South Africa’s new two-pot retirement scheme was designed to give members some financial breathing room during tough times, without requiring them to resign to access their savings. In short, although it offers short-term financial relief, this withdrawal benefit should only be considered for emergencies and not change how you think about your retirement financial [...]
You are no doubt aware of the old adage “Nothing is certain but death and taxes”. While this seems like a stark statement, it does, in most cases, apply to any person generating an income. There is no escaping this legal obligation to pay tax but there is also no law against getting 'tax [...]
Many of you reading this may have just completed a tax return yourself or had your accountant complete it for you. Either way, you probably found that there was definitely still “Eish” in tax-eish-tion when you discovered how much tax you needed to pay to SARS. Sure, you claimed for certain expenses which reduced [...]
