Sars has made a number of changes to the format of the tax returns this year.
Taxpayers have to enter more details about their medical aids and retirement funds.
There has been a number of technical issues relating to these updates.
The Money Show’s Bruce Whitfield interviewed TaxTim cofounder Marc Sevitz.
TaxTim provided a step-by-step guide on how to deal with these glitches.
Travel allowance codes left off IRP5s
Do you receive a travel allowance, or use an employer-provided vehicle?
Sars has left the relevant code off IRP5s in error.
If you’ve already submitted your tax return, you’ll have to do so again.
Medical data may be incorrectly pre-populated
Notice a difference between you Medical Tax Certificate and the medical data already on your tax return?
Click on the “Refresh Medical Data” (located next to the “Refresh IRP5 data”) button.
This pulls the latest information from your tax certificate into your tax return.
Changes relating to the Retirement Annuity section
Ensure you enter the number of retirement funds you have contributed to in the correct field.
Confirm that you captured the total contributions for the year correctly.
If you contributed to a single fund; the total would equal the amount you contributed to for that specific policy.
If you contributed to multiple funds; add up the contributions to each fund and enter the total amount in the correct field as indicated below.
For more detail; listen to the interview in the audio below.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Bruce Whitfield interviews Bongani Nqwababa, joint CEO of the world’s largest maker of motor fuel from coal.
The Money Show's Bruce Whitfield interviews Rain Director Michael Jordaan about his money beliefs and history.
Economist Tim Harford discusses his book “50 Things That Made the Modern Economy”.
Stock picks of the week, by Mergence Investment Managers Portfolio Manager Peter Takaendesa.
As a small business owner, nobody expects you to be perfect. Because you cannot see them, blind spots could be a real nuisance.
With the political climate as volatile and rife, the US might not be the best country to keep your overseas capital.
Clinical sexologist Dr Eve shares insights into sexual fetishes and how partners negotiate them in their bedroom and relationship.
A caller wanted to know what the alleged victim had done in order for Grace Mugabe to assault her.
Mayor of Cape Town speaks to CapeTalk's Kieno Kammies about plans to provide more water amidst the ongoing drought.
This reformed car hijacker was convicted for hijacking, robbery and murder and served almost 16 years jail time. Hear his story.
EWN's Gia Nicolaides says journalists walked out of the media briefing on social grants after waiting for hours for her to arrive.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.