Refund on Tax paid?
By Marc Sevitz · Updated
I recently withdrew my pension fund as at end Jan 2015 due to resignation from my previous employer. It was the first time I withdrew a pension fund. Is that not going to have a negative effect on getting a refund with SARS for this tax season?
It will not affect your normal tax situation as withdrawals are based on a separate tax table and does not impact your normal submission.