New tax on retirement income earned overseas – Independent Online

New tax on retirement income earned overseas – Independent Online


Independent Online

New tax on retirement income earned overseas
Independent Online
Pensioners living in South Africa and receiving pensions as a result of working abroad in the past have, until now, enjoyed a full tax exemption on that income. Now, as of March 1, the exemption in the Income Tax Act has been narrowed down to apply

New tax on retirement income earned overseas – Independent Online