Sars received 2 664 279 applications for tax directives, while a total gross lump sum of R43.42 billion was paid out.
Cosatu advocates for increased access to pension funds under the two-pot retirement system, aiming to help workers manage ...
Cosatu has submitted proposals to the government in which they request that workers should have greater access to their ...
Under the two-pot system, retirement fund members who resign from their employers are no longer allowed to cash out their ...
The South African on MSN12d
Here’s why these 200 000+ taxpayers are in BIG trouble with SARSThe South African Revenue Service has issued a warning to taxpayers in its latest update related to the 'Two-Pot' retirement system.
Tech Financials on MSN15d
UPDATE: Desperate South Africans drain R43 billion from ‘Two-Pot’ retirement systemThe South African Revenue Service (SARS) has announced that to date it has received 2 664 279 applications for tax directives for withdrawals from the Savings Withdrawal Benefit of the two-pot system ...
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 ...
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.
Two financial experts offer advice on planning for retirement in your twenties and on how much you need to start saving.
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