WHY didn’t I get a tax REFUND from SARS? Who qualifies for a tax refund ? 😟 || Explainer Video 🤟🏾

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WHY didn’t I get a tax REFUND from SARS? Who qualifies for a tax refund ? 😟 || Explainer Video 🤟🏾

Рет қаралды 289,825

Күн бұрын

** click here for more info **
Hey everyone thanks for tuning in 😃!
Timestamps ⏰
01:25 How the South African Tax system works
04:12 Scenarios that may result in a #TaxRefund
05:47 Example of how tax is calculated for a refund (whiteboard)
16:39 Additional tools you could use to help you
#SARS #HowToFileYourTax #PersonalFinance
________________________________________
Available tools for you:
🔹 SARS website 🔗 www.sars.gov.za/individuals/
🔹 SARS KZfaq Channel 🔗 / @sarstax
🔹 My Tutorial of how to file taxes 🔗 • HOW TO SUBMIT YOUR SAR...
🔹Online calculator for estimated refund 🔗 www.taxtim.com/za/calculators...
🔹 Registered Tax Practitioners that could help you:
〰️ TaxTim 🔗 www.taxtim.com/za
〰️ Andre Bothma (via Twitter) 🔗 andrebothmatax?s=21
Goodluck ☺️. Remember the goal is to be COMPLIANT 🏆.
________________________________________
Subscriber count: 65 636 🤟🏾✨
________________________________________
Follow me on social media:
@nokuhle_kumalo ✨
Instagram 📸: / nokuhle_kumalo
Twitter 🐦: / nokuhle_kumalo
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Пікірлер: 305

@ontiretsephetlhu8784 Жыл бұрын

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 Жыл бұрын

🥹🥹🥹🤟🏾🙏🏾 “I do this for you - stay shining”. Thank you so much Ontiretse, I really appreciate your comment. Glad I could shine some light 💡.

@somkhandainyosi 11 ай бұрын

@@nokuhlekumalo Bangene Sbaliwami bheje esengome Teach me now I will pay more cow's 😀

@dorcasporogoporogo7717 Ай бұрын

I enjoyed listening to the information but i am not sure if i understand how pensioners are taxed.

@Msigola99 28 күн бұрын

@@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?

@sekedimaake8791 24 күн бұрын

Hi True 2023 March to 2024 February Frame time for Efilling july to November 2024

@reneilwemndawe7423 Ай бұрын

" Negative is a refund" Thank you so much my sister for being the adult I needed in my adult life!

@ulf-dieterkoepp7865 Ай бұрын

Yes, and if it is not a negative balance, then it means you own SARS money.

@rbee2062 Ай бұрын

@@ulf-dieterkoepp7865 'Own' ? what do you mean?

@ulf-dieterkoepp7865 Ай бұрын

Own someone money - don't you understand this?@@rbee2062

@mandisagqada6194 18 күн бұрын

@@rbee2062I think OWE

@Tshifaro_WarriorPrincess Ай бұрын

Tax season... perfect time to watching this video. ❤

@thabanggladson8217 Ай бұрын

💯 I also just saw the video today on my feed ❤

@MegaNdela Ай бұрын

kunjalo.

@Msigola99 28 күн бұрын

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?

@Tshifaro_WarriorPrincess 27 күн бұрын

@@Msigola99 you are correct

@Fx-rw9nk Ай бұрын

We need more KZfaq channels like this... This is what you call a useful channel ✅🔥🔥

@koketsomokone2975 Ай бұрын

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🙏🏿

@mmakopamakwela Ай бұрын

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.

@frankakirby6264 4 ай бұрын

So happy to find you in KZfaq. 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

@ZizoLusiki Жыл бұрын

You do this so well 👏 and educating us on such important things. Thank you so much 🙏

@nokuhlekumalo Жыл бұрын

🥹 thank you so much Zizo. I appreciate this comment a lot.

@seforatshabalala7798 Жыл бұрын

Thank you for this profound information. Every South African needed it so much.

@zenandegeorge8871 11 ай бұрын

How to claim your tax refund??

@katlegobungane6543 4 ай бұрын

Meaningful content. Please do not lose courage to continue with this channel.

@mawandeluthuli7939 Жыл бұрын

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.

@nokuhlekumalo Жыл бұрын

Hahahah 😂 goodluck Mawande 🤟🏾 hope this helped!

@thabs4428 Жыл бұрын

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.

@nokuhlekumalo Жыл бұрын

Glad I could sort of help ☺️🙏🏾. Hopefully you’ll have slightly better luck in trying to recalculate it.

@InspiredBy_ 11 ай бұрын

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.

@nokuthulacumbula1502 20 күн бұрын

Financial year starts 01 April current year, ends 31 March the following year and thank you so much for the information.

