 

 

FROM: Allan Gray Client Services 
SENT: Friday, May 3, 2024 11:29 AM
TO: anton.kruger@harcourts.co.za
SUBJECT: Confirmation of your living annuity income for the upcoming
year - AGLA515669

 

 

 [https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/363c1e31e28ab70340b296e1503e8197]

 [https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/363c1e31e28ab70340b296e1503e8197]

 

 

Dear Mr KRUGER 

 

Your Living Annuity income information for the upcoming year for
account AGLA515669 is now available through your Allan Gray Online
account.

Once logged in, navigate to ‘STATEMENTS & DOCUMENTS’ >> ‘OTHER
DOCUMENTS’ to view or download. To access your online account, visit
the 'log in' page on our website, www.allangray.co.za
[https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/9f8ec3d7a051b16813644f08e89ab00e].

A copy of your annuity income information for the upcoming year is
attached (USE YOUR ID NUMBER STARTING WITH 6101 TO OPEN).

 

REVISED INCOME TAX TABLES MAY CAUSE THE VALUE OF YOUR PAYMENT TO
CHANGE

SARS reviews the income tax tables at the end of February each year.
As we are required to apply the latest income tax tables to living
annuity payments, any changes made to the tax tables may cause the
value of your future payments to change.   

 

If you still require any further changes to be made to your income and
frequency, submit this instruction by 16 MAY 2024 using the revision
form previously sent. Please contact your financial adviser to assist
you with making this decision.

 

Yours sincerely 

[Faizil Jakoet's Signature]

Faizil Jakoet
HEAD OF RETAIL CLIENT SERVICES 

 

UNDERSTAND YOUR TOTAL TAX LIABILITY IF YOU HAVE MULTIPLE SOURCES OF
INCOME AS SARS MAY SPECIFY FIXED TAX RATES

As of 1 March 2022, SARS may require us to withhold tax for your
living annuity income at a rate that is determined by SARS considering
multiple sources of income. If this is the case, SARS will instruct us
on the rate to use via a fixed-rate tax directive. Should they do so,
we will communicate this with you in advance informing you of your
available options. In the meantime, you can learn more about how SARS
has changed tax for annuitants here
[https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/250b1ff5e337a9337adb6340c77819de]. Should
you have any questions, please contact your financial adviser.

 

0860 000 654

INFO@ALLANGRAY.CO.ZA

WWW.ALLANGRAY.CO.ZA
[https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/6b6534d33da006b2f9ee964221ddd022]

 

 [https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/337370629f9be989d8b2fa376977411e]

 

Investor information
[https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/80ecf9347681a207f2e0ff8c730c5007]

Legal information
[https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/71f7f7e9e607dc2ec507ed868eac2deb]

Email legal notice
[https://allangray.everlytic.net/s/t/l/6634990f7c2c6a13107079f2/d0e9ceb51aea354bd608edef54d1a009]

