Scott

The ANC are coming after your retirement and pensions in South Africa

On 31 July 2020, the Draft Tax Law Amendment Bill (TLAB) contained a hidden announcement, which may prove to be the final straw for many ex-South Africans who still have retirement investments left in South Africa, notes Jonty Leon, legal manager at Financial Emigration.

The TLAB seeks to legislate to prevent a South African who has exited South Africa’s tax base, from withdrawing their retirement funds from the country, until an unbroken period of 3 years has passed where that person can prove non-tax residency, he said.
Duration: 0:10:52

Subscribe to Loving Life Channel
Subscribe to Loving Life 2019 Channel
Subscribe to Sunday night Livestream Channel

View this Video on YouTube

Subscribe to stay informed.
Remember to ring the bell to get the notifications,
and most of all, stay safe.

Med – https://i.ytimg.com/vi/ITv_ygd9q78/mqdefault.jpg
High – https://i.ytimg.com/vi/ITv_ygd9q78/hqdefault.jpg