A co-operative does not have shares like a normal company but rather membership fees with members instead of shareholders. How does a co-operative complete the share register?
The general rule applicable to all companies (which includes co-operatives) is that the details of all the holders of a beneficial interest in the shares
Both my eFiling security contact details have changed (email and cellphone number) – how do I get the One Time Pin(OTP) ?
If both your security contact details have changed i.e. you have a new cell number and a new email address, you will need to contact
Can I still edit my return even though the auto assessment refund was released?
If you are not in agreement with the auto-assessment, you can complete and file your tax return from 15 July 2024 on wards until 21
Can the secondary spouse object to the ‘Married in Community Spousal Assessment’ ?
Yes, such assessments will be subject to objection and appeal, for both spouses.
Could this have a destabilising effect on families where the taxpayer is Married in Community of Property?
SARS is simply applying tax laws which follows matrimonial laws, without this we will be deemed non-compliant and not collecting tax due in the hands
Do I need to submit a return if my Trust made no distributions during the year of assessment (YOA)? Further, if a NIL return will be required from 2025 – will the notice to submit third party returns incorporate this requirement?
R0 returns are not required for the IT3(t) submissions for the 2024 year of assessment. It is currently envisaged that, for the 2025 year of
Due to delays experienced by Trusts who are deregistering at the Masters office, deregistration at SARS is prevented. Further distributions of income will not be possible at this point. Can these Trusts be excluded from the IT3(t) SARS submission event?
SARS is aware of the delays being experienced at certain offices of the Master of the High Court (MOHC). For the 2024 year of assessment,
FAQ The TAT has expired. Why do I not have my receipt?
Check to see whether you met the timeframes in the latest letter sent by SARS. Once the Final Request For Supporting Documents is issued, you
FAQ: 1. What is the meaning of the letter titled, Employee’s tax (PAYE) on your pension or annuity for tax period 1 March 2023?
To ensure that the correct PAYE amount is deducted monthly and to avoid a significant tax debt to SARS at year-end. The letter is a
FAQ: 2. Why am I receiving a special tax rate
You have been identified as a taxpayer/pensioner that receives more than one source of income of which at least one of the incomes is from
FAQ: A taxpayer and his or her spouse both require only a laptop to conduct their trade of employment. They share an office at home. The room is 100% an office and is used for nothing else. Does this fail the requirement of exclusive use? Should the house have two separate rooms that are used separately by each spouse for their work?
If the home office is clearly divided between the two spouses’ respective spaces, and each space meets the requirements for a home office deduction, then
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),
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
FAQ: Can a salaried employee claim a deduction for home office expenses?
If a salaried employee meets the requirements prescribed by the law, they could qualify for a deduction of home office expenses.
FAQ: Can a taxpayer/pensioner choose to be excluded from the use of this tax rate?
Yes, the taxpayer/pensioner may choose not to use this tax rate. In this instance, you are required to inform your fund administrator in writing. Your
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
FAQ: Can I claim for installing desks and shelving as well as chairs etc. for the separate room I have converted into a home office?
Yes, you could qualify for a wear-and tear allowance on these items. Please consult Interpretation Note 47 “Wear-and-Tear or Depreciation Allowance” (Issue 5) for more
FAQ: Can I claim furniture, Wi-Fi expenses, and beverages when calculating my home office expenses?
Furniture and certain Wi-Fi equipment owned by the taxpayer may qualify for a wear-and-tear allowance. Consult Interpretation Note 47 “Wear-and-Tear or Depreciation Allowance” (Issue 5)
FAQ: Can you get solar rebates for Work-From-Home (WFH) if your personal property is running on Solar and part of your property is dedicated to work from home?
If your property is running on your own installed solar power, then you will not have incurred any expenditure and no deduction is permitted.
FAQ: Do I have a choice regarding the use of this new tax rate?
Yes, you have a choice. You can inform your fund administrator to opt out, by so doing, you will be taxed at the nominal tax
FAQ: Do I qualify for this tax deduction if I have renovated a room in my home for the sole purpose of my office space (can I claim for the renovation)?
This will depend on whether the renovation constitutes a repair or an improvement. Repairs may qualify for a deduction if all the requirements are met,
FAQ: Does the rebate apply to only new and unused solar PV panels?
Yes, it only applies to new and unused solar photovoltaic (PV) panels with a minimum generation capacity of 275 watt per panel (design output), installed
FAQ: During verification of home office expenses by SARS, one of the items requested is evidence that duties are performed mainly in the dedicated office space. What would be accepted as supporting evidence for this question?
Signed confirmation letter from the employer with their employer registration details, the employee’s details, information relating the duties that the employee will perform, the date
FAQ: For which period can Provisional Taxpayers claim the Solar Energy Tax Credit?
Provisional Taxpayers can claim the Solar Energy Tax Credit only in the February 2024 tax period.
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
FAQ: How does a pensioner confirm that they are not or are no longer on the fixed tax rate list calculated under the new legislation namely, Para2(2B) of the 4th Schedule?
The fund will have the latest list of impacted taxpayers each year. You must contact the pension administrator to confirm if you have been included
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
FAQ: How will the rebate work?
