Beplanning onderwerpe
We’re all feeling the pinch in our pockets as food, electricity, and housing prices soar and interest rate hikes become the new norm. While there has been some reprieve, many South Africans are struggling daily to make ends meet. When making it to the end of the month feels near impossible, savings…
By: Darren Britz, Partner and Head of Tax LegaIn the aftermath of the Sars v Thistle Trust case, Sars has issued a media release welcoming the Constitutional Court’s judgment, praising it for providing much-needed clarity on the interpretation of tax laws.While Sars acknowledges the ruling as a…
By: David ThomsonAs a single mom, planning for your child’s future is essential, especially if you're not on good terms with the other parent. A will is crucial to ensure your child's well-being.Apart from specifying your wishes linked to your child’s future, your will can also clarify complex…
By: Harry ScherzerWhen you read the words, “South Africa has a major financial literacy problem,” what’s the first thing that comes to mind? Is it the approximately 30 million citizens living below the poverty line? Or is it the 40% of South African adults who go into debt to…
Monumental life changes such as death, the birth of a child, marriages, and divorces can massively shift one’s financial well-being and in the same breath impact the lives of one’s household and extended family members.A significant life change to consider is divorce. According to data released by…
Andrew Bahlmann Foreign direct investment (FDI) is an essential engine for economic growth in developing economies and South Africa is no exception. The country's strategic location, diverse economy and access to key markets make it an attractive destination for international investors. However,…
By Joon ChongThe Constitutional Court (CC) handed down judgement on The Thistle Trust v Commissioner for South African Revenue Service CCT 337/22 on 2 October 2023.The facts of the dispute were common causes. The Thistle Trust (Trust) received distributions of capital gains from Zenprop, which is a…
By: Nicole van den MunckhofGlobally, approximately two-thirds of all women were married or cohabitated. As marriage rates are slowly declining to 64% projected for 2020, down from 69% in 1970, according to Our World In Data, more and more couples are opting to live together, and in South Africa, it…
As the Middle East conflict continues to escalate, investors may be understandably concerned about the potential impact on their portfolios. "Despite unsettling news headlines and efforts by world leaders to de-escalate the situation, such as recent diplomatic interventions and United Nations…
By: Tax Consulting SA The recent court appearance of a prominent television producer and his co-accused on charges of tax fraud totalling approximately R26 million, serves as a stark reminder of the risks associated with improper tax compliance.The allegations against the television producer and…
In today’s fast-evolving smartphone landscape, the gap between entry-level and premium devices is rapidly closing. HONOR, a global technology brand known for its innovative offerings, is leading this charge with the release of its latest entry-level smartphone, the HONOR X6b. While positioned as an…
By Sanan PillaySouth Africa's innovative two-pot system, blending immediate access with long-term retirement savings, is inspired by global best practices. There’s comfort in knowing we’re not the first; we’re following a long tradition of similar systems, taking poignant learnings from each.Here…
With South Africa’s 2024 tax deadline of 21 October approaching, crypto asset holders need to understand how their investments and trades are taxed under the South African Revenue Service (Sars) guidelines.Christo de Wit, South African country manager of Luno, a licensed financial services provider…
Financial advisers can no longer rely on traditional business and service models to operate effectively. The advice industry needs to adapt more readily to trends in customer preferences, financial regulation, demographics and wealth management, among other things, if it is to flourish as a…
Nicola MawsonWhile stories abound of people fighting with their insurance companies over one or other issue – although friends and family may not be a reliable source – a minimal number of complaints reached the office of the Ombudsman for Short-term Insurance (OSTI) last year.And, based on the…
During the industrial revolution, it became imperative to compete with adversaries on a productivity level. Work Measurement Study became the order of the day. The terminology described the systematic application of industrial engineering techniques to establish the work content and time it should…
South Africans are primarily accessing their Two-Pot savings to manage short-term debt and cover home or car expenses, according to Discovery Corporate and Employee Benefits.The data draws from the experiences of over one million employees across 3,000 employer groups who utilised withdrawal…
FSCA revokes licence of investment firm and debars two key personnelIn a decisive move aimed at reinforcing the integrity of South Africa's financial services sector, the Financial Sector Conduct Authority (FSCA) has revoked the licence of Global and Local Investment Advisors (Pty) Ltd (FSP 43286…
South Africans’ demand for credit increased over the last quarter, with the Gen Z cohort (people born between 1995 and 2010) driving growth, particularly in the unsecured credit market. This is according to the “TransUnion Industry Insights Report: Quarterly Review of Consumer Credit Trends” for…
The Office of the Pension Funds Adjudicator (OPFA) has announced that complaints about withdrawal benefits remain the most dominant category of complaints it investigated and closed in the year under review.According to the OPFA, this is in conjunction with non-compliance with section 13A (non-…