Company retirement fund benefits: what are your options on resignation or retrenchment?
The pension or provident fund is likely to have additional risk benefits that may change significantly when you leave your current company.
SARS’s discretion to write off temporarily an amount of tax debt while a company is subject to business rescue will be reviewed.
Read moreThe pension or provident fund is likely to have additional risk benefits that may change significantly when you leave your current company.
An entity can formalise its dormancy by way of a liquidation process or by deregistering with the Companies and Intellectual Property Commission.
There is a major difference between pre-retirement and post-retirement funds regarding the nomination and payment of beneficiaries.
One of the guides applies to the Income Tax Return for Trusts.
Money in the savings pot should be withdrawn only as a last resort, for absolute financial emergencies.
Administrators are concerned there is not enough time for financial advisers and members to understand the implications of the changes.
Discovery is not hoping to secure a tender to administer the National Health Insurance scheme, says chief executive.
National Treasury resolves the conflict between the draft legislation and the explanatory memorandum.
Plus: the proposals for defined-benefit funds, inter-fund transfers, section 37D deductions, and the taxation of contributions and growth.
Clarity on when a gain is considered revenue or capital.
As with the similar section 12J investment incentive schemes, the barrier to entry is high.
Edward Kieswetter also shares his views on tax breaks for home electricity generation and a wealth tax.
Withdrawals from the savings and retirement pots will be taxed in different ways.
New trends call for new requirements. Help your clients to fulfil their wishes when the time comes.
The VDP allows taxpayers to come clean on non-compliance that may lead to penalties discovered by Sars.
Analyses of the implications of extending income support measures in South Africa, including a basic income grant (BIG), have focused on one of three things: how much it will cost, calculations about how […]