If you are employed, the rebate must be included in your Income Tax return for the year ending 28 February 2024. If you pay Provisional
FAQ: How will the use of one’s home office for 1 or 2 years impact the CGT calculation on disposal of that property?
When a part of your home is used as a home office, that part is considered to “taint” the primary residence exclusion for CGT purposes.
FAQ: How would SARS determine a more accurate monthly PAYE deduction?
SARS will use the latest data available on our records to calculate the most accurate tax rate. Should your circumstance change during the tax year,
FAQ: I decided to turn the garage which was filled with clutter into an office, I renovated the space (paint, ceiling installation with lights, window, office chair and desk etc.). I own outright and do not pay bond or rent, and also do not have records of floor plans. Am I eligible to make a claim?
You will need to obtain accurate dimensions for the converted garage and rest of the buildings, perhaps from the local council. It is not a
FAQ: I don’t see my IRP5 on my return?
If you have requested your IRP5 or IT3(a) certificate from your employer / ex-employer and the employer has failed to provide such, you can book
FAQ: I have a full time domestic helper who cleans my home office space daily and I pay her cash at the end of the month. What proof would you require in this instance?
Proof of payment must be retained. The domestic worker should sign an acknowledgement of receipt of the monthly payment. As an employer, you would be
FAQ: I have a room that I use for my home office but there is a wall of cupboards that is used for linen storage can I still claim for the home office but exclude the square meters of the cupboards?
Excluding the space for the cupboards will ensure that only expenses relating directly to the home office are claimed.
FAQ: I have a small house and due to the limited space, I use some of the area for working. Am I eligible to claim home office expenses?
The home office must be exclusively used for purposes of the trade. If you don’t have a separate room set aside for you home office,
FAQ: I have always worked from home but never claimed a home office expense deduction. I now know that I could qualify. What deduction can I claim in the current year of assessment for equipment that I purchased in earlier years of assessment?
You may qualify for a wear-and-tear allowance on the asset. It will depend on the useful life of the asset. Please consult Interpretation Note 47
FAQ: I have incurred interest on my mortgage bond, in respect of my home. I use a part of my home as my home office, and meet all of the requirements to claim a home office deduction. Can I claim the mortgage interest?
It has been Revenue practice to allow mortgage interest in the calculation of a claim for home office expenditure. Therefore, for the period ending on
FAQ: I’ve been working from home since start of lockdown in 2020. I make use of my existing space in the house to work from. No special room, I didn’t buy any chair or desk. Am I eligible to claim?
No you will not be eligible, as it does not appear that the part of your home used for trade is exclusively used for trade,
FAQ: If I have solar power during the day, how can I include this in my home office claim because I don’t have receipts for that power?
If no expense has been incurred, no deduction is permitted. Please consult IN 28, paragraph 4.6.2 (b) “Electricity generation” for more detail on installation costs.
FAQ: If I have to pay for a dedicated Wi-Fi / internet link for my home office, would this be claimable?
Wi-Fi equipment that is owned by a taxpayer may qualify for a wear-and-tear allowance. Other Wi-Fi expenditure, for example monthly subscriptions and certain installation charges,
FAQ: If I only use a portion of my bedroom for your home office, am I eligible to claim for a home office?
The home office must be exclusively used for purposes of the trade. A taxpayer will find it very difficult to prove that a portion of
FAQ: If the employer provides data to employees for work purposes, could this qualify for the no-value fringe benefit under paragraph 10(2)(bA) of the Seventh Schedule to the Act?
Yes, if the data is used mainly for purposes of the employer’s business, the employee could qualify for a no-value benefit.
FAQ: In which period must the solar panels be purchased to qualify for the tax incentive?
You should have bought and used the panels for the first time on or after 1 March 2023 and before 1 March 2024.
FAQ: To claim home office expenses what documents will be required in order for me to submit my Income Tax return accurately?
The following documents should be included: Letter from employer permitting remote work – including the period that remote work was allowed and where available dates
FAQ: What do I need to keep as proof for electricity, if am using Prepaid electricity for my home office expense claim?
The prepaid vouchers will be acceptable.
FAQ: What documents do I need to claim a rebate?
Taxpayers will need a VAT invoice showing the cost of the solar panels separately from other items, along with proof of payment. The installation will
FAQ: What does SARS count as a business day?
Any day that is not a Saturday, Sunday or public holiday. For the purposes of determining the days or a period allowed for complying with
FAQ: What happens if I enter an amount of more than R15 000 on the IRP6?
Taxpayers are limited to a rebate of not more than R15 000 in total. The system will give you a warning message stating that the
FAQ: What happens if I never had an office at home but now I work from home since COVID? Can I still claim home office expenses? Will these expenses be considered?
You will not be eligible to claim home office expenses unless the relevant part of the home is regularly and exclusively used for the purposes
FAQ: What if I still owe SARS a substantial amount after this legislation, Para2(2B) of the 4th Schedule has been applied on my Pension or Annuity?
The debt must be paid by the stipulated due date. Should you be aware of other sources of income that you have not told SARS
FAQ: What is the impact of this legislation to my monthly or annual tax obligation?
The application of this legislation ensures that the correct rate of tax is deducted from your PAYE to minimise the shortfall on assessment. Should you
