| We can now confirm that the Taxation Laws Amendment Act, 2015 was passed by both Houses of Parliament and was sent to the President to be signed into ... |
| Background Subsequent to consultation between NEDLAC and Government, it has been decided to delay certain of the proposed retirement reforms targeted ... |
| The Financial Services Laws General Amendment Act, 2013 (the Act) was Gazetted on 16 January 2014. All amendments are effective 28 February 2014 unles... |
| The Taxation Laws Amendment Act, 2013 (the Act) was signed into law on 12 December 2013. Changes are effective 1 March 2015. |
| First draft released in March 2011 for comment by 2 May 2012. and the second released early 2013; not clear if third draft will be released for comm... |
| T-day is expected to be in or after 2015. The following proposals were announced by Minister Gordhan: |
| During the 2012 Budget speech the Minister of Finance announced that a focus would be on promoting household savings and reforming the retirement indu... |
| False job terminations take place where employees withdraw from their retirement fund without actually resigning from their employer purely to gain ac... |
| Where death benefits are insured via freestanding unapproved group risk schemes, insurance companies have of late started to strictly apply the specif... |
| During 2011 we communicated the revised Regulation 28 requirements and the impact thereof on funds. |
| The revised Regulation 28 requirements were recently released and would initially apply as from 1 July 2011. Subsequently the Financial Services Board... |
| In his recent budget speech, Mr Pravin Gordhan, Minister of Finance, announced several amendments and proposed further amendments which will impact th... |
| Section 11(w) of the Income Tax Act specifies the criteria that an employer-owned policy has to adhere to in order for the premiums to be tax deductib... |
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