hit counter SARS warns against withdrawing from new ‘Two-Pot’ retirement system – Steam Clouds

SARS warns against withdrawing from new ‘Two-Pot’ retirement system

Those South Africans who intend to withdraw from the savings pot of the new ‘Two-Pot’ retirement system which begins on Sunday, 1 September 2024 must be registered for tax, said the South African Revenue Service (SARS). ‘Will typically be in employment’ “Those who are not registered must register before they apply to their relevant fund. “If a …

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