Mina sis'wami, I just want to declare that i got to know about Tax, efiling and tax refunds through your channel. Before that I have never claimed. So, in these short words, mine is to thank you for this important information. As Rick Rick once said: STAY SHINNING.
@@nokuhlekumalo Hi, Please correct me if i'm wrong: as of this current period July 2024, tax season is open for us to submit returns for the previous period of FY 2024 which began in March 2023?
I have been desperate to learn how this system works for months! Couldn't find the right video even on SARS YT page wo I gave up. Ma'am, in these few minutes you've given me so much info that I've been desperate for! Thank you and God bless you🙏🏿
Please correct me if i'm wrong: as of this current period July 2024, tax season is open for us to submit returns for the previous period of FY 2024 which began in March 2023?
Such a coincidence cuz we are doing Individuals and currently preparing for a Test....such a great revision on my side...thank for the informative videos.
More reason for us to vote next year! Very informative and insightful video - I was lowkey worried about my rebate but now I'm comfy - from one professional to another, thanks mate. 🙂
So happy to find you in RUclips. You taught a online seminar or something on finance etc when I was in UCT, I still have screenshots because you gave such good advice! I'm here for a long time! x
Ay uyshayile lento🙌🏾… I knew nothing about how this works but, you’ve made it so clear and simple for me moving forward now, and I can attest cause I’ve only refunded twice in my life, when I landed the first job and when I changed to a new job👏🏾👏🏾👏🏾 sbonge koKumalo.
Thanks for these calculations. I came up owing them and I read somewhere that this is potentially due to my job change which of course changes income. I still do not fully understand in my case but this actually gives framework through which I can do my own calculations to better understand.
Thank you very much madam for breaking this down so well of us, even though it`s a crazy system but now I can see how they make us broke....keep up this good work.
Argh. You healed my sore heart. I was so upset why I didn’t get anything for the last two years unlike the first year when I started working. You are so well spoken and easy to understand. Thank you so much.
I got an sms saying I need to provide SARS with my correct banking details. at first, I was scared thinking I owed them but I will submit and wait on them. thank you so much.
Thank you for this Nokuhle, I was auto-assessed last year and received close to R5k and this year I received less than a thousand rand. What could have been the reason for that because my salary has been the same for the year 2022 & 2023.
This rebate deduction capped to zero had me queuing at the SARS offices for four hours. I am still so bitter that I don't get paid. I missed this in all the research I was doing. Thanks.
Thank you for the content. I was supposed to get x amount from SARS returns but there was a confusing part which I still do not understand. There was a rebate deduction which nearly depleted the refund that was due to me. It makes more sense after I have watched your Video.
Yes,it is informative thank you bt i really don't understand the way SARS sometimes tax is different compared to previous year incase the salary does not increase that much bt the problem is that the tax is too much...that i really don't understand if you can clearify that for me please😱🤔
Wow, this is a wow! Just came across your channel now. I've been wanting to learn about tax and everything tax related for months now. You've just simplified it for all of us. You are right in saying it still gets a bit confusing even for pros and experts. Thank you for sharing this valuable content. I just had to subscribe ❤🎉😊
I just received a email and message from SARS confirming that I need to give them my correct bank details so they can send my tax refund, I saw a negative balance and got scared wondering how do I owe SARS. Thank you for explaining 💯
Don't reply directly and send your details to that email or message Rather go to the sars website and update your details by adding the bank details there
Hi Ms. K you are one of my favorite people I like to watch, how about you also start a mentorship program for junior accounting professionals? Looking at your knowledge you could bring alot upto speed.
I got lost at the numbers but I think I get it. I haven't gotten a refund since I started at this company 6 years ago. Seems like I'm not gonna get one anytime soon. Thank you for the explanation.
Can you do a video about things that you can take up that may increase your likelihood of getting a refund e.g medical aid , contributing to your retirement fund , investment properties , i think also having a travel allowance also can be part if you meet certain number of kms per year.
