I received another unsolicited email today from an operation called “savemoney.co.za” about a tax-free savings account. It's just Old Mutual in disguise and despite claiming to offer the “best tax-free savings account in South Africa” a little diggin
A few years ago, during the National Budget Speech, government put a cap of R350k pa on retirement contributions. It appears that no one at treasury has given this much thought as it only really affects the top few % of the population (first world pr
Not content with being lambasted by the tax ombudsman's office, SARS now seem to be making up their own rules as they go along. Speaking to fellow tax practitioners, the anecdotal evidence of this is overwhelming and it even seems that different SARS
You know that SARS is really in a mess when they still insist that Internet Explorer is the "safest" browser. It is also the only browser in which their efiling application functions correctly. How is this possible in 2017? If my information is corre
The tax ombudsman recently made damning findings about SARS unreasonably delaying paying refunds. SARS, of course, denied that there is anything malicious in this. However, experience seems to show that they are still very much applying stalling tact
Something seriously dodgy is happening at SARS - just had the 3rd case of them rejecting an RA tax certificate as proof of contribution to an RA. They are insisting on proof of contributions (since inception). Shouldn't be too difficult to obtain but
At first I thought that maybe it was only me and that the settings on my computer must be faulty - turns out it's not me. It's everyone who uses efiling... While there are many positives about efiling, can someone please look at the system from
Much has been written about the value of financial advice. There are many people who believe that financial planners offer little value for the fees charged while there are others who believe that the value financial planners add is very significant.
I get a lot of spam email but I really hate it when I receive unsolicited offers to invest from insurance companies. Today I received an email from Old Mutual offering to save me money with their Tax-Free Savings Account (TFSA). Apparently, you can s
I must admit to feeling quite deflated post the budget speech - kind of feels like we are just getting squeezed even more and that there is little motive to working hard and attempting to save when in reality we are just being taxed more and more and
•Asset Allocation Strategy
•Investment Research and Selection
•Local and Offshore Investing
•Tax Efficient Planning
