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T-Day

Government’s retirement reform and taxation changes take effect on 1 March 2016.

A lot of uncertainty prevails in the industry regarding the new taxation laws (T-Day) planned for implementation on 1 March 2016. Some of the provisions in respect of T-Day are going ahead for 1 March 2016 and others have been postponed to 1 March 2018.

Read the explanatory notes to the Revenue Laws Amendment Bill 2016

Read the Media Statement by National Treasury, as issued on 18 February 2016.

Members of Retirement Funds

As a member it is important that you familiarise yourself with any changes that might affect you

The changes explained (video)
What is changing? (Eng)
What is changing? (Zulu)
Questions and answers

Stand-alone Retirement Funds Administered by Sanlam

We provide an update on how the developments will impact our administration system




Download PDF

Participating Employers of the Sanlam Umbrella Fund

How will the changes affect the Sanlam Umbrella Fund? We provide an update from the Board of Trustees




Download PDF

Learn More about T-Day Online

Whether you’re a member contributing to a retirement fund, or are assisting with the administration of member contributions, our interactive online module will assist you with interpreting T-Day and its impact on member’s savings.

The module will take approximately 15-20 minutes to complete and includes a game where you can test your understanding of the T-Day principles.

The video format allows you to stop at any point and resume later on, so you don’t have to do it all in one go.

This module is only available on desktop.

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