n Tax Breaks Newsletter - Retrenched or retiring? Here's some good news on the tax front
|Article Title||Retrenched or retiring? Here's some good news on the tax front|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Nov 2011|
Those facing retrenchment or retirement can look forward to better tax breaks from this year, with retrenchment or retirement tax-free payments increasing from R30 000 in a lifetime to R315 000, effective from the 2012 tax year.
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