As a dynamic, global legal practice with offices in Johannesburg, Durban and Cape Town, we have one of the largest legal footprints in South Africa. We employ more than 500 people, with 200 lawyers offering experience and knowledge across the spectrum of legal disciplines. Our clients include financial ... More Details »
The amount that you contribute towards providing for retirement, up to 15% in certain instances, may be deducted from your income before tax is calculated. This has the effect of you being taxed on a lower amount - your actual income less your retirement contributions. It does not mean that you will not have to pay tax on that money.