14 October 2020 1 Min Read

News Leader

WATCH: Why the Treasury agreed to amendments to draft tax laws

Piet Nel from the SA Institute of Tax Practitioners talks to Business Day TV about proposed tax amendments for people planning to emigrate

in National by Business Day TV
Picture: 123RF/RAZIHUSIN
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The Treasury has made a concession for people planning to emigrate.

It says that those who apply before March 1 will be exempt from a proposed rule that prevents people from accessing their lump sum retirement funds before being a tax resident in another country for three years.

Business Day TV spoke to Piet Nel from the SA Institute of Tax Practitioners for more detail. 

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