According to a recent report by Mail & Guardian, most South Africans are unprepared for retirement, risking financial insecurity in old age. Several reasons explain this trend. Limited Financial Literacy Many people lack understanding of financial products and the...
Tax season in South Africa is a time for reflection—reviewing past financial decisions and planning for a more secure future. One of the most effective ways to reduce your tax liability and boost your savings is by investing in a Retirement Annuity (RA). Not only does...
What’s auto-assessment? Basically, SARS figures out your taxes for you using info they already have. You don’t have to do anything unless you’re not happy with it. Who can do this? Some provisional taxpayers (like you) can now choose to be part of it this year. How to...