New tax law on pension funds
By Nicci Courtney-Clarke · Updated
How will I be taxed according to the new pension fund law? Salary R27,000 House subsidy R700 travel allowance R10,735 Alexander Forbes Provident Fund R2,077 Company contributes R5,004
New tax law 27. 5% pension rebate -Interpretation there of My contribution R2077 only or 2077 5004=R7081
New tax law 27. 5% pension rebate -Interpretation there of My contribution R2077 only or 2077 5004=R7081
Please make use of our SARS income tax calculator to work out the tax payable.