Truly an amazing video, very informative and the visual demonstrations to it to the next level. Please create a video going through how to calculate home office expenses via the SARS website and perhaps a demonstration of how to not only calculate it but also how to complete a submission.
Nobuhle Khumalo it's a great pleasure to find someone like you who gives some guide on SARS compliance by paying tax. My question is, how am I go through sars paying taxe for a new or company never make money? Please help us on that as SARS has upgraded their website NL Dubazane
Great video, quick one. I have a refund due, submission was made 17th July already. I have no audit but money dololo. I can’t even call them as I’m not based in SA anymore. How can I follow up on this?
Thanks for the information. Can u be able to cover business tax if you can. Especially if the company is VAT registered. I'm really struggling a lot and it's frustrating.
I just bumped into this, I need your help. I had a side hustle in which I earned based on the hours I claimed, somehow SARS when they did their estimates they told me I had a short fall. How can they estimate how much they would have earned from me if I was not paid a fixed amount each month? Now I owe them a lot of money and they have started with AA88 notice and is killing me. They don’t even tell you when they do this. I saw on my payslip, even my employer didn’t tell me.
TNX 4 DA LESSONS PLS DO ADVISE OF HOW PAYE IS CALCULATED AND WHAT IT ACTUALLY MEANS AND IS IT NORMAL FOR IT TO FLUCTUATE EVERY MONTH SUMTYMS BE DIFFERENT EVEN WHEN THE GROSS IS THE SAME
You are helped me a lot thank you dear my problem is I changed my bank details on February these year but they still deposited the money in my old bank account. Where do I start or what must I do now.
Nomatter how this world spins😢Many people are still unemployed living below poverty line in a system that collects from anyone nomatter their financial status and it literally hurts.
Hi, why are we additionaly assessed when we request for correction after being auto assessed? Why is the refund reduced or taken back by SARS even thought no adjustments were made?
Thank you for the information, I just want to find out how does one submit the invoices because I was building and I have spent close to 500 thousands on material I heard people say I should get refund by SARS
So what if between March - Feb you got an annual Increase maybe in June. Are you supposed to have 2 calculations as if you've changed jobs or you calculate it as one?
Hi . Thanks for the information I have been working for 8 years now and all the years I get refunds, I asked someone and they said it's because most of the times I work overtime and the fact that I have made investments how true is this?
I've been on retirement for the past 11 years.GEPF. And I got refund for the past 3 years without submitting. I haven't received anything this year. Where do I get my IRP5 and how can I check if I owe or I'm to be refunded
Mina sis'wami, I just want to declare that i got to know about Tax, efiling and tax refunds through your channel. Before that I have never claimed. So, in these short words, mine is to thank you for this important information. As Rick Rick once said: STAY SHINNING.
🥹🥹🥹🤟🏾🙏🏾 “I do this for you - stay shining”. Thank you so much Ontiretse, I really appreciate your comment. Glad I could shine some light 💡.
@@nokuhlekumalo Bangene Sbaliwami bheje esengome Teach me now I will pay more cow's 😀
I enjoyed listening to the information but i am not sure if i understand how pensioners are taxed.
@@nokuhlekumalo Hi, Please correct me if i'm wrong: as of this current period July 2024, tax season is open for us to submit returns for the previous period of FY 2024 which began in March 2023?
Hi
True
2023 March to 2024 February
Frame time for Efilling july to November 2024
" Negative is a refund" Thank you so much my sister for being the adult I needed in my adult life!
Yes, and if it is not a negative balance, then it means you own SARS money.
@@ulf-dieterkoepp7865 'Own' ? what do you mean?
