How to get a tax refund

https://www.fmjfinancial.co.za/112-tips-to-save-on-your-tax-return/

As we work with many clients, including accountants and even chartered accountants, we have extensive experience in dealing with tax submissions, audits, objections, penalty negotiations and other aspects of individual tax. As stated above, many accountants and chartered accountants even bring their business to us. Why? Well, it is simple. They work with businesses and issues around annual financial statements – not individual tax, day after day. Therefore, even though they are qualified in the field, they do not work with this daily and therefore simply don’t have the experience in dealing with this.

Medical Aid

1. Submit all medical expenses to your medical aid even if they don’t pay the expense. The amount will be put on your certificate and can be considered for credits when your return is done.
2. Make sure to keep proof of payments for any medical expenses claimed as the lax laws work on when an amount is paid for medical and not incurred as it works with business.
3. When submitting your return to SARS and claiming expenses not paid by the medical aid, draft a summary of these expenses and submit this to SARS with the 10 largest invoices and a statement that you are able to provide other medical expenses upon request.
4. Make sure that you do not use the amount on the medical certificate “claims not paid by the medical aid” in your summary. This may constitute a duplicate expense and may cause SARS to disallow your entire claim.
5. In the above case, you will have to show in the benefit statement that the expense you are claiming was not paid by the medical aid by reference to the medical aid benefit statement.
6. Make sure you have the invoices per your summary available in case SARS requests them. You have to keep them for a period of 5 years from the first day of the next year after submission.
7. Verify if any family member qualifies as being classed as disabled which has a wildish definition.
8. When your return goes under audit, make sure to submit the documents immediately and that your contact details are readily available in your Dear SARS letter.
9. If disabled, make sure you claim everything you can as it is possible to go beyond the medical costs incurred.