Christian decided to resign from his Pension fund in May 2023. The fund value is R400 000.
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Question:
Christian decided to resign from his Pension fund in May 2023. The fund value is R400 000. He would like to transfer R375 000 to a Retirement Annuity Fund and take the balance in cash.
Calculate the retirement tax payable
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
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