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Do they take the primary rebate into account if you're on a provident fund?

Posted 25 November 2013

Do they take the primary rebate into account if you're on a provident fund?

TaxTim Marc TaxTim Marc said:
27 November 2013 at 10:10

Provident fund payouts are taxed according to a set table and do not include primary rebates.

Robin said:
28 November 2013 at 8:47

Can I rephrase this question, if you are contributing to a provident fund, can you include the primary rebate when calculating the tax deduction allowed?

TaxTim Marc TaxTim Marc said:
28 November 2013 at 12:45

Provident fund contributions don't attract a tax deduction so you won't be able to include this amount in your taxable income - or deduct it at least.

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