More than 2.4 million South Africans have applied to withdraw money from their savings components under the two-pot ...
The South African on MSN5d
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.
The South African Revenue Service has set up a highly specialised unit to come after taxpayers who are dipping into local and ...
Taxpayers have deliberately understated their taxable income, and the SARS commissioner did not mince words when addressing ...
The South African on MSN4mon
SARS in the money as South Africans in a frenzy to cash in on new ‘Two-Pot’ retirement systemHowever, when an individual withdraws now, they will be taxed at their marginal tax rate. At a conservative average of 20%, ...
Tech Financials on MSN7d
UPDATE: Desperate South Africans drain R43 billion from ‘Two-Pot’ retirement systemSARS has issued its latest update regarding the figures for withdrawal tax directives received under the 'Two-Pot' retirement ...
So far, more than 2.4 million South Africa cashed out R43 billion from their pensions funds after the two-pot pension system ...
Sars reveals that over two million taxpayers have accessed their savings pot, with R 43.42 billion paid out to date.
There were big changes in SA's tax regime in 2024. SARS also stepped up its use of technology, making it harder for taxpayers ...
The taxman was able to collect between R11 billion and R12 billion in taxes from the two-pot savings withdrawals system since it began in September 2024. This admission was made by the SA Revenue ...
The South African Revenue Service (Sars) has reported that it has received 2 664 279 applications for tax directives for ...
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