I think i used printed out bank statement, SARS tax return and medical aid statement, they only asked for 1 but figured 3 would work better. They didn’t say anything about it being printed statements.
“SARS has made it clear that withdrawals from the vested component will be taxed at the individual’s marginal tax rate.”
Surely this isn’t correct? The vested pot follows the old rules.
Also used this new route (however mine was maternal grandfather between years 1983-1987) and got my passport a few months ago, was approximately a year long process from docs submitted to passport in hand.
A few additional questions if you perhaps may know the answers.
What happens in the case of resignations, and the transfer of the vested pot and savings components?
If transferring to a private RA, do they also see it as vested component transfer and savings component transfer?
Especially...
Also recently acquired citizenship through 4L, you only need retention before the ceremony, as the ceremony is when you officially become a citizen.
As mentioned above, it takes about 4-6 weeks for the retention and I waited almost 3 months for my ceremony invite.
I did actually arrange my...
If someone has 2 or 3 RA’s, how are they capping the 10% and to a maximum of R30 000?
Sure it will be picked up most likely when submitting tax returns but that is still after withdrawals.