Two-pot requests exposing employers defaulting on pension contributions
By: Natasha Archary Image: Adobe Stock Two-pot withdrawal requests are exposing employers who have fallen behind on their pension fund contributions. While the South African Revenue Service (SARS) has received applications for two-pot withdrawals totalling R4.1 billion, Pension Funds Adjudicator Muvhango Lukhaimane joins Refilwe Moloto on Kaya Biz to share the alarming number of employers who have defaulted on payments into the fund. https://www.kaya959.co.za/news/two-pot-system-r4-1bn-tax-directives-received-in-the-first-10-days-of-september-by-sars/ As consumers cash out their pension […]