SARS updates

Foreign Pensions — Major Tax Change Looming for South Africans

Foreign Pensions By Meerkat Accountants, Plettenberg Bay Many South Africans have worked or lived abroad at some point in their careers, and continue to receive pensions or lump-sum benefits from foreign funds. Up to now, those foreign pensions have often enjoyed favourable tax treatment in South Africa — but that may be about to change.

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