Budget strengthens saving for retirement, says Sanlam
The changes include the increase in the annual tax-deduction cap, and new annuitisation and living annuity commutation thresholds.
Annuitisation
Two pots: good news about tax on lump-sum withdrawals at retirement
National Treasury resolves the conflict between the draft legislation and the explanatory memorandum.
Latest proposals on how the two-pot retirement system will work
A guide to the features of the three components: savings, retirement, and vested.
Finally: annuitisation of provident and provident preservation funds
The Taxation Laws Amendment Bill, announced in Parliament late last year, introduces new tax rules regarding the annuitisation of provident funds which will come into effect on 1 March 2021. A recent opinion […]
Finally: annuitisation of provident and provident preservation funds
The Taxation Laws Amendment Bill, announced in Parliament late last year, introduces new tax rules regarding the annuitisation of provident funds which will come into effect on 1 March 2021. A recent opinion […]
