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CALCULATION OF INVESTMENT INTEREST 2010 RETURN ON INVESTMENTS FOR SARS. SIDNEY COAD WILLIAMS


I HAVE 4 INVESTMENT ACCOUNTS MY SARS INVESTMENT RETURN FROM ABSA REFLECTS AN INTEREST RETURN ON INVESTMENT OF ABOUT 16% WHEN IT SHOULD SHOW A RETURN OF ABOUT 8% I HAVE DISCUSSED THIS ISSUE WITH A CONSULTANT AT ABSA BANI, WALMER PARK BRANCH PORT ELIZABETH AND I WAS REFERRED TO ABSA HEAD OFFICE. IT IS BEYOND MY COMPREHENSION THAT ABSA CAN GIVE ME A RETURN ON ABOUT 16% . IF I SUBMIT THIS RETURN TO SARS AND THEY TAX ME ON THIS INFLATED RETURN THEN WHEN THE PROBLEM EVENTUALLY IS SORTED OUT GETTING MY MONEY FROM SARS IS AN EVENT TOO HORRENDOUS TO CONTEMPLATE. SIDNEY COAD WILLIAMS.

 

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6 years ago
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