SARS Income Tax Auto Assessment 2023 - What You Need To Know!

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SA Accounting Network

SA Accounting Network

Күн бұрын

Пікірлер: 48
@4x4ViewFinder
@4x4ViewFinder Жыл бұрын
Thanx Heinrich. Will be in touch about our Tax returns. Great video explaining the changes.
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
Very welcome
@joshuagxekwa
@joshuagxekwa Жыл бұрын
You are the best in the businesses 🙌
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
Thank you 🙏
@coeniejvr
@coeniejvr Жыл бұрын
i got 3 questions. 1. I was unemployed for about 5 months as i was studying, now my mom helped me paid my debt and paid money into my account, let's use a example of R3000 every month. So if the bank send data to sars they will see that as a income, meanwhile that was money my mom borrowed to me untill i can pay her back. Will i need to declare that on the itr12 and where do i declare that? or do i just leave it out until they ask questions. 2. Sorry but my last tax practitioner i had charged me R2000 to do the job, yet to find out he accepted the auto assessment and did not declare half my stuff i gave to him. So basically the question is when you as a tax practitioner file the tax, do you login with your own login details or not to access and submit my tax return? Now my Tax practitioner i had used my login details everytime and i feel that it's wrong as when there's a problems sars comes back to me and not the Tax practitioner that filed the tax return. 3. Business side, who does your business financials for your business, is it the accountant or the auditor? Thanks
@siyandaselluleko9417
@siyandaselluleko9417 Жыл бұрын
Your 1st question is very important.
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/hKuTpmuBppKonbc
@oupaappies932
@oupaappies932 Жыл бұрын
Thanks for the video there is a question on VDP & when your response is No it doesn't accept on return questionnaire & how one has to respond
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/hKuTpmuBppKonbc
@keatonopc
@keatonopc Жыл бұрын
Great video, thank you !
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
Glad you liked it!
@ziphosamuel2441
@ziphosamuel2441 Жыл бұрын
Hi. I just got the auto assessment. I would like to know what does it mean to have payable tax that is equal to your rebate, resulting to assement summary of zero rands? I anticipated that the refund has been processed already so we no longer owe each other with SARS. So I should expect the rebate in 72 h maximum. Please balance me Incase am missing something
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
I think you are on the right trahc, if its says zero then its a good sign that you dont owe them money
@CoachJurieW
@CoachJurieW Жыл бұрын
thanks for sharing the finer details Heinrich
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
My pleasure!
@yolandagcanga5540
@yolandagcanga5540 Жыл бұрын
Thank you so much for these videos, they are very helpful.
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
My pleasure 🙏
@fezilehhhhhhhhhhhhhh
@fezilehhhhhhhhhhhhhh Жыл бұрын
@@SAAccountingNetwork afternoon, if I have income investment does that mean I won't be able to fill my tax??
@morneymostert4794
@morneymostert4794 Жыл бұрын
Ive been issued an auto assessment On efilling. Where and how can I claim the solar pannels on the forms on efillinf?
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
Only in next year's return, which will cover the period March 23 to Feb 24. The solar tax incentive is not applicable to the 2023 tax year.
@adrianbenjamin8914
@adrianbenjamin8914 Жыл бұрын
Great clarification and brack down. Im having the problem of uploading my years of unemployment. All the other information is filled and put in by my work but im not sure how i should continue. I am a sessional worked and always at the same work for the past 5 years. I have all my start and end off work dates but don't won't to fill in any information that in not sure on. Could you please help me with some advance.
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/hKuTpmuBppKonbc
@BukelwaDeliwe
@BukelwaDeliwe Жыл бұрын
Good morning day Henriek I did the ussd and it says Sars owes me then i made a booking last week already , haven't receive and massege what can i do
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/aHK1l2SLZ7t9adE
@elriconero9802
@elriconero9802 Жыл бұрын
Thx heinrich.i will call you in the future
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/hKuTpmuBppKonbc
@kimeshininaicker1334
@kimeshininaicker1334 Жыл бұрын
Thank you for this. Just a question. I have changed to a new RA which will only reflect in 2024 IRP5 form. Do I need to update this information next year or will it automatically populate for me?
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/hKuTpmuBppKonbc
@robinmountford5322
@robinmountford5322 Жыл бұрын
SARS is asking for a return from 2007 and I am sure at that time I had submitted on paper. How on earth do I submit a return when that data has long been discarded? They ask me to declare all info on the return is accurate and therefore I cannot submit since I don't know if the information is accurate.
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
Best is to make an appointment with SARS to file the returns, you will get a reference number to upload documents before the appointment, then go do an affidavit stating you only kept records for 5 years. The downside of this is that you are at the absolute mercy of SARS as they are the only ones who then has any records. maybe reach out to the guys at Tax Consulting SA, they normally do a free first consultation - it would be wise to get advice from them as well as they are tax lawyers - www.taxconsulting.co.za/
@robinmountford5322
@robinmountford5322 Жыл бұрын
@@SAAccountingNetwork Thank you.
@johannaetrishamorgan6850
@johannaetrishamorgan6850 Жыл бұрын
Thank you really appreciate so helpful 👌
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
Glad I could add value 🙏
@soundsofpeace6468
@soundsofpeace6468 Жыл бұрын
I've never ever checked with Sars, should I ? How and when ?
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/aHK1l2SLZ7t9adE
@Melharts
@Melharts Жыл бұрын
Are contractors calculated in the same
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/pXragJaYr7SqgLs
@natashasingh5056
@natashasingh5056 Жыл бұрын
Thank you
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
You're welcome
@sharmlanaidoo6708
@sharmlanaidoo6708 Жыл бұрын
Well SARS completed the auto assessments and paid the funds into my account before even sending any notice that I was selected for auto assessments. I cannot even access the assessment to check if it is correct. Not impressed.
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/hKuTpmuBppKonbc
@jasperbasson
@jasperbasson Жыл бұрын
🔥🙌
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
Dankie Jasper!
@ThamiNdlalane
@ThamiNdlalane Жыл бұрын
Thanks bro!
@nevillepietersen9690
@nevillepietersen9690 Жыл бұрын
Why can't sars tel me why do i ow then
@Nokuthula_fitness
@Nokuthula_fitness Жыл бұрын
I will wait here with you for an answer , because I would also like to know how do I awe them when they’ve been taxing me the whole year
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/aHK1l2SLZ7t9adE
@SAAccountingNetwork
@SAAccountingNetwork Жыл бұрын
kzbin.info/www/bejne/aHK1l2SLZ7t9adE
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