@TheAO 11 ай бұрын

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. 🙂

@keagilempshe8875 Жыл бұрын

I just wish you were my Maths teacher back in High School love the video

@mphaecharmainemashifane8335 Жыл бұрын

Dawg, she's so easy to follow. Made it very simple Subscribed

@simphiweraymondmajola375 Жыл бұрын

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.

@okuhlemaya9935 Жыл бұрын

This was so informative Nokuhle and you simplified it so well. Thank you.

@nokuhlekumalo Жыл бұрын

Thank you for watching and commenting Okuhle 🌸 glad I could simplify it.

@fundilengcobo8511 Жыл бұрын

Hi Nokuhle, thanks for this. I’ve never watched a simplified video as I did here. You’d make a great teacher 🫶

@rorisangmatea7396 Жыл бұрын

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.

@jamesmarcus3280 Ай бұрын

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 ❤🎉😊

@Ndabazabantu770 11 ай бұрын

You’ve earned yourself a subscriber today. Love your work so educational ❤

@sibow 11 ай бұрын

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.

@masoabimatshediso6147 11 ай бұрын

Thanks Sis very informative inspiring powerful stuff thanks. To empower myself about Tax returns and refund thanks once more.

@teegurl8954 Ай бұрын

You are such a great teacher. This is the best explanation ive ever seen

@BridgetteMokwena01 Жыл бұрын

Medical Aid also help. My refund was mostly from Medical aid contribution

@nokuhlekumalo Жыл бұрын

Yes 🙌🏾! Absolutely.

@khalishiankosi2756 Ай бұрын

How did your medical Aid help you. I never got any money. Please help

@BridgetteMokwena01 Ай бұрын

@@khalishiankosi2756 i was using discovery medical aid. I don’t know how they calculate

@pinch_peter_tv Жыл бұрын

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.

@nomthandazonxumalo4523 Ай бұрын

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😱🤔

@lauraintshuma6718 Жыл бұрын

Thank you sisi, I won’t be getting anything this year😢 but I really appreciate the information ❤❤️

@nokuhlekumalo Жыл бұрын

🥹💔 you and I both shame. But it’s okay 😂🙏🏾 I had my refund days.

@noziphoshongwe9523 Жыл бұрын

Me too. That time I had already planned for it because I'm used to getting it😂😭.

@profkgd Жыл бұрын

This was extremely helpful! Thanks!🙏🏾

@siphosethu222 Жыл бұрын

Sisi wami you were born for this ! I hope you realise how blessed you are ❤

@mt4ds 11 ай бұрын

This has helped me understand how the whole tax thing works. Appreciate this.

@thandekandlovu7008 Жыл бұрын

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.

@vbaclasses3553 11 ай бұрын

Love the energy. Excellent delivery. Subscribed.

@nokuhlekumalo 11 ай бұрын

Much appreciated 🫱🏽‍🫲🏾😌

@frederickmkhombo4475 Ай бұрын

"...up to you to water it..."you just got yourself a new follower... love your disclaimer

@thabisomotingwe6054 Ай бұрын

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.

@your_highness2551 8 күн бұрын

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.

@Bongani_bobo Ай бұрын

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 💯

@bensenzo Ай бұрын

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

@Bongani_bobo 9 күн бұрын

@@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.

@tumelomakhalemele1050 11 ай бұрын

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.

@mpuoaneskosana5338 Ай бұрын

Excellent!!!! Enjoyed watching....

@sakhilendaba5594 Ай бұрын

Best 18 minutes of my day so far. Siyabonga si eyi eseyi

@Quartertosuccess Ай бұрын

Nokuhle, thank you for all your videos. You have helped us a lot. Keep it up❤

@wendynyaba7092 11 ай бұрын

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

@nombuyiselomthembu307 Ай бұрын

Beautiful content liked and subscribed❤

@LungaConstable 11 ай бұрын

Thank u so much sisi, I finally understand wow and u made this so easy ❤❤❤

@yvonnemodise8619 Ай бұрын

Just subscribed, you have explained everything i didn't understand. Thank you❤

@koketsoboshego8337 Ай бұрын

You are a life saver. I came across your channel now. I am subscribring

@phindilenkosi5816 11 ай бұрын

Very informative!!Thank you 👍👌

@AbigailJulies-n9x Ай бұрын

Thanx so much Lala u a help to all struggling with understanding Sars.

@TrueCrimeCapital 11 ай бұрын

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.

@tjitjilamokono7757 Жыл бұрын

You made this so easy to understand 💐💐

@nokuhlekumalo Жыл бұрын

😉💃🏾🤟🏾 that means my job here is done! Thank you Tjitjila 🙏🏾 much appreciated.

@playspot1 Ай бұрын

thank you vey much sister , please can you do a video of Provisional tax we as content creators on youtube we need to know

@khaltsharivist365 Ай бұрын

I stumbled on this channel. MaMntungwa you are very good, well done.

