State pensions received from foreign country
By Marc Sevitz · Updated
No these are not taxable in SA and are specifically exempt in terms of the Tax Act.
I would appreciate if you could please quote the tax reference in the Act, so that I can look it up on the Internet.
Kind regards
Heiri Wolfensberger
Kind regards
Heiri Wolfensberger
s(10)(1)(gC):
gC)any—
i)amount received by or accrued to any resident under the social security system of any other country; or
ii)pension received by or accrued to any resident from a source outside the Republic, as consideration for past employment outside the Republic;
gC)any—
i)amount received by or accrued to any resident under the social security system of any other country; or
ii)pension received by or accrued to any resident from a source outside the Republic, as consideration for past employment outside the Republic;