National Treasury Withdraws Controversial Proposal to Remove Tax Exemption on Foreign Pensions, Opts for Broader Consultation
During a virtual meeting of the Standing Committee on Finance on 4 November 2025, Chris Axelson, a Deputy Director-General at National Treasury, announced that the proposed amendment in the draft Taxation Laws Amendment Bill (TLAB) to delete section 10(1)(gC)(ii) of the Income Tax Act No. 58 of 1962, is withdrawn. The decision comes as National […]


