FAQ: What if I still owe SARS a substantial amount after this legislation, Para2(2B) of the 4th Schedule has been applied on my Pension or Annuity?

The debt must be paid by the stipulated due date. Should you be aware of other sources of income that you have not told SARS about, you may choose to opt out and instruct one of the employers to deduct a higher tax rate in order to cover the potential shortfall on assessment.