The South African Revenue Service (SARS) has raised alarms over the growing number of taxpayers trying to avoid taxes linked to withdrawals from the new two-pot retirement system. With over R43 billion already paid out, more than 2.4 million applications for tax directives have been approved, but many others have been flagged for tax evasion. … Continue reading Taxpayers Beware: Over 200,000 South Africans Risk Penalties Over Two-Pot Retirement System Withdrawals