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


Can I do a tax return on the money I've been taxed on last year September for provident fund?

Posted 6 July 2015

Jb2005 says:
6 July 2015 at 12:26

Hi, I got my provident fund last year in September 2014 from Alexander Forbes and I got a tax certificate from them. Can I do a tax return on the money that SARS taxed me on?

TaxTim TaxTim says:
6 July 2015 at 12:38

You need to submit the tax return regardless, but unfortunately you will not receive any tax back as a refund from this as taxes on lump-sums are once-off and subject to special tables.

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



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.