SP
Sharon P

1 reviews | Active since Jul 2013

17 Jul 2015, 19:30

LUMP SUM DECLARED BUT DIRECTIVE OUTSTANDING

In Sep 2014, I transferred my pension fund into the Preservation Fund of Alexander Forbes. Thereafter towards the end of the year, I requested for a withdrawal to be processed.<br> <br> To my understanding everything was processed & monies was paid to me which was fine at that time as I was made aware that the relevant taxation was paid to SARS.<br> <br> Now that it is tax season, I have completed my tax return BUT now I am receiving an error from SARS stating that<br> it is a CODE 9857 Error where the LUMP SUM WAS DECLARED BUT DIRECTIVE OUTSTANDING.<br> <br> On calling SARS, I have been referred to Alexander Forbes & when contacting Alexander Forbes they advised me to contact SARS.<br> <br> I need clarity on the situation as it seems the relevant parties are unsure of what's going on in this matter.<br> <br> I would like to file my TAX Return, Please can someone contact me urgently regarding this matter as I would like to have it resolved ASAP.<br> <br> Your call centres are currently of no help in the situation.<br> <br> In fact Sugendree Moodley states the only tax directive available is the IRP 5 from the preservation fund. This was also sent to me with incorrect income on the IRP5.<br> <br>

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Replies (1)
Alexander Forbes Financial Services
Alexander Forbes Financial Services's reply17 Jul 2015, 19:41
Official
Hello shaz1405,

Thank you for contacting Alexander Forbes.

We refer to the above, we will arrange for the relevant tax certificates to be sent to you as proof of the tax deductions.

this will be sent to the details you have provided.

Kind Regards
Kiren Singh