The fund who paid the amount out would have already deducted the tax and paid this over to SARS. When you submit your 2014 tax return, the IRP5/IT3a document will already appear there. There is no more tax to pay. Just hold onto the document the fund issued you in case SARS asks for it.
Get Tax Deadline Reminders, News and Tips
We'll tell you when you need to file, along with tax tips and updates.