How can you use your retirement fund to soften this blow of the Budget tax shock?

Share:

Listens: 0

New Retirement Thinking

Business


Business Day TV — The increase in VAT rate announced in former Finance Minister Malusi Gigaba's 2018 Budget Speech is still an unpleasant for many hardworking South Africans and even though personal income tax rates were not raised, no inflationary adjustment for the top four income brackets means higher income earners will be paying more of their salaries to the government. But how can you use your retirement fund to soften this blow of the Budget tax shock? in studio Semeyi Zake is joined by Katherine Barker, Head of Momentum FundsAtWork.