CORONAVIRUS – WHAT YOU NEED TO KNOW

In March, the President of South Africa declared a national state of disaster, announcing emergency measures to mitigate the severity of the impact of the Coronavirus. These measures are essential to protect our nation, but they will undoubtedly cause a further unprecedented decline in economic activity. “The world is facing a medical emergency greater than […]

Annuitisation changes effective 1 March 2021

MEMBER COMMUNICATION The new tax rules, regarding the annuitisation of provident funds, will be coming into effect on 1 March 2021. On 28 October 2020, in his Medium Term Budget Policy Speech the Minister of Finance announced new tax rules regarding the annuitisation of provident funds, effective 1 March 2021. These proposals (referred to as […]

Compliance Alert 1/22

How to keep a compliant status with the fund and qualify for compliance certificates