Beplanning onderwerpe
Sars is leveraging its powers under the Tax Administration Act, which provides for instances in which the Directors, Public Officers, or other representative taxpayers can be held personally liable for a company’s tax debt!Unlike the pre-COVID era, these representatives must err on the side of…
There’s an old saying in the world of fitness – “summer bodies are made in winter”, meaning that, although it is common for us to let our fitness regime slip in winter, it is actually the season we should be using to get our bodies in shape for summer.If one had to apply the same logic to their…
Life is full of unexpected detours, and an annual review of your financial plan is an opportunity to adjust your course if needed to ensure you remain on track to reach your destination. A new season, whether in nature or your life, is a good time to schedule an annual review with a financial…
What you think you know about tax when coming out of university changes quickly once you step into a top tax practice. Within the first few weeks on the job, I realised academic knowledge could only take me so far; the real depth begins in practice, far beyond what the lecture hall prepares you for…
When South Africans think about planning for the future, the focus often falls on major milestones, buying a home, investing in education, or finally driving the car of our dreams. Yet one of the most vital steps in financial planning is frequently overlooked: deciding what happens to our finances…
The South African Reserve Bank's (SARB's) decision to hold rates could offer consumers extra relief in the longer term, despite providing no immediate respite from high borrowing costs.On Thursday, the central bank's Monetary Policy Committee voted four to two to hold the prime lending rate at 10.5…
A social media story caught my eye recently, one that’s stayed with me. A woman had lived with her partner for nearly a decade. They shared a home, built a life, and raised children together. But when he passed away suddenly, she found herself locked out of the house they had called home. His…
In its latest meeting, the Monetary Policy Committee (MPC) of the South African Reserve Bank (Sarb) opted to hold the repurchase (repo) rate steady at 7.00%, maintaining the prime lending rate at 10.50%, rather than cutting or raising rates.Sarb Governor Lesetja Kganyago delivered the news during…
National Treasury has proposed three major amendments affecting portfolios of Collective Investment Schemes (CISs) in the draft Taxation Laws Amendment Bill, 2025 (TLAB).The first amendment is the removal of tax-neutral rollover relief for 'asset-for-share' transactions under section 42 of the…
It says a lot about global gender inequality that the world still needs an Equal Pay Day, a date set aside each year to highlight how far into the year women must work to earn what men earned the year before. It says even more that in 2025, the world observed this symbolic day on March 25,…
According to Statistics South Africa, household income and expenditure are fundamental components of a country’s economic landscape, influencing everything from consumer behaviour and savings rates to economic growth and stability. On average, the estimated household consumption expenditure per…
The other day, I overheard my daughter explaining compound interest in the most brilliant way. She said, “Your money has money babies. Then those babies have more money babies. And they have more money babies. The longer you leave your money, the more money babies you get.”She’s not yet in…
In a revealing look into South Africa's auto financing landscape, WesBank has reported a notable increase in the adoption of balloon payments among vehicle finance agreements.As the financial strain on consumers escalates, car buyers are increasingly turning to this payment structure to alleviate…
South Africa's Consumer Price Index (CPI) inflation has eased to 3.3% year-on-year in August, a slight decline from July’s 3.5%.This shift has heightened expectations for a potential cut in the repurchase rate (repo rate) at tomorrow’s South African Reserve Bank's (Sarb) Monetary Policy Committee (…
While it is entirely within a taxpayer’s rights to contest the outcome of a South African Revenue Service (Sars) assessment, doing so requires thorough preparation. This means ensuring that documentation is accurate, consistent, and properly presented, and that the explanation they provide does not…
A will is an act of love rather than a legal process. It is what you leave as your legacy for your children and your spouse. Many are quite intimidated and don't really like to think about the possibility of passing away, but this is something that protects those who are important to you.Yet,…
A pension fund has reversed its initial decision and will now pay out a death benefit of R798 066,32 to the beneficiaries of a deceased member, following intervention by the Office of the Pension Funds Adjudicator (OPFA).This comes after the fund had previously paid only R18 691.26 to the deceased’…
It’s no longer just death and taxes that are inevitable. Uncertainty and volatility have become permanent fixtures in the investment landscape, reshaping how fund managers approach decision-making.In this environment, sound investment strategies are less about chasing perfection and more about…
Despite an abundance of choice in skills training available in South Africa’s metropolitan hubs, many rural and remote communities continue to face significant obstacles when it comes to developing their workforce. With limited infrastructure, few accredited training providers, and scarce resources…
South African households have endured the steepest borrowing costs in over a decade, and 2025 has finally brought some relief. The South African Reserve Bank (SARB) has cut the repo rate several times this year, bringing it to 7.00% as of 2 September 2025.That’s down from its 2023–2024…