3 paths to boosting pension contributions

Recent changes to pension laws have synchronised the tax benefits and withdrawal limits at retirement for pension and provident funds.

Changes to the tax rate on annuity income

Before the writing of this article different tax rates were applied by South Africa Revenue Service (SARS) on annuitants with more than one annuity.

Budget 2022: The Executive Summary

Corporate income and profit has been more resilient than anticipated and collection of both personal income tax and VAT above expectations.