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Budget Speech 2014: good news

By March 3, 2014July 25th, 2020finglobal.com

Budget Speech 2014: good news

March 3, 2014

South Africans living overseas pay less tax

Finance Minister Pravin Gordon’s tax announcement gave back more than South African taxpayers living overseas expected …

Effective 1 March 2014, expats will pay less tax when withdrawing the full value of their retirement annuities, preservation funds and pensions for transfer abroad.

Receiving more than one expected is always a pleasant windfall. To find out how much more you’ll get out when you move your money let us call you.

 

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