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Make most of retirement tax changes

There could be huge opportunities for you to boost your retirement savings next year, when the tax deductions for retirement fund contributions are amended, Jenny Gordon, the head of retail legal support at Alexander Forbes, says. From March 1 next year, the various tax deductions for contributions to a pension fund or retirement annuity (RA) will be simplified and replaced with a uniform deduction for contributions to all types of funds…Read More

 

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