Sars hits state pensioners with large income tax bills - Poor internal communication between the tax agency and the Government Employment Pensions Fund has left 40 000 pensioners with less income
In December 2021, the tax agency said recently introduced legislation made provision for it to determine the effective rate of tax in respect of “the combined employment and/or pension sources of income of a taxpayer, with reference to the latest data available to Sars, and to provide that rate to the retirement fund administrators for purposes of withholding PAYE ”.
It said the directive aimed to address the “tax debt” many pensioners earning more than one income experience at year-end. that “there is a directive but pensioners can opt out”. Sibeko said this “has been made clear to GEPF in order to explain to pensioners”. But GEPF spokesperson Matau Molapo suggested the communication was not as clear as it should have been. Molapo said the GEPF had informed its members about the tax directive but added that “some might not have understood”. The GEPF could not say how the affected pensioners would be reimbursed, should it be determined that income tax was indeed wrongfully deducted.
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