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bulking payments

hollywood actors
News

The Hollywood Entertainment Industry Faces a Historic Moment: Actors Join Writers in Strike

by Sarah Kendricks
July 15, 2023

The Screen Actors Guild (SAGAFTRA) has joined writers in a historic industrywide walkout, halting the colossal movie and television business. This marks the first significant strike in 63 years, affecting around 160,000 movie and television actors. ## SAGAFTRA Issues Strike Order

tax exemption bulking payments
News

New Notice by National Treasury and SARS Provides Tax Exemption for Bulking Payments to Former Members of Closed Retirement Funds

by Kagiso Petersen
May 6, 2023

The National Treasury and the South African Revenue Service (SARS) have recently gazetted a notice that grants a tax exemption for bulking payments made to former members of closed retirement funds. This notice aims to provide consistency in tax treatment, clarity, and certainty for South African taxpayers.

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