45% tax is real: Time to be tax efficient
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New tax deduction rules for contributions to retirement funds
The logic behind the new system is to treat all contributions to pension, provident and retirement annuity funds as a deductible employment expense for the employer and taxable fringe benefit for the employee. This leaves the employer in a tax neutral position.
Tagged with: financial planning, pension fund, provident fund, retirement annuity, retirement savings, tax deductions
Posted in News, Press Room
Posted in News, Press Room