Own someone money - don't you understand this?@@rbee2062
@@rbee2062I think OWE
We need more RUclips channels like this... This is what you call a useful channel ✅🔥🔥
I have been desperate to learn how this system works for months! Couldn't find the right video even on SARS YT page wo I gave up. Ma'am, in these few minutes you've given me so much info that I've been desperate for! Thank you and God bless you🙏🏿
Tax season... perfect time to watching this video. ❤
💯 I also just saw the video today on my feed ❤
kunjalo.
Please correct me if i'm wrong: as of this current period July 2024, tax season is open for us to submit returns for the previous period of FY 2024 which began in March 2023?
@@Msigola99 you are correct
Thank you for this profound information. Every South African needed it so much.
How to claim your tax refund??
Such a coincidence cuz we are doing Individuals and currently preparing for a Test....such a great revision on my side...thank for the informative videos.
Hahahah 😂 goodluck Mawande 🤟🏾 hope this helped!
You do this so well 👏 and educating us on such important things. Thank you so much 🙏
🥹 thank you so much Zizo. I appreciate this comment a lot.
More reason for us to vote next year! Very informative and insightful video - I was lowkey worried about my rebate but now I'm comfy - from one professional to another, thanks mate. 🙂
Love the energy. Excellent delivery. Subscribed.
Much appreciated 🫱🏽🫲🏾😌
Meaningful content. Please do not lose courage to continue with this channel.
This was so informative Nokuhle and you simplified it so well. Thank you.
Thank you for watching and commenting Okuhle 🌸 glad I could simplify it.
So happy to find you in RUclips. You taught a online seminar or something on finance etc when I was in UCT, I still have screenshots because you gave such good advice! I'm here for a long time! x
This has helped me understand how the whole tax thing works. Appreciate this.
You’ve earned yourself a subscriber today. Love your work so educational ❤
This was extremely helpful! Thanks!🙏🏾
I've always wondered who was classified as a provisional tax payer. This video is so informative. Thank you and keep up the good work.
Ay uyshayile lento🙌🏾… I knew nothing about how this works but, you’ve made it so clear and simple for me moving forward now, and I can attest cause I’ve only refunded twice in my life, when I landed the first job and when I changed to a new job👏🏾👏🏾👏🏾 sbonge koKumalo.
Thanks Sis very informative inspiring powerful stuff thanks. To empower myself about Tax returns and refund thanks once more.
I just wish you were my Maths teacher back in High School
love the video
Dawg, she's so easy to follow.
Made it very simple Subscribed
Sisi wami you were born for this ! I hope you realise how blessed you are ❤
Hi Nokuhle, thanks for this. I’ve never watched a simplified video as I did here. You’d make a great teacher 🫶
Best 18 minutes of my day so far. Siyabonga si eyi eseyi
Thanks for these calculations. I came up owing them and I read somewhere that this is potentially due to my job change which of course changes income. I still do not fully understand in my case but this actually gives framework through which I can do my own calculations to better understand.
Glad I could sort of help ☺️🙏🏾. Hopefully you’ll have slightly better luck in trying to recalculate it.
Thank you very much madam for breaking this down so well of us, even though it`s a crazy system but now I can see how they make us broke....keep up this good work.
Argh. You healed my sore heart. I was so upset why I didn’t get anything for the last two years unlike the first year when I started working. You are so well spoken and easy to understand. Thank you so much.
thank you for educating us Sisi🥰
You are such a great teacher. This is the best explanation ive ever seen
I got an sms saying I need to provide SARS with my correct banking details. at first, I was scared thinking I owed them but I will submit and wait on them. thank you so much.
Medical Aid also help. My refund was mostly from Medical aid contribution
Yes 🙌🏾! Absolutely.
How did your medical Aid help you. I never got any money. Please help
@@khalishiankosi2756 i was using discovery medical aid. I don’t know how they calculate
Thank you for this Nokuhle, I was auto-assessed last year and received close to R5k and this year I received less than a thousand rand. What could have been the reason for that because my salary has been the same for the year 2022 & 2023.
