SARS IN89 - Maintenance Order Calculator
Section 7(11) Income Tax Act - Tax-on-Tax Calculation
INPUT
CALCULATION STEPS (IN89 Formula)
(a) Tax on maintenance amount R 0.00
(b) Grossed-up tax [tax x 100 / (100 - rate)] R 0.00
(c) Grossed-up total [maintenance + step(b)] R 0.00
(d) Bracket changed? NO
(e-g) Additional gross-up (if bracket changed) R 0.00
(h) TOTAL DEEMED BENEFIT R 0.00
IRP5 CERTIFICATE OUTPUT
Code 3601 - Deemed Income (Maintenance Amount) R 0.00
Code 3808 - Deemed Benefit (Tax-on-Tax) R 0.00
Code 4102 - Employees' Tax R 0.00
SUMMARY
Total Member Income (3601 + 3808) R 0.00
Net Paid to Non-Member R 0.00
Total Deduction from Member's Reserve R 0.00
SARS IN89 - Maintenance Order Tax Calculation
Section 7(11) Income Tax Act - Tax-on-Tax Calculation
MEMBER DETAILS
Fund Name:
Member Name:
Member Number:
CALCULATION INPUT
Maintenance Order Amount:
Tax Year:
CALCULATION (IN89 Formula)
(a) Tax on maintenance amount
(b) Grossed-up tax
(c) Grossed-up total
(d) Bracket changed
(e-g) Additional gross-up
(h) TOTAL DEEMED BENEFIT
IRP5 CERTIFICATE CODES
Code 3601 - Deemed Income
Code 3808 - Deemed Benefit
Code 4102 - Employees' Tax
SUMMARY
Total Member Income (3601 + 3808):
Net Paid to Non-Member:
Total Deduction from Member's Reserve: