New tax law on pension funds

By Nicci Courtney-Clarke · Updated

Gertruida

Gertruida said:
10 March 2016 at 17:58

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
TaxTim Nicci

TaxTim Nicci said:
11 March 2016 at 18:01

Please make use of our SARS income tax calculator to work out the tax payable.