Alec Hogg recently wrote a piece encouraging people to take full advantage of the tax free savings account before the end of February (http://www.biznews.com/undictated/2016/02/05/go-full-out-for-tax-free-savings-accounts-but-with-two-provisos/)…I di
I have posted on this previously but it seems to be an increasing issue and even SARS call centre agents are starting to admit that their systems are not up to scratch! The result is that even if you are not liable to submit a tax return (in terms of
SARS speaking with forked tongue (again) Filing season for the 2015 tax year opens today and SARS have been sending out plenty of emails about this. One of them is titled “BE TAX SMART - Check if you need to submit an income tax return!” which imp
I recently saw an advert for RSA Retail Bonds that was advertising “risk-free” returns. This kind of thing really gets up my nose and in my opinion it smacks of false advertising…RSA Retail Bonds are not the only culprits – just about all of the bank
There seems to be quite a bit of activity around the new TFSA accounts and yet it seems to be by all the "wrong" people. By this I mean that the people who seem to be getting excited are not the actual intended beneficiaries...we seem to be forgettin
I wrote the piece below towards the end of Feb just after the regulation around TFSA's was announced* and at the time that OM (life) announced the launch of their offering. I took the information directly from their website and then got contacted by
I was recently interviewed on radio about the new tax-free savings accounts (TFSA) that are being introduced on 1 March 2015. Any attempts to encourage savings in a country where household debt levels hover around 80% needs to be applauded and encour
I just did a significant RA top-up for a client – this is money that will be invested in SA funds and will stay in South Africa (apart from the 25% offshore allocation) and that will one day be used to provide an income which will once again be large
Traditionally February is our busiest month because it is the end of the tax year – this means it is the month to do the 2nd Provisional tax return (and payment) and also RA top-ups. Over the years RA’s have received a bad rap – this is mostly a f
We are about to enter into “RA season”…before you purchase an RA consider the following: A man walks into the client services centre of an insurance company and tells the consultant that he would like to move his RA to another company. The consult
•Asset Allocation Strategy
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