@official_chumisa 6 ай бұрын

Thank you so much for this video , so informative and well explained ❤

@sizwemkhize976 Ай бұрын

Thank you for the breakdown very informative.

@tlangelanimgiba8 11 ай бұрын

Thank you Nokuhle... this was very informative and helpful

@TheKatjie Ай бұрын

totally subscribing! This is useful- thank you.

@reitumetsereitu5702 Жыл бұрын

Brooo I’m a second year accounting student and we doing individuals in Taxation. Exactly what you just explained😄🔥

@nokuhlekumalo Жыл бұрын

😂😂🤟🏾🤟🏾 nice one Reitumetse! Now you owe us a distinction 🤭😂😉.

@antoinettempakane1765 Ай бұрын

Thanks so much for your help and support.

@Paby_Mody Жыл бұрын

Thank you for this,really needed this.

@nokuhlekumalo Жыл бұрын

Glad I could help Paby 🤟🏾! Thanks for watching.

@SharonMunyai 11 ай бұрын

This is so helpful, you explained this so well! thank you

@itumelengmonare6516 Жыл бұрын

thank you soo much for this video👍👍it is really helpful

@nokuhlekumalo Жыл бұрын

Thank you for watching 🙏🏾

@beee1146 Ай бұрын

Thank you for explaining Sars terms in layman's terms. Would this also apply when you receive an increase?

@user-km4hh7bu3x Ай бұрын

Thank you my sister for the info now i understand

@gospelinfluence Ай бұрын

Thank you sisi, this is easy to follow. thank you

@erpadministrator Жыл бұрын

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.

@ChooseU4ever Жыл бұрын

Please, I would like this too.

@kchigasa Ай бұрын

Great and informative content! Thank you

@balungilezulu9752 3 ай бұрын

Very helpful. Thank you!

@siyabulelamahlanyana7513 Ай бұрын

Keep doing what you doing, it helps 😊

@MBK437GP 11 ай бұрын

Thank you for this info

@onkengacu6199 11 ай бұрын

You make it sound so easy! I need more help though 🙆🏽‍♀️ Can’t even get through TO SARS . Tried marking an appointment, it’s 3 months down the line 😢 🤦🏽‍♀️🙆🏽‍♀️

@user-ce2lp9nt1c Ай бұрын

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

@tinashemukota1431 Ай бұрын

Verry well explained. Thank you my sister.

@makhubovero9176 Ай бұрын

U got yourself a subscriber today

@bonikoneti7123 Жыл бұрын

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?

@zakhelembhele7046 Ай бұрын

Wow!!! finally I know this... Mntungwa!

@LatolangErnest Жыл бұрын

Thanks for the info my sister👏

@sehnzel Жыл бұрын

I wish you could explain for commission earners

@LindiweHlophe-vh2kf Жыл бұрын

Thank you so much for information ❤

@bonolo.mashigo Ай бұрын

Just in time for efiling 🥰

@travelthroughthelens369 11 ай бұрын

Very informative. Thank you.

@zinzimay1148 6 ай бұрын

Very informative, thank you so much for sharing. I would like to know if the same principal applies to 13th cheques?

@tropicanshaba848 Ай бұрын

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

@robsonfrancis4656 11 ай бұрын

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.

@brazo28 Ай бұрын

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.

@jenephuti1564 Ай бұрын

Well understood .thank you ❤

@bongzsmalawu1614 11 ай бұрын

that morning .... some of us received the garnish .. lol!

@user-sv8ms6fs4u Ай бұрын

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

@noremjonono7104 11 ай бұрын

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.

@meanorlil4709 Ай бұрын

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.

@samanthaleefong9057 17 күн бұрын

Why is my 90year old uncle still paying tax. His been on early retirement since he was 55yrs old. He has his own medical aid.

@xolapono1279 11 ай бұрын

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.

@SbupapaTube 11 ай бұрын

Thank you mntanami, can you explain how the retirement anuity affects my tax. I heard if i have an RA, my tax refund increases.

@nucleus8706 Жыл бұрын

Please do Car allownace

@siphesihlemchunu5979 Жыл бұрын

Hi My Sister, is it good to put a policy number for Provident fund on SARS when you are filing the returns?

@user-hr7fk7xp8z 16 күн бұрын

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

@laylahrenaymatras5869 11 ай бұрын

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?

@myinnerbeingknows Жыл бұрын

Thank you 😊

@nkululekomabaso1629 11 ай бұрын

Hi Nokuhle, what is the case with tax payments when a person resigned in RSA to go work overseas in a country?

@fefemngomezulu166 Ай бұрын

My ITSA balance shows -8772 for example however my refund status says no refund due

@ayandadubee Ай бұрын

I have the same issue 😭😭

@margaretmolefe1561 Ай бұрын

Mine too I don't understand anymore

@briankondos4529 Жыл бұрын

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?