Watch this video to see how you can use a little financial planning to dramatically increase the time that a client can draw escalating income from a Living Annuity. Everybody wins here! The clients gets more income for a longer period and more capital stays in the...
Here is one way to reduce your income tax bill. By taking advantage of SARS’s generous scheme to slash the income tax tax for taxpayers with children or relatives at registered educational institutions, a taxpayer can save tens of thousands of Rands in income tax. ...
We are pleased to announce that South Africa’s biggest financial institution has purchased a license agreement to distribute WinTax2020 to their staff, tax lawyers and consultants. The institution has bought a WinTax license every year for the past 21 years. ...
SARS will only allow a taxpayer to claim a limited amount of any taxes, deducted offshore on foreign income and investments, as tax credits on the taxpayer’s tax return in South Africa. The amount of foreign taxes that SARS will allow the taxpayer as a credit for...