4 Tax Aspects that can Dog your Life as a South African Expat
Although you can start a new life in a far away land your tax records do not automatically transfer with you. Instead, you have to go through various processes to ‘break clean’; to ensure the South African tax authorities no longer have a fiscal claim to your income. This presents a number of problems given […]
Living to a 100 is Cool but how are you going to pay for it? New Retirement Issues Facing South Africans
Wind the clock back a few years and a person living to a 100 would be on the news. The person would probably be interviewed and they would talk about their earliest memories. Now living to a 100 and beyond rarely makes the news as it has become increasingly commonplace. This sounds great on the […]
Will the New South African Tax Bracket Impact your Wealth Management Plans?
Following the recent South African budget address given by Finance Minister Pravin Gordhan, it is clear that higher earners will be affected. The new tax laws which come into effect on the 1st March 2017, see a 45% tax bracket introduced if you earn more than R 1,500 001. This will push up your personal […]
South African Tax Amnesty Announced
Special Voluntary Disclosure Programme to go live in October The South African government has announced a tax amnesty providing an opportunity for individuals and companies to declare their offshore assets and bring their tax affairs in order. Now is a good time to speak to a financial planner and implement proper wealth management if you […]