Charitable giving is encouraged in South Africa through tax incentives, specifically under Section 18A of the Income Tax Act. Taxpayers who donate to approved public benefit organizations (PBOs) may claim deductions to reduce their taxable income. However, there are limits...
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South Africa’s retirement landscape has seen significant changes with the introduction of the Two-Pot Reform. This reform aims to provide more flexibility for individuals accessing their retirement savings while ensuring sufficient funds remain for retirement security. Understanding how this affects...