Where do I declare full cash payment from pension fund?
By Evan Robinson · Updated
I transferred from one company to another that outsourced their information systems department with a section 197 transfer a year ago. I decided to withdraw the full cash from my pension fund, as the money in my pension fund could not be transferred to a provident fund without being taxed (not sure it this is correct). Could you please advise where to declare the full cash payout / income that I have received?
Did the fund issue you with an IT3a?
Nope, didn't receive any documentation except the full cash payout. Do I need to request it from them?
Yes, you should request this from them as they should have provided this to you.
Thanks so much!