The SARB Monetary Policy Committee (MPC) decided to hike the repo rate by 50bps, more than the forecasted consensus of 25bps. Here’s what the industry is saying…
Continue readingTax-free Savings Accounts (TFSA): How to Select the Most Appropriate Investment Portfolio
A TSFA is completely tax free: It reduces your taxable income while you invest and, when you withdraw, you receive the full investment back – here’s what you need to know.
Continue readingMore savings, less tax – take advantage by contributing more to your retirement fund(s)
In the first of an updated three-part series, we discuss how you can save on tax by starting to contribute – or contributing more – to your current retirement fund(s). The updated series focuses on section 11F of the Income Tax Act – the deduction of contributions to retirement funds.
Continue readingInvesting Offshore – CGT Depends Heavily On The Way In Which You Choose To Invest
When investing offshore, it’s important to consider the impact of CGT and the difference between between rand and foreign-denominated funds.
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