Newsletter August 2021
Breakdown of the retirement laws on T-day
Author: EQ Fin
By Ameeth Maharaj
(BCOM MBM, PD Diploma Financial Planning)
On 1 March 2021 the latest Tax Law Amendment Act came into effect and this became known as T-day which centered on 3 aspects i.e., annuitisation, portability and emigration when dealing with Provident Fund, Provident Preservation and Retirement Annuities.
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