FK
Frank K

1 reviews | Active since Sept 2013

18 Nov 2020, 16:57

Alexander Forbes appears unwilling to issue an IT3A certificate because no tax was paid but they still need to issue the IT3A

I am not receiving an IT3A certificate from a retirement fund payout from a TSW retirement fund administered by Alexander Forbes (AF). AF claims that no tax was paid. Even so I am still required to submit the IT3A certificate. As administrators of the retirement fund, AF are required to provide an IT3A certificate. A full detail of email correspondence below: 01 Sep 2020: tax consultant contacted AF requesting the IT3A 15 Sep 2020: a response was received that the ID number was required which was immediately supp**** 17 Sep 2020: we received a message with subject line "Tax Certificate - CAS-***-L8M6S0" and message "Kindly note this was a surplus unclaimed benefit which no tax was app**** for." The tax consultant immediately responded "May we please have a copy of the IT3 A? Although no tax was app**** for the certificate should still have been sent to SARS." This was sent to ***. We received a reply with the same message but with "which no tax was app**** for." underlined. 28 Oct 2020 The tax consultant again requested the IT3A from ***, which she explained needed to be sent even if no tax was paid. 18 Nov 2020 The tax consultant again requested the IT3A from ***, which she explained "Whether or not tax was paid, I still need a copy of the IT 3 A Certificate(no tax paid)." 18 Nov 2020 For what it is worth I added "Please can the IT3A certificate be issued. As administrators of the TSW pension fund you are paid to do this work."

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Replies (2)
Alexander Forbes Financial Services
Alexander Forbes Financial Services's reply23 Nov 2020, 09:45
Official
Dear Frank
 
At Alexander Forbes, our clients are important to us and I am sorry to learn that you’re dissatisfied with our service. Thank you for taking time to bring this to our attention.  
 
We hereby acknowledge receipt of your complaint and apologies for the inconvenience caused. 
 
We will investigate your query and provide feedback with the contact details provided.   
  
Kind Regards
Client services 
FK
Frank K's update08 Dec 2020, 11:51
Reviewer Update
Dear Client services

Your reply above remains words until such time as the matter is resolved.

The tax consultant has again sent an email requesting the IT3A which you are legally required to produce for each pension payout you administer even if no tax is paid.