Retirement Annuity and Pension Fund claims on the ITR12 tax return?

By Marc Sevitz · Updated

I know you claim the RA under the deductions on the ITR, but can you claim the premiums paid toward a pension fund as well and if you can where?
TaxTim Marc

TaxTim Marc said:
9 July 2013 at 15:43

Did you contribute towards a pension fund through your employer? Do the deductions appear on your IRP5?
Doll

Doll said:
9 July 2013 at 15:45

Yes the total contribution shows on the IRP5 as a deduction
TaxTim Marc

TaxTim Marc said:
9 July 2013 at 15:46

That is fine then, the employer has already taken it into account when working out your PAYE paid over each month and you don't need to do anything further for the Pension fund contribution.
Doll

Doll said:
9 July 2013 at 15:47

Thanx!
TaxTim Marc

TaxTim Marc said:
9 July 2013 at 15:48

Only a pleasure!