Sars received 2 664 279 applications for tax directives, while a total gross lump sum of R43.42 billion was paid out.

SARS releases 2-pot system figures SARS published a media ... that one particular TikTok user showed that her maximum retirement withdrawal would be taxed under R8500. A financial expert weighed ...

Under the two-pot system, retirement fund members who resign from their employers are no longer allowed to cash out their ...

The two-pot retirement system was implemented in September last year to give people access to their retirement savings for ...

Cosatu advocates for increased access to pension funds under the two-pot retirement system, aiming to help workers manage ...

Discover how South Africans are navigating their savings with insights from Alexforbes' latest survey, revealing trends in ...

More than 2.4 million South Africans have applied to withdraw money from their savings components under the two-pot retirement system, with a staggering R43.4 billion paid out to date.

SARS said that almost 2.67 million applications were received to withdraw money. But almost 300 000 were ... the amounts were deducted before any payouts were made. The two-pot retirement savings ...