Financial year ending 28 February 2017 is at our doorstep. Should you consider to start a Retirement Annuity (RA), increase your contributions or to make use of the tax concession for the current tax year, we urge you to act before the end of the tax year (28 February 2017), and to give instruction to our office preferably before 15 February 2017.
Should you consider Ad Hoc payments to your Retirement Annuity, the instruction must reach us before the 15th of February 2017.
Why consider Ad Hoc contributions into your RA?
An Ad Hoc payment may ensure that the tax benefit of your RA could be utilized to its full potential.
We therefore invite you to contact our offices to assistance with:
a. making an Ad Hoc payment to your retirement provision before Financial Year end,
b) advice and revision of your current retirement provision,
c) increasing your retirement provision contributions.
Related articles to be found in our Blogspot.