Maximising Wealth, Minimising Tax
Maximising Wealth, Minimising Tax . A comparative look at retirement annuities versus tax-free savings accounts. When it comes to personal finance, every individual has different needs, dreams and financial goals, as well as different pathways to achieving those objectives. One of the most common long-term ambitions shared by many South Africans is to retire comfortably—to […]
Tax ‘Tune-Up’ for 2024
Tweaks to help make your filing easier this year…and save some tax! “Time sure flies when you’re having fun”, so the old saying goes. The other day I was listening to Footloose being played over our local movie complex’s PA system, and it dawned on me that this Kenny Loggins classic will be 40 years old this year! It also …
When to Register Your Business for VAT
There’s a compulsory threshold, but there may be advantages to voluntary registration. Value-added Tax (VAT) registration is a crucial obligation for businesses operating in South Africa. Knowing when to register for VAT is essential to comply with tax laws and avoid penalties. This article discusses the circumstances under which businesses must register for VAT in […]