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New SARS process to determine amount of PAYE from retirement funds

FISA received the following communication from the SARS Stakeholder Management Department:

“Dear Stakeholders

Kindly note the attached information letter re the tax directive enhancements that will come into play in 2022. 

Please share this as widely as possible with your members.

With warm regards

Karin Smit

Stakeholder Management ‒ Private Sector

South African Revenue Service”