FAQ: Can a Trust submit an objection through eFiling?
An automated process for Trust taxpayers was introduced on eFiling during April 2024 to electronically submit documentation to lodge a dispute via a fully guided process. This applies to the following transactions: Submission of Request for Reasons, Request for Remission (RFR), Notice of Objection, and Notice of Appeal. Note: A request for suspension of payment […]
FAQ: Can a company submit an appeal using the Notice of Appeal (NOA) form?
Yes, the company representative can file a Notice of Objection (NOO), a Notice of Appeal (NOA), a Request for Reasons, a Request for Remission (RFR), and a Request for Late Submission (Condonation) against interest and penalties on late payments and assessments raised in relation to Corporate Income Tax via eFiling (CIT).
FAQ: Can a company submit an objection using the Notice of Objection (NOO) form?
Yes, on eFiling the company representative can lodge Notice of Objection (NOO), Notice of appeal (NOA), a Request for Reasons, Request for Remission (RFR),), and Request for Late Submission (Condonation) against interest and penalty on late payments and assessments raised in relation to Corporate Income Tax (CIT).
FAQ: What must I do if my IRP5/IT3(a) information for my lump sum is not on my Income Tax Return (ITR12)?
If the ‘Transaction Year’ and the ‘Year of assessment’ differs on the IRP5 certificate the IRP5/IT3(a) tax certificate will not be prepopulated on the return. On eFiling add the certificate by increasing the number of certificates on the return wizard. A blank certificate will be available and you must capture the IRP5/IT3(a) tax certificate detail, […]
FAQ: How will donations made to the Solidarity Fund during 26 – 30 March 2020 and 01 October 2020 to 28 February 2021 via the Employer be indicated on the IRP5 Certificate?
For any donations made to the fund through your employer during 26 – 30 March 2020 and 1 October 2020 to 28 February 2021, the amount donated will be reflected under the source code 4030 of the IRP5 certificate issued by your employer. Please ensure to capture the amount reflected under code 4030 on your […]
FAQ: How do I claim S18A deductions on the ITR12 return?
To claim donations made by the donor in a personal capacity, the following questions must be answered on the return wizard: Do you want to claim donations made to an approved organization(s) in terms of s18A? How many organizations did you donate to? Upon answering these questions, the donation containers for both […]
FAQ: How do I calculate my allowable deductions in respect of donations for the 2020/21 tax year, to the Solidarity fund and donations made to other approved funds?
The tax-deductible limit for donations, currently 10 per cent of taxable income, has been increased with an additional 10 per cent in respect of donations in cash or of property in kind donated and actually paid or transferred to the Solidarity Fund from April 2020 to September 2020 of the donor to the Solidarity Fund. […]
FAQ: I donated to the Solidarity Fund between October 2020 and February 2021, where do I claim my donation amount on my return?
You must answer the following questions on the ITR12 wizard: 1. Do you want to claim donations made to approved organisation(s) in terms of s18A? 2. How many organisations did you donate to? Donation containers for both source codes 4055 & 4011 will open on the return. Please ensure that you have an approved donation […]
FAQ: I donated to the Solidarity fund through my employer and then made an additional donation to the Solidarity fund in my personal capacity. Do I add the amounts together or do I reflect the amounts separately?
The amount donated through your employer will be reflected on your IRP5 and will therefore be pre-populated under “Employee Tax Certificate Information [IRP5/IT3(a)]” on your return. You must answer the following questions on the ITR12 wizard: 1. Do you want to claim donations made to approved organisation(s) in terms of s18A? 2. How many organisations […]
FAQ: I have employees who contributed to the Solidarity fund, under which source code do I reflect the amounts on their IRP5s?
The amount must be reflected under the new source code 4055.
