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1 reviews | Active since Mar 2021
30 Mar 2021, 15:25
no tax deduction on low withdrawal
According to SARS and the tax regulations around my withdrawal, I was not supposed to get deducted any tax amount because it is below the R25000 threshold as per the SARS website, so please explain to me in detail why I was taxed ??
i want this amount that was taxed to be refunded
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Momentum (SA)'s replyOfficial
30 Mar 2021, 15:32Thank you for your posting. The matter will be referred to management for urgent assistance and feedback.
Kind regards
NH
Kind regards
NH
Momentum (SA)'s reply30 Mar 2021, 15:32
Official
Thank you for your posting. The matter will be referred to management for urgent assistance and feedback.
Kind regards
NH
Kind regards
NH
Momentum (SA)'s replyOfficial
30 Mar 2021, 15:46Good Day
Momentum Corporate submits a tax directive to SARS as per the requirement. SARS then provides Momentum with a directive and we are under obligation to deduct the amount which SARS has indicated.
We can unfortunately not query this with SARS as they require the members themselves to query this.
We suggest that you contact SARS and put a query in regarding this deduction.
Momentum (SA)'s reply30 Mar 2021, 15:46
Official
Good Day
Momentum Corporate submits a tax directive to SARS as per the requirement. SARS then provides Momentum with a directive and we are under obligation to deduct the amount which SARS has indicated.
We can unfortunately not query this with SARS as they require the members themselves to query this.
We suggest that you contact SARS and put a query in regarding this deduction.