TWO-POT OPT-IN CALCULATIONS: DRAFT REVENUE LAWS AMENDMENT BILL OUT FOR COMMENT

National Treasury has released a draft Revenue Laws Amendment Bill for comment by 17 January 2025. According to an explanatory memorandum on the proposed new piece of legislation, in the context of two-pot retirement savings and associated opt-in seed calculations it seeks to address a starting date ‘anomaly’.

The draft Bill and explanatory memorandum were posted on the National Treasury website well after close of business on Friday 13 December 2024. The media statement drawing attention to them was published several hours beforehand.

Published by SA Legal Academy Policy Watch

Follow us on X @SALegalAcademy (you can also join us on LinkedIn and Facebook)

There are not comments for this article at the moment, check back later.
You must be logged in to add a comment, log in now.
Need Help ?

Explore Smarty