Your South African retirement savings and their tax implications

The National Treasury and SARS have introduced many changes to the treatment of South African retirement vehicles which have often resulted in adverse tax implications and penalties for early withdrawals, or strict rules and regulations applied. The aim of this was to incentivise South Africans to be more forward thinking and to encourage the provisioning of adequate savings for retirement.

Khutso Makgoka
Specialist Legal Consultant:
Expatriate Tax

Megan Tucker
Processing Supervisor