?
Yes, you can claim for more than one retirement annuity. Add the contribution made together and claimed under code 4006.
FAQ: Can I claim professional subscription fees as a chartered accountant?
A person who earns remuneration income (which is not derived mainly from commission) cannot claim professional subscription fees against the income received. This deduction is
FAQ: Can I distribute capital losses in a Trust as an aggregate capital loss to beneficiaries?
Capital losses may never be attributed to a beneficiary. Both para 80(1) (vesting of asset in resident beneficiary) and para 80(2) (vesting of capital gain
FAQ: Can I edit the fields on my IRP5?
Check your IRP5 and verify if all the information is correct before attempting to submit the return. If you notice any errors which might need
