Picture: 123RF/RAZIHUSIN
Picture: 123RF/RAZIHUSIN

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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