Question:
I am the beneficiary on late husbands annuity do I have to register for Tax to transfer the annuity income to me
Answer:
Frieda, Yes, you would need to have a tax number as the tax on the annuity income will be deducted by the annuity provider and paid over directly to SARS. For them to do so, you need to have a tax number.
The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.
