Water is joining medical aid as a major threat to retirement affordability. In 2019, about 31 kL (1kL per day) cost roughly R636. Today, a comparable bill is around R2,267 — more than tripled in under six years. This isn’t just price inflation; tariff structures...
If you win a lottery or inherit big money, you have two simple options to give away cash. Both affect your taxes, but in different ways. 1) Give to friends and family (private gifts) You probably will want to share some of the spoils with friends and family. This has...
– Donations tax (on gifts to non-18A recipients) – What it is: A tax you pay when you give money or assets to someone who isn’t an approved 18A recipient. – How it works with your estate: Money or assets you give away during your life...
The recent upsurge of Buy Now Pay Later plans (BNPL) being taken up by South African households clearly exposes a shift in consumer behavior when comparing against the ‘lay-by” way of buying. Lay-by vs. Buy Now, Pay Later (BNPL): what’s the difference and...
How it works Buy now, pay later (BNPL) can feel convenient—buy today and split the cost into small installments, often with no interest if you pay on time. In South Africa, the appeal is clear, but so are the risks. BNPL can encourage spending beyond what you can...