International > South Africa
tax for South Africans
Tkay:
Thanks strawberry for the advise,you helped me a lot!
johnny russian:
--- Quote from: oculisorbis on October 25, 2011, 10:27:16 PM ---as a south african, you are not required to pay into the national pension.......it's the only big-7 country that is exempt. you might want to let your school know about that. you can save 4.5% of your earnings that way.
--- End quote ---
i wasn't aware of this. are there any documents you have to submit to get this exemption?
Warra:
--- Quote from: johnny russian on March 27, 2013, 11:10:10 AM ---
--- Quote from: oculisorbis on October 25, 2011, 10:27:16 PM ---as a south african, you are not required to pay into the national pension.......it's the only big-7 country that is exempt. you might want to let your school know about that. you can save 4.5% of your earnings that way.
--- End quote ---
i wasn't aware of this. are there any documents you have to submit to get this exemption?
--- End quote ---
South Africans don't pay pension in Korea but if you have been it's not a big deal, because I think you can get it back at the end of the year. No documents are required for this, just tell your school and they'll stop deducting it.
newb:
--- Quote from: oculisorbis on October 25, 2011, 10:27:16 PM ---as a south african, you are not required to pay into the national pension.......it's the only big-7 country that is exempt. you might want to let your school know about that. you can save 4.5% of your earnings that way.
--- End quote ---
Why not let them deduct your 4.5% and let them match that 4.5%? At the end of your contract, you can claim both contribution totalling 9% of annual earning.
johnny russian:
--- Quote from: Warra on March 27, 2013, 11:21:25 AM ---
--- Quote from: johnny russian on March 27, 2013, 11:10:10 AM ---
--- Quote from: oculisorbis on October 25, 2011, 10:27:16 PM ---as a south african, you are not required to pay into the national pension.......it's the only big-7 country that is exempt. you might want to let your school know about that. you can save 4.5% of your earnings that way.
--- End quote ---
i wasn't aware of this. are there any documents you have to submit to get this exemption?
--- End quote ---
South Africans don't pay pension in Korea but if you have been it's not a big deal, because I think you can get it back at the end of the year. No documents are required for this, just tell your school and they'll stop deducting it.
--- End quote ---
kiff one bru, thanks so much! ;D
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