Understanding the Two-Pot Retirement system: Questions and answers
As of 1 September 2024, significant changes have been introduced to the retirement landscape in South Africa with the implementation of the two-pot retirement system. This system allows members of pension funds, provident funds, and related schemes to access a portion of their savings while still working. With this shift, it is essential to understand […]
Why your business should partner with a tax expert: Save money, gain expertise
Managing taxes can be complex, especially when tax rules are constantly changing. By partnering with a tax specialist, you can simplify the process, save money, access expert advice, and find peace of mind. Facing These Tax Challenges? Complex Regulations: Tax laws can be complicated and frequently updated. Keeping Up: Regular changes in tax laws require continuous monitoring. […]
Offshore investing: Why local is not always lekker
Being patriotic is good when it comes to sports teams, but not necessarily for investments. Samuel Johnson’s quotation about patriotism being “the last refuge of a scoundrel” may well have represented the 18th-century poet and playwright’s disdain for contemporary British politics, but when it comes to being patriotic, it might be good when it comes […]
Filing season 2024: Make sure to check your SARS uploads
It seems like it was just the other day that I’d finished submitting the 2023 tax returns for of my clients—mainly because for two of them, it literally was. For the clients in question, the late submission was due to delays in obtaining IRP5 certificates from various providers. SARS has imposed the inevitable administrative penalties […]