Thank you sisi, I won’t be getting anything this year😢 but I really appreciate the information ❤❤️
🥹💔 you and I both shame. But it’s okay 😂🙏🏾 I had my refund days.
Me too. That time I had already planned for it because I'm used to getting it😂😭.
Very informative!!Thank you 👍👌
This rebate deduction capped to zero had me queuing at the SARS offices for four hours. I am still so bitter that I don't get paid. I missed this in all the research I was doing. Thanks.
"...up to you to water it..."you just got yourself a new follower... love your disclaimer
Thank you Nokuhle... this was very informative and helpful
Thank u so much sisi, I finally understand wow and u made this so easy ❤❤❤
Thank you so much for this video , so informative and well explained ❤
You made this so easy to understand 💐💐
😉💃🏾🤟🏾 that means my job here is done! Thank you Tjitjila 🙏🏾 much appreciated.
Thank you for the content.
I was supposed to get x amount from SARS returns but there was a confusing part which I still do not understand. There was a rebate deduction which nearly depleted the refund that was due to me. It makes more sense after I have watched your Video.
Yes,it is informative thank you bt i really don't understand the way SARS sometimes tax is different compared to previous year incase the salary does not increase that much bt the problem is that the tax is too much...that i really don't understand if you can clearify that for me please😱🤔
Wow, this is a wow! Just came across your channel now. I've been wanting to learn about tax and everything tax related for months now. You've just simplified it for all of us. You are right in saying it still gets a bit confusing even for pros and experts. Thank you for sharing this valuable content. I just had to subscribe ❤🎉😊
I just received a email and message from SARS confirming that I need to give them my correct bank details so they can send my tax refund, I saw a negative balance and got scared wondering how do I owe SARS. Thank you for explaining 💯
Don't reply directly and send your details to that email or message
Rather go to the sars website and update your details by adding the bank details there
@@bensenzo S/O thanks man don't worry I went to a SARS branch to submit them by myself and got the pay out within 48 hours.
Nokuhle, thank you for all your videos. You have helped us a lot. Keep it up❤
This was extremely helpful. Thank you. I was mad why I was only getting R29 this year but now I know it just means that SARS estimated accurately
Thank you for this,really needed this.
Glad I could help Paby 🤟🏾! Thanks for watching.
Hi Ms. K you are one of my favorite people I like to watch, how about you also start a mentorship program for junior accounting professionals? Looking at your knowledge you could bring alot upto speed.
Excellent!!!!
Enjoyed watching....
This is so helpful, you explained this so well! thank you
You are a life saver. I came across your channel now. I am subscribring
Thanx so much Lala u a help to all struggling with understanding Sars.
Brooo I’m a second year accounting student and we doing individuals in Taxation. Exactly what you just explained😄🔥
😂😂🤟🏾🤟🏾 nice one Reitumetse! Now you owe us a distinction 🤭😂😉.
I got lost at the numbers but I think I get it. I haven't gotten a refund since I started at this company 6 years ago. Seems like I'm not gonna get one anytime soon.
Thank you for the explanation.
Beautiful content liked and subscribed❤
Thank you for this info
U got yourself a subscriber today
thank you soo much for this video👍👍it is really helpful
Thank you for watching 🙏🏾
totally subscribing! This is useful- thank you.
Keep doing what you doing, it helps 😊
Verry well explained. Thank you my sister.
Thank you for the breakdown very informative.
Thanks so much for your help and support.
Great and informative content! Thank you
Can you do a video about things that you can take up that may increase your likelihood of getting a refund e.g medical aid , contributing to your retirement fund , investment properties , i think also having a travel allowance also can be part if you meet certain number of kms per year.
Thank you sisi, this is easy to follow. thank you
Just subscribed, you have explained everything i didn't understand.
Thank you❤
I stumbled on this channel. MaMntungwa you are very good, well done.
