Secure your future

Taxation of Contributions


From 1 March 2016, contributions to retirement funds are taxed as fringe benefits in the hands of the employee  contributions up to 27.5% of the greater of your remuneration or taxable income are deductible for tax purposes  retirement fund contributions are capped at an annual maximum of R350,000, with undeducted amounts carried forward to future years

To calculate how much of your contribution will be tax free, use the CoE Calculator at http://www.hruct.co.za/COECalc/UCTRFCalculation



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