Planning Topics
During SA Revenue Services’ (Sars) current auto assessment season, it is useful to remember that a refund is paid (within 72 hours of the auto assessment) before the taxpayer has a chance to check the data on which the assessment was made.Sars began this season’s auto assessments on Friday, and the…
Some issues that were cited by the SA Institute of Chartered Accountants (Saica) that occurred with auto assessments last year are listed below.Whilst some of these issues may be re-occurring, it is still early in the filing season so we are waiting for input from members before we can validate…
With agriculture accounting for 75% of Africa’s trade, 70% of its employment and over 20% of the continent’s GDP, it is critical for Africa’s farmers to understand how climate change impacts agriculture and how agriculture influences climate change.Climate change is a material risk for Africa and…
A recent court case has highlighted the danger for property sellers who deliberately fail to tell buyers about hidden defects that they are aware of. In other words, if you are selling your property, you need to disclose to prospective buyers any hidden defects in your property that you know about…
Don’t miss the grand celebration of 30 years of leading decor and design - Decorex Joburg 2023 runs from 3 to 6 August!It’s been three decades since Decorex Joburg burst onto the decor and design scene, with the inaugural event taking place in 1994. Since then, the show has successfully grown and…
Tax season officially kicked off this week, and the South African Revenue Service (Sars) recently issued a communication on all the form and system changes applicable to trusts from 23 June, which trustees and trust service providers need to take note of. Filing period for non-provisional…
A lot of articles have been written about the two-pot retirement system, which will be implemented on 1 March 2024. Most pension fund members have focused more on how the two-pot system will affect them when they withdraw from the fund before retirement by limiting their access to retirement…
The FNB/BER Consumer Confidence Index (CCI), a telling marker of SA’s economic health, dropped to its second-lowest CCI reading on record since 1994, -25 index points in the second quarter of 2023. According to the report released late last week, consumer confidence remains ‘’extraordinarily’’…
One of the important tasks of the national government is to redistribute funds, mainly received from taxes, to other sectors of the economy. These transfers serve as a financial lifeline to diverse groups, which includes households, public corporations, local and international organisations, and…
South African marriage law has changed a great deal over the last century, yet recent modifications have initiated a congestion of change. Against this background, knowledge and support to guide confident estate planning for partners are imperative. There are three marriage Acts in South Africa:The…
Cracks are starting to appear in the Environmental, Social, and Governance (ESG) investment movement. This may have been inevitable, considering vested interests in the old ways of doing business. But there may be other, more cogent reasons why ESG, practically at least, is running into…
Life is uncertain, and no one can predict what the future holds. That's why it's crucial to be prepared for any eventuality, especially when it comes to protecting yourself and your loved ones financially. One of the most effective ways to achieve this is by having appropriate types and levels of…
Unless you live in France, you might think that recent mass strikes over the proposed pension reforms in the country have nothing to do with you. But given how fast age demographics are changing across the globe, it is almost safe to say that you are wrong.According to IMF research, if you live in…
In our second instalment of our four episode Tax Month series, in collaboration with the South African Institute of Tax Practitioners, or Sait for short, we will be unpacking Research and Development Incentives - or R&D as the bean counters refer to it . R&D incentives have been around for…
Personal Finance is so excited to announce that acting editor Ruan Jooste has been nominated in two categories “Audio/Radio ” for her weekly podcast and “Consumer Education” for her written articles in the upcoming Sanlam Group Awards for Excellence in Financial Journalism, which was announced this…
One of South Africa’s largest banks, FNB, has said that in the past four years its customers saved R6.6 billion using the Bank Your Change® feature. The Bank Your Change® saving feature is activated through the FNB app to automate saving small amounts from a transactional account into a linked…
Every year, hundreds of thousands of South Africans emigrate. Some go in pursuit of new career opportunities, while others hope for a safer environment for their children. Still others leave to be closer to children and grandchildren who’ve already left the country or to study at a prestigious…
Personal Finance is so excited to announce that acting editor Ruan Jooste has been nominated in two categories “Audio/Radio ” for her weekly podcast and “consumer education” for her written articles in the upcoming Sanlam Group Awards for Excellence in Financial Journalism, which was announced this…
Whether inside the classroom or not, Loot has the best back-to-school tech plus gear for all students.Monitors:The DELL S2721HN 27" Full HD Monitor is designed to sit easily into any space ready for your everyday lifestyle.With two HDMI ports, it permits you to run two streams on it, so, work PC,…
If you’ve seen the news reports about household names in the credit industry being taken to task by the Regulator for “incorrectly selling credit insurance products, was probably the first time you heard about credit life insurance, but if you have ever purchased anything on credit, or taken out an…