Tax on retirees, page-12

  1. Infose
    4,056 Posts.
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    05/04/18
    10:27
    Post #: 32235286
    In order to take advantage of the tax free concession the pensioner (aged 60 or above I think) has to withdraw each financial year a minimum amount from his account. Otherwise the earnings of the fund attributable to him or her become taxable.
    Last edited by Infose: 05/04/18
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