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SARS tax directives on involuntary transfers before retirement

The South African Revenue Service (SARS) issued a communication about tax directives relating to involuntary transfers between retirement funds before retirement.  The communication reads:

Dear Valued Stakeholders

Kindly find attached a communication to share widely with your members.

The notification has been published on “I want to get a tax directive” and “ISV” on the SARS website. The notification has also been linked to today’s “Latest News.”

With warm regards

Karin Smit

Corporate and Professional Bodies

Click here for more information.

Click here for a PDF copy of the published tax directives communication.