It’s Never Too Early (or Too Late) to Start Investing
Ask most South Africans why they haven’t started investing yet, and you’ll probably hear the same answers: “I’m too young to worry about that, I’ve got time later.” “It’s too late for me now.” “I don’t have enough to invest to make it worthwhile.” These are all understandable feelings, but they’re not facts. The most […]
Investing in a Child’s Name? They Gain, You Pay
The reasons for putting an investment in a child’s name may well be altruistic, but it could backfire when it comes to tax. I can’t believe it’s been 13 years since my wife and I were thinking about our son starting high school. With me at seminary at the time, training to enter the Methodist […]
What should you consider when investing in a business
You have worked hard for many years, and have finally saved enough funds and mustered the courage to take the big leap that you have been dreaming about for such a long time… you are going to invest in your own business. You have found the perfect business and is excited about your new journey, […]
Tax free investment savings accounts
Our clients will have noted the various advertisements on radio and in the media generally of financial service providers inviting the public to invest in their respective so-called ‘tax free savings’ investment products. These accounts are made possible by section 12T of the Income Tax Act, 58 of 1962, introduced in 2015 as an initiative […]