Provident Fund Reform Postponed

 2016-12-18 11:19 AM by


"Government is forced to backpedal on provisions in the Tax Amendment Act that compel South Africans to put two-thirds of their provident fund savings in a retirement annuity.

The provision meant that retirees would be allowed to take only one-third in cash, while currently they’re entitled to the full amount." - The Herald Port Elizabeth.   To Read More See Below Links To Articles

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