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SASSA R350 grant is designed to help unemployed South African between the age of 18–59 years with no source of income. SASSA aims to eliminate long queues at its local offices across the country, so that beneficiaries can check payment dates and application status online, SASSA ensures smooth experience when applying for their Social Grants.
Only South African citizens born in South Africa may apply for the Smart ID card. They can apply for a smart ID card in two ways: they can either apply at their local home affairs, [5] or they can apply online [6] at the Home Affairs e-Channel website. The website provides a step-by-step guide on how to apply. [7]
The South African Social Security Agency (SASSA) is a national agency of the government created in April 2005 in order to distribute social grants on behalf of the Department of Social Development, with the latest grant being Social Relief Distress Grant SRD
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The grant, R350 per month, started to be paid out in May and ended in October 2020. In October, just before the grant was ending, SA Communist Party (SACP) leader Blade Nzimande called on the government to convert the grant into a "universal basic income guarantee".
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The deduction is further limited to the lower of R350 000 or 27.5% of taxable income before the inclusion of capital gains contributions. Contributions exceeding this amount are carried forward to subsequent tax years and "offset against the retirement fund lump sums and retirement annuities."
The HuffPost/Chronicle analysis found that subsidization rates tend to be highest at colleges where ticket sales and other revenue is the lowest — meaning that students who have the least interest in their college’s sports teams are often required to pay the most to support them.