💨 Abstract

The South African Revenue Service (SARS) has received and processed 1.2 million applications for withdrawals from the Savings Withdrawal Benefit of the two-pot retirement system, with a total gross lump sum of R21.4 billion paid out. Taxpayers are encouraged to use digital channels for applications, and SARS has received queries through various digital and voice channels.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