For customers who want a precise estimate of their expected payout, a two-pot system calculator is available on the SARS Online Query System (SOQS). The calculator requires basic information ...

A tax calculator is available on eFiling and ... Any under or over-deduction of tax from a two-pot retirement system withdrawal will be settled in favour of the taxpayer or Sars on assessment ...

The fund will calculate the one-third contributions to the "savings ... it is best to check with your financial adviser whether your fund qualifies for the two-pot system. If you are a member of a ...

The tax service has also gone live with its Two-Pot Retirement System Calculator, which will give taxpayers an idea of how much they will likely get out when withdrawing from their funds.

The two-pot retirement system provides tax incentives for members ... Sars used the taxable income specified by the client to calculate the tax deduction and in many cases the claimants specified ...

Retirement administrators were flooded with requests for withdrawals as the two-pot system came into effect on Monday ... Discovery's withdrawal calculator, which members of any retirement fund can ...

The two-pot system, which went into effect on 1 September ... A tax directive will be required to calculate the correct PAYE amount to withhold. Any withdrawals are taxed at your marginal rate ...

The draft legislation governing the first phase of the proposed two-pot system has been published and is open for comment. The long-awaited draft legislation with more details regarding the roll ...

Read: Two-pot retirement system demystified Caroline Naylor-Renn ... She believes the tax calculator on 10X’s website made people think twice before they withdrew funds.

“Since the inception of the two-pot system, SARS has observed an unprecedented increase in tax directive applications likely reflecting the economic challenges faced by households,” said SARS ...

JOHANNESBURG - The two-pot system came into effect on Sunday and the interest that people have in accessing their cash was highlighted by queues outside institutions on Tuesday. The withdrawals ...