Sars is killing us 😢
Thank you so much for information ❤
Thanks for the info my sister👏
thank you vey much sister , please can you do a video of Provisional tax we as content creators on youtube we need to know
I wish you could explain for commission earners
Truly an amazing video, very informative and the visual demonstrations to it to the next level.
Please create a video going through how to calculate home office expenses via the SARS website and perhaps a demonstration of how to not only calculate it but also how to complete a submission.
Thank you my sister for the info now i understand
Nobuhle Khumalo it's a great pleasure to find someone like you who gives some guide on SARS compliance by paying tax. My question is, how am I go through sars paying taxe for a new or company never make money? Please help us on that as SARS has upgraded their website
NL Dubazane
Very informative. Thank you.
Great video, quick one. I have a refund due, submission was made 17th July already. I have no audit but money dololo. I can’t even call them as I’m not based in SA anymore. How can I follow up on this?
Thanks for the information. Can u be able to cover business tax if you can. Especially if the company is VAT registered. I'm really struggling a lot and it's frustrating.
Please, I would like this too.
Hello, can you do a video which includes someone that has a vehicle allowance fixed at say 5k. Plus a km rate of say R1 per km.
Very helpful. Thank you!
Thank you for explaining Sars terms in layman's terms.
Would this also apply when you receive an increase?
I just bumped into this, I need your help. I had a side hustle in which I earned based on the hours I claimed, somehow SARS when they did their estimates they told me I had a short fall. How can they estimate how much they would have earned from me if I was not paid a fixed amount each month? Now I owe them a lot of money and they have started with AA88 notice and is killing me. They don’t even tell you when they do this. I saw on my payslip, even my employer didn’t tell me.
Wow!!! finally I know this... Mntungwa!
TNX 4 DA LESSONS PLS DO ADVISE OF HOW PAYE IS CALCULATED AND WHAT IT ACTUALLY MEANS AND IS IT NORMAL FOR IT TO FLUCTUATE EVERY MONTH SUMTYMS BE DIFFERENT EVEN WHEN THE GROSS IS THE SAME
You are helped me a lot thank you dear my problem is I changed my bank details on February these year but they still deposited the money in my old bank account. Where do I start or what must I do now.
that morning .... some of us received the garnish .. lol!
Nomatter how this world spins😢Many people are still unemployed living below poverty line in a system that collects from anyone nomatter their financial status and it literally hurts.
Financial year starts 01 April current year, ends 31 March the following year and thank you so much for the information.
Hi, why are we additionaly assessed when we request for correction after being auto assessed?
Why is the refund reduced or taken back by SARS even thought no adjustments were made?
Thank you mntanami, can you explain how the retirement anuity affects my tax. I heard if i have an RA, my tax refund increases.
Please do Car allownace
I'm currently owing Sars. The employer surely didn't deduct the right tax.
I trying to change my certain details on efilling but I fail to 😢
Thank you for the information, I just want to find out how does one submit the invoices because I was building and I have spent close to 500 thousands on material I heard people say I should get refund by SARS
So what if between March - Feb you got an annual Increase maybe in June. Are you supposed to have 2 calculations as if you've changed jobs or you calculate it as one?
I normally do efiling. But If been auto assessed.What I want to know why is my medical expenses not pay by the medical not refunded
very informative, thank you!
Hi . Thanks for the information I have been working for 8 years now and all the years I get refunds, I asked someone and they said it's because most of the times I work overtime and the fact that I have made investments how true is this?
My ITSA balance shows -8772 for example however my refund status says no refund due
I have the same issue 😭😭
Mine too I don't understand anymore
Hi Nokuhle, what is the case with tax payments when a person resigned in RSA to go work overseas in a country?
I've been on retirement for the past 11 years.GEPF. And I got refund for the past 3 years without submitting. I haven't received anything this year. Where do I get my IRP5 and how can I check if I owe or I'm to be refunded
Hi My Sister, is it good to put a policy number for Provident fund on SARS when you are filing the returns?