Two Pot System: 1.9 million applicants withdrew over R35 billion from their savings
Zuko Komisa Image | Adobe Stock The most recent total numbers for tax directions received regarding withdrawals from the Savings Withdrawal Benefit under the two-pot system have been released by the South African Revenue Service (SARS). Since its launch, SARS has seen a record-breaking and consistent rise in tax directive applications, which is probably a reflection of the financial difficulties that households are facing. By November 18, 2024, a total […]