n Tax Breaks Newsletter - High earners benefit most from new tax on retirement : retirement tax
|Article Title||High earners benefit most from new tax on retirement : retirement tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Nov 2007|
|Pages||1 - 2|
For many years, South Africa has had an extremely complicated and antiquated system in place to calculate the amount of tax to be paid on lump sums received from a pension, provident or retirement annuity (called retirement funds collectively in this article) on retirement.
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