How Section 10C Can Save You Tax in Retirement (Explained Simply)
Автор: Henri le Grange
Загружено: 2025-10-21
Просмотров: 792
All income from your pension, living annuity, or life annuity is taxable. But Section 10C of the Income Tax Act can change how much tax you actually pay.
In this video, I explain:
• What Section 10C is and why it exists
• How it prevents double taxation on your retirement contributions
• How SARS tracks your disallowed contributions
• How to plan your withdrawals to make the most of this relief
I also show a simple example using real numbers, so you can see exactly how Section 10C applies in practice.
If you’re planning to retire soon, or already drawing an annuity, this will help you understand how to make your money last longer and reduce unnecessary tax.
Align your goals.
Align your money.
Live fully.
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