FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Provident fund value not reflected on IRP5

Posted 6 October 2015

SP said:
5 October 2015 at 13:49

My IRP5 does not reflect my provident fund value. Please advise if the new ruling is that no tax on provident funds be deducted by employer. Year/2014/2015. I have a huge amount to now settle SARS

TaxTim Marc TaxTim Marc said:
6 October 2015 at 7:26

This is correct, provident fund deductions will kick in for the next tax year beginning 1 March 2016.

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.





Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.