Displaying items by tag: 30 percent tax on EPF comes under public wrath

Sunday, 10 September 2023 10:29

30 percent tax on EPF comes under public wrath

The “Inland Revenue (Amendment)bill seeks to change the status quo of the 14% tax rate on superannuation funds – the largest of which is the Employees’ Provident Fund (EPF) – by increasing the tax rate to 30%.

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