The increase in VAT to 15% announced in the Budget Proposals will affect you in more ways than you think. Recent rumors that existing contracts such as cell phones and motor vehicle loans will not be affected are nothing more than wishful thinking. Perhaps even a ploy...
The consumer price index in South Africa increased 4 percent year-on-year in February of 2018, easing from a 4.4 percent rise in January and below market expectations of a 4.2 percent gain. It was the lowest inflation rate since March of 2015. So what is inflation all...
What is a trust? ...
The main objective of an investment is to achieve consistent returns over time relative to the risk you are prepared to take. The principal to follow is the higher return you expect…. the higher the risk you should be prepared to take. These returns are subject to tax...
Endowments are policy contracts which commit you to a minimum investment period of 5 years after which the proceeds are tax free. They basically provide a so called “wrapper” around various funds of choice which may be invested in various assets, such as, equities,...