There’s a lot of noise around Tax-Free Savings Accounts at the moment—most of it suggesting that maxing out your TFSA is the only key to long-term wealth. After looking at it more closely (and drawing on years of experience in both business and markets), I think that’s an oversimplification. Yes, the TFSA has clear advantages: […]
Is the TFSA really a “silver bullet” for investing? Read More »
With the introduction of South Africa’s two-pot retirement system, many individuals are asking whether they can access funds in a more flexible way — specifically, whether it is possible to borrow against the savings pot instead of withdrawing from it . ## No Direct Borrowing Facility Under the current framework, there is no mechanism that
# Can You Borrow Against the Savings Pot Under South Africa’s Two-Pot System? Read More »
Understanding the R100 000 “Tax-Free Donation” Rule and How It Affects Your Estate
Understanding the R100 000 “Tax-Free Donation” Rule and How It Affects Your Estate Read More »
Foreign Pensions By Meerkat Accountants, Plettenberg Bay Many South Africans have worked or lived abroad at some point in their careers, and continue to receive pensions or lump-sum benefits from foreign funds. Up to now, those foreign pensions have often enjoyed favourable tax treatment in South Africa — but that may be about to change.
Foreign Pensions — Major Tax Change Looming for South Africans Read More »