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Taxes - Being Auditted again :evil:

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Kradmelder
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Joined: 13 Jun 2012
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PostPosted: 14:36 - 26 Sep 2012    Post subject: Taxes - Being Auditted again :evil: Reply with quote

For the 5th year in a row I am being auditted and been asked to submit my supporting documents for my income tax return Evil or Very Mad

Each time the assessment is the same as the original submitted, and the audit only serves to delay them paying me out by a few months Evil or Very Mad

I always get a lot of money back (550-1200 pounds), so I assume the audit is to delay paying me out Evil or Very Mad .

I use my bikes for work travel (15000-20000 km per year of buisiness travel) , so am entitled to claim back the running costs of bike and dpreciation relative to my work km, on top of the km allowance. We used to get travel allowances tax free so cover use of vehicles, but now we are taxed montly on travel allowances and must claim it back at tax time based on a log book. I can also deduct what I spend on medical aid from income for tax purposes. So they always owe me a lot of money.

Bastids are always quick to take your money and charge you interest if you owe them, but they dont pay you interest for holding your money for a year and then delaying for months paying you out.

Oh well, at least I get paid per km to ride, and a large sum of the cost of my bikes is written off against tax Razz


I pay the bastids enough anyway.
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Hex
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Joined: 04 Feb 2002
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PostPosted: 14:44 - 26 Sep 2012    Post subject: Reply with quote

Your right on teh fact that they are soon enought to take it off you, but 550-1200 aint a lot back you need to work the system more. Wink

Is there ever any reason your "targeted" for an audit?
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Kradmelder
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Joined: 13 Jun 2012
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PostPosted: 15:03 - 26 Sep 2012    Post subject: Reply with quote

Hex wrote:
Your right on teh fact that they are soon enought to take it off you, but 550-1200 aint a lot back you need to work the system more. Wink

Is there ever any reason your "targeted" for an audit?


They only say 'yours has been selected' blah blah. But it cant be random if Im selected every year. According to stats SA, im well into the top 5% of income bracket (like more than double the average of the top 5% of whites), which probably has something to do with it. Maybe they preferentially audit the high earners to try and squeeze more out.

I could get huge sums back if I drove a merc or something, as you write travel off against the cost of the vehicle. But I hate caging.

I already structure my package to pay less than 20% tax, even though Im in the highest tax bracket. Like take 30% of my income as a travel allowance, invest large sums in 'pensions' which are off shore investments,. Not much more I can work

They have clamped down on claiming part of your home as an office. if you have a business office you can no longer claim the home.
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Rogerborg
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Joined: 26 Oct 2010
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PostPosted: 15:44 - 26 Sep 2012    Post subject: Reply with quote

Searches for: jew, juden, darkie.

No hits.

Account hijacked? Thinking
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Kradmelder
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Joined: 13 Jun 2012
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PostPosted: 16:10 - 26 Sep 2012    Post subject: Reply with quote

Rogerborg wrote:
Searches for: jew, juden, darkie.

No hits.

Account hijacked? Thinking


The darkies are the experts at hijacking. Die juden focus on shylocking and financial shenanigans.
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Suntan Sid
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Joined: 07 May 2009
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PostPosted: 16:39 - 26 Sep 2012    Post subject: Reply with quote

Infamy, infamy, they've all got it in for me! Mr. Green
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Old Thread Alert!

The last post was made 13 years, 145 days ago. Instead of replying here, would creating a new thread be more useful?
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