Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

Retirement Annuity and Pension Fund claims on the ITR12 tax return?

Posted 9 July 2013 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
I know you claim the RA under the deductions on the ITR, but can you claim the premiums paid toward a pension fund as well and if you can where?

This entry was posted in Tax Questions and tagged , , . Bookmark the permalink.

TaxTimTaxTim says:
9 July 2013 at 15:43

Did you contribute towards a pension fund through your employer? Do the deductions appear on your IRP5?


Doll says:
9 July 2013 at 15:45

Yes the total contribution shows on the IRP5 as a deduction


TaxTimTaxTim says:
9 July 2013 at 15:46

That is fine then, the employer has already taken it into account when working out your PAYE paid over each month and you don't need to do anything further for the Pension fund contribution.


Doll says:
9 July 2013 at 15:47

Thanx!


TaxTimTaxTim says:
9 July 2013 at 15:48

Only a pleasure!


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →