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Mark says: 16 February 2017 at 11:36 If I am able to contribute more than the mentioned 27.5% of my income towards a retirement fund, will SARS still give me a deduction for the entire contribution? This entry was posted in Tax Q&A and tagged Deductions, Retirement. Bookmark the permalink. |
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TaxTim says: 16 February 2017 at 12:09 Kindly read our blog on New Retirement Fund Tax Laws Unfortunately you are only allowed a deduction of 27.5% the rest will be carried over to the next tax year. |
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