With the new efiling app, taxpayers are able to complete and submit their annual income tax returns quickly and easily on their smartphones, tablets or ipads and receive their assessment. The south african revenue service sars thanks you for submitting the revised income tax return for the 2018 tax period. Travel elog book sars logbook used to claim a deduction on. How to cruise through a travel audit efficiently taxtim blog sa. I forgot my login name i have forgotten my login name but remember my password and want to have my login name sent to me. You will find the cost tables which apply to the tax year from 1 march 2018 to 28 february 2019 on the next page. The 18 biggest mistakes you can make on your tax return this year. With the matrix tax logbook, you can enjoy the following features. Employees may also be entitled to claim a reduction on the fringe benefit in respect of business mileage travelled in motor vehicles provided by an employer. If you are not automatically redirected, please click here.
Whether youre selfemployed, a business owner or a corporate employee, tracking your travel and fuel expenses is crucial for business and tax purposes. Free excel logbook for sars download at the bottom of the page. It is now compulsory to keep a logbook of all your travel in which you record what travel was for business and what travel was for private purposes if you want to claim a. After the data has been uploaded to the gps log book server, via a user friendly online interface, then sars compliant log books can be created. Travel log book sars july 10, 2012 efiling, log book, logbook, sars, tax, travel log. If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes. Work out how big your tax refund will be when you submit your return to sars.
Tax season deadlines the deadline for nonprovisional taxpayers was brought forward to allow more time for finalising audits before the year ends. How to use sars efiling to file income tax returns if you are younger than 65 years old, you only need to pay tax if your income is more than r78 150 per year. The comments received are being considered and a final notice will be issued by no later than 04 june. Sars is also encouraging the use of efiling to alleviate the pressure on its. For the rest tax break hopes to assist in making tax year 2020 better. The gps log book device plugs into the cigarette lighter in your car and automatically records all vehicle mileage. Travel elog book sars logbook used to claim a deduction on personaltax. Use it as a source of information when compiling your income tax return itr12. Take your completed travel logbook together with all other supporting documents with.
Channel deadline type of taxpayer manual post or at sars branch 21 september 2018 nonprovisional and provisional efiling or electronic filing at sars branch 31 october 2018 nonprovisional. Reimbursive travel allowance taxable code 3702 and 3722. Client then objects, and transfers the r1m back to sars. Tax practitioners, whose primary filing channel is efiling, are using branches to file taxpayers returns. On september 18, 2012 fincen held an information webinar regarding the new fincen sar. Code 3703 is not deemed to be remuneration and will not be assessed by sars.
It is compulsory to keep a logbook for south african revenue services to submit a claim for your vehicle expenses on year end. Jun 28, 2018 the biggest change for the 2018 tax season has been the shortening of the filing period by three weeks. Jul 10, 2012 travel log book sars july 10, 2012 efiling, log book, logbook, sars, tax, travel log alot of you are probably trying to sort out your log book into the correct format for submitting your 2012 sars returns. In making the announcement, acting sars commissioner mark kingon christened the 2018 campaign theme no sweat, stating that sars has made the path to compliance easypeasy.
During 2016, a total of 2 000 returns were submitted by tax practitioners at sars branches, while in the 2017 tax season, 120 000 were. So, what are the official dates for the 2017 tax season. Wjw accounting introduction to a serious of articles relevant to the current tax filing season to assist taxpayers during 2018. May 16, 2019 travel elog book sars logbook used to claim a deduction on personaltax. I want to change my banking details i want to download the travel elogbook i need to. Free travel logbook online electronic tax logbook dryk. How do taxpayers feel about the proposed new filing deadline. If you are looking to create an excel logbook for sars and you want it to include the dates for working days only, you can easily create it in excel using the workday function. How do taxpayers feel about the proposed new filing. This assists in the log book submission of an annual tax return.
Only go online to submit returns, reconciliations and tax certificates, or manage agent appointments aa88. In many cases, sars does require a bit more information from you and these would need to be sent to them either to the email address supplied in the direct. Jun 11, 2019 the 2019 filing season for the submission personal income tax returns through efiling will commence on 1 july 2019. This gps logbook is webbased so you access your trip data anytime, anywhere, provided you have an internet connection. Changes to travel reimbursements from 1 march 2018 rsm. The income tax act 58 of 1962 gives taxpayers who receive a travel allowance the right to claim this deduction if they use their private vehicles for. Travel log book 2018 download here travel log book 2017 download here travel log book 2016 download here. The 2019 filing season for the submission of personal income tax returns through efiling. In our previous article, tax season 2018, we outlined some need to know information about tax deadlines and when to file a tax return. I submitted all my documents to sars theyve asked again.
In keeping with sars 2018 theme, we have put together 5 easy steps to make filing your 2018 tax return as simple and painless as it needs to be. Your last chance to make the most of the 2018 tax season. Firstly, record your motor vehicles odometer reading on 1 march, i. Public comment period on the draft notice closed on 23 may 2018. Best bet most relevant search result site page pdf document. Aug 01, 20 this logbook enables you to claim a deduction from income tax for business travel.
Sars disallows objection because client took longer than 30 days to lodge objection. The south african revenue service reserves the right to audit and query the content or information recorded by the taxpayer in any logbook. The income tax act 58 of 1962 gives taxpayers who receive a travel allowance the right to claim this deduction if they use their private vehicles for business purposes, but travelling between home and work is not included. Claiming car expenses in 2019 the right way fitzpatrick group. Tax planning log book sars have now made it compulsory to have a detailed car log book. Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place. Travel log book 2019 download here ctf provides you with a workable sample here car log book. Suspicious activity reports sars as of april 1, 20, financial institutions must use the new fincen reports, which are available only electronically through the bsa e filing system. The closing dates sars deadlines for tax season are as follows. May 28, 2018 the proposed deadline of 31 october is based on the draft notice that was published on 9 may 2018. The corresponding presentation material is available for viewing on fincens website. Even though the hand written logbook is still compliant to the requirements of sars, it is definitely a very time consuming affair.
It allows you to keep track of business and private trips. The biggest change for the 2018 tax season has been the shortening of the filing period by three weeks. Kindly note that your logbook must be in a sars approved format, you. Jan 14, 2019 tax season deadlines the deadline for nonprovisional taxpayers was brought forward to allow more time for finalising audits before the year ends. The rules, these terms and conditions, and the notices, hyperlinked in these terms and conditions, constitute the entire agreement between sars and the user and supersedes all prior or implied agreements, whether oral or in writing, relating to the subject matter hereof. Travel elog book sars logbook used to claim a deduction. Live life simply by using the sars tax logbook for automated travel, fuel and maintenance reporting. Sars responds by saying a letter is not an acceptable means of communication and that client must lodge objection. Despite the loathing many taxpayers have for sars, many of them look forward to this time of year as they often get a little back from the fiscus. If sars still requires for documents from you, they will either send you an email directly with a specific request or send a letter via efiling with the additional information required. The payroll practitioner must again be notified to rectify the problem in. Tax season 2018 has arrived and has been in full swing since the 1st july 2018. The rates in the table on this page relate only to the 201718 tax year, i. Business travellers urged to keep accurate logbooks.
This is why matrix offers all mx3 customers access to the best, stateoftheart automated sars tax logbook. View all your trips made within a selected timeframe. Always keep your sars travel logbook safe and secure. Jun, 2019 the 2019 filing season for the submission of personal income tax returns through efiling. The everincreasing sars footprint now extends to 53 branches nationwide, 21. You can calculate your claim based on the table of costs supplied you are now ready to calculate the amount of your claim. The 2019 filing season for the submission personal income tax returns through efiling will commence on 1 july 2019. I have received an additional assessment from sars what.
To the extent that no logbook was kept, the travel amount will be subject tax, in full. Sars travel logbook total opening kilometres at the beginning of the year of assessment closing kilometres at the end of the year of assessment daily business travel records primary information to be furnished by a taxpayer as required by sars date. The revised information still does not match the information in the possession of the sars andor the income tax return has been identified for verification in terms of the tax administration act. The sars efiling app is an innovation from the south african revenue service sars that will appeal to the new generation of mobile taxpayers. In past years sars allowed taxpayers other than provisional taxpayers from july 1 to the. Jun 23, 2018 hi cyberbob i would suggest to go on efiling and take a screenshot of your 2018 tax return filing page the one where you upload supporting documents, and also download your latest statement of. Sars efiling is a free, online process for the submission of returns and declarations and other related services.
You may make use of the sars elogbook, simply download the. If you use your own car to travel for business, you need to keep a sars logbook to record how far you drive for business purposes. In preparation for the filing of the income tax return it is recommended that those taxpayers who receive a travel allowance make sure that their 2019 logbook meets all of the requirements laid out by the south african revenue service sars. Alot of you are probably trying to sort out your log book into the correct format for submitting your 2012 sars returns.
This free service allows taxpayers, tax practitioners and businesses to register free of charge and submit returns and declarations, make payments and perform a number of other interactions with sars in a secure online environment. The e filing service is still available for users to submit filings, carry out public searches and request office copies. Collect your free travel logbook for sars here it is compulsory to keep a logbook for south african revenue services to submit a claim for your vehicle expenses on year end. Ctf is an established company that is geared to provide individuals and businesses of all sizes with a comprehensive and professional financial management service at an affordable rate find out more. The proposed deadline of 31 october is based on the draft notice that was published on 9 may 2018. Using this function means you that you wont need to enter every date and it can even take into account. Top tips for sars efiling fenns incorporated chartered. Remember that your income is the money you earn either at your job or from other activities like renting out a room in your home or working after hours, as well as any interest youve.
Without a logbook, you will not be able to claim a travel deduction. Completed logbook other reports to confirm rental or trade income or expenses claimed after submission of the itr12 to sars an it34 assessment will be issued, which will indicate whether an amount of tax is payable to sars or a refund is due to the taxpayer. Pretoria, saturday july 2019 the south african revenue service sars is pleased to announce that there has been an increase of five percent in the uptake of efiling in the first two weeks of tax season 2019. Calculate your claim based on the cost scale table which sars supplies youll find this table in the introduction section to the travel elogbook. This logbook enables you to claim a deduction from income tax for business travel. Hi cyberbob i would suggest to go on efiling and take a screenshot of your 2018 tax return filing page the one where you upload supporting documents, and also download your latest statement of.