CP
Chris P

1 reviews | Active since Feb 2024

22 Mar 2024, 13:27

Tax Query

I have now been struggling for more than a year to get issues sorting out around my tax. It started with some investment at Discovery which was switched to Sanlam and the subsequent SARS documentation that was submitted with the incorrect information from what was originally given to SARS. SARS have therefore not accepted my tax returns dating back to the tax year 2021/2022. I have now managed through my broker to obtain some feedback from Discovery, but am appalled at the time frame given as this issue has been ongoing for more than a year now. Shocking service from Discovery!! Transfer Out Type Task SLA(Business Days) Section 14 Transfer Out 1. Assessment and response to submitted Transfer Out documents 5 2. Drafting and Trustee approval of Form H on receipt of Client Declaration 10 3. Acknowledgement and QA of signed Form H received for payment 5 4. Payment Process after point 3 above 15 Transfer-In-Kind (Transfers between Discovery policies) 1. Assessment and response to submitted Transfer Out documents 2 2. Processing of the Internal Transfer 5 3. Activation of the Internal Transfer new policy 5 Directive 135 Transfer Out 1. Assessment and response to submitted Transfer Out documents 5 2. Assessment/drafting of Annexures 2 & 3 10 3. Acknowledgement and QA of signed Annexures received for payment 5 4. Payment Process after point 3 above 15

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Replies (1)
Discovery Invest
Discovery Invest's reply22 Mar 2024, 13:33
Official
Good Day

Thank you for bringing the below matter to our attention.

For the protection of your personal information, we will contact you on the contact details provided.

Best regards,