Tax Tuesday: Tax brackets

De Wet De VilliersLatest, Tax Tuesday

A common complaint amongst South Africa’s tax-paying citizens is our high tax rate when compared to the rest of the world. We aren’t saying this is not true (South Africa rated as the country with the 12th highest personal income tax rate in 2018), but we want to clarify how the SARS tax brackets work ...
JSE Direct with Simon Brown

Podcast: It’s not ok to just be your best

Simon BrownJSE Direct, Latest

Simon Shares Woolies* (JSE code: WHL) update is same old same old. Local food doing great, fashion okay and Australia still under pressure with the refurbishments due to end March 2020. Brait (JSE code: BAT) announces a large recapitalisation with a cR5.5billion rights issue at a 27% discount to the share price and about 60% ...
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ETF: Understanding the Krugerrand Custodial Certificate

Kristia van HeerdenETF Blog, Latest

The physical nature of a gold investment provides investors with a sense of security. Ironically, though, taking delivery of a physical gold investment comes with risks. RMB’s Krugerrand Custodial Certificate (KCCGLD) offers an opportunity to invest in Krugerrands without having to resolve issues around storing physical assets. Like the Dollar Custodial Certificate (DCCUSD), the Krugerrand ...

Wealthy Maths: Tax on retirement contributions

Stealthy WealthLatest, Wealthy Maths

While SARS is more than happy to take their pound of flesh, they also offer some ways to legally reduce your tax bill – tax breaks on retirement annuity (RA), pension fund and provident fund contributions. So how much can you contribute to get the full tax deduction in a tax year?

Cash Club: Savings Challenge Update

Njabulo NsibandeCash Club, Latest

At the beginning of the year, I started a savings challenge, where I increased my monthly contributions in increments of R200, i.e. R200, R400, R600, etc. As you can imagine, it started fairly easy and got harder and harder as the year went on.  In September, my savings contribution was R1,800. This is over and ...
The Fat Wallet Show with Kristia van Heerden

Podcast: Stock market risk

Kristia van HeerdenLatest, The Fat Wallet

This week’s show is the second of the risk-series, sponsored by the Index and Structured Solutions team at Absa CIB. In the first episode we spoke about financial risks that aren’t investment-specific. This time, we talk about risks specifically related to the stock market and your portfolio.  When it comes to investing, we’re most concerned ...

Family Wealth: Property investment done right

Mosaic Financial SolutionsFamily Wealth, Latest

Investing in a residential property is part of a sound and diversified multi-generational investment strategy. It provides steady cash flow and returns that should comfortably exceed inflation over time. An often overlooked benefit of this investment is the associated tax breaks.  Apart from the standard deductions for business expenses, including property-related costs and interest paid, ...