Sars Retirement Annuities

Why retirement annuities Still Make Sense?
Why retirement annuities still make sense? Thursday, 28 April 2011 pay it over to SARS. The tax is set at 10% of the final dividend paid. “There are various exemptions from dividend tax, the most common being where the shareholder is another South ... Document Viewer

REPUBLIC OF SOUTH AFRICA EXPLANATORY MEMORANDUM ON THE ...
Apply to SARS to be approved as one of three types of retirement funds, i.e. a . PRELIMINARY DRAFT 21 FEBRUARY 2008-02-21 3 (ii) Retirement benefits: annuities and lump sum Members of a pension fund may only take a maximum of one-third of their ... Fetch Doc

Why Investors Should Consider retirement annuities As A Long ...
They include SARS for unpaid taxed and previous spouses (then only in terms of the court approved divorce settlement). Microsoft Word - Why investors should consider retirement annuities as a long-term savings tool.docx Author: kulthoomh ... View This Document

Prime Retirement Annuity Fund
Retirement Annuities, under current legislation, are fully protected against creditors in the event of insolvency. Security Cession ( SARS ). The Fund is governed by the Fund Rules and relevant legislation. The ... Read Full Source

BRENTHURST WEALTH MANAGEMENT INVESTMENT REPORT
Retirement annuities (RA’S), a very important saving instrument for PLANNING FOR A SECOND (OR THIRD) RETIREMENT Finally, SARS follows a practice of “use it or lose it” when it comes to the tax relief granted to individual tax payers. ... Access Content

GUIDE ON THE TAXATION OF LUMP SUM BENEFITS (Issue 2)
SOUTH AFRICAN REVENUE SERVICE GUIDE ON THE TAXATION OF LUMP SUM BENEFITS (Issue 2) been established for providing annuities to members on retirement from employment. 7. TAX RATES APPLICABLE TO LUMP SUM BENEFITS (2008 rates) ... Visit Document

Guide On The Taxation Of Lump Sum Benefits: Draft
Commissioner for the South African Revenue Service, of the aspects relating to the tax treatment of lump sums payable from pension, 4.4 Existing annuities Where the trustees of a retirement fund are satisfied that a member or former ... Access Document

Irf.org.za
SARS. P O Box 402 . Pretoria . 0001 E-mail: tramasimong@sars.gov.za. Fax: 012 422 4952. IRF Ref No: 1010. Dear Sir. RE: LIVING ANNUITIES . while retirement annuity fund annuities must have tax deducted at PAYE rates ... Read Document

NEW REGULATORY DEVELOPMENTS THAT MAY AFFECT THE FINANCIAL ...
Commutation of small annuities at retirement from employment: Amendment of General General Note GN 16 issued by SARS provide that if the rules of an approved pension or retirement annuity fund in any form prescribe or indicate the annuity factor that is to be used to ... Return Document

Prime Group Retirement Annuity Fund ( PGRA )
Retirement Annuities, under current legislation, are fully protected against creditors in the event of insolvency. Security Cession Service ( SARS ). The Fund is governed by the Fund Rules and relevant legislation. The management, ... View Document

SA Dividends Tax
Investec retirement annuities, preservation funds and living annuities No dividends tax will be withheld in respect of these products. Investec IMS FAQ SA dividends tax which included the official SARS declaration form for exemption. ... Return Doc

Do You Have Any Questions?
PPS RETIREMENT ANNUITY FUND REG NO: 12/8/404 SARS NO: 18/20/4/030135 TRUSTEES: D PRESBURY (CHAIRMAN), D DONDUR, J DOWNIE, M EUSTACE, P GOVENDER “New generation”, unit trust based retirement annuities (such as the new section of the PPS Retirement Annuity) ... Read Here

Update Your Tax Details
Penalties from SARS, so we would greatly appreciate it if you would help us in ensuring that your details are up to date. Who this will affect Policyholders of retirement annuities and income continuation policies who receive contribution certificates from Liberty ... Document Retrieval

APPLICATION TO BECOME A MEMBER OF THE FUND AND PURCHASE ...
FSB Registration Number: 12/8/29715; SARS Approval Number: 18/20/4/34515 Is this investment a transfer from another fund? No Yes Title and first names Surname and initials Note that this instruction overrides existing annual adviser fee agreements on retirement annuities. 6. ... Fetch Content

GENERAL SUBJECT: DEFINITION OF RETIREMENT ANNUITY FUND ...
SPECIFIC ASPECT: PROVIDING ANNUITIES ON RETIREMENT FROM EMPLOYMENT STATUS: DECISION SOUTH AFRICAN REVENUE SERVICE Date: 1 September 2008 . Title: Microsoft Word - General Notes 18A for website _2_.doc Author: s1032059 Created Date: ... Fetch Here

REPORT TO MEMBERS OF THE PENSION LAWYERS ASSOCIATION ON THE ...
RETIREMENT FUNDS (IRF) LEGAL AND TECHNICAL COMMITTEE HELD ON Prior to this, living annuities were regulated by SARS Practice Notes, namely RF1/96 and addenda thereto. 7.1 In ... Doc Retrieval