NEW: Calls For Govt To Immediately Repeal New Tax Amendment Laws

South Africa’s biggest union has called on government to immediately repeal the tax amendment laws, describing the new legislation as the privatisation of workers' money.

The National Union of Metal Workers of South Africa (Numsa) has also accused the State of trying to use workers provident funds to help cover the shortfall of an inadequate social welfare system.

President Jacob Zuma this month signed the Tax Administration Amendment Bill, which will prevent the withdrawal of a provident fund lump sum payments from 1 March.


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