NF - March 2020

RETIREMENT FUND CONTRIBUTIONS AND THE COVID-19 VIRUS – 30 March 2020

Section 13A of the Pension Funds Act compels employers to pay the retirement fund contributions deducted from an employee’s salary as well as the employer’s contribution to the retirement fund in question within seven (7) days of the end of the month for which such contributions are being deducted…

TRANSFER DUTY Rates from: 1 March 2020

Wednesday, 26 February 2020: Minister of Finance, Mr Tito Mboweni, delivered the National Treasury’s budget for 2020/2021 this afternoon… Transfer Duty Rates: No Transfer Duty payable on Property purchased, up to and including: R 